Texas or Arkansas On-site

Community Bank (My100 Bank) is hiring a Mortgage Loan Construction Administrator

Responsibilities

  • Approve Construction Perm loans prior to and during closing, performed daily and accounts for approximately 10% of time.
  • Review and process pre-closing documentation for construction loans, including contracts, plans, specifications, title reports, and repair forms, completed daily and takes about 10% of time.
  • Verify and file recorded documents for correctness after loan closing, conducted weekly and occupies around 5% of time.
  • Develop detailed inspection records for properties during construction, performed daily and takes up about 15% of time.
  • Authorize key documents such as Builders Risk insurance, Builder Liability, Flood Insurance, Notice to Owners, Lien Waivers, Notice of Commencement, and Foundation Surveys, done daily and accounts for 10% of time.
  • Manage final draw disbursements and assist with loan modifications, completed daily and represents about 5% of time.
  • Use data and reports to track loan progress and manage workload, performed daily and takes approximately 15% of time.
  • Supervise the issuance and extension of Notices of Commencement, handled weekly and takes about 5% of time.
  • Process extensions for the interest-only period on Construction Perm loans, completed monthly and accounts for 5% of time.
  • Support the Home Builder Approval Program, performed quarterly and takes about 5% of time.
  • Respond to inquiries from borrowers and builders, conducted daily and occupies around 5% of time.
  • Track and follow up on past due Construction Perm loans, performed weekly and takes about 5% of time.
  • Maintain strict confidentiality of sensitive information, required daily.
  • Remain consistently alert and operate safely during daily work activities.
  • Complete mandatory BSA/AML and other assigned compliance training, performed quarterly.
  • Carry out additional related duties as assigned or required.

Work Arrangement

On-site

Other

  • Standard office environment with controlled temperatures, low noise levels, and minimal distractions.
  • Work setting typically has a moderate noise level.
  • Frequent sitting, handling, reaching, speaking, and hearing; occasional walking; rare standing, stooping, kneeling, crouching, or crawling. Regularly requires lifting or moving items up to 10 pounds. Close vision is essential.
Required Skills
AccountingMarketingCommunicationProblem SolvingManagement
Job Details
Department Finance and Accounting
Category other
Posted 3 months ago

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