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)
BayCoast Mortgage is a fast growing Massachusetts company owned by BayCoast Bank, est. 1851. As a wholly owned subsidiary of a bank we have portfolio lending flexibility in addition to being a full-service lender serving the majority of the East Coast. We are committed to being one of the best workplaces in the industry. BayCoast offers a dynamic work environment and excellent opportunities for internal and professional development. We currently have a variety of rewarding career opportunities available in our Mortgage Department in Swansea, MA.
Available Positions:
Essential Mortgage Loan Originator Functions:
Minimum Qualifications:
Desired Skills & Experience
Competitive benefits, including:
MLO positions are commission based.
BayCoast Mortgage is an Equal Opportunity Employer. BayCoast Mortgage is a wholly owned subsidiary of BayCoast
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0 Construction Loan Officer jobs found in Brockton, MA area