How much does a Construction Loan Officer make in Georgiana, AL? The average Construction Loan Officer salary in Georgiana, AL is $85,408 as of April 26, 2022, but the range typically falls between $71,092 and $104,411. 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 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 2022 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 2020
What does a Construction Loan Officer do?
Construction Loan Officer in Raleigh, NC
Your local bank, if they do offer home construction loans, might be able to offer you a better rate.
February 18, 2020
Construction Loan Officer in Huntington, WV
All loan officers must have a clear understanding of the bank’s loan policies.
January 22, 2020
Construction Loan Officer in Great Falls, MT
There are various types of construction loans, including consumer lot loans that are advanced first for the purchase of land and then transferred to a permanent loan for the building construction, and commercial construction loans for the expanding business and residential construction loans.
Georgiana is a town in Butler County, Alabama, United States. As of the 2010 census, the population of the town was 1,738.
Georgiana is located in southern Butler County at 31°38'24.313" North, 86°44'21.991" West (31.640087, -86.739442). Interstate 65 passes to the northwest of the town, with access from exit 114 (State Route 106). U.S. Route 31 (Mobile Road) passes through the east side of the town, leading north 16 miles (26 km) to Greenville, the county seat. Via I-65, it is 58 miles (93 km) north to Montgomery, the state capital, and 110 miles (180 km) southwest to Mobile.
According to the...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Browse Related Job Categories With Construction Loan Officer
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 Officer, base salary plus other pay elements
Average Base Salary
Average Total Cash Compensation
Includes base and annual incentives
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 Georgiana, AL. The base salary for Construction Loan Officer ranges from $71,092 to $104,411 with the average base salary of $85,408. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $72,385 to $118,771 with the average total cash compensation of $93,840.