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Hourly Wage for Construction Lending Officer Salary in the United States

Hourly Wage for Construction Lending Officer Salary

How much does a Construction Lending Officer make hourly in the United States? The average hourly wage for a Construction Lending Officer in the United States is $52 as of March 26, 2024, but the range typically falls between $40 and $62. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Construction Lending Officer Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Construction Lending Officer Salary $29 US March 26, 2024
25th Percentile Construction Lending Officer Salary $40 US March 26, 2024
50th Percentile Construction Lending Officer Salary $52 US March 26, 2024
75th Percentile Construction Lending Officer Salary $62 US March 26, 2024
90th Percentile Construction Lending Officer Salary $71 US March 26, 2024
25% $40 10% $29 90% $71 75% $62 $52 50%(Median) Didn’t find job title? Click
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Check out Construction Lending Officer Job Openings in Columbus, Ohio

Loan Processor

Andover Bank - Andover, OH

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Jr. Construction Loan Processor (On-Site)

CrossCountry Mortgage, LLC. - Cleveland, OH

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Job Description

The Construction Lending Officer interviews applicants, analyzes applicant's credit and financial status and obtains property appraisals to determine feasibility of granting loan. Develops relationships with builders and developers in order to source, solicit and sell construction loans. Being a Construction Lending Officer approves loan within established limits or refers to loan to loan committee for approval. Recommends loan terms and conditions and ensures loan agreements are complete and accurate according to policy. In addition, Construction Lending Officer may be responsible for disbursing loan proceeds based on the completion of designated project milestones. Requires a bachelor's degree. Typically reports to a manager. Being a Construction Lending Officer occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Construction Lending Officer typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Construction Lending Officer

Career Path for this job

  1. This Job:

    Construction Lending Officer

    2 - 4 years experience
    Bachelor's Degree

  2. Up a level:

    Construction Lending Manager


    Bachelor's Degree

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Understand the total hourly compensation opportunity for a Construction Lending Officer, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
40
62
52

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
42
72
57
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Construction Lending Officer in the United States. The average hourly rate for Construction Lending Officer ranges from $40 to $62 with the average hourly pay of $52. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $42 to $72 with the average total hourly cash compensation of $57.
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40
62

 

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