How Much Does a Corporate Loan Officer Make in Norfolk, VA?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Corporate Loan Officer in Norfolk, VA is $53,026. While Salary.com is seeing that Corporate Loan Officer salary in Norfolk, VA can go up to $67,583 or down to $37,143, but most earn between $44,712 and $60,646. 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 Corporate Loan Officer
Loan Officer
$63,786
Norfolk, VA
Per Year
Consumer Loan Officer II
$51,705
Norfolk, VA
Per Year
Consumer Loan Officer III
$62,576
Norfolk, VA
Per Year
Consumer Loan Officer I
$48,294
Norfolk, VA
Per Year
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Similar Job Salaries to Corporate Loan Officer by Company

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Company average base salary in (usd) range
$102,073/yr
$80,811
$123,334
RANGE: $80,811 - $123,334
Farm Credit
Commercial Loan Group Loan Officer/Loan Officer Trainee
$79,542/yr
$65,843
$93,242
RANGE: $65,843 - $93,242
Securitas Group
Corporate Security Officer
$46,110/yr
$39,009
$53,211
RANGE: $39,009 - $53,211
Valley Lending
Loan Officer (200+BPS)
$88,988/yr
$70,932
$107,043
RANGE: $70,932 - $107,043
Valley Lending
Loan Officer (HIGH COMMISSION)
$108,719/yr
$86,660
$130,779
RANGE: $86,660 - $130,779
Old Dominion National Bank
CRA Mortgage Loan Officer
$88,988/yr
$70,932
$107,043
RANGE: $70,932 - $107,043
Colonial Farm Credit
Commercial loan officer
$119,908/yr
$98,835
$140,981
RANGE: $98,835 - $140,981

Open Corporate Loan Officer Jobs in Norfolk, VA

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What Does a Corporate Loan Officer Do?

Once a loan has been approved and money given to a commercial client, the loan officer is responsible for making sure that loan payments are made on time.
Updated December 18, 2021
However, most loan officers assist consumers and small business owners with a wide variety of secured and unsecured loans.
Updated December 17, 2021
Loan processors, like loan officers, work for banks, mortgage lenders, and other loan-related services.
Updated December 16, 2021
Commercial loan officers specialize in business loans, whereas mortgage loan officers may handle residential and commercial mortgage loans, depending on their specialization.
Updated December 14, 2021
The loan officer is responsible for collecting the appropriate closing documents for a mortgage or other loan.
Updated December 12, 2021

Frequently Asked Questions About a Corporate Loan Officer Salaries

What is the average of a Corporate Loan Officer in Norfolk, VA?

The Corporate Loan Officer salary range is from $44,712 to $60,646, and the average Corporate Loan Officer salary is $53,026/year in Norfolk, VA. The Corporate Loan Officer's salary will change in different locations.

Which location pays the highest Corporate Loan Officer salary in the United States?

The Corporate Loan Officer salary in San Jose, CA is $70,644 which is the highest in the US.

What kinds of reasons will influence the Corporate 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 Corporate Loan Officer.

What is the growth rate of the Corporate Loan Officer's salary?

If you are thinking of becoming a Corporate Loan Officer or planning the next step in your career, find the detailed salary report of a Corporate Loan Officer.