How much does a Construction Loan Manager make in the United States? The average Construction Loan Manager salary in the United States is $166,787 as of June 27, 2024, but the range typically falls between $125,254 and $210,053. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Construction Loan Manager Salary $87,441 US June 27, 2024
25th Percentile Construction Loan Manager Salary $125,254 US June 27, 2024
50th Percentile Construction Loan Manager Salary $166,787 US June 27, 2024
75th Percentile Construction Loan Manager Salary $210,053 US June 27, 2024
90th Percentile Construction Loan Manager Salary $249,445 US June 27, 2024
25% $125,254 10% $87,441 90% $249,445 75% $210,053 $166,787 50%(Median) Didn’t find job title? Click
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What skills does a Construction Loan Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.

2.

Document Review: Document review (also known as doc review), in the context of legal proceedings, is the process whereby each party to a case sorts through and analyzes the documents and data they possess (and later the documents and data supplied by their opponents through discovery) to determine which are sensitive or otherwise relevant to the case. Document Review is a valuable main staple of the type of work performed by attorneys for their clients, though it is increasingly common for the work to be performed by specialized document review attorneys. Some types of cases that typically require large numbers of documents to be reviewed are litigation, mergers and acquisitions, and government and internal investigations (including internal audits). Regarding litigation, documents reviewed by attorneys are obtained through the discovery process, which is generally governed by rules of procedure for the presiding court. In cases in United States Federal Courts the rules related to discovery are Federal Rules of Civil Procedure (F.R.C.P.) 16, 26, 33, 34, 37, and 45 which were amended in 2006 to include electronically stored information.

3.

Microsoft Excel: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.

Project Management 5%
Document Review 2.5%
Microsoft Excel 2.5%
Others 90%
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Job Description for Construction Loan Manager

Construction Loan Manager oversees construction lending officers and processes and conducts business development activities to achieve loan gain and profit objectives in a designated market. Develops relationships with builders and construction companies to obtain referrals and promote lending activity. Being a Construction Loan Manager provides operational guidance, coaching, and support to loan officers. Directs all facets of construction loan processing from origination to closing. Additionally, Construction Loan Manager reviews appraisals and credit analysis to ensure a comprehensive review process and to reduce risk. Authorizes loan requests within established limits or presents loans to loan committee for approval. Requires a bachelor's degree in area of specialty. Typically reports to a director. 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. To be a Construction Loan Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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See user submitted job responsibilities for Construction Loan Manager.

Salary.com job board provides millions of Construction Loan Manager information for you to search for. Click on search button below to see Construction Loan Manager job openings or enter a new job title here.

Job Openings for Construction Loan Manager
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for Mortgage Operations Specialists. MUST KNOW....
    - 1 Month Ago
  • Job Description. Job Description. Salary range is $100k to $200k, with a midpoint of $145k. New hires typically receive between minimum and midpoint, howev...
    - 10 Days Ago
  • Salary Range - $65,000 - $115,000. Commission Range - $30,000 -$60,000. . . BRIEF DESCRIPTION. BluSky's construction division Project Manager is responsi
    - 3 Days Ago
  • Unit Description. We are the Communities we serve. . This account is part of the SodexoMAGIC portfolio of business. . Use your passion for service to creat...
    - 5 Days Ago
  • Unit Description. Are you seeking a rewarding and challenging career. that allows you to make a difference. . Sodexo Energy and Resource. is seeking a. Des...
    - 2 Days Ago

Career Path for Construction Loan Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Construction Loan Manager, the upper level is Vice President of Lending and then progresses to Chief Lending Officer.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
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's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Construction Loan Manager salary varies from city to city. Compared with national average salary of Construction Loan Manager, the highest Construction Loan Manager salary is in San Francisco, CA, where the Construction Loan Manager salary is 25.0% above. The lowest Construction Loan Manager salary is in Miami, FL, where the Construction Loan Manager salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Construction Loan Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
125254
210053
166787

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
128954
243081
189300
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 $125,254 to $210,053 with the average base salary of $166,787. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $128,954 to $243,081 with the average total cash compensation of $189,300.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

125254
210053

 

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Skills associated with Construction Loan Manager: Lending Operations, Loan Software, Lending Regulatory Compliance, Specialty Lending ...More

Salary estimation for Construction Loan Manager at companies like : Dialysis Duluth, IDA - SAGE DISTRIBUTING CO., INC.( Inc, London Taxi Co Inc

Construction Loan Manager Salary in United States
Construction Loan Manager Salary Graph, Regional Distribution and Summary