Home > Salary > Norway > Loan Officer Commercial Real Estate
A loan officer in commercial real estate is responsible for evaluating and approving loan applications for businesses looking to finance commercial properties. They assess the financial viability of the borrower, analyze market conditions and property value, and determine the appropriate loan amount and terms. Loan officers also review legal documents, coordinate with appraisers and title companies, and ensure compliance with lending regulations. They may work for banks, credit unions, or other financial institutions, or as independent brokers. Attention to detail, strong analytical skills, and knowledge of the commercial real estate industry are essential for success in this role.
Estimated Yearly Salary: 1,702,090 NOK
Estimated Monthly Salary: 141,841 NOK
Estimated Weekly Salary: 32,733 NOK per week
Estimated Hourly Salary: 818 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 137,419 NOK
Estimated Weekly Salary: 31,712 NOK per week
Estimated Hourly Salary: 793 NOK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 154,974 USD
Estimated Monthly Salary: 12,915 USD
Estimated Weekly Salary: 2,980 USD per week
Estimated Hourly Salary: 75 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,702,090 NOK
Estimated Monthly Salary: 141,841 NOK
Estimated Weekly Salary: 32,733 NOK per week
Estimated Hourly Salary: 818 NOK per hour
By working as Loan Officer Commercial Real Estate a person can save up to 9,094 USD per month or 109,129 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Estimated Yearly Salary for Loan Officer Commercial Real Estate
Last revision of data: 2025-01-04
Data as of 2025
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Loan Officer Commercial Real Estate salary in Norway
Average Yearly Salary of Loan Officer Commercial Real Estate in Norway is approximately 1,702,090 NOK (154,974 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Loan Officer Commercial Real Estate do?
A loan officer in commercial real estate is responsible for evaluating and approving loan applications for businesses looking to finance commercial properties. They assess the financial viability of the borrower, analyze market conditions and property value, and determine the appropriate loan amount and terms. Loan officers also review legal documents, coordinate with appraisers and title companies, and ensure compliance with lending regulations. They may work for banks, credit unions, or other financial institutions, or as independent brokers. Attention to detail, strong analytical skills, and knowledge of the commercial real estate industry are essential for success in this role.
Skills: loan officer, commercial real estate, financial analysis, loan approval, market evaluation, lending regulations
Job industry: Finance
Job industry: Finance
How much does Loan Officer Commercial Real Estate make?
Salary details
How much does Loan Officer Commercial Real Estate make?Estimated Yearly Salary: 1,702,090 NOK
Estimated Monthly Salary: 141,841 NOK
Estimated Weekly Salary: 32,733 NOK per week
Estimated Hourly Salary: 818 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,649,032 NOKEstimated Monthly Salary: 137,419 NOK
Estimated Weekly Salary: 31,712 NOK per week
Estimated Hourly Salary: 793 NOK per hour
Last revision of data: 2024-01-03Loan Officer Commercial Real Estate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 154,974 USD
Estimated Monthly Salary: 12,915 USD
Estimated Weekly Salary: 2,980 USD per week
Estimated Hourly Salary: 75 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Loan Officer Commercial Real Estate job salary compared to average salary in Norway.
Comparison shows that a person working as Loan Officer Commercial Real Estate in Norway earns on average:
1.74 times the average salary (or 174% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Loan Officer Commercial Real Estate job salary compared to average salary in Norway.
Comparison shows that a person working as Loan Officer Commercial Real Estate in Norway earns on average:
1.74 times the average salary (or 174% of average salary).
Is Loan Officer Commercial Real Estate a well paid job?
Yes, our data shows that Loan Officer Commercial Real Estate is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Loan Officer Commercial Real Estate?
High salary for Loan Officer Commercial Real Estate would be somewhere between 1,872,299 NOK and 2,468,031 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Officer Commercial Real Estate in Norway?
Living in Norway the approximate monthly expenses are: 3,820 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,702,090 NOK
Estimated Monthly Salary: 141,841 NOK
Estimated Weekly Salary: 32,733 NOK per week
Estimated Hourly Salary: 818 NOK per hour
By working as Loan Officer Commercial Real Estate a person can save up to 9,094 USD per month or 109,129 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Officer Commercial Real Estate
Sweden is 102,423 USD
Finland is 88,161 USD
Russia is 20,872 USD
Denmark is 119,307 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Machine engraver (555,013 NOK per year, pre-tax.)
Ultrasound technologists (1,168,068 NOK per year, pre-tax.)
Elderly service coordinator (500,737 NOK per year, pre-tax.)
Pricing supervisor (1,168,068 NOK per year, pre-tax.)
Engineering team leader (2,123,010 NOK per year, pre-tax.)
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