Banking Loan Officer Commercial Salary in United States

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Average Salary for Banking Loan Officer Commercial in United States

The average salary of a(n) Banking Loan Officer Commercial in United States is $90,057.

The average hourly rate of a(n) Banking Loan Officer Commercial in United States is $43.30.

The average bonus of a(n) Banking Loan Officer Commercial in United States is $4,080.00.

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 United States

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Vice President, Commercial Lending Officer - New York, NY

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The individual will be responsible for marketing NYBDC’s loan programs, originating loan applications, underwriting loan requests and presenting recommendations...

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Credit Risk Management - Underwriter / VP - Los Angeles, CA

Morgan Stanley

Facilitate meeting budgeted loan volume goals through efficient and timely processing of loan requests. Formal commercial credit training required....

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SVP - Chief Lending Officer - New York, NY

Metropolitan Commercial Bank

Metropolitan Commercial Bank,*. SVP, Chief Lending Officer*. _The Entrepreneurial Bank,_ is a growing commercial bank that offers challenging career...

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