Commercial Loan Officer III Salary in Michigan

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Commercial Loan Officer III Salary in Michigan

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How much does a Commercial Loan Officer III make in Michigan? (2025)

As of August 01, 2025, Commercial Loan Officer IIIs in Michigan earn an average annual salary of $114,045 with an hourly rate of $55. Salary ranges from $93,596 (10th percentile) to $138,370 (90th percentile), with the majority earning between $103,341 (25th percentile) and $126,777 (75th percentile). Compensation varies based on experience, skills, company size, and local market factors - all explored below.

Compensation Planning Develop a Job description Pay Equity Salary Grading Scale Pay for Performance
Salary Salary + Bonus Benefits
Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $103,341 10% $93,596 90% $138,370 75% $126,777 $114,045 50%(Median) Didn’t find job title? Click
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Commercial Loan Officer III Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $126,777 $10,565 $2,438 $61
Average $114,045 $9,504 $2,193 $55
25th Percentile $103,341 $8,612 $1,987 $50
500+ Commercial Loan Officer III job openings Go >
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Senior Commercial Loan Officer

Isabella Bank - Mount Pleasant, MI

Commercial Loan Officer

Southern Michigan Bank & Trust - Portage, MI

Outside sales for Commercial truck & Van equipment

Workman’s Commercial Truck & Van Equipment - LAS VEGAS, NV

Experienced CSR in Commercial Print Industry

The Digital Frontier - BROOMFIELD, CO

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Davison, MI Decker, MI Deckerville, MI Dryden, MI Durand, MI Fenton, MI Filion, MI Flushing, MI Forestville, MI Fostoria, MI Gaines, MI Genesee, MI Goodrich, MI Grand Blanc, MI Hadley, MI Harbor Beach, MI Holly, MI Imlay City, MI Kinde, MI Lapeer, MI Lennon, MI Lexington, MI Linden, MI Marlette, MI Melvin, MI Metamora, MI Minden City, MI Montrose, MI Mount Morris, MI New Lothrop, MI North Branch, MI Ortonville, MI Otisville, MI Otter Lake, MI Palms, MI Peck, MI Port Austin, MI Port Hope, MI Port Sanilac, MI Ruth, MI Sandusky, MI Snover, MI Swartz Creek, MI Ubly, MI Vernon, MI Flint, MI Burton, MI Mikado, MI Haslett, MI Henderson, MI Holt, MI Howell, MI Hubbardston, MI Ionia, MI Ithaca, MI Laingsburg, MI Lake Odessa, MI Lakeview, MI Lyons, MI Mcbrides, MI Maple Rapids, MI Mason, MI Middleton, MI Morrice, MI Muir, MI Mulliken, MI North Star, MI Orleans, MI Ovid, MI Owosso, MI Palo, MI Perrinton, MI Perry, MI Pewamo, MI Pompeii, MI Portland, MI Potterville, MI Riverdale, MI Rosebush, MI Saint Johns, MI Saint Louis, MI Shepherd, MI Sheridan, MI Sidney, MI Six Lakes, MI Smyrna, MI Stanton, MI Sumner, MI Sunfield, MI Vestaburg, MI Webberville, MI Weidman, MI Westphalia, MI Williamston, MI Winn, MI Woodland, MI Lansing, MI Kalamazoo, MI Portage, MI Allegan, MI Athens, MI Augusta, MI Bangor, MI Battle Creek, MI Bedford, MI Bellevue, MI Benton Harbor, MI Bloomingdale, MI Breedsville, MI