Construction Loan Administrator

Also called: Draw Administrator

Releases money for building projects step by step, making sure the work is actually done before paying.

A day in the life

You review an inspector's photos of a half-built apartment complex, check the builder's invoices and approve this month's $2 million draw.

Pay over a career

Starting
$50k
Typical
$72k
High
$105k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance or construction management.

Ways in: 4-year college, On-the-job training. Training cost: $15k – $60k.

Majors to look at: Finance, Construction Management.

Outlook

Growing about average (about 3% over 10 years). Tracks loan officers.

Will it last? Our AI estimate

Medium risk for 10 years. AI checks draw requests and drone photos track progress; site judgment and handling disputes with builders still need people.

Start now, in high school

Classes: Construction trades CTE, Accounting, Drafting or CAD, Algebra II.

Official data: O*NET occupation 13-2072.

More Banking & Lending careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.