Hourly Wage for FS Bancorp, Inc. Construction Loan Officer Salary in the United States

How much does a Construction Loan Officer make hourly at companies like FS Bancorp, Inc. in the United States? The average hourly wage for a Construction Loan Officer at companies like FS Bancorp, Inc. in the United States is $56 as of March 26, 2024, but the range typically falls between $42 and $66. Hourly rate 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 a Construction Loan Officer do at companies like FS Bancorp, Inc.?

Construction Loan Officer sources and structures construction loans. Performs a due diligence review of potential borrowers, including risk and financial analysis. Being a Construction Loan Officer analyzes applicants' credit and financial status and obtains property appraisals to determine the feasibility of granting loans. Develops relationships with builders and developers to obtain referrals and future lending opportunities. Additionally, Construction Loan Officer structures construction loan terms and conditions according to policies. Approves loans within authorized limits or refers them to a loan committee for approval. May disburse loan proceeds at designated project mile. 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 2024 Salary.com)

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Check out Construction Loan Officer jobs in Columbus, Ohio

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$42 Low Average $56 High $66
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Understand the total hourly compensation opportunity for Construction Loan Officer at companies like FS Bancorp, Inc., hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
$42
$66
$56

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
$45
$77
$61
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job for Construction Loan Officer in companies like FS Bancorp, Inc. in the United States. The average hourly rate for Construction Loan Officer in companies like FS Bancorp, Inc. range from $42 to $66 with the average hourly pay of $56. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $45 to $77 with the average total hourly cash compensation of $61.

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