Bronson, MI Burlington, MI Burr Oak, MI Cassopolis, MI Centreville, MI Ceresco, MI Climax, MI Cloverdale, MI Coldwater, MI Coloma, MI Hagar Shores, MI Colon, MI Comstock, MI Constantine, MI Covert, MI Decatur, MI Marshall, MI Martin, MI Mattawan, MI Mendon, MI Nashville, MI Nazareth, MI Nottawa, MI Olivet, MI Oshtemo, MI Otsego, MI Paw Paw, MI Plainwell, MI Quincy, MI Richland, MI Riverside, MI Saint Joseph, MI Schoolcraft, MI Scotts, MI Delton, MI Sherwood, MI Dowagiac, MI Dowling, MI East Leroy, MI Fulton, MI Galesburg, MI Gobles, MI Grand Junction, MI Hartford, MI Hastings, MI Hickory Corners, MI Jones, MI Kendall, MI Lacota, MI Lawrence, MI Lawton, MI Leonidas, MI South Haven, MI Sturgis, MI Tekonsha, MI Three Rivers, MI Union City, MI Vandalia, MI Vermontville, MI Vicksburg, MI Watervliet, MI White Pigeon, MI Baroda, MI Berrien Center, MI Berrien Springs, MI Bridgman, MI Buchanan, MI Eau Claire, MI Edwardsburg, MI Galien, MI Harbert, MI Lakeside, MI New Buffalo, MI New Troy, MI Niles, MI Sawyer, MI Sodus, MI Stevensville, MI Three Oaks, MI Union Pier, MI Union, MI Jackson, MI Addison, MI Adrian, MI Albion, MI Allen, MI Blissfield, MI Britton, MI Brooklyn, MI Camden, MI Cement City, MI Clarklake, MI Clayton, MI Clinton, MI Concord, MI Deerfield, MI Frontier, MI Grass Lake, MI Hanover, MI Hillsdale, MI Homer, MI Horton, MI Hudson, MI Jasper, MI Jerome, MI Jonesville, MI Leslie, MI Litchfield, MI Manitou Beach, MI Michigan Center, MI Montgomery, MI Morenci, MI Moscow, MI Mosherville, MI Saint Clair, MI Saint Clair Shores, MI Warren, MI Munith, MI Napoleon, MI Washington, MI Ray, MI Yale, MI Allen Park, MI Ann Arbor, MI Azalia, MI Belleville, MI Brighton, MI Bridgewater, MI Carleton, MI Chelsea, MI Dearborn, MI Melvindale, MI Dearborn Heights, MI Dexter, MI Dundee, MI Erie, MI Flat Rock, MI Garden City, MI Gregory, MI Grosse Ile, MI Hamburg, MI Ida, MI Inkster, MI Lakeland, MI Lambertville, MI La Salle, MI Lincoln Park, MI Livonia, MI Luna Pier, MI Manchester, MI Maybee, MI Milan, MI Monroe, MI New Boston, MI New Hudson, MI Newport, MI Northville, MI Pinckney, MI Plymouth, MI Rockwood, MI Romulus, MI Salem, MI Saline, MI Samaria, MI South Lyon, MI South Rockwood, MI Taylor, MI Temperance, MI Trenton, MI Wayne, MI Westland, MI Canton, MI Whitmore Lake, MI Whittaker, MI Willis, MI Wyandotte, MI Riverview, MI Lake Linden, MI Southgate, MI Ypsilanti, MI Detroit, MI Highland Park, MI Marcellus, MI Shaftsburg, MI Davisburg, MI Hamtramck, MI River Rouge, MI Ferndale, MI Harper Woods, MI Ecorse, MI Grosse Pointe, MI Oak Park, MI Redford, MI Bloomfield Hills, MI Rochester, MI Sterling Heights, MI Utica, MI Keego Harbor, MI Auburn Hills, MI West Bloomfield, MI Waterford, MI Drayton Plains, MI Farmington, MI Pontiac, MI Clarkston, MI Lanse, MI Marenisco, MI Mass City, MI Mohawk, MI Nisula, MI Ontonagon, MI Painesdale, MI Pelkie, MI Ramsay, MI Rockland, MI Sidnaw, MI Skanee, MI South Range, MI Stambaugh, MI Toivola, MI Trout Creek, MI Wakefield, MI Watersmeet, MI Watton, MI White Pine, MI Algonac, MI Allenton, MI Almont, MI Anchorville, MI