Commercial Loan Officer Salaries

1. San Francisco, CA
   Average Salary: $182,172
   In San Francisco, professionals in this role enjoy a dynamic environment. The tech industry thrives here, offering many opportunities for loan officers. Companies like Goldman Sachs and JPMorgan Chase are prominent in the area.
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2. Los Angeles, CA
   Average Salary: $174,611
   Los Angeles offers a diverse market for those in this field. The city's entertainment industry and real estate sector provide unique challenges and opportunities. Major banks like Bank of America and Wells Fargo are key players.
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3. Washington, DC
   Average Salary: $163,763
   Working in Washington, DC, means being at the heart of political and financial activities. Loan officers here often deal with government contracts and large corporations. Firms like Fannie Mae and Freddie Mac are notable employers.
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4. Chicago, IL
   Average Salary: $157,488
   Chicago is known for its strong financial sector. Loan officers here benefit from a robust economy and diverse industries. Companies such as JPMorgan Chase and Bank of America have significant presence.
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5. Seattle, WA
   Average Salary: $154,835
   Seattle offers a tech-driven economy with many startups and established companies. Loan officers here work with a mix of tech firms and traditional businesses. Major banks like Wells Fargo and U.S. Bank are active in the area.
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6. Denver, CO
   Average Salary: $150,376
   Denver provides a growing market with a mix of industries. The city's economy is diverse, with opportunities in energy, tech, and healthcare. Banks like U.S. Bank and Wells Fargo are key employers.
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7. Sacramento, CA
   Average Salary: $142,658
   Sacramento offers a stable environment with a mix of government and private sectors. Loan officers here work with a variety of businesses and government entities. Companies like Bank of America and Wells Fargo are prominent.
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8. Houston, TX
   Average Salary: $142,141
   Houston is a hub for energy and healthcare. Loan officers here benefit from a strong economy with many opportunities. Major banks like JPMorgan Chase and Wells Fargo are significant employers.
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9. San Diego, CA
   Average Salary: $140,182
   San Diego offers a vibrant economy with a focus on biotech, defense, and tourism. Loan officers here work with a diverse range of businesses. Companies like Bank of America and Wells Fargo are key players.
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10. Miami, FL
    Average Salary: $130,891
    Miami provides a dynamic market with a mix of international business and tourism. Loan officers here enjoy a diverse economy. Major banks like Bank of America and Wells Fargo are active in the area.
    Find Commercial Loan Officer jobs in Miami, FL
    

1. Citi
   Average Salary: $168,873
   Citi offers Commercial Loan Officer jobs with a focus on providing loans to businesses. Citi operates in many countries and has a strong reputation for financial services. Employees often work in major cities like New York, London, and Hong Kong.
   

   
   

2. F&M Trust
   Average Salary: $131,775
   F&M Trust provides Commercial Loan Officer jobs with a focus on community banking. The company operates in Pennsylvania and offers a family-friendly work environment. Employees often work in cities like Harrisburg and Lancaster.
   

   
   

3. Truist
   Average Salary: $127,118
   Truist offers Commercial Loan Officer jobs with a wide range of banking services. The company operates in the southeastern United States and has a strong focus on customer service. Employees often work in cities like Atlanta, Charlotte, and Raleigh.
   

   
   

4. Wintrust Financial Corporation
   Average Salary: $125,381
   Wintrust Financial Corporation provides Commercial Loan Officer jobs with a focus on community banking. The company operates in the Midwest and has a strong reputation for personalized service. Employees often work in cities like Chicago, Milwaukee, and Minneapolis.
   

   
   

5. gpac
   Average Salary: $125,221
   gpac offers Commercial Loan Officer jobs with a focus on connecting job seekers with top companies. The company operates nationwide and has a strong focus on career development. Employees often work in major cities across the United States.
   

   
   

6. Greenstate Credit Union
   Average Salary: $120,445
   Greenstate Credit Union provides Commercial Loan Officer jobs with a focus on community banking. The company operates in Illinois and has a strong reputation for member service. Employees often work in cities like Chicago and Springfield.
   

   
   

7. Arvest Bank
   Average Salary: $119,853
   Arvest Bank offers Commercial Loan Officer jobs with a focus on community banking. The company operates in the Midwest and has a strong reputation for personalized service. Employees often work in cities like Oklahoma City, Tulsa, and Little Rock.
   

   
   

8. Bank OZK
   Average Salary: $92,254
   Bank OZK provides Commercial Loan Officer jobs with a focus on community banking. The company operates in the southeastern United States and has a strong reputation for customer service. Employees often work in cities like Little Rock, Memphis, and Nashville.
   

   
   

9. Synovus
   Average Salary: $91,746
   Synovus offers Commercial Loan Officer jobs with a focus on community banking. The company operates in the southeastern United States and has a strong reputation for customer service. Employees often work in cities like Atlanta, Columbus, and Jacksonville.
   

   
   

10. Central Willamette Credit Union
    Average Salary: $91,493
    Central Willamette Credit Union provides Commercial Loan Officer jobs with a focus on community banking. The company operates in Oregon and has a strong reputation for member service. Employees often work in cities like Salem, Eugene, and Portland.
    

A Commercial Loan Officer can increase their earnings through various strategies. Building a strong network of clients and maintaining good relationships can lead to more referrals and repeat business. This network can also provide insights into market trends and opportunities for larger loans. Another way to earn more is by specializing in a specific industry, such as real estate or manufacturing. Specialization can make a Commercial Loan Officer more valuable to clients who need expert knowledge in their field.

Continuous education and staying updated on industry changes can also boost earnings. Attending workshops, seminars, and obtaining certifications can enhance skills and knowledge. This can lead to better job performance and the ability to secure higher-paying positions. Additionally, demonstrating strong analytical skills and a proven track record of successful loan approvals can open doors to higher-paying roles. Effective negotiation skills can also lead to better loan terms for clients, which can translate into higher commissions for the officer.

Here are some key factors to consider:

1. Build a strong client network
2. Specialize in a specific industry
3. Pursue continuous education and certifications
4. Demonstrate strong analytical and negotiation skills
5. Secure higher-paying positions through proven success