Banking Loan Officer Commercial Salary in Concord, Massachusetts

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Banking Loan Officer Commercial in Concord, Massachusetts

The average salary of a(n) Banking Loan Officer Commercial in Concord, Massachusetts is $100,505.

The average hourly rate of a(n) Banking Loan Officer Commercial in Concord, Massachusetts is $48.32.

The average bonus of a(n) Banking Loan Officer Commercial in Concord, Massachusetts is $4,553.00.

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

How helpful is this page?

Are you a(n) Banking Loan Officer Commercial?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Concord, Massachusetts

View Salaries for Banking Loan Officer Commercial in Other Cities

Job Openings by Indeed job search

Results for Banking Loan Officer Commercial in Concord, Massachusetts

Commercial Loan Officer - South Boston, MA

East Boston Savings Bank

Support all activities in commercial lending to accomplish commercial banking goals and objectives. Develop material for loan presentations, and make...

View job on Indeed.com

Commercial Mortgage Originator - Boston, MA

Terrace Capital

Knowledge of basic commercial real estate fundamentals is desirable with a minimum of 3 years commercial banking/ commercial mortgage experience....

View job on Indeed.com

Sr. Business Development Officer - SBA - Boston - Boston, MA

Bank of America

5-10 years experience in commercial banking and/or business lending. Closed loan volume, revenue. BDO transfers the client to a Business Banking Client Manager...

View job on Indeed.com

AVP, Commercial Portfolio Manager III - Burlington, MA

Berkshire Bank

Provides relationship management support to Lending Officers in monitoring and servicing an existing portfolio of complex loans and borrowing relationships....

View job on Indeed.com

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....

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x