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)
Position Overview: As a Loan Officer, you will play a key role in facilitating the loan application process, assessing creditworthiness, and guiding clients through various financing options. Your ability to build relationships, understand financial needs, and ensure compliance with lending regulations will be critical to your success in this role.
Key Responsibilities:
Client Consultation:
Application Processing:
Credit Analysis:
Loan Structuring:
Regulatory Compliance:
Relationship Building:
Pipeline Management:
Customer Service:
Qualifications:
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0 Construction Loan Officer jobs found in Washington, DC area