Banking Loan Officer Commercial Salary in Boston, Massachusetts

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Average Salary for Banking Loan Officer Commercial in Boston, Massachusetts

The average salary of a(n) Banking Loan Officer Commercial in Boston, Massachusetts is $103,664.

The average hourly rate of a(n) Banking Loan Officer Commercial in Boston, Massachusetts is $49.84.

The average bonus of a(n) Banking Loan Officer Commercial in Boston, Massachusetts is $4,696.00.

Job Description:

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. Less

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... More

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Results for Banking Loan Officer Commercial in Boston, Massachusetts

Commercial Loan Officer - Everett, MA

Eagle Bank

Commercial Lending/Production in the banking industry:. Makes commercial loan decisions within assigned limits;...

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Commercial Loan Officers - Boston, MA

Commerce Bank & Trust Company

Assumes responsibility for a portion of the commercial loan portfolio to insure that acceptable credit standards are maintained and that loans conform to...

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Business Banking Credit Analyst - Boston, MA

First Republic Bank

A minimum of 3-5 years of commercial banking. This requires working with the Borrower, Commercial Loan Operations, and in some instances, outside legal counsel....

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Commercial Loan Administrator - Canton, MA

Bank of Canton

Commercial Loan Administrator. Provide administrative support for Commercial Loan Officers. Minimum 5 years experience in commercial loan administration, C&I...

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Sr. Loan Officer - Mid Atlantic - Wakefield, MA

Flagstar Bank

Retail banking products, investments, commercial services). Originate mortgage loans that meet Flagstar bank credit and underwriting requirements....

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