Construction Loan Officer Salary in New Jersey

How much does a Construction Loan Officer make in New Jersey? The average Construction Loan Officer salary in New Jersey is $100,841 as of October 30, 2019, but the range typically falls between $83,948 and $123,272. 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. View the Cost of Living in New Jersey

About New Jersey    New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newa....More

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

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)

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $104,161 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $105,073 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $105,164 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $105,675 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $110,363 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $104,161 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $103,884 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $102,337 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $105,164 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $104,161 Date Updated October 30, 2019
Job Openings for Construction Loan Officer in New Jersey
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