As of April 01, 2025, the average annual salary for a Commercial Loan Officer V in Provo, UT is $148,861. According to Salary.com, salaries can range from a low of $124,066 to a high of $165,885, with most professionals earning between $135,883 and $157,772.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $169,374 | $14,115 | $3,257 | $81 |
| Average | $159,808 | $13,317 | $3,073 | $77 |
| 25th Percentile | $145,875 | $12,156 | $2,805 | $70 |
An entry-level Commercial Loan Officer V with under 1 year experience makes about $143,631. With less than 2 years of experience, a mid-level Commercial Loan Officer V makes around $144,600. After 2-4 years, the Commercial Loan Officer V pay rises to about $144,987. Those senior Commercial Loan Officer V with 5-8 years of experience earn roughly $146,924, and those Commercial Loan Officer V having 8 years or more experience are expected to earn about $148,474 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Officer V | $143,631 |
| Intermediate Level Commercial Loan Officer V | $144,600 |
| Senior Level Commercial Loan Officer V | $144,987 |
| Specialist Level Commercial Loan Officer V | $146,924 |
| Expert Level Commercial Loan Officer V | $148,474 |
| Entry Level | 10% |
| Mid Level | 10% |
| Senior Level | 9% |
| Top Level | 8% |
| Experienced | 7% |
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