Armada, MI Avoca, MI Troy, MI Birmingham, MI Capac, MI Center Line, MI Clawson, MI Eastpointe, MI Emmett, MI Fair Haven, MI Franklin, MI Fraser, MI Goodells, MI Harsens Island, MI Hazel Park, MI Jeddo, MI Southfield, MI Clinton Township, MI Marine City, MI Marysville, MI Memphis, MI Macomb, MI Mount Clemens, MI Harrison Township, MI New Baltimore, MI New Haven, MI North Street, MI East China, MI Fort Gratiot, MI Port Huron, MI Richmond, MI Columbus, MI Casco, MI Romeo, MI Roseville, MI Royal Oak, MI Pleasant Ridge, MI Huntington Woods, MI Madison Heights, MI Saginaw, MI Alger, MI Auburn, MI Beaverton, MI Bentley, MI Brant, MI Breckenridge, MI Chesaning, MI Clare, MI Coleman, MI Comins, MI Edenville, MI Fairview, MI Farwell, MI Freeland, MI Gladwin, MI Harrison, MI Hemlock, MI Higgins Lake, MI Hope, MI Houghton Lake, MI Houghton Lake Heights, MI Kawkawlin, MI Lake, MI Lake George, MI Linwood, MI Lupton, MI Luzerne, MI Merrill, MI Midland, MI North Adams, MI Marne, MI Mears, MI Montague, MI Muskegon, MI New Era, MI Nunica, MI Pentwater, MI Pullman, MI Ravenna, MI Rothbury, MI Saugatuck, MI Scottville, MI Shelby, MI Spring Lake, MI Twin Lake, MI Walhalla, MI Walkerville, MI West Olive, MI Whitehall, MI Sylvan Beach, MI Zeeland, MI Grand Rapids, MI Wyoming, MI Saranac, MI Mio, MI Oakley, MI Pinconning, MI Prudenville, MI Rhodes, MI Roscommon, MI Rose City, MI Saint Charles, MI Saint Helen, MI Sanford, MI Standish, MI Sterling, MI West Branch, MI Wheeler, MI Akron, MI Au Gres, MI Barton City, MI Bay City, MI University Center, MI Bay Port, MI Black River, MI Bridgeport, MI Caro, MI Carrollton, MI Caseville, MI Cass City, MI Clifford, MI Curran, MI Deford, MI East Tawas, MI Elkton, MI Essexville, MI Fairgrove, MI Frankenmuth, MI Gagetown, MI Gilford, MI Glennie, MI Greenbush, MI Hale, MI Harrisville, MI Kingston, MI Lincoln, MI Long Lake, MI Mayville, MI Berkley, MI Smiths Creek, MI Cadillac, MI Acme, MI Alba, MI Alden, MI Arcadia, MI Bear Lake, MI Bellaire, MI Benzonia, MI Beulah, MI Boon, MI Brethren, MI Buckley, MI Cedar, MI Central Lake, MI Chase, MI Copemish, MI Eastlake, MI Eastport, MI Elberta, MI Elk Rapids, MI Empire, MI Evart, MI Falmouth, MI Fife Lake, MI Filer City, MI Frankfort, MI Glen Arbor, MI Grawn, MI Harrietta, MI Hersey, MI Honor, MI Idlewild, MI Interlochen, MI Irons, MI Kaleva, MI Kalkaska, MI Kewadin, MI Kingsley, MI Lake Ann, MI Lake City, MI Lake Leelanau, MI Leland, MI Leroy, MI Luther, MI Trout Lake, MI Vanderbilt, MI Walloon Lake, MI Waters, MI Wolverine, MI Iron Mountain, MI Kingsford, MI Allouez, MI Au Train, MI Bark River, MI Big Bay, MI Carney, MI Champion, MI Channing, MI Chatham, MI Cooks, MI Cornell, MI Arnold, MI Curtis, MI Daggett, MI Deerton, MI Eben Junction, MI Rumely, MI Engadine, MI Escanaba, MI Felch, MI Little Lake, MI Foster City, MI Garden, MI Germfask, MI Gladstone, MI Gould City, MI Grand Marais, MI Gulliver, MI Gwinn, MI Harris, MI Hermansville, MI Ingalls, MI Ishpeming, MI Loretto, MI Mc Millan, MI Manistique, MI Marquette, MI Menominee, MI Michigamme, MI Munising, MI Nadeau, MI Nahma, MI National