How Much Does a Business Loan Officer Make in Oregon?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Business Loan Officer in Oregon is $96,647. While Salary.com is seeing that Business Loan Officer salary in OR can go up to $125,328 or down to $66,047, but most earn between $80,630 and $111,660. 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
$67,933
Oregon
Per Year
SBA Loan Officer
$102,318
Oregon
Per Year
Commercial Loan Officer V
$162,365
Oregon
Per Year
Loan Officer I
$53,440
Oregon
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
Ponce Bank
Loan Officer
$79,140/yr
$71,118
$87,163
RANGE: $71,118 - $87,163
Mission San Jose Mortgage
Oregon Mortgage Loan Officer
$76,763/yr
$68,981
$84,545
RANGE: $68,981 - $84,545
OnPoint Community Credit Union
Mortgage Loan Officer - Remote
$79,907/yr
$71,807
$88,008
RANGE: $71,807 - $88,008
Central Willamette Credit Union
COMMERCIAL LOAN OFFICER-Albany
$102,645/yr
$89,794
$115,495
RANGE: $89,794 - $115,495
The Lending Group
Junior Loan Officer
$75,848/yr
$67,685
$84,011
RANGE: $67,685 - $84,011
Willamette Valley Bank
Mortgage Loan Officer
$76,993/yr
$69,188
$84,798
RANGE: $69,188 - $84,798
PANORAMA MORTGAGE GROUP
Loan Officer - Outside
$76,993/yr
$69,188
$84,798
RANGE: $69,188 - $84,798
People's Bank of Commerce
Commercial Loan Officer II
$97,501/yr
$86,583
$108,419
RANGE: $86,583 - $108,419

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Top 10 Highest Paying Cities For Business Loan Officer Jobs in Oregon

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Loan Officer job salaries in Oregon. Some cities can pay higher salaries for Business Loan Officer jobs, which can indicate that there is a large demand for Business Loan Officer positions in this city.
The following table shows top 10 cities where the Business Loan Officer salary is higher than other cities in Oregon. Portland takes first place in this list, followed by Beaverton, Lake Oswego. The Business Loan Officer salary is $99,120 in Portland, which is higher than the national average. There are 9 cities' Business Loan Officer salary higher than national average in Oregon.
The average salary for a Business Loan Officer in Oregon is $96,647, but we found that the city with the highest salary for Business Loan Officer jobs is Portland, OR, and it is higher than Beaverton. Business Loan Officer jobs in Portland can have the opportunity to earn higher salaries than in other cities in Oregon.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Portland $99,120 $8,260 $1,906 $48
Beaverton $99,120 $8,260 $1,906 $48
Lake Oswego $99,120 $8,260 $1,906 $48
Gresham $98,930 $8,244 $1,903 $48
Clackamas $98,930 $8,244 $1,903 $48
Hillsboro $98,740 $8,228 $1,899 $47
Oregon City $98,740 $8,228 $1,899 $47
Salem $95,506 $7,959 $1,837 $46
Eugene $95,220 $7,935 $1,831 $46
Springfield $94,935 $7,911 $1,826 $46

What Does a Business Loan Officer Do?

The loan officer is responsible for the initial screening process and is unlikely to proceed with an application from someone who does not meet the lender's qualifications.
Updated November 12, 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 Oregon?

The Business Loan Officer salary range is from $80,630 to $111,660, and the average Business Loan Officer salary is $96,647/year in Oregon. 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.