Commercial Loan Officer Salary in Alabama - State Average

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Average Salary for Commercial Loan Officer in Alabama - State Average

The average salary of a(n) Commercial Loan Officer in Alabama - State Average is $83,769.

The average hourly rate of a(n) Commercial Loan Officer in Alabama - State Average is $40.27.

The average bonus of a(n) Commercial Loan Officer in Alabama - State Average is $3,795.00.

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 Commercial Loan Officer in Alabama - State Average

Secretary - Commercial Lending - Opelika, AL

Trustmark National Bank

Liaison between customer and Loan Officer. Minimum three years commercial lending secretarial experience. Gather and prepare loan documents and work exception...

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Private Banking Relationship Manager (Birmingham Mkt BR (600) PRIVAT) - Birmingham, AL

IBERIABANK

Market President, Senior Credit Officer, Executive Credit Officer, Chief Credit Officer and Chief Operations Officer....

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Loan Review Officer (Administrative BR (001) LOANRE) - Birmingham, AL

IBERIABANK

Review assigned commercial credits, including larger or more complex credit relationships to determine accuracy of risk identification in the loan portfolio as...

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Loan Documentation Specialist - Russellville, AL

CB&S Bank

Responsible for verifying documentation on all residential real estate loans, commercial and consumer loans on the computer system....

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Regional Manager/Branch Manager/Team Leader - Birmingham, AL

US Mortgage Corporation

We also support Loan Officers by hiring them dedicated Loan Officer Assistants to allow our Sales force to stay at their highest and best use....

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