How much does a Commercial Real Estate Loan Officer II make at companies like MANHATTAN BRIDGE CAPITAL INC in the United States? The average salary for Commercial Real Estate Loan Officer II at companies like MANHATTAN BRIDGE CAPITAL INC in the United States is $116,851 as of March 26, 2024, but the range typically falls between $98,049 and $140,744. Salary ranges 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. View the Cost of Living in Major Cities
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Commercial Real Estate Loan Officer II 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 II 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 II 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 II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Commercial Real Estate Loan Officer II typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
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