Alternate Job Titles: Construction Lending Officer, Construction Loan Officer
What is the average annual salary for Construction Loan Officer?
The annual salary for someone with the job title Construction Loan Officer may vary depending on a number of factors including industry, company size, location, years of experience and level of education. 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 annualy pay for a typical Construction Loan Officer in the United States is $78,879 so 50% of the people who perform the job of Accountant I in the United Sates are expected to make less than $78,879.
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 Construction Loan Officer job description