Job Title: Construction Lending Administrator
Position Summary
The Construction Lending Administrator is responsible for managing residential construction loans from closing through completion and conversion to permanent financing. This role requires strong organizational skills, attention to detail, and the ability to communicate effectively with builders, inspectors, loan officers, and borrowers to ensure a smooth lending process.
Key Responsibilities
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Review and maintain builder approval documentation.
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Serve as the main point of contact for builder draw requests.
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Order and track property inspections tied to construction draws.
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Calculate and release draw funds with 100% accuracy.
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Monitor loan progress and process extensions when projects are delayed.
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Coordinate loan modifications or conversions to permanent financing as homes near completion.
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Prepare and maintain reports on draw activity, inspections, and loan statuses.
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Ensure all activities comply with banking and regulatory requirements.
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Provide excellent customer service to builders, borrowers, and internal team members.
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Identify process improvements and support departmental projects as needed.
Qualifications
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Bachelor’s degree in business, finance, accounting, or related field preferred; equivalent work experience accepted.
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3–5 years of residential mortgage or construction lending experience.
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Strong math, analytical, and problem-solving skills.
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Excellent written and verbal communication skills.
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Proficiency in loan servicing or construction lending software, along with Microsoft Excel and Word.
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Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
