Commercial Loan Officer III Salary in Minneapolis, Minnesota

Commercial Loan Officer III Salary in Minneapolis, MN

How much does a Commercial Loan Officer III make in Minneapolis, MN? The average Commercial Loan Officer III salary in Minneapolis, MN is $131,936 as of March 29, 2021, but the range typically falls between $116,977 and $144,994. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Salary Salary + Bonus Benefits
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25% $116,977 10% $103,359 90% $156,884 75% $144,994 $131,936 50%(Median)

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Check out Commercial Loan Officer jobs in Minneapolis, Minnesota

Mortgage Loan Officer

MI Homes - Minneapolis, MN

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Sr Loan Assistant - MLO

TCF Bank - Minneapolis, MN

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Commercial Lender

Timothy Jon & Associates - Minneapolis, MN

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Commercial Credit Officer

Bank of America Corporation - Minneapolis, MN

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Job Description for Commercial Loan Officer III

Commercial Loan Officer III solicits and services a variety of moderate to large size commercial loans. Interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Being a Commercial Loan Officer III approves or denies loan within established limits, or refers loan to loan committee for approval. Requires a bachelor's degree. Additionally, Commercial Loan Officer III typically reports to a manager or head of a unit/department. The Commercial Loan Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Commercial Loan Officer III typically requires 4 to 7 years of related experience. (Copyright 2021 Salary.com)... View full job description

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Job Openings for Commercial Loan Officer III in Minneapolis, MN
Those that have already made the climb...
John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PayPal Holdings, Inc.
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2019
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Commercial Loan Officer III Pay Difference by Location

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
116977
144994
131936

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
130192
171185
149228
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Officer III in Minneapolis, MN. The base salary for Commercial Loan Officer III ranges from $116,977 to $144,994 with the average base salary of $131,936. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $130,192 to $171,185 with the average total cash compensation of $149,228.
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116977
144994

 

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About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Minneapolis, Minnesota

Commercial Loan Officer III Salary in popular cities: Saint Paul, Rochester, Duluth

Skills associated with Commercial Loan Officer III: Loan Origination, Commercial Customer Development, Lending Regulatory Compliance, Loan Software ...More

Salary estimation for Commercial Loan Officer III at companies like : PayPal Holdings, Inc., RE/MAX Holdings, Inc., Square, Inc.

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