Commercial Loan Officer Salary in District of Columbia - District Average

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Average Salary for Commercial Loan Officer in District of Columbia - District Average

The average salary of a(n) Commercial Loan Officer in District of Columbia - District Average is $102,921.

The average hourly rate of a(n) Commercial Loan Officer in District of Columbia - District Average is $49.48.

The average bonus of a(n) Commercial Loan Officer in District of Columbia - District Average is $4,662.00.

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 District of Columbia - District Average

Loan Information Systems & Administration Manager - Washington, DC

City First Bank

This position reports to the Chief Credit Officer and directly supervises Loan Administration and the Loan Operations staff....

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Commercial Real Estate Portfolio Manager II - Washington, DC

M&T Bank

Liaison between Commercial Real Estate RM’s and Loan Analysis for the purpose of preparing and facilitating annual loan reviews and renewals....

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Relationship Manager - Washington, DC

City First Bank

The RM is an officer of the Bank, participating and presenting loans for approval in the Mangers’ Loan Committee (MLC) and Directors’ Loan Committee (DLC) of...

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Business Services Officer III - Herndon, VA

BB&T

Develop, underwrite, and service business loans for business and individual clients including management of past dues and maturing loans....

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Chief Lending Officer - Washington, DC

New Bank ...Ethiopian American Venture 2017/2018

Chief Lending Officer*. Examines evaluates, authorizes or recommends approval of applications for commercial and consumer loans and lines of credit....

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