How much does a Commercial Loan Officer III make in Phoenix, AZ? The average Commercial Loan Officer III salary in Phoenix, AZ is $122,332 as of March 29, 2021, but the range typically falls between $108,463 and $134,440. 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.
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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Fiscal Year Ended in 2019
What does a Commercial Loan Officer III do?
Commercial Loan Officer III in Afton, WY
Makes underwriting decisions within approval authority.
November 25, 2020
Maintains up-to-date client files including current balance sheets, profit & loss statements, cash flow projections and all loan documentation.
Phoenix is in the southwestern United States, in the south-central portion of Arizona; about halfway between Tucson to the southeast and Flagstaff to the north. By car, the city is approximately 150 miles (240 kilometers) north of the US-Mexico border at Sonoyta and 180 mi (290 km) north of the border at Nogales. The metropolitan area is known as the "Valley of the Sun" due to its location in the Salt River Valley. It lies at a mean elevation of 1,086 feet (331 m), in the northern reaches of the Sonoran Desert.
Other than the mountains in and around the city, the topography of Phoenix is gener...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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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 Phoenix, AZ. The base salary for Commercial Loan Officer III ranges from $108,463 to $134,440 with the average base salary of $122,332. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $120,715 to $158,724 with the average total cash compensation of $138,366.