How much does a Construction Loan Officer make in Maine? The average Construction Loan Officer salary in Maine is $88,677 as of March 26, 2020, but the range typically falls between $73,823 and $108,408. 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.

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25% $73,823 10% $60,299 90% $126,372 75% $108,408 $88,677 50%(Median)
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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 2020 Salary.com)

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Job Openings for Construction Loan Officer in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $91,866 Date Updated March 26, 2020
Location Windham, ME Avg. Salary $91,989 Date Updated March 26, 2020
Location Abbot, ME Avg. Salary $83,146 Date Updated March 26, 2020
Location Acton, ME Avg. Salary $93,160 Date Updated March 26, 2020
Location Addison, ME Avg. Salary $83,146 Date Updated March 26, 2020
Location Albion, ME Avg. Salary $83,146 Date Updated March 26, 2020
Location Alfred, ME Avg. Salary $92,533 Date Updated March 26, 2020
Location Alna, ME Avg. Salary $91,130 Date Updated March 26, 2020
Location Andover, ME Avg. Salary $91,130 Date Updated March 26, 2020
Location Anson, ME Avg. Salary $83,146 Date Updated March 26, 2020
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