As of April 01, 2025, the average annual salary for a Commercial Loan Officer V in Massachusetts is $173,919. According to Salary.com, salaries can range from a low of $144,950 to a high of $193,808, with most professionals earning between $158,756 and $184,330.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $184,330 | $15,361 | $3,545 | $89 |
| Average | $173,919 | $14,493 | $3,345 | $84 |
| 25th Percentile | $158,756 | $13,230 | $3,053 | $76 |
An entry-level Commercial Loan Officer V with under 1 year experience makes about $167,808. With less than 2 years of experience, a mid-level Commercial Loan Officer V makes around $168,940. After 2-4 years, the Commercial Loan Officer V pay rises to about $169,393. Those senior Commercial Loan Officer V with 5-8 years of experience earn roughly $171,656, and those Commercial Loan Officer V having 8 years or more experience are expected to earn about $173,466 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Officer V | $167,808 |
| Intermediate Level Commercial Loan Officer V | $168,940 |
| Senior Level Commercial Loan Officer V | $169,393 |
| Specialist Level Commercial Loan Officer V | $171,656 |
| Expert Level Commercial Loan Officer V | $173,466 |
| Entry Level | 5% |
| Mid Level | 6% |
| Senior Level | 6% |
| Top Level | 7% |
| Experienced | 9% |
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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 24.9% above. The lowest Commercial Loan Officer V salary is in Miami, FL, where the Commercial Loan Officer V salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $199,584 |
24.9%
|
| Washington, DC | $176,939 |
10.7%
|
| Miami, FL | $153,544 |
|
| Chicago, IL | $165,146 |
3.3%
|
| Boston, MA | $178,234 |
11.5%
|
| New York, NY | $185,201 |
15.9%
|
