Construction Loan Administrator Salary
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How much does a Construction Loan Administrator make? The average Construction Loan Administrator salary is $110,560 as of June 27, 2024, but the salary range typically falls between $85,595 and $131,671. 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.
Salary range for a Construction Loan Administrator
$85,595 to $131,671
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What does a Construction Loan Administrator do?
Common responsibilities of a Construction Loan Administrator
Assist in the preparation and maintenance of loan files.
January 13, 2023
Manage fundings and payments and collect and analyze loan documentation for a portfolio of commercial real estate and/or multifamily residential construction loans.
March 07, 2023
Review commitment letters and underwriting files, complete escrow analyses, review closing statements, work with closing attorney, borrower, investors and participants, and coordinate post-closing follow-up for construction loans to ensure completeness of requirements before loan fundings/disbursements.
March 14, 2023
Follow-up with Relationship Manager/borrowers regarding any clarification questions on information provided.
April 09, 2023
Monitor loan payments, tax payments, and insurance coverage and premium payments to ensure they are being paid.
April 15, 2023
Communicate with the Relationship Manager/borrower regarding any deficiencies or issues discovered during analysis of all submitted documentation to ensure completeness and accuracy of all documentation supporting the loan.
April 18, 2023
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Explore JobArchitectConstruction Loan Administrator Salary in Major Cities
This chart shows the salary comparison for Construction Loan Administrator between major cities. San Francisco City consistently ranks #1 as of June 27, 2024. Click on the chart to see the detail salary data for Construction Loan Administrator in each city.
Construction Loan Administrator Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Construction Loan Administrator Salary by City
Click to see the salary for Construction Loan Administrator in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $138,199 |
| Washington, DC | $123,053 |
| Miami, FL | $106,690 |
| Chicago, IL | $115,977 |
| Boston, MA | $123,937 |
| New York, NY | $129,134 |
| Dallas, TX | $109,122 |
If you'd like know Construction Loan Administrator Salary in other cities, then please select a city in
Average Salary Range for Construction Loan Administrator
Average Base Salary
Core compensation
85595
131671
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Construction Loan Administrator in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Construction Loan Administrator in the United States. The base salary for Construction Loan Administrator ranges from $85,595 to $131,671 with the average base salary of $110,560. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $90,986 to $153,247 with the average total cash compensation of $122,110.
View Average Salary for Construction Loan Administrator as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $110,560 | $85,595 - $131,671 |
| Bonus | $11,550 | $5,390 - $21,576 |
| Total Pay | $122,110 | $90,986 - $153,247 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Construction Loan Administrator online for free
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Please enter the following pay factors for Construction Loan Administrator, to get a real-time salary target.
If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Construction Loan Administrator
What's the difference between Construction Loan Manager and Construction Loan Administrator?
According to our latest salary estimation on June 27, 2024. The average salary of Construction Loan Administrator is $110,560, and the average salary of Construction Loan Manager is $166,787. The average salary of Construction Loan Manager is higher than Construction Loan Administrator. ( 2024-06-27 salary.com )
I am a Construction Loan Administrator, which location’s salary is higher, Auburn, AL or Bentonville, AR?
Bentonville, AR typically sees higher pay than Auburn, AL for Construction Loan Administrator. a Construction Loan Administrator Salary in Bentonville, AR is $99,946 as of June 27, 2024; a Construction Loan Administrator Salary in Auburn, AL is $97,514 as of June 27, 2024. ( 2024-06-27 salary.com )
Construction Loan Administrator Frequently Asked Questions
Why does the salary of a Construction Loan Administrator vary from city to city?
The cost of living is tied to salaries.
If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there.
This is why you're always going to make more money in New York City for example, than in a small town. ( 2024-06-27 salary.com )
What are the Pay Factors for Construction Loan Administrator?
Salary ranges for a Construction Loan Administrator can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience.
Click here to view Eight Factors That Can Affect Your Pay ( 2024-06-27 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company,
but there are several important pay factors that come into play based on your individual history that could impact your value to the company.
Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2024-06-27 salary.com )
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Last Update: June 27, 2024