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$105,728

Average Base Salary

$51/hr

Average Hourly Rate

$4,789

Average Bonus
The average commercial loan officer salary in District of Columbia, United States is $105,728 or an hourly rate of $51. This is 14% higher (+$12,980) than the average commercial loan officer salary in the United States. In addition, they earn an average bonus of $4,789.
Salary by Experience

$75,614

Entry Level Salary

$129,286

Senior Level Salary
An entry level commercial loan officer (1-3 years of experience) earns an average salary of $75,614. On the other end, a senior level commercial loan officer (8+ years of experience) earns an average salary of $129,286.

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Job Description
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
Education

The chart below breaks down accounts by the highest level of education obtained.

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International Search Consultants
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Developing and Delivering top notch commercial loan services to customers. Providing your clients with appropriate and profitable financial solutions, including, debt and equity solutions such as ...
About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

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