As of August 01, 2026, the average salary for a Commercial Loan Officer in the United States is $67,657 per year, which breaks down to an hourly rate of $33.
However, a Commercial Loan Officer's salary can vary significantly. Here’s a look at the typical salary range:
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A Commercial Loan Officer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Commercial Loan Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Commercia... Level Commercial Loan Officer | $67,186 |
| Commercia... Level Commercial Loan Officer | $99,384 |
| Commercia... Level Commercial Loan Officer | $118,537 |
| Commercia... Level Commercial Loan Officer | $132,786 |
| Commercia... Level Commercial Loan Officer | $166,514 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Commercial Loan Officers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.28% |
| Financial Statements | 2% |
| Bank Secrecy Act | 1.18% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Risk Management
|
$76,452 |
13%
|
|
Portfolio Management
|
$74,422 |
10%
|
|
Community Development
|
$74,422 |
10%
|
|
Client Relationship
|
$72,393 |
7%
|
|
Teamwork
|
$72,393 |
7%
|
|
Collaboration
|
$71,716 |
6%
|
For Commercial Loan Officer roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Business Services sectors offer the strongest compensation, at 40% above the average. In contrast, Commercial Loan Officer positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Commercial Loan Officer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $94,719 | $46.0 | 40% |
| Business Services | $81,188 | $39.0 | 20% |
Your level of education can impact your salary potential. While many Commercial Loan Officers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Commercial Loan Officer with a Bachelor's Degree is between $68,774 and $73,968).
Commercial Loan Officer Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.3% |
| High School | 4.2% |
| Associates | 6.3% |
| Bachelors | 66.5% |
| Masters | 22.0% |
| Doctorate | 0.8% |
Understanding how a Commercial Loan Officer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Salaries for a Commercial Loan Officer can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $63,783 in 2023 to around $62,295 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Commercial Loan Officer salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $63,783 |
| 2024 | $62,947 |
| 2025 | $62,295 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Financial Services industry offers the highest average compensation for Commercial Loan Officer roles, with salaries approximately 40% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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