As of March 01, 2025, the average annual salary for a Commercial Real Estate Loan Officer III in the United States is $152,759. According to Salary.com, salaries can range from a low of $107,916 to a high of $195,001, with most professionals earning between $129,286 and $174,870.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $174,870 | $14,573 | $3,363 | $84 |
| Average | $152,759 | $12,730 | $2,938 | $73 |
| 25th Percentile | $129,286 | $10,774 | $2,486 | $62 |
An entry-level Commercial Real Estate Loan Officer III with less than 1 year of experience earns about $140,499. With 1-2 years of experience, the average salary increases to $142,228. For 2-4 years of experience, the pay typically rises to $145,688. Senior-level professionals with 5-8 years of experience earn around $150,878, and those with over 8 years of experience can expect an average of $159,026.
| Levels | Salary |
|---|---|
| Entry Level Commercial Real Estate Loan Officer III | $140,499 |
| Intermediate Level Commercial Real Estate Loan Officer III | $142,228 |
| Senior Level Commercial Real Estate Loan Officer III | $145,688 |
| Specialist Level Commercial Real Estate Loan Officer III | $150,878 |
| Expert Level Commercial Real Estate Loan Officer III | $159,026 |
| Entry Level | 8% |
| Mid Level | 7% |
| Senior Level | 5% |
| Top Level | 1% |
| Experienced | 4% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Commercial Real Estate Loan Officer III compensation over the past six years. For example, the median salary increased from $95,891 in 2023 to approximately $94,469 in 2024. (For a detailed analysis of Commercial Real Estate Loan Officer III salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Commercial Real Estate Loan Officer III information for you to search for. Click on search button below to see Commercial Real Estate Loan Officer III job openings or enter a new job title here.
Here are companies hiring for Commercial Real Estate Loan Officer III and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $152,759 | 63.6% | ||
| Bonus | $26,393 | 11.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $13,051 | 5.4% | ||
| 401K/403B | $8,420 | 3.5% | ||
| Disability | $1,433 | 0.6% | ||
| Healthcare | $6,056 | 2.5% | ||
| Pension | $9,853 | 4.1% | ||
| Time Off | $22,049 | 9.2% | ||
| Total Compensation | $240,015 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.3% |
| High School | 3.8% |
| Bachelors | 52.6% |
| Masters | 41.0% |
| Doctorate | 1.3% |
What Am I Worth?
The average annual salary of Commercial Real Estate Loan Officer III is $152,759. In case you are finding an easy salary calculator, the average hourly pay of Commercial Real Estate Loan Officer III is $73; the average weekly pay of Commercial Real Estate Loan Officer III is $2,938; the average monthly pay of Commercial Real Estate Loan Officer III is $12,730.
A Commercial Real Estate Loan Officer III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Commercial Real Estate Loan Officer III earns the most in San Jose, CA, where the annual salary of a Commercial Real Estate Loan Officer III is $191,712.
The highest pay for Commercial Real Estate Loan Officer III is $195,001.
The lowest pay for Commercial Real Estate Loan Officer III is $107,916.
Commercial Real Estate Loan Officer III solicits, structures, and services a variety of commercial real estate loans. Works mostly with moderately large and complex real estate loans including investments, development, and construction loans. Being a Commercial Real Estate Loan Officer III evaluates loan applicants and reviews appraisals, credit reports, and other information necessary to evaluate deals. Develops and maintains relationships and communication with current and potential borrowers. Additionally, Commercial Real Estate Loan Officer III coordinates with credit analysts to ensure the accuracy and completeness of loan analysis and documentation. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Commercial Real Estate Loan Officer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Commercial Real Estate Loan Officer III typically requires 4 -7 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
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Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
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