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)
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 have an unmatched Culture. Take Control of the Market and Grow your Business with PRMG
Service your Referral Partners with Confidence!
Work from your own private office centrally located on Oahu
Have the greatest Technology Stack in the industry
Close loans in 49 states
Offer In-house programs & broker capability
Access non-QM to include No Ratio, Stated Income & Bank Statement Programs
Leverage On Site local processing
Compete with the Best pricing in the Islands & across the nation
Honor all DU/ LP – eligible regardless of DTI (no overlays)
Close Conventional, FHA, VA & USDA & Non QM
Leverage Homestyle Renovation & FHA 203k
Offer Jumbo, Portfolio, Vacant lots & Construction loans
MCC participating lender
C& C Down payment participating lender
XINNIX Training Programs
MBS Highway
Total Expert CRM
Sales Boomerang
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