How Much Does a Corporate Loan Officer Make in Pennsylvania?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Corporate Loan Officer in Pennsylvania is $56,178. While Salary.com is seeing that Corporate Loan Officer salary in PA can go up to $71,601 or down to $39,351, but most earn between $47,370 and $64,251. 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
$67,578
Pennsylvania
Per Year
Consumer Loan Officer II
$54,778
Pennsylvania
Per Year
Consumer Loan Officer III
$66,296
Pennsylvania
Per Year
Consumer Loan Officer I
$51,165
Pennsylvania
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
$103,152/yr
$82,222
$124,081
RANGE: $82,222 - $124,081
$100,589/yr
$79,637
$121,542
RANGE: $79,637 - $121,542
Happie Hire
Loan Officer
$65,445/yr
$55,340
$75,550
RANGE: $55,340 - $75,550
WSFS Bank
Mortgage Loan Officer
$98,154/yr
$77,542
$118,765
RANGE: $77,542 - $118,765
PHDC
Affordable Housing Loan Officer
$98,154/yr
$77,542
$118,765
RANGE: $77,542 - $118,765
Mortgage Calculator Company LLC
Junior Loan Officer
$92,748/yr
$74,357
$111,140
RANGE: $74,357 - $111,140
Milton Savings Bank
Commercial Loan Officer
$121,116/yr
$99,068
$143,163
RANGE: $99,068 - $143,163
Guthrie FCU
Business Loan Officer
$103,942/yr
$82,163
$125,722
RANGE: $82,163 - $125,722
Wayne Bank
Commercial Loan Officer
$146,993/yr
$119,903
$174,083
RANGE: $119,903 - $174,083
New American Funding
Sr. Loan Officer
$82,147/yr
$68,355
$95,940
RANGE: $68,355 - $95,940

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Top 10 Highest Paying Cities For Corporate Loan Officer Jobs in Pennsylvania

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Corporate 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 Corporate Loan Officer job salaries in Pennsylvania. Some cities can pay higher salaries for Corporate Loan Officer jobs, which can indicate that there is a large demand for Corporate Loan Officer positions in this city.
The following table shows top 10 cities where the Corporate Loan Officer salary is higher than other cities in Pennsylvania. Doylestown takes first place in this list, followed by Philadelphia, West Chester. The Corporate Loan Officer salary is $60,906 in Doylestown, which is higher than the national average. There are 7 cities' Corporate Loan Officer salary higher than national average in Pennsylvania.
The average salary for a Corporate Loan Officer in Pennsylvania is $56,178, but we found that the city with the highest salary for Corporate Loan Officer jobs is Doylestown, PA, and it is higher than Philadelphia. Corporate Loan Officer jobs in Doylestown can have the opportunity to earn higher salaries than in other cities in Pennsylvania.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Doylestown $60,906 $5,076 $1,171 $29
Philadelphia $59,443 $4,954 $1,143 $29
West Chester $58,598 $4,883 $1,127 $28
Stroudsburg $56,910 $4,742 $1,094 $27
Allentown $56,741 $4,728 $1,091 $27
Bethlehem $56,741 $4,728 $1,091 $27
Easton $56,628 $4,719 $1,089 $27
Reading $56,009 $4,667 $1,077 $27
Pittsburgh $55,446 $4,621 $1,066 $27
Lancaster $55,165 $4,597 $1,061 $27

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 Pennsylvania?

The Corporate Loan Officer salary range is from $47,370 to $64,251, and the average Corporate Loan Officer salary is $56,178/year in Pennsylvania. 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.