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The graph below is a comparison of salary data for 10 jobs in Edina, Minnesota, as provided by the free SalaryExpert® Salary Report and Salary Calculator. If you are a professional who requires compensation survey data for your work please consult ERI Economic Research Institute's Salary Assessor.

Commercial Loan Officer:
Interviews applicants and studies, evaluates, and authorizes or recommends approval of customer applications for secured or unsecured commercial loans and lines of credit.

Interviews applicant and requests specified information for commercial loan application. Analyzes applicant financial status, credit, and property evaluation... [+] More

Commercial Loan Officer:
Interviews applicants and studies, evaluates, and authorizes or recommends approval of customer applications for secured or unsecured commercial loans and lines of credit.

Interviews applicant and requests specified information for commercial loan application. Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan or may submit application to credit analyst for verification and recommendation. Corresponds with or interviews applicant or creditors to resolve questions regarding application information. Approves commercial loans and lines of credit within specified limits or refers loan to loan committee for approval. Lesser experienced loan officers operate with moderate credit authority where more experienced senior loan officers operate with substantial credit authority involving large amounts of money or important customers. Ensures commercial loan agreements are complete and accurate according to policy. May confer with underwriter to aid in resolving application problems. May analyze potential loan markets to develop prospects for loans. May solicit and negotiate conventional or government secured loans on commission basis. May supervise loan personnel. (Source: eDOT Job Description) [-] Less

A renter's cost of living for someone making $103,989 in Edina, Minnesota is 105.1% of the US National Average. For more information, or to compare cost of living data between two cities, click here.

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