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)
First Equity is a private lending institution specializing in loan programs for real estate investors. Our loan programs provide quick, easy financing solutions that allow investors to grow their real estate portfolio. We are revolutionizing the lending industry by providing borrowers with an alternative to traditional lending options. As we continue to expand our operations, we are seeking an experienced and driven Loan Officer to join our dynamic team.
Position: Loan Officer
Location: Sea Girt, NJ
Employment Type: Full-time
Benefits:
Join our team and be part of a company that is reshaping the lending landscape. If you have a passion for real estate finance and a drive to succeed, we want to hear from you.
We look forward to reviewing your application.
Note: Only shortlisted candidates will be contacted for an interview.
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