How much does a Construction Loan Officer make in Loveland, CO? The average Construction Loan Officer salary in Loveland, CO is $89,125 as of January 20, 2020, but the range typically falls between $74,196 and $108,950. 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 2020 Salary.com)
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 Officer do?
Construction Loan Officer in Brea, CA
Understand documentation of all types of real estate product, both owner occupied and income producing, construction and term loans.
May 14, 2019
Prepare and guide through to approval detailed written loan requests for new and renewal credit requests.
July 01, 2019
Understand all real estate title issues and the appropriate lien structure and documentation of loans.
Loveland is the Home Rule Municipality that is the second most populous municipality in Larimer County, Colorado, United States. Loveland is situated 46 miles (74 km) north of the Colorado State Capitol in Denver. Loveland is the 14th most populous city in Colorado. The United States Census Bureau estimated that in 2014 the population of the city was 72,651. The city forms part of the Fort Collins-Loveland Metropolitan Statistical Area and the Front Range Urban Corridor. The city's public schools are part of the Thompson R2-J School District....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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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 Officer in Loveland, CO. The base salary for Construction Loan Officer ranges from $74,196 to $108,950 with the average base salary of $89,125. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $75,540 to $123,930 with the average total cash compensation of $97,915.