How much does a Commercial Loan Officer make?
Commercial Loan Officers play a key role in helping businesses grow by providing the necessary funds. Their work often leads to stable and rewarding careers. They earn an average yearly salary of $122,189. This means they can expect a good income, which varies based on experience and location.
Salary numbers for Commercial Loan Officers can range from $47,500 to over $210,000 per year. The bottom earners, at the 10th percentile, make around $47,500. The top earners, at the 90th percentile, make more than $210,000. This wide range shows that with experience and skill, the pay can increase significantly. It also highlights the potential for growth in this career.
What are the highest paying cities for a Commercial Loan Officer?

-
San Francisco, CA
Average Salary: $187,214
In San Francisco, professionals can find rewarding opportunities in finance. The tech boom drives demand for commercial loans. Companies like Goldman Sachs and JPMorgan Chase provide strong platforms for growth.
Find Commercial Loan Officer jobs in San Francisco, CA
-
Los Angeles, CA
Average Salary: $178,926
Los Angeles offers a vibrant market for commercial lending. The diverse industries here create steady demand. Banks such as Bank of America and Wells Fargo seek skilled officers to manage loans.
Find Commercial Loan Officer jobs in Los Angeles, CA
-
Washington, DC
Average Salary: $164,301
Working in Washington, DC, brings unique challenges and rewards. The political landscape here influences commercial loans. Major firms like Fannie Mae and Freddie Mac look for knowledgeable officers.
Find Commercial Loan Officer jobs in Washington, DC
-
Chicago, IL
Average Salary: $162,236
Chicago stands as a major hub for finance and commerce. The city's strong manufacturing and service sectors need commercial loans. Banks like Citibank and Chase hire experienced officers to manage these loans.
Find Commercial Loan Officer jobs in Chicago, IL
-
Seattle, WA
Average Salary: $154,703
Seattle's booming tech industry drives a need for commercial loans. Companies like Amazon and Microsoft create a strong demand. Professionals here enjoy a dynamic work environment with great benefits.
Find Commercial Loan Officer jobs in Seattle, WA
-
Boston, MA
Average Salary: $153,955
Boston offers a rich history and modern opportunities. The city's finance sector is robust, with many opportunities. Banks like State Street and TD Bank hire skilled officers for various roles.
Find Commercial Loan Officer jobs in Boston, MA
-
Houston, TX
Average Salary: $151,732
Houston's energy sector provides steady opportunities for loan officers. The city's growth attracts many businesses. Major banks like Chase and Bank of America offer dynamic career paths.
Find Commercial Loan Officer jobs in Houston, TX
-
Denver, CO
Average Salary: $150,756
Denver's growing economy offers plenty of opportunities. The city's diverse industries require commercial loans. Banks such as Wells Fargo and U.S. Bank look for skilled officers.
Find Commercial Loan Officer jobs in Denver, CO
-
Sacramento, CA
Average Salary: $142,897
Sacramento offers a stable market for commercial lending. The state government and local businesses create steady demand. Wells Fargo and Bank of America are prominent employers.
Find Commercial Loan Officer jobs in Sacramento, CA
-
San Diego, CA
Average Salary: $142,423
San Diego's mild climate and strong economy attract many businesses. The city's diverse industries need commercial loans. Banks like Chase and U.S. Bank hire skilled officers to manage these loans.
Find Commercial Loan Officer jobs in San Diego, CA
What are the best companies a Commercial Loan Officer can work for?

-
Citi
Average Salary: $175,289
Citi offers Commercial Loan Officer jobs with competitive salaries. This company has a strong presence in many cities across the country. Employees enjoy diverse opportunities and robust career growth.
-
Sandias Executive Search
Average Salary: $140,417
Sandias Executive Search provides high-paying roles for Commercial Loan Officers. The company operates in various locations and values its employees highly. It focuses on a positive and productive work environment.
-
S&T Bank
Average Salary: $136,058
S&T Bank offers rewarding positions for Commercial Loan Officers. This bank is known for its strong financial stability and customer service. It has offices in multiple states, offering a range of career opportunities.
-
Truist
Average Salary: $131,196
Truist provides Commercial Loan Officer jobs with good salaries. The company operates in several states and offers a supportive work culture. It focuses on financial innovation and customer satisfaction.
-
Wintrust Financial Corporation
Average Salary: $120,923
Wintrust Financial Corporation has attractive compensation for Commercial Loan Officers. It serves clients in many cities and emphasizes community engagement. The company provides a dynamic and rewarding work environment.
-
Greenstate Credit Union
Average Salary: $119,718
Greenstate Credit Union offers competitive pay for Commercial Loan Officers. It operates in several locations and values teamwork and employee well-being. The company provides a stable and fulfilling career path.
-
Arvest Bank
Average Salary: $116,680
Arvest Bank provides good salaries for Commercial Loan Officers. It has branches in multiple states and focuses on customer service and community support. The company offers a positive workplace culture.
-
gpac
Average Salary: $115,319
gpac offers Commercial Loan Officer positions with solid pay. The company operates in various regions and emphasizes professional growth. It provides a supportive environment for career development.
-
Merchants Bank
Average Salary: $97,095
Merchants Bank offers Commercial Loan Officer jobs with decent salaries. It serves clients in many cities and focuses on customer satisfaction and community involvement. The company provides a stable and rewarding career.
-
NICOLET NATIONAL BANK
Average Salary: $71,129
NICOLET NATIONAL BANK offers Commercial Loan Officer jobs with reasonable compensation. It operates in several locations and values its employees. The company provides a supportive and engaging work environment.
How to earn more as a Commercial Loan Officer?
Becoming a Commercial Loan Officer can be a rewarding career. To earn more in this role, one must focus on several key factors. First, gaining experience in the field is essential. As Commercial Loan Officers gain more experience, they often qualify for higher-paying positions or promotions. Another factor is building a strong professional network. Networking can lead to better job opportunities and higher-paying roles. Securing certifications can also make a significant difference. Certifications like the Certified Commercial Investment Member (CCIM) can enhance a Commercial Loan Officer's credibility and marketability.
Expanding skills and knowledge is another crucial factor. Commercial Loan Officers should stay updated on market trends and financial regulations. Attending workshops, seminars, and continuing education courses can help in this regard. Lastly, demonstrating exceptional performance at work can lead to higher earnings. Those who consistently exceed targets and deliver exceptional service are often rewarded with bonuses and raises.
In summary, Commercial Loan Officers can increase their earnings by:
- Gaining experience
- Building a strong professional network
- Securing relevant certifications
- Expanding skills and knowledge
- Demonstrating exceptional performance



