Average Mid-Career Loan Officer, Commercial Salary in Minneapolis, Minnesota

$75,000
Avg. Base Salary (USD)

The average salary for a Loan Officer, Commercial is $75,000 in 2025

Base Salary
$0 - $75k
Bonus
$0 - $8k
Total Pay
$0 - $93k
Is Average Mid-Career Loan Officer, Commercial Salary in Minneapolis, Minnesota your job title? Find out what you should be paid
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What Do Loan Officer, Commercials Do?

Loan Officer, Commercial Tasks
  • Develop, maintain, and grow the commercial loan portfolio of private loan companies, government agencies, and non-profit organizations.
  • Solicit new business by developing marketing strategies.
  • Oversee handling of advances, payments, and wire transfers.
  • Negotiate credit terms, and prepare credit analysis and repayment plan for approvals.
  • Interview, consult, accept, analyze credit of, and perform credit reviews of potential borrowers.
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FAQs About Loan Officer, Commercials

What is the highest pay for Loan Officer, Commercials in Minneapolis?

Our data indicates that the highest pay for a Loan Officer, Commercial in Minneapolis is $NaN / year

What is the lowest pay for Loan Officer, Commercials in Minneapolis?

Our data indicates that the lowest pay for a Loan Officer, Commercial in Minneapolis is $NaN / year

How can Loan Officer, Commercials increase their salary?

Increasing your pay as a Loan Officer, Commercial is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Officer, Commercial that oversees more junior Loan Officer, Commercials, this experience can increase the likelihood to earn more.