Mine, MI Negaunee, MI Newberry, MI Norway, MI Palmer, MI Perkins, MI Perronville, MI Powers, MI Quinnesec, MI Ralph, MI Rapid River, MI Republic, MI Rock, MI Sagola, MI Seney, MI Shingleton, MI Skandia, MI Spalding, MI Stephenson, MI Trenary, MI Vulcan, MI Wallace, MI Wells, MI Wetmore, MI Wilson, MI Ahmeek, MI Alpha, MI Amasa, MI Atlantic Mine, MI Baraga, MI Bergland, MI Bessemer, MI Bruce Crossing, MI Calumet, MI Caspian, MI Chassell, MI Copper City, MI Copper Harbor, MI Covington, MI Crystal Falls, MI Dodgeville, MI Dollar Bay, MI Ewen, MI Gaastra, MI Greenland, MI Hancock, MI Houghton, MI Hubbell, MI Iron River, MI Ironwood, MI Kearsarge, MI Norvell, MI Onondaga, MI Onsted, MI Osseo, MI Ottawa Lake, MI Palmyra, MI Parma, MI Petersburg, MI Pittsford, MI Pleasant Lake, MI Reading, MI Riga, MI Rives Junction, MI Sand Creek, MI Somerset, MI Somerset Center, MI Spring Arbor, MI Springport, MI Stockbridge, MI Tecumseh, MI Tipton, MI Waldron, MI Weston, MI Ada, MI Alto, MI Bailey, MI Baldwin, MI Barryton, MI Belmont, MI Big Rapids, MI Bitely, MI Blanchard, MI Bradley, MI Brohman, MI Burnips, MI Byron Center, MI Caledonia, MI Cannonsburg, MI Casnovia, MI Cedar Springs, MI Chippewa Lake, MI Mancelona, MI Manistee, MI Manton, MI Maple City, MI Marion, MI Mayfield, MI Merritt, MI Mesick, MI Northport, MI Old Mission, MI Omena, MI Onekama, MI Rapid City, MI Reed City, MI Sears, MI South Boardman, MI Suttons Bay, MI Thompsonville, MI Traverse City, MI Tustin, MI Wellston, MI Williamsburg, MI Mackinaw City, MI Afton, MI Alanson, MI Alpena, MI Atlanta, MI Barbeau, MI Bay Shore, MI Boyne City, MI Boyne Falls, MI Brimley, MI Brutus, MI Burt Lake, MI Carp Lake, MI Cedarville, MI Charlevoix, MI Cheboygan, MI Conway, MI Cross Village, MI Dafter, MI De Tour Village, MI Drummond Island, MI East Jordan, MI Eckerman, MI Ellsworth, MI Elmira, MI Frederic, MI Gaylord, MI Goetzville, MI Good Hart, MI Grayling, MI Harbor Springs, MI Hawks, MI Herron, MI Hessel, MI Hillman, MI Hubbard Lake, MI Hulbert, MI Indian River, MI Johannesburg, MI Tower, MI Comstock Park, MI Kinross, MI Lachine, MI Levering, MI Lewiston, MI Mackinac Island, MI Millersburg, MI Moran, MI Mullett Lake, MI Naubinway, MI Oden, MI Onaway, MI Ossineke, MI Paradise, MI Pellston, MI Petoskey, MI Pickford, MI Pointe Aux Pins, MI Posen, MI Presque Isle, MI Rogers City, MI Rudyard, MI Saint Ignace, MI Beaver Island, MI Sault Sainte Marie, MI Kincheloe, MI Topinabee, MI Macatawa, MI Coral, MI Dorr, MI Freeport, MI Gowen, MI Grant, MI Hopkins, MI Howard City, MI Kent City, MI Lowell, MI Mecosta, MI Middleville, MI Moline, MI Morley, MI Newaygo, MI Paris, MI Pierson, MI Remus, MI Rockford, MI Rodney, MI Sand Lake, MI Shelbyville, MI Sparta, MI Stanwood, MI Trufant, MI Wayland, MI White Cloud, MI Allendale, MI Branch, MI Conklin, MI Coopersville, MI Custer, MI Douglas, MI Fennville, MI Ferrysburg, MI Fountain, MI Free Soil, MI Fremont, MI Fruitport, MI Glenn, MI Grand Haven, MI Grandville, MI Hamilton, MI Hart, MI Hesperia, MI Holland, MI Holton, MI Hudsonville, MI Jamestown, MI Jenison, MI Lamont, MI