Construction Loan Officer Salary in Auburn, Alabama

How much does a Construction Loan Officer make in Auburn, AL? The average Construction Loan Officer salary in Auburn, AL is $81,904 as of November 25, 2019, but the range typically falls between $68,184 and $100,121. 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. 

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Salary range for a Construction Loan Officer
$68,184 to $100,121
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Job Description

Construction Loan Officer develops relationships with builders and developers in order to source, solicit and sell construction loans. Interviews applicants, analyzes applicant's credit and financial status and obtains property appraisals to determine feasibility of granting loan. Being a Construction Loan Officer recommends loan terms and conditions and ensures loan agreements are complete and accurate according to policy. Approves loan within established limits or refers to loan to loan committee for approval. Additionally, Construction Loan 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. 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 2019 Salary.com)

See user submitted job responsibilities for Construction Loan Officer.

Job Openings for Construction Loan Officer in Auburn, AL
Those that have already made the climb...
Pamela J. Shelley-Kessler , Executive Vice 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 holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2018
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City, State Compared to national average
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+ 25.3%
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+ 10.7%
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-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%

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Average Base Salary

Core compensation

 
 
 
68184
100121
81904

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
69418
113885
89983
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Construction Loan Officer in Auburn, AL. The base salary for Construction Loan Officer ranges from $68,184 to $100,121 with the average base salary of $81,904. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $69,418 to $113,885 with the average total cash compensation of $89,983.
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68184
100121

 

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About Auburn, Alabama    The city of Auburn lies in western Lee County and is bordered by the city of Opelika to the northeast and by Chambers County to the north. The city st....More

Auburn, Alabama  area prices were up 1.5% from a year ago    View the Cost of Living in Auburn, Alabama

Construction Loan Officer Salary in popular cities: BirminghamMontgomeryMobile

Skills associated with Construction Loan Officer: Specialty Lending, Loan Authorization, Loan Software

Salary estimation for Construction Loan Officer at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC