Business Loan Officer Salaries in Akron, OH
How Much Does a Business Loan Officer Make in Akron, OH?
Updated May 01, 2025
As of May 01, 2025,
the average annual pay of Business Loan Officer in Akron, OH is $90,964.
While Salary.com is seeing that Business Loan Officer salary in Akron, OH can go up to $117,929
or down to $62,172, but most earn between $75,893 and $105,079.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Loan Officer
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Similar Job Salaries to Business Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Caliver Beach Mortgage, LLC
Loan Officer
|
$95,603/yr
|
RANGE: $76,206 - $114,999
|
|
Guardian Savings Bank
Loan Officer
|
$95,406/yr
|
RANGE: $76,049 - $114,763
|
|
Jobot
Loan Officer
|
$112,050/yr
|
RANGE: $92,141 - $131,960
|
|
Crown Home Mortgage - NMLS #176743
Loan Officer
|
$93,207/yr
|
RANGE: $74,296 - $112,118
|
|
New American Funding
Sr. Loan Officer
|
$80,473/yr
|
RANGE: $66,963 - $93,983
|
|
COPFCU
Consumer Loan Officer I
|
$68,120/yr
|
RANGE: $59,057 - $77,183
|
|
Mutual of Omaha Mortgage
Experienced Loan Officer
|
$105,126/yr
|
RANGE: $80,285 - $129,966
|
What Does a Business Loan Officer Do?
The loan officer then passes the application along to the institution’s underwriter, who assesses the creditworthiness of the potential borrower.
Updated December 07, 2021
Commercial loan officers work in credit unions, commercial banks, mortgage companies, and financial institutions of all types.
Updated December 16, 2021
To ensure success as a commercial loan officer, you should possess solid knowledge of regulations governing loan applications and experience in a similar role.
Updated November 03, 2021
– while commercial loan officers make their decisions based on what they see on paper, customer service is still a big part of the job because they often meet with applicants face to face.
Updated December 20, 2021
Commercial loan officers receive health insurance and other job perks, including profit-sharing and bonuses for completing successful loans.
Updated December 15, 2021
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Explore JobArchitectFrequently Asked Questions About a Business Loan Officer Salaries
What is the average of a Business Loan Officer in Akron, OH?
The Business Loan Officer salary range is from $75,893 to $105,079, and the average Business Loan Officer salary is $90,964/year in Akron, OH.
The Business Loan Officer's salary will change in different locations.
Which location pays the highest Business Loan Officer salary in the United States?
The Business Loan Officer salary in Santa Clara, CA is $120,455
which is the highest in the US.
What kinds of reasons will influence the Business Loan Officer's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Business Loan Officer.
What is the growth rate of the Business Loan Officer's salary?
If you are thinking of becoming a Business Loan Officer or planning the next step in your career, find the detailed salary report of a Business Loan Officer.
