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Michigan Construction Loan Officer Salaries
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Click to view salary reports for cities in Michigan or nearby states
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Job Description
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Construction Loan Officer
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Responsible for soliciting and servicing construction loans. Interviews applicants and recommends approval of customer applications for construction loans. Analyzes applicant financial status and credit to determine feasibility of granting loan. Approves loan within established limits or refers to loan to loan committee for approval. Verifies loan agreements are complete and accurate according to policy. Requires a bachelor's degree in area of specialty and 1-3 years of experience in the field or in a related area. Familiar with standard concepts, practices, and procedures within a particular field. Relies on limited experience and judgment to plan and accomplish goals. Performs a variety of tasks. A certain degree of creativity and latitude is required. Typically reports to a manager.
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