Alternate Job Titles: Construction Lending Officer, Construction Loan Officer
How much does a Construction Loan Officer make? The median annual Construction Loan Officer salary is $86,011, as of July 29, 2016, with a range usually between $69,287-$105,004, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Construction Loan Officer in the United States.
This chart describes the expected percentage of people who perform the job of Construction Loan Officer in the United States that make less than that annual salary. For example the median expected annual pay for a typical Construction Loan Officer in the United States is $86,011, so 50% of the people who perform the job of Construction Loan Officer in the United States are expected to make less than $86,011.
This chart describes the expected percentage of people who perform the job of Construction Loan Officer that make less than that salary. For example 50% of the people who perform the job of Construction Loan Officer are expected to make less than the median.
Source: HR Reported data as of August 2016
Responsible for soliciting and servicing construction loans. Interviews applicants and recommends approval of customer applications for construction loans. Analyzes applicant financial status and credit to determine feasibility of granting loan. Approves loan within established limits or refers to loan to loan committee for approval. Verifies loan agreements are complete and accurate according to policy. Requires a bachelor's degree in area of specialty and 1-3 years of experience in the field or in a related area. Familiar with standard concepts, practices, and procedures within a particular field. Relies on limited experience and judgment to plan and accomplish goals. Performs a variety of tasks. A certain degree of creativity and latitude is required. Typically reports to a manager. View full job description