Construction Loan Officer jobs in Mobile, AL

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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Loan officer
  • Lennar Mortgage
  • Daphne, AL FULL_TIME
  • Overview

    Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life.

    At Lennar Mortgage, you’ll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation.

    Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services.

    CB#LI-AL1

    Responsibilities

    The Loan Officer Associate (LOA) assists branch Loan Officers (LOs) while growing into a Loan Officer position. The LOA will complete various on-line and classroom educational sessions while receiving operational training by assisting the LOs with loan application procedures.

    • Prepare loan application documents based on applications
    • Photocopy and scan documents into Loan Operating System during and after loan application
    • Shadow LO to understand both the pre-qualification process and the essentials of taking accurate loan applications
    • Update the loan application with any missing data, i.e., lot number, address, plan type, incentive, delivery time, etc
    • Communicate with the borrowers or processing as needed / requested by Loan Officer or Division Manager
    • Assist processors and closers in procuring loan documents from borrowers and other entities as needed / requested by LOs
    • Attend and complete on-going training in preparation for an LO position through the Lennar Mortgage Training Course Catalogue
    • Apply and successfully complete testing for mortgage licensing and appropriate state licensing as needed. Multiple state licenses may be required depending on location
    • Maintain notes within origination computer system to ensure complete exchange of information regarding loan applications, loan status, conversations with customers, underwriting and lock-in information
    • Occasionally provide initial set up of the file i.e. order title, etc
    • Participate in builder and realtor functions, phase releases, grand openings, phone banks, special events, etc., to develop and maintain relationships
    • Work with Division Manager and Loan Officers on local marketing campaigns utilizing Mortgage Returns, lennarmortgage.com leads, etc

    Qualifications

    • Four-year college degree (preferred)
    • Strong sales and customer service abilities
    • Attention to detail and excellent organizational skills
    • Valid driver’s license and dependable transportation

    Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

    Life at Lennar!

    Lennar associates will be eligible for many benefits in accordance with Lennar’s policies and applicable plan terms, including :

    • Health Insurance - Medical, Dental & Vision
    • Vacation up to 3 weeks of vacation per year upon hire
    • Holidays, Sick Leave, & Personal Days
    • 401(k) Savings Plan with company match
    • Paid Maternity & Bonding Leave
    • New Hire Referral Bonus Program
    • Home Purchase Discount for Associates
    • Associate Assistance Plan
    • Everyone’s Included Day
    • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.

    Type

    Regular Full-Time

    Last updated : 2024-04-23

  • 15 Days Ago

A
Loan Officer
  • Advance Mortgage and Investment Company, LLC
  • Daphne, AL FULL_TIME
  • About usWe are professional, customer-centric, creative and our goal is to give you the opportunity to make more money than you ever though possible, while allowing you to maintain a healthy work/life...
  • 2 Months Ago

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Mortgage Loan Officer
  • MERCHANTS & MARINE BANK
  • Mobile, AL OTHER
  • Job Details Job Location: West Mobile - Mobile, AL Salary Range: Undisclosed DescriptionCanvas Mortgage - A Division of Merchants & Marine Bank Canvas Mortgage, a division of Merchants & Marine Bank, ...
  • 3 Days Ago

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Loan Officer - 008838
  • University of South Alabama
  • Mobile, AL FULL_TIME
  • Minimum Qualifications High school diploma or equivalent and two years of lending experience. Preferred Qualifications Job Description Summary Essential Functions These are the job duties required of ...
  • 1 Month Ago

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Loan Officer Assistant (Pensacola)
  • TEKsystems
  • Robertsdale, AL FULL_TIME
  • TEKsystems is currently searching for qualified candidates for a Loan Officer Assistant position with a Fortune 100 Company in the Pensacola area. This will be a fully onsite role in Pensacola, FL for...
  • 22 Days Ago

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Loan Officer Associate
  • Lennar Corporation
  • Daphne, AL FULL_TIME
  • Loan Officer AssociateUS-AL-DaphneJob ID: 2024-32019Type: Regular Full-Time# of Openings: 1Category: MortgageLENMORT - Daphne, AL 36526OverviewLennar Mortgage is centered around personal growth, innov...
  • 2 Months Ago

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0 Construction Loan Officer jobs found in Mobile, AL area

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Associate Financial Representative
  • Modern Woodmen of America
  • Mobile, AL
  • Overview The Modern Woodmen – Mobile office is seeking a motivated and driven individual to join our team as an Associat...
  • 5/9/2024 12:00:00 AM

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Financial service representative
  • The Mitchell Agencies
  • Mobile, AL
  • Are you looking to start a career? Do you want a six-figure income with unlimited growth potential? At The Mitchell Agen...
  • 5/9/2024 12:00:00 AM

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QUALITY ASSURANCE SPEC (SHIPBUILDING)
  • Naval Sea Systems Command
  • Mobile, AL
  • Summary You will serve as a QUALITY ASSURANCE SPECIALIST (SHIPBUILDING) in the Quality Assurance Department of SUPSHIP G...
  • 5/8/2024 12:00:00 AM

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Mortgage Loan Originator
  • DR Horton
  • Spanish Fort, AL
  • D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New ...
  • 5/8/2024 12:00:00 AM

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Senior Stress Engineer
  • Raytheon Technologies
  • Foley, AL
  • Date Posted: 2024-02-23 Country: United States of America Location: HAL02: Aerostructures-Foley 1300 West Fern Ave, Fole...
  • 5/7/2024 12:00:00 AM

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Financial Advisor
  • Prudential Financial
  • Mobile, AL
  • We are looking for Experienced Advisors to join our Team at Southern Financial Group! You've built a successful practice...
  • 5/7/2024 12:00:00 AM

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Director of Finance | Mobile Convention Center
  • Oak View Group
  • Mobile, AL
  • Overview: Utilizing independent judgment, the Director of Finance is primarily responsible for overseeing all aspects of...
  • 5/7/2024 12:00:00 AM

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Escrow Assistant
  • DR Horton
  • Spanish Fort, AL
  • D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New ...
  • 5/6/2024 12:00:00 AM

Mobile (/moʊˈbiːl/ moh-BEEL; French pronunciation: ​[mɔ.bil]) is the county seat of Mobile County, Alabama, United States. The population within the city limits was 195,111 as of the 2010 United States Census, making it the third most populous city in Alabama, the most populous in Mobile County, and the largest municipality on the Gulf Coast between New Orleans, Louisiana, and St. Petersburg, Florida. Alabama's only saltwater port, Mobile is located on the Mobile River at the head of the Mobile Bay and the north-central Gulf Coast. The Port of Mobile has always played a key role in the economi...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Construction Loan Officer jobs
$80,803 to $137,952
Mobile, Alabama area prices
were up 1.3% from a year ago

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Your local bank, if they do offer home construction loans, might be able to offer you a better rate.
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All loan officers must have a clear understanding of the bank’s loan policies.
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There are various types of construction loans, including consumer lot loans that are advanced first for the purchase of land and then transferred to a permanent loan for the building construction, and commercial construction loans for the expanding business and residential construction loans.
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