Construction Loan Officer jobs in Philadelphia, PA

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
  • 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 have an unmatched Culture.  We look forward to helping you succeed as an Originator.  

    Responsibilities

    Essential Job Functions:

    • Organization: Develops and implements strategies, satisfying customer needs through a full array of products and services.
    • Coordination: Uses judgment and discretion to ensure uninterrupted flow of business.
    • Communication: Communicates well verbally and in writing with co-workers and customers acting as liaison between customer and Company’s internal departments to ensure cohesive business flow.
    • Equipment: Uses such office equipment as computer terminals, copiers, and FAX machines.
    • Physical: Sits and stands for extended time periods. Hearing and vision within normal ranges. Must devote substantially more than 50 percent of working hours outside of any Company office, home office, and any other fixed site, meeting with customers and potential customers seeking residential mortgage financing.

     

    Responsibilities:

    • Verifies, compiles, and inputs application information for mortgage loans.
    • Discuss and advise the client of their home loan options.
    • Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage applied for, including but not limited to borrower assets, liabilities, and length of employment.
    • Informs supervisor of discrepancies in title or survey.
    • Performs other related duties as assigned.
    • Current, valid NMLS license or appointment in good standing.

    Qualifications

    • Must have applicable state licensing. 
    • Two to five years’ experience are preferred. 
    • Must also meet one of the following 3 options:
    • Actively funding more than 2 loans/month, or
    • Xinnix Training completion for Loan Origination required, or
    • Origination mentor assigned to new Loan Officer by branch who funds more than 2 loans/month (see PRMG Loan Officer Mentor Agreement).

     

    Skills:

    • Ability to make sound judgments on the resolution of service, credit decision, funding, and post-close issues.
    • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative.
    • Ability to handle detailed assignments and maintain confidentiality.
    • Excellent communication and interpersonal skills.
    • Organizational skills necessary to prioritize workload and delegate responsibility.

     

     

    Travel:

    • May be required.

    Min

    USD $0.00/Yr.

    Max

    USD $250,000.00/Yr.
  • 1 Month Ago

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Mortgage Loan Officer
  • autoMHatic Financial
  • Wayne, PA FULL_TIME
  • The Mortgage Loan Officer’s primary task is to communicate with borrowers to secure the details and commitment of a loan for a new or used Manufactured Housing (MH) home loan. The MLO duties will incl...
  • 18 Days Ago

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Mortgage Loan Officer
  • American Financial Network, Inc.
  • Philadelphia, PA FULL_TIME
  • Company Description American Financial Network Inc is a fast-growing mortgage banking firm that is dedicated to "Financing the American Dream. With over one hundred branches across the United States, ...
  • 20 Days Ago

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Mortgage Loan Officer
  • Tammac Holdings Corporation
  • Wayne, PA FULL_TIME
  • The Mortgage Loan Officer’s primary task is to communicate with borrowers to secure the details and commitment of a loan for a new or used Manufactured Housing (MH) home loan. The MLO duties will incl...
  • 21 Days Ago

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Loan Officer - Consumer Direct
  • E Mortgage Management
  • Cherry Hill, NJ FULL_TIME
  • EMM LOANS LLC (EMM) has over 75yrs of combined experience in all aspects of residential mortgage lending. EMM is a licensed mortgage bank in over 37 states, is a directly endorsed lender with HUD-FHA,...
  • Just Posted

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Loan officer assistant
  • New American Funding
  • Lansdale, PA FULL_TIME
  • Overview Position : Loan Officer Assistant (Bilingual spanish a plus) Location : Lansdale, PA Pay : up to 52K Bonuses benefits. Position Summary : The Loan Officer Assistant (LOA) works directly with ...
  • 1 Day Ago

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0 Construction Loan Officer jobs found in Philadelphia, PA area

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On-Campus Operations Manager (Space Planning & Operations)
  • The University of Pennsylvania
  • Philadelphia, PA
  • University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned le...
  • 4/26/2024 12:00:00 AM

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Contract Coordinator
  • The University of Pennsylvania
  • Philadelphia, PA
  • University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned le...
  • 4/26/2024 12:00:00 AM

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Director of Academic Operations - Office of Academic Services - Penn Engineering
  • The University of Pennsylvania
  • Philadelphia, PA
  • University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned le...
  • 4/26/2024 12:00:00 AM

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Finance Coordinator
  • NewLane Finance
  • Philadelphia, PA
  • NewLane Finance Company (“NewLane”) is a commercial equipment finance company, serving small and mid-size businesses nat...
  • 4/25/2024 12:00:00 AM

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Water Engineering Assistant Manager (Operations)
  • City of Philadelphia
  • Philadelphia, PA
  • Announcement Details Exam Announcement Details Exam Title Water Engineering Assistant Manager (Operations) Exam Number 3...
  • 4/25/2024 12:00:00 AM

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Portfolio Manager - Commercial Real Estate
  • Firstrust Bank
  • Conshohocken, PA
  • Objective: The primary responsibilities of the Commercial Real Estate Portfolio Manager are to properly evaluate existin...
  • 4/24/2024 12:00:00 AM

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Assistant Divisional Creative Arts Director and Special Events Coordinator
  • The Salvation Army Eastern Territory
  • Philadelphia, PA
  • Overview: Position: Assistant Divisional Creative Arts Director and Special Events Coordinator Department: DHQ Music and...
  • 4/22/2024 12:00:00 AM

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Accountant/Financial Analyst
  • The University of Pennsylvania
  • Philadelphia, PA
  • University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned le...
  • 4/22/2024 12:00:00 AM

Philadelphia, sometimes known colloquially as Philly, is the largest city in the U.S. state and Commonwealth of Pennsylvania, and the sixth-most populous U.S. city, with a 2017 census-estimated population of 1,580,863. Since 1854, the city has been coterminous with Philadelphia County, the most populous county in Pennsylvania and the urban core of the eighth-largest U.S. metropolitan statistical area, with over 6 million residents as of 2017[update]. Philadelphia is also the economic and cultural anchor of the greater Delaware Valley, located along the lower Delaware and Schuylkill Rivers, wit...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Construction Loan Officer jobs
$92,427 to $157,797
Philadelphia, Pennsylvania area prices
were up 1.0% from a year ago

Construction Loan Officer in Raleigh, NC
Your local bank, if they do offer home construction loans, might be able to offer you a better rate.
February 18, 2020
Construction Loan Officer in Huntington, WV
All loan officers must have a clear understanding of the bank’s loan policies.
January 22, 2020
Construction Loan Officer in Great Falls, MT
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.
January 09, 2020