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What is the highest and lowest pay for Commercial Loan Officer IV?

As of December 01, 2024, the average annual pay of Commercial Loan Officer IV in Windham, ME is $138,639. While Salary.com is seeing that the highest pay for Commercial Loan Officer IV in Windham, ME can go up to $173,411 and the lowest down to $101,375, but most earn between $119,133 and $156,840. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Officer IV in the United States.

Commercial Loan Officer IV Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $158,745 $13,229 $3,053 $76
Average $140,323 $11,694 $2,699 $67
25th Percentile $120,580 $10,048 $2,319 $58

Average Salary

25% $119,133 10% $101,375 90% $173,411 75% $156,840 $138,639 50%(Median) Didn’t find job title? Click
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Salary.com provides you with accurate and diversified Commercial Loan Officer IV 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 IV hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Commercial Loan Officer IV $127,862
Intermediate Level Commercial Loan Officer IV $129,311
Senior Level Commercial Loan Officer IV $130,759
Specialist Level Commercial Loan Officer IV $135,974
Expert Level Commercial Loan Officer IV $145,305
$127,862 0 yr
$129,311 < 2 yrs
$130,759 2-4 yrs
$135,974 5-8 yrs
$145,305 > 8 yrs
Last Updated on December 01, 2024
Entry Level 9%
Mid Level 8%
Senior Level 7%
Top Level 3%
Experienced 4%
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Last Updated on December 01, 2024

Job Openings of Commercial Loan Officer IV

Salary.com job board provides millions of Commercial Loan Officer IV information for you to search for. Click on search button below to see Commercial Loan Officer IV job openings or enter a new job title here.

Cost of Living In Windham, ME

Cost of Living in Windham , ME is
19.7% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Commercial Loan Officer IV

What skills does a Commercial Loan Officer IV need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Financial Analysis: Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.

3.

Banking Products: Banking Products is the provision of services by a bank to the general public rather than to companies or other banks. Banking proucts is different from wholesale banking in this manner.

Analysis 7.61%
Financial Analysis 1.78%
Banking Products 1.1%
Others 89.51%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Loan Officer IV higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Banking Products, you can get a 25% salary raise. If you are good at Loan Origination, your salary will increase by 20%. If you are expert in Leadership, your salary will rise by 15%.
Skill Salary Demand
Banking Products
$173,299
25%
Loan Origination
$166,367
20%
Leadership
$159,435
15%
Client Relationship
$158,048
14%
Communication Skills
$158,048
14%
Economics
$155,276
12%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Commercial Loan Officer IV is $138,639 per year in Windham, ME, updated at December 01, 2024.
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