How Much Does a Business Loan Officer Make in Gary, IN?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Business Loan Officer in Gary, IN is $95,030. While Salary.com is seeing that Business Loan Officer salary in Gary, IN can go up to $123,231 or down to $64,942, but most earn between $79,281 and $109,791. 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
Small Business Loan Officer
$66,796
Gary, IN
Per Year
SBA Loan Officer
$105,699
Gary, IN
Per Year
Commercial Loan Officer V
$170,411
Gary, IN
Per Year
Loan Officer I
$52,490
Gary, IN
Per Year
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Similar Job Salaries to Business Loan Officer by Company

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Company average base salary in (usd) range
Jobot
Loan Officer
$95,776/yr
$76,345
$115,208
RANGE: $76,345 - $115,208
Caliver Beach Mortgage
Loan Officer
$93,316/yr
$74,384
$112,248
RANGE: $74,384 - $112,248
HOTEL SOLUTIONS
Loan Officer
$95,776/yr
$76,345
$115,208
RANGE: $76,345 - $115,208
centier
Mortgage Loan Officer
$52,375/yr
$44,791
$59,959
RANGE: $44,791 - $59,959
New American Funding
Sr. Loan Officer
$80,651/yr
$67,111
$94,191
RANGE: $67,111 - $94,191
Citizens Bank
Commercial Loan Officer
$116,846/yr
$95,618
$138,075
RANGE: $95,618 - $138,075
First Internet Bank
Loan Officer Assistant
$63,361/yr
$54,130
$72,593
RANGE: $54,130 - $72,593
KB Search Team
Commercial Loan Officer
$108,655/yr
$90,324
$126,986
RANGE: $90,324 - $126,986
First Savings Bank
Commercial Loan Officer
$115,041/yr
$94,141
$135,942
RANGE: $94,141 - $135,942

Open Business Loan Officer Jobs in Gary, IN

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What Does a Business Loan Officer Do?

– learn how to continue your education in the financial industry by finding training programs, materials, and information about how to advance your career as a commercial loan officer.
Updated September 26, 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 work in credit unions, commercial banks, mortgage companies, and financial institutions of all types.
Updated December 16, 2021
Commercial loan officers receive health insurance and other job perks, including profit-sharing and bonuses for completing successful loans.
Updated December 15, 2021
In fact, one reason why banks continue to have so many branch offices is that they need to bring loan officers face to face with potential borrowers.
Updated December 11, 2021

Frequently Asked Questions About a Business Loan Officer Salaries

What is the average of a Business Loan Officer in Gary, IN?

The Business Loan Officer salary range is from $79,281 to $109,791, and the average Business Loan Officer salary is $95,030/year in Gary, IN. 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 San Jose, CA is $119,382 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.