How much does a Construction Loan Manager make in Maryland? The average Construction Loan Manager salary in Maryland is $170,448 as of February 26, 2024, but the range typically falls between $128,003 and $214,665. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Construction Loan Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Construction Loan Manager Salary $89,359 MD February 26, 2024
25th Percentile Construction Loan Manager Salary $128,003 MD February 26, 2024
50th Percentile Construction Loan Manager Salary $170,448 MD February 26, 2024
75th Percentile Construction Loan Manager Salary $214,665 MD February 26, 2024
90th Percentile Construction Loan Manager Salary $254,924 MD February 26, 2024
25% $128,003 10% $89,359 90% $254,924 75% $214,665 $170,448 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%

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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Job Openings for Construction Loan Manager in Maryland

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Location Avg. Salary Date Updated
Location Dundalk, MD Avg. Salary $169,942 Date Updated February 26, 2024
Location Abell, MD Avg. Salary $183,200 Date Updated February 26, 2024
Location Aberdeen, MD Avg. Salary $166,877 Date Updated February 26, 2024
Location Aberdeen Proving Ground, MD Avg. Salary $167,811 Date Updated February 26, 2024
Location Abingdon, MD Avg. Salary $166,872 Date Updated February 26, 2024
Location Accident, MD Avg. Salary $151,691 Date Updated February 26, 2024
Location Accokeek, MD Avg. Salary $183,696 Date Updated February 26, 2024
Location Adamstown, MD Avg. Salary $179,679 Date Updated February 26, 2024
Location Allen, MD Avg. Salary $175,744 Date Updated February 26, 2024
Location Andrews Air Force Base, MD Avg. Salary $183,970 Date Updated February 26, 2024

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.

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Construction Loan Manager Salary in Maryland
Construction Loan Manager Salary Graph, Regional Distribution and Summary