Hourly Wage for Commercial Loan Officer V Salary in the United States

Hourly Wage for Commercial Loan Officer V Salary

How much does a Commercial Loan Officer V make hourly in the United States? The average hourly wage for a Commercial Loan Officer V in the United States is $80 as of April 24, 2024, but the range typically falls between $66 and $92. Hourly rate 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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Commercial Loan Officer V Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Commercial Loan Officer V Salary $54 US April 24, 2024
25th Percentile Commercial Loan Officer V Salary $66 US April 24, 2024
50th Percentile Commercial Loan Officer V Salary $80 US April 24, 2024
75th Percentile Commercial Loan Officer V Salary $92 US April 24, 2024
90th Percentile Commercial Loan Officer V Salary $104 US April 24, 2024
25% $66 10% $54 90% $104 75% $92 $80 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Officer Job Openings in Columbus, Ohio

Loan Officer

M/I Homes, Inc. - Columbus, OH

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Senior Loan Officer

Synergy One Lending, Inc. NMLS #1907235 - Chagrin Falls, OH

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Loan Officer

quickrecruit - Columbus, OH

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LOAN OFFICER

American Pacific Mortgage - Berea, OH

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Job Description for Commercial Loan Officer V

Commercial Loan Officer V solicits and services a variety of large and complex commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer V approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer V adheres to all regulatory requirements and internal risk and operating policies and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Commercial Loan Officer V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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

Job Openings for Commercial Loan Officer V
  • Members First Credit Union - Midland, MI
    Do you thrive in helping members with their home buying journey. Members First Credit Union is looking for an experienced mortgage lender to join our team ...
    - 11 Days Ago
  • New England Federal Credit Union - Montpelier, VT
    We’re currently seeking a Mortgage Loan Officer to join our Mortgage team. This team member is r esponsible for originating quality first mortgage loans wh...
    - 2 Days Ago
  • The Travelers Companies, Inc. - Walnut Creek, CA
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 24 Days Ago
  • The Travelers Companies, Inc. - Alpharetta, GA
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 19 Days Ago
  • Disability Solutions - Bluffton, IN
    Farm Credit Mid-America is a financial services cooperative serving financial needs of farmers and rural residents in Arkansas, Indiana, Kentucky, Missouri...
    - 4 Days Ago

Career Path for Commercial Loan Officer V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Loan Officer V, the upper level is Commercial Loan Manager and then progresses to Commercial Loan Senior Manager.

Commercial Loan Officer V
Commercial Loan Manager
Commercial Loan Senior Manager
Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
ADVANCED OXYGEN TECHNOLOGY
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Commercial Loan Officer V Pay Difference by Location

Commercial Loan Officer V salary varies from city to city. Compared with national average salary of Commercial Loan Officer V, the highest Commercial Loan Officer V salary is in San Francisco, CA, where the Commercial Loan Officer V salary is 25.0% above. The lowest Commercial Loan Officer V salary is in Miami, FL, where the Commercial Loan Officer V salary is 3.5% lower than national average salary.

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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total hourly compensation opportunity for a Commercial Loan Officer V, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
66
92
80

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
72
104
87
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Commercial Loan Officer V in the United States. The average hourly rate for Commercial Loan Officer V ranges from $66 to $92 with the average hourly pay of $80. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $72 to $104 with the average total hourly cash compensation of $87.
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66
92

 

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Skills associated with Commercial Loan Officer V: Lending Regulatory Compliance, Risk Analysis, Loan Origination, Commercial Customer Development ...More

Jobs with a similar salary range to Commercial Loan Officer V : Commercial Advisor

Commercial Loan Officer V Salary in United States
Commercial Loan Officer V Salary Graph, Regional Distribution and Summary