Construction Loan Officer Salary in Washington, District of Columbia

How much does a Construction Loan Officer make in Washington, DC? The average Construction Loan Officer salary in Washington, DC is $100,591 as of August 27, 2019, but the range typically falls between $83,743 and $122,965. 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. 

About Washington, District of Columbia    Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....More

Washington, District of Columbia  area prices were up 1.3% from a year ago    View the Cost of Living in Washington, District of Columbia

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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)

See user submitted job responsibilities for Construction Loan Officer.

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Average Base Salary

Core compensation

 
 
 
83743
122965
100591

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
85261
139876
110512
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 Washington, DC. The base salary for Construction Loan Officer ranges from $83,743 to $122,965 with the average base salary of $100,591. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $85,261 to $139,876 with the average total cash compensation of $110,512.
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83743
122965

 

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Job Openings for Construction Loan Officer in Washington, DC
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 operatin... More
Fiscal Year Ended in 2018
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