1ST FINANCIAL BANK USA Loan Administrator I Salary in the United States

How much does an Loan Administrator I make at companies like 1ST FINANCIAL BANK USA in the United States? The average salary for Loan Administrator I at companies like 1ST FINANCIAL BANK USA in the United States is $74,038 as of April 24, 2024, but the range typically falls between $61,869 and $86,208. 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.  View the Cost of Living in Major Cities

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What does an Loan Administrator I do at companies like 1ST FINANCIAL BANK USA?

 

Job Title:  Loan Administrator I

Location: 5929 S. Mogen Ave., Sioux Falls, SD

 

Job Overview: 

Builder Finance Inc. or “BFI” is a growing construction lender that works with hundreds of home builders from coast-to-coast. Every construction loan has its own intricacies and requires significant effort to properly administer and service.

Working within a small, collegial team the successful candidate will play a key role by developing a focus/core competency in one or more of these areas based on fit and need:

  • Procuring asset valuations and other essential third-party reports;
  • Arranging and facilitating loan closings;
  • Assisting clients wanting to go “paperless” and move to a cloud-based loan system;
  • Fulfilling requests by builders/borrowers to have additional loan proceeds funded based upon work complete; and/or
  • Preparing regular reports and conducting portfolio surveillance.

BFI employees have the opportunity to learn about residential real estate and construction lending. General responsibilities include phone and email correspondence both internally and externally with clients and vendors, spreadsheet work, data entry, and various other real estate-related tasks. The successful candidate will work quickly and accurately and be able to identify issues as they arise.

Qualifications:

BFI is looking to hire a recent graduate or a December 2020 graduate. Please include a copy of your transcript along with your resume.

Education:  Bachelor’s degree with minimum 3.0 GPA

Experience: None required but preference for those with real estate experience

Specific Skills and Character Qualities:

  • Have great attention to detail and organizational skills
  • Able to communicate effectively and maturely
  • Have tenacity and an ongoing desire to maximize productivity
  • Experienced with Microsoft Office products, primarily Outlook and Excel
  • Adept at identifying problems and presenting potential solutions

 

We provide a highly competitive and comprehensive compensation and benefits program including affordable medical/dental/vision insurance, generous paid leave program, 401(k), health savings account, tuition reimbursement, financial childcare assistance and much more!

Builder Finance Inc. is an EO employer - M / F / Vets / Disabled. 

 

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$61,869 Low Average $74,038 High $86,208

Understand the total compensation opportunity for Loan Administrator I at companies like 1ST FINANCIAL BANK USA, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$61,869
$86,208
$74,038
The chart shows total cash compensation for the 1ST FINANCIAL BANK USA Loan Administrator I in the United States, which includes base, and annual incentives can vary anywhere from $61,869 to $86,208 with an average total cash compensation of $74,038. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
Job Openings for 1ST FINANCIAL BANK USA Loan Administrator I
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Collaboration with other members on the team, such as Plan Administrators and Compliance ... loan requests, and other documents. What You'll Be Doing * Manage a queue of cases and respond ...
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Plan for and administer managerial, operational, fiscal, and reporting components of the ... Substance Use Disorder Treatment and Recovery Loan Repayment Program (STAR LRP) * Discounted ...
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