Construction Draw
2 weeks ago
A Construction Draw and Loan Servicing Specialist processes, tracks, posts, and maintains files on individual construction loans. This role also provides general administrative support to the Loan Officers in a professional office/client service environment.
The ideal candidate is highly organized, detail oriented, and provides exceptional customer service. Experience in the construction or mortgage industry is a plus.
This is an on-site role in Idaho Falls.
A Construction Loan and Support Specialist's Day would generally look like but is not limited to;
ESSENTIAL DUTIES AND RESPONSIBILITIES :
- Monitoring emails for client's questions and construction activities.
- Input and setup of new budgets into the Construction platform for Commercial and Mortgage.
- Managing the draw requests and following up with clients and General Contractors for any missing information or incomplete documentation.
- Ordering inspections.
- Reviewing clients' draws for accuracy and compliance.
- Draw funding.
- Managing the final draws (ordering inspections, re-certifications of values, requesting required documentation from Builder/Borrower to process final draw).
- Managing upcoming construction term expirations. Work with the client and builder to process construction term extensions and or modifications for the permanent phase.
- Provide construction project status reporting to upper management.
- Performing general clerical duties including data entry, boarding new loans to the core accounting system, escrow servicing, filing, loan payment processing, payoff letters, management of loan files.
- Other duties as assigned.
Desired Qualifications:
•Strong written and verbal communication skills.
•Loan servicing experience
•Construction loan administrator experience a plus.
- Quick learner and adapt to new processes and procedures.
- Technologically-savvy including but not limited to Adobe, Microsoft 365, Coe-banking software and other software platforms.
- Strong work ethic, attention to detail, and resourceful.
- Capable of working independently and as a member of a team.
- Ability to work under pressure and meet deadlines.
- Ability to work full time, 40 hours per week
- Ability to work additional hours if there is a business need
- Standing occasionally, 33%-65% per day
To fulfill your essential job responsibilities, you must meet these physical requirements.
The above-mentioned job description is not intended to describe, in detail, the multitude of tasks that may be assigned but rather to give the employee a general sense of the responsibilities and expectations of his/her position. As the nature of business demands change so, too, may the essential functions of this position.
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