How much does a Construction Loan Manager make in the United States? The average Construction Loan Manager salary in the United States is $150,185 as of April 27, 2020, but the range typically falls between $112,818 and $189,145. Salary ranges 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.
Construction Loan Manager oversees construction loan activity at a bank. Responsible for achieving loan gain and profit objectives as well as reducing numbers of delinquent loans. Being a Construction Loan Manager manages a team of construction loan officers. Directs all facets of construction loan processing from origination to closing. Additionally, Construction Loan Manager requires a bachelor's degree in area of specialty. Typically reports to top management. The Construction Loan Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Construction Loan Manager typically requires 3+ years of managerial experience. (Copyright 2020 Salary.com)... View full job description
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
LTC PROPERTIES INC
Fiscal Year Ended in 2018
What does a Construction Loan Manager do?
Construction Loan Manager in Chicago, IL
Review, audit, and process draw payments, including review and approval of all site inspections and reports.
August 13, 2019
Collaborate with underwriting to develop & update underwriting guidelines for the different construction products available nationwide.
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Construction Loan Manager in the United States. The base salary for Construction Loan Manager ranges from $112,818 to $189,145 with the average base salary of $150,185. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $116,147 to $218,887 with the average total cash compensation of $170,469.