Construction Loan Officer jobs in New Jersey

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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CRE Construction Loan Officer - Up to 175K - Newark, NJ - Job 3218
  • The Symicor Group
  • Newark, NJ FULL_TIME


  • CRE Construction Loan Officer – Up to $175K – Newark, NJ – Job # 3218

    Who We Are

    The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

    We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

    The Position

    Our bank client is seeking to fill a CRE Construction Loan Officer role in the Newark, NJ market. The successful candidate advises prospects on loan status and approvals and works closely with the Commercial Credit Department to maintain loan quality and ensure the timely and accurate disposition of loan requests. The candidate develops new business by meeting with prospective commercial customers within the target market.

    The position includes a generous salary of up to $175K and an excellent benefits package. (This is not a remote position.)

    CRE Construction Loan Officer responsibilities include:

    Developing new construction and other commercial real estate loan business and managing a portfolio of assigned commercial loans.

    Recommending new construction lending business for approval and is the primary contact between the borrower and bank from initial review through loan closing.

    Approving loan within established limits or referring to loan committee for approval.

    Meeting with applicants to obtain information and compiling and analyzing data for loan requests.

    Submitting applications to credit analysts for preparation of financial analysis and approval recommendations.

    Presenting loan recommendations to the senior credit committee.

    Maintaining an assigned portfolio of borrowing relationships ensuring adherence to quality and risk standards determined by the bank.

    Screening loan requests based on bank policies and procedures and on types of loans offered.

    Recommending products and services to potential borrowers and handle inquiries from applicants including explanation of the loan requirements and process.

    Building in-depth knowledge of each assigned loan relationship understanding strengths and weaknesses of borrower and risk to bank.

    Keeping informed of industry changes, trends, and best practices, and assessing the potential impact on processes and procedures.

    Informing borrowers of loan commitments and advising and explaining loan terms and conditions.

    Ensuring timely receipt of loan payments and assisting in obtaining proper documentation to secure and substantiate loans.

    Who Are You?

    You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

    You also bring the following skills and experience:

    Bachelor’s degree in business, finance, accounting, or related field.

    Five or more years of experience in commercial lending with at least 3 years of experience in construction lending.

    Formal credit training.

    Willingness to be accountable and take ownership of assigned roles and responsibilities.

    High level of coordination, organization, planning, and prioritization of work, and management of one’s own time.

    Using critical thinking, logic, and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

    Ability to communicate effectively through both written and oral formats.

    Strong PC skills, with proficiency in Excel and Microsoft Office suite.

    The next step is yours. Email us your current resume along with the position you are considering to:

    (url removed)

  • 18 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Somerville, NJ FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 21 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Eatontown, NJ FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 21 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Cliffside Park, NJ FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 22 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Turnersville, NJ FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 23 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Newark, NJ PART_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • Just Posted

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Senior Data Architect
  • Clayton
  • About The Team This role will work within our Vanderbilt Mortgage & Finance business unit, consisting of the Origination...
  • 3/28/2024 12:00:00 AM

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Chief Financial Officer
  • Chesapeake Public Schools
  • Chesapeake, VA
  • Department: Superintendent’s Cabinet Pay Grade: A900 FLSA Status: Exempt Start Date: July 1, 2024. Interested candidates...
  • 3/28/2024 12:00:00 AM

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Table Funding Mortgage Underwriter
  • Wheeler Staffing Partners
  • Tampa, FL
  • Wheeler Staffing Partners is seeking a highly skilled and experienced Table Funding Mortgage Underwriter to join our cli...
  • 3/28/2024 12:00:00 AM

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Construction Project Manager
  • Brennan Investment Group
  • Rosemont, IL
  • Role: Construction Project Manager Location: Rosemont, IL (4 days onsite, 1 day date remote) Overview: We are looking fo...
  • 3/28/2024 12:00:00 AM

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Director of Real Estate
  • ELIA GROUP
  • Company Summary The Elia Group is a multi-faceted, fully integrated real estate and hospitality company which acquires, ...
  • 3/28/2024 12:00:00 AM

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Account Executive (Real Estate Lending)
  • Archwest Capital
  • Irvine, CA
  • Essential Functions Rigorously prospect for new business and maintain consistent follow up with various business purpose...
  • 3/28/2024 12:00:00 AM

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CRE Construction Loan Officer - Up to 175K - Newark, NJ - Job 3218
  • The Symicor Group
  • Newark, NJ
  • CRE Construction Loan Officer - Up to $175K - Newark, NJ - Job # 3218 Who We Are The Symicor Group is a boutique talent ...
  • 3/27/2024 12:00:00 AM

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Community Executive
  • Van Metre Companies
  • Ashburn, VA
  • At Van Metre, we believe that each employee contributes directly to our growth, success, and culture. We seek out candid...
  • 3/26/2024 12:00:00 AM

New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newark Bay, and the Arthur Kill); on the east by the Atlantic Ocean; on the southwest by Delaware across Delaware Bay; and on the west by Pennsylvania across the Delaware River. New Jersey is often broadly divided into three geographic regions: North Jersey, Central Jersey, and South Jersey. Some New Jersey residents do not consider Central Jersey a region in its own right, but others believe it is a separate geographic and cultural area from the Nor...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Construction Loan Officer jobs
$96,127 to $164,115

Construction Loan Officer in Bremerton, WA
Terry first of all, how long have you been in the lender business, and how many years total in the construction lending side of things.
January 16, 2020
Construction Loan Officer in Lubbock, TX
Construction loans are commonly sought both by individuals desiring to build a new home and by businesses seeking financing for income producing properties, such as warehouses, shopping centers, apartment housing, offices, or showroom space.
January 18, 2020
Construction Loan Officer in Petersburg, VA
But how do you know if the lender who you're going with is experienced? Well, there are some questions that you can ask your home construction lender to know if they're an experienced home construction lender or not.
December 17, 2019