Construction Loan Coordinator

This is a fully remote position, open to applicants in United States.

📋 Description

• Manage the procedures for approving builders and construction permanent loans.

• Oversee the project approval processes related to construction to permanent loans.

• Create, document, and sustain administrative processes for construction to permanent loans, which include reviewing documents, contracts, budgets, plans, specifications, and CCRs for project approvals.

• Submit necessary documentation for Collateral Assessment Review.

• Collaborate with the processor to address any conditions.

• Provide documentation for builder acceptance.

• Evaluate builder reports for acceptance.

• Maintain an updated list of accepted builders.

• Establish construction to permanent loans within the construction department post-closing.

• Uphold service quality standards within the department.

• Cultivate and manage relationships with essential external customers and vendors, including technology providers, suppliers of construction materials, attorneys, inspectors, title companies, and builders.

• Adhere to established guidelines, policies, and procedures.

⛳️ Requirements

• A Bachelor's degree in a business or technology-related field, or a comparable combination of education and/or experience is preferred.

• A minimum of 3 years of experience in mortgage lending, particularly in construction lending, administration, processing, or underwriting is required.

• Preferred experience in onboarding and managing construction loan projects and third-party relationships.

• Ability to maintain and nurture positive relationships with clients and business partners.

• Timely completion of all assigned training is required.

• Proficient in professional communication, both verbally and in writing.

• Strong organizational, time management, and analytical skills are essential.

• Capable of effective communication and negotiation.

• Proven expertise in process evaluation, development, and monitoring.

• Familiarity with credit policies relevant to construction permanent and renovation loan programs.

• Strong understanding of construction project management and state lien laws is preferred.

• Knowledge of FHA underwriting guidelines is essential.

• Highly organized and detail-oriented.

• Ability to make informed business decisions with minimal oversight.

• Exceptional presentation skills.

• High capability to coach, train, motivate, and mentor team members.

• Able to work efficiently under pressure.

• Proficient in effective problem-solving.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health and wellness benefits.

• Opportunities for professional development and training.

• Supportive work environment with a focus on teamwork.