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)
BASIC FUNCTION:
Loan Officers is responsible for developing new business, structuring, underwriting, pricing and documentation of loans, as well as maintaining and servicing an existing portfolio. The position represents the bank in the local community through active participation in community affairs and participates in marketing all of the banks products and services.
ESSENTIAL DUTIES/RESPONSIBILITIES:
KNOWLEDGE, SKILLS AND ABILITIES:
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0 Construction Loan Officer jobs found in Joplin, MO area