Construction Loan Officer jobs in Chicago, IL

Construction Loan Officer sources and structures construction loans. Performs a due diligence review of potential borrowers, including risk and financial analysis. Being a Construction Loan Officer analyzes applicants' credit and financial status and obtains property appraisals to determine the feasibility of granting loans. Develops relationships with builders and developers to obtain referrals and future lending opportunities. Additionally, Construction Loan Officer structures construction loan terms and conditions according to policies. Approves loans within authorized limits or refers them to a loan committee for approval. May disburse loan proceeds at designated project mile. Requires a bachelor's degree. Typically reports to a manager. The Construction Loan Officer occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Construction Loan Officer typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)

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Loan Officer
  • Paramount Residential Mortgage Group
  • Schaumburg, IL FULL_TIME
  • Overview

    PRMG is Built by Originators for Originators.  There is a reason why PRMG is consistently voted one of the best places to work.  We focus on the areas that make an Originator successful and have an unmatched Culture.  We look forward to helping you succeed as an Originator.  

    Responsibilities

    Essential Job Functions:

    • Organization: Develops and implements strategies, satisfying customer needs through a full array of products and services.
    • Coordination: Uses judgment and discretion to ensure uninterrupted flow of business.
    • Communication: Communicates well verbally and in writing with co-workers and customers acting as liaison between customer and Company’s internal departments to ensure cohesive business flow.
    • Equipment: Uses such office equipment as computer terminals, copiers, and FAX machines.
    • Physical: Sits and stands for extended time periods. Hearing and vision within normal ranges. Must devote substantially more than 50 percent of working hours outside of any Company office, home office, and any other fixed site, meeting with customers and potential customers seeking residential mortgage financing.

     

    Responsibilities:

    • Verifies, compiles, and inputs application information for mortgage loans.
    • Discuss and advise the client of their home loan options.
    • Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage applied for, including but not limited to borrower assets, liabilities, and length of employment.
    • Informs supervisor of discrepancies in title or survey.
    • Performs other related duties as assigned.
    • Current, valid NMLS license or appointment in good standing.

    Qualifications

    • Must have applicable state licensing. 
    • Two to five years’ experience are preferred. 
    • Must also meet one of the following 3 options:
    • Actively funding more than 2 loans/month, or
    • Xinnix Training completion for Loan Origination required, or
    • Origination mentor assigned to new Loan Officer by branch who funds more than 2 loans/month (see PRMG Loan Officer Mentor Agreement).

     

    Skills:

    • Ability to make sound judgments on the resolution of service, credit decision, funding, and post-close issues.
    • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative.
    • Ability to handle detailed assignments and maintain confidentiality.
    • Excellent communication and interpersonal skills.
    • Organizational skills necessary to prioritize workload and delegate responsibility.

     

     

    Travel:

    • May be required.

    Min

    USD $0.00/Yr.

    Max

    USD $250,000.00/Yr.
  • 19 Days Ago

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Loan Officer
  • Lennar Corporation
  • Dundee, IL FULL_TIME
  • Loan OfficerUS-IL-East DundeeJob ID: 2024-32732Type: Regular Full-Time# of Openings: 1Category: MortgageLENMORT - East Dundee ILOverviewLennar Mortgage is centered around personal growth, innovation, ...
  • 5 Days Ago

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Loan Officer
  • Knock
  • Chicago, IL FULL_TIME
  • We are seeking a sales-driven, professional Mortgage Loan Officer to join our team. As a Loan Officer you will self-generate partnerships that drive loan applications and fundings of Knock Bridge Loan...
  • 10 Days Ago

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Loan Officer Assistant
  • Neighborhood Housing
  • Chicago, IL FULL_TIME
  • BASIC JOB FUNCTIONThe NHS Chicago Loan Originator Assistant plays a vital role in the administrative upkeep of a loan office. As such, the duties of a Loan Originator Assistant covers the entire loan ...
  • 19 Days Ago

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Mortgage Loan Officer
  • Summit Funding
  • Chicago, IL FULL_TIME
  • Company DescriptionSummit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to...
  • 21 Days Ago

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Retail Mortgage Loan Officer
  • Mutual of Omaha Mortgage
  • Charles, IL FULL_TIME
  • Are you currently a productive loan officer wanting to take your business to the next level? If so, join the team at Mutual of Omaha Mortgage. We are part of the iconic brand and nationally recognized...
  • 21 Days Ago

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0 Construction Loan Officer jobs found in Chicago, IL area

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Software Sales Account Manager
  • HILTI
  • Chicago, IL
  • What's the role? The Software Sales Account Manager will assist in growing and supporting Hilti Tool Services with a spe...
  • 3/28/2024 12:00:00 AM

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Senior Water Engineer / Project Manager
  • Stanley Consultants, Inc.
  • Chicago, IL
  • Stanley Consultants is seeking a Senior Water Engineer / Project Manager for our Chicago office to lead and deliver wate...
  • 3/27/2024 12:00:00 AM

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Engineer Intern (Summer 2024) - Facade
  • Thornton Tomasetti
  • Chicago, IL
  • Thornton Tomasetti applies engineering and scientific principles to solve the world's challenges. An independent organiz...
  • 3/27/2024 12:00:00 AM

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Portfolio Manager
  • Lakeside Bank
  • Chicago, IL
  • Job Description Job Description Portfolio Manager-Lakeside Bank South Loop Reports to: EVP & Chief Lending Officer Hours...
  • 3/26/2024 12:00:00 AM

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Software Sales Account Manager
  • Hilti North America
  • Chicago, IL
  • Hilti: Software Sales Account Manager Job reference: WD-0027460 Software Sales Account Manager Chicago What's the role? ...
  • 3/26/2024 12:00:00 AM

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Area Sales Manager
  • Hilti North America
  • Chicago, IL
  • Hilti: Area Sales Manager Job reference: WD-0027980 Area Sales Manager Chicago What's the role? The Regional Manager is ...
  • 3/26/2024 12:00:00 AM

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Manager - Financial Investigation and Dispute Services - Commercial Litigation - REMOTE
  • RSM Global
  • Chicago, IL
  • We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence...
  • 3/24/2024 12:00:00 AM

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Patient Access Specialist, Call Center, Full-time, Days
  • Northwestern Medicine
  • Chicago, IL
  • Benefits * $10,000 Tuition Reimbursement per year ($5,700 part-time) * $10,000 Student Loan Repayment ($5,000 part-time)...
  • 3/24/2024 12:00:00 AM

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Construction Loan Officer jobs
$92,111 to $157,257
Chicago, Illinois area prices
were up 0.8% from a year ago

Construction Loan Officer in Raleigh, NC
Your local bank, if they do offer home construction loans, might be able to offer you a better rate.
February 18, 2020
Construction Loan Officer in Huntington, WV
All loan officers must have a clear understanding of the bank’s loan policies.
January 22, 2020
Construction Loan Officer in Great Falls, MT
There are various types of construction loans, including consumer lot loans that are advanced first for the purchase of land and then transferred to a permanent loan for the building construction, and commercial construction loans for the expanding business and residential construction loans.
January 09, 2020