Ludington, MI Mc Bain, MI Hartland, MI Highland, MI Lake Orion, MI Oakland, MI Lakeville, MI Leonard, MI Oxford, MI Novi, MI Milford, MI Commerce Township, MI White Lake, MI Union Lake, MI Walled Lake, MI Wixom, MI Applegate, MI Argyle, MI Atlas, MI Attica, MI Bad Axe, MI Bancroft, MI Birch Run, MI Brown City, MI Burt, MI Byron, MI Carsonville, MI Clio, MI Columbiaville, MI Croswell, MI Millington, MI Munger, MI National City, MI Omer, MI Oscoda, MI Owendale, MI Pigeon, MI Prescott, MI Reese, MI Richville, MI Sebewaing, MI Silverwood, MI South Branch, MI Spruce, MI Tawas City, MI Turner, MI Twining, MI Unionville, MI Vassar, MI Whittemore, MI Alma, MI Mount Pleasant, MI Okemos, MI Ashley, MI Bannister, MI Bath, MI Belding, MI Carson City, MI Cedar Lake, MI Charlotte, MI Clarksville, MI Cohoctah, MI Corunna, MI Crystal, MI Dansville, MI Dewitt, MI Dimondale, MI Eagle, MI East Lansing, MI Eaton Rapids, MI Edmore, MI Elm Hall, MI Elsie, MI Elwell, MI Eureka, MI Fenwick, MI Fowler, MI Fowlerville, MI Grand Ledge, MI Greenville, MI
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Commercial Loan Workout Officer III Commercial Loan Review Officer III Commercial Real Estate Loan Officer III Commercial Loan Officer V Commercial Loan Officer I Commercial Loan Officer II Commercial Loan Officer IV Commercial Loan Workout Officer I Commercial Loan Workout Officer II
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Banking Financial Services
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How much does a Commercial Loan Officer III make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Commercial Loan Officer III salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Commercial Loan Officer III hourly pay, weekly pay, monthly pay and so on.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2025
$103,341
Average $114,045/year
$126,777
$8,612
Average $9,504/month
$10,565
$1,987
Average $2,193/week
$2,438
$50
Average $55/hour
$61
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $126,777 $10,565 $2,438 $61
Average $114,045 $9,504 $2,193 $55
25th Percentile $103,341 $8,612 $1,987 $50

How does experience level affect a Commercial Loan Officer III's Salary?

An entry-level Commercial Loan Officer III with under 1 year experience makes about $109,252. With less than 2 years of experience, a mid-level Commercial Loan Officer III makes around $110,051. After 2-4 years, the Commercial Loan Officer III pay rises to about $111,648. Those senior Commercial Loan Officer III with 5-8 years of experience earn roughly $117,846, and those Commercial Loan Officer III having 8 years or more experience are expected to earn about $121,266 on average.

Levels Salary
Entry Level Commercial Loan Officer III $109,252
Intermediate Level Commercial Loan Officer III $110,051
Senior Level Commercial Loan Officer III $111,648
Specialist Level Commercial Loan Officer III $117,846
Expert Level Commercial Loan Officer III $121,266
$109,252 0 yr
$110,051 < 2 yrs
$111,648 2-4 yrs
$117,846 5-8 yrs
$121,266 > 8 yrs
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