Business Loan Officer Salaries in Little Rock, AR
How Much Does a Business Loan Officer Make in Little Rock, AR?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Business Loan Officer in Little Rock, AR is $86,751.
While Salary.com is seeing that Business Loan Officer salary in Little Rock, AR can go up to $112,491
or down to $59,278, but most earn between $72,370 and $100,224.
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 |
|---|---|---|
|
First State Bank
Loan Officer II
|
$74,560/yr
|
RANGE: $62,911 - $86,209
|
|
Neighbors Bank
Loan Officer - Remote Sales
|
$88,744/yr
|
RANGE: $70,782 - $106,705
|
|
Flat Branch Home Loans Inc
Loan Officer Assistant
|
$75,129/yr
|
RANGE: $63,199 - $87,060
|
|
First Western
Commercial Loan Officer - Fort Smith
|
$109,004/yr
|
RANGE: $89,161 - $128,847
|
|
Guthrie FCU
Business Loan Officer
|
$103,942/yr
|
RANGE: $82,163 - $125,722
|
|
Bank Forward
Commercial Loan Officer / Business Development
|
$115,334/yr
|
RANGE: $94,133 - $136,535
|
|
RBC Capital Markets, LLC
Business Control Officer 1LoD - Loan Operations
|
$69,981/yr
|
RANGE: $57,336 - $82,625
|
|
RBC
Business Control Officer 1LoD – Loan Operations
|
$69,981/yr
|
RANGE: $57,336 - $82,625
|
|
FARMERS AND MERCHANTS BANK and The Bank of...
Loan Assistant
|
$53,271/yr
|
RANGE: $45,155 - $61,387
|
|
Anstaff Bank
Loan specialist
|
$58,962/yr
|
RANGE: $50,363 - $67,560
|
What Does a Business Loan Officer Do?
If the loan is approved, the loan officer is responsible for preparing the appropriate documentation and the loan closing documents.
Updated September 27, 2021
Commercial loan officers must carefully examine loan applications and verify financial information provided on the application to determine whether the business applying for the loan is capable of meeting monthly loan payments on time.
Updated September 24, 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
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Explore JobArchitectFrequently Asked Questions About a Business Loan Officer Salaries
What is the average of a Business Loan Officer in Little Rock, AR?
The Business Loan Officer salary range is from $72,370 to $100,224, and the average Business Loan Officer salary is $86,751/year in Little Rock, AR.
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 $118,468
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.
