How Much Does a Business Loan Officer Make in Vermont?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Loan Officer in Vermont is $93,493. While Salary.com is seeing that Business Loan Officer salary in VT can go up to $121,202 or down to $63,896, but most earn between $78,001 and $107,997. 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
$65,676
Vermont
Per Year
SBA Loan Officer
$103,819
Vermont
Per Year
Commercial Loan Officer V
$167,432
Vermont
Per Year
Loan Officer I
$51,680
Vermont
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
EastRise Credit Union
Business Loan Assistant
$57,534/yr
$50,023
$65,045
RANGE: $50,023 - $65,045
Industrial and Commerce Bank Of China USA NA
Loan Officer / Business Officer
$147,878/yr
$120,986
$174,770
RANGE: $120,986 - $174,770
Nebraska Enterprise Fund
Loan Officer / Business Mentor
$99,942/yr
$79,845
$120,039
RANGE: $79,845 - $120,039
Oxford Bank
Business Banking Loan Officer
$100,992/yr
$81,750
$120,234
RANGE: $81,750 - $120,234
Azura Credit Union
Business Loan Officer
$96,261/yr
$76,904
$115,618
RANGE: $76,904 - $115,618
Merck Sharp & Dohme FCU
Business Loan Officer
$188,414/yr
$155,955
$220,873
RANGE: $155,955 - $220,873
Prudential Financial
Chief Growth Officer - Business Development
$269,458/yr
$205,900
$333,016
RANGE: $205,900 - $333,016
Gesa Credit Union
Home Loan Officer - Business Development
$99,266/yr
$77,595
$120,938
RANGE: $77,595 - $120,938

Open Business Loan Officer Jobs in Vermont

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

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 Vermont. 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 Vermont. Bennington takes first place in this list, followed by Burlington, South Burlington. The Business Loan Officer salary is $96,455 in Bennington, which is higher than the national average. There are 10 cities' Business Loan Officer salary higher than national average in Vermont.
The average salary for a Business Loan Officer in Vermont is $93,493, but we found that the city with the highest salary for Business Loan Officer jobs is Bennington, VT, and it is higher than Burlington. Business Loan Officer jobs in Bennington can have the opportunity to earn higher salaries than in other cities in Vermont.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Bennington $96,455 $8,038 $1,855 $46
Burlington $96,217 $8,018 $1,850 $46
South Burlington $96,217 $8,018 $1,850 $46
Colchester $96,217 $8,018 $1,850 $46
Essex Junction $96,217 $8,018 $1,850 $46
Williston $96,217 $8,018 $1,850 $46
Essex $96,217 $8,018 $1,850 $46
Rutland $95,760 $7,980 $1,842 $46
Barre $95,360 $7,947 $1,834 $46
Montpelier $95,360 $7,947 $1,834 $46

What Does a Business Loan Officer Do?

– 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
A first-class commercial loan officer will be someone who can combine sound judgment with professional expertise in processing commercial loan applications.
Updated December 10, 2021

Frequently Asked Questions About a Business Loan Officer Salaries

What is the average of a Business Loan Officer in Vermont?

The Business Loan Officer salary range is from $78,001 to $107,997, and the average Business Loan Officer salary is $93,493/year in Vermont. 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 $120,145 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.