Business Loan Officer Salary

Business Loan Officer Salary The average Commercial Loan Officer salary in the United States is 128 051 as of July 29 2024 The range for our most popular Commercial Loan Officer positions listed below typically falls between 62 435 and 193 667 Keep in mind that salary ranges can vary widely depending on many important factors including position education certifications additional skills and the number of

The estimated total pay for a Small Business Loan Officer is 223 654 per year in the United States area with an average salary of 109 056 per year These numbers represent the median which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users The base salary for Commercial Loan Officer I ranges from 63 475 to 83 038 with the average base salary of 72 495 The total cash compensation which includes base and annual incentives can vary anywhere from 65 750 to 90 951 with the average total cash compensation of 77 593 Similar Job Titles

Business Loan Officer Salary

Business Loan Officer Salary
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What is the average of a Business Loan Officer in the United States The Business Loan Officer salary range is from 77 855 to 110 154 and the average Business Loan Officer salary is 94 632 year in the United States The Business Loan Officer s salary will change in different locations The average Commercial Loan Officer salary in the United States is 73 281 as of June 27 2024 but the salary range typically falls between 64 283 and 83 983 borrower throughout process and acts as a liaison between the loan processors loan underwriters appraisers and the business members January 15 2023 Commercial Loan Officer in

The average salary for a Loan Officer Commercial is 83 670 in 2024 Visit PayScale to research loan officer commercial salaries by city experience skill employer and more The estimated total pay for a Commercial Loan Officer is 162 144 per year in the United States area with an average salary of 105 702 per year These numbers represent the median which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users

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The average salary for a loan officer is 183 146 per year in the United States and 35 500 commission per year 82 6k salaries reported updated at July 22 2024 Job openings in United States Loan Officer Biling Horizon Credit Union of Utah 3 5 Clearfield UT 17 77 an hour Full time View job details Job Outlook Employment of loan officers is projected to grow 3 percent from 2022 to 2032 about as fast as the average for all occupations About 25 300 openings for loan officers are projected each year on average over the decade Many of those openings are expected to result from the need to replace workers who transfer to different

Commercial loan officers focus on business loans while consumer loan officers specialize in loans to individuals such as personal loans or auto loans Loan Officers made a median salary of The median annual wage for a loan officer in 2020 is 63 960 The lowest 10 of wage earners in this field earn a yearly salary of just under 32 820 but earners in the top 10 earn an average

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Business Loan Officer Salary - As of Jun 28 2024 the average annual pay for a Small Business Loan Officer in the United States is 70 335 a year Just in case you need a simple salary calculator that works out to be approximately 33 81 an hour This is the equivalent of 1 352 week or 5 861 month