Construction Loan Officer jobs in Paramus, NJ

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
  • Paramus, NJ 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

    Max

  • 25 Days Ago

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Mortgage Loan Officer
  • THE MINT CAPITAL INC
  • Monroe, NY FULL_TIME
  • Founded in 2018, Mint Capital’s rise within the industry has been fast and unprecedented, growing from a team of 2 to 50 in under 2 years. Built upon our team’s 50 years of combined experience, Mint C...
  • 8 Days Ago

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Sr. Loan Officer
  • New American Funding
  • Florida, NY FULL_TIME
  • Overview Must be able to work on-site if within 31 miles of a consumer direct call center location. If outside 31 miles, then OK to remotely. Offices are located in the following cities and states: Ca...
  • 30 Days Ago

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Mortgage Loan Officer
  • PNC
  • Ridgewood, NJ FULL_TIME
  • Position OverviewAt PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work to...
  • 1 Month Ago

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Sr. Loan Officer (Consumer Direct)
  • New American Funding
  • Florida, NY FULL_TIME
  • Overview Must be able to work on-site 2 days per week if within 31 miles of a consumer direct call center location. If outside 31 miles, then OK to remotely. Offices are located in the following citie...
  • 1 Day Ago

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On-site Bilingual (Spanish) Loan Officer Assistant- Licensed
  • National Mortgage Staffing
  • Mahwah, NJ FULL_TIME
  • Job Title: Bilingual (Spanish) Loan Officer Assistant Overview: We are currently seeking a highly motivated and bilingual (Spanish) Loan Officer Assistant to join our dynamic team. The ideal candidate...
  • 19 Days Ago

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0 Construction Loan Officer jobs found in Paramus, NJ area

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Subscription Finance Analyst
  • U.S. Bank
  • New York, NY
  • At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarte...
  • 4/22/2024 12:00:00 AM

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Associate
  • Korn Ferry
  • New York, NY
  • Korn Ferry has partnered with our client on their search for Associate. Associate Top-Tier Commercial Real Estate Operat...
  • 4/22/2024 12:00:00 AM

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VP, Senior Commercial Underwriter
  • Niagara Partners, Inc
  • New York, NY
  • VP, Senior Underwriter Our client, a NYC Bank with their corporate offices near Penn Station, is currently seeking a new...
  • 4/22/2024 12:00:00 AM

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Assistant Vice President, Strategic Analytics
  • New York City Economic Development Corporation
  • New York, NY
  • Our Vision: To make New York City the global model for inclusive innovation and economic growth, fueled by the City's di...
  • 4/21/2024 12:00:00 AM

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Associate, Sponsors & Fund Finance Execution
  • Scotiabank
  • New York, NY
  • Requisition ID: 197148 Salary Range: 135,000.00 - 155,000.00 Please note that the Salary Range shown is a guideline only...
  • 4/21/2024 12:00:00 AM

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Field Representative- Rockland PC (2 positions)
  • StateJobsNY
  • Orangeburg, NY
  • Minimum Qualifications Bachelor's degree plus two years' experience as a Junior Field Representative or Assistant Projec...
  • 4/21/2024 12:00:00 AM

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Physical Therapist
  • Constructive Partnerships Unlimited
  • Bronx, NY
  • Physical Therapist Department Rehabilitation Services Type of Position Full time Search Location(s) Bronx, NY Apply Now ...
  • 4/20/2024 12:00:00 AM

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Risk Control Assistant Vice President
  • The Travelers Indemnity Company
  • Morristown, NJ
  • Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this...
  • 4/19/2024 12:00:00 AM

Paramus (/pəˈræməs/ pə-RAM-əs) is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 26,342.. A suburb of New York City, Paramus is located 15 to 20 miles (24 to 32 km) northwest of Midtown Manhattan and approximately 8 miles (13 km) west of Upper Manhattan. The Wall Street Journal characterized Paramus as "quintessentially suburban".[21] Paramus was incorporated as a borough by an act of the New Jersey Legislature on March 2, 1922, and ratified by a referendum held on April 4, 1922, that passed by a vote of 238 to 10.[22][2...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Construction Loan Officer jobs
$100,830 to $172,142
Paramus, New Jersey area prices
were up 1.5% 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.
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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