Mortgage Loan Construction Administrator; MORTG
Listed on 2025-12-31
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Finance & Banking
Loan Servicing, Accounting & Finance
Mortgage Loan Construction Administrator (MORTG
012958)
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The Mortgage Loan Construction Admin establishes and maintains
construction loan accounts and administers construction loan draws. This
position performs the builder approval process and builder setup. The
Mortgage Loan Construction Admin supports clients and builders with the
construction loan and the modification process through the closing of
the secondary market loan.
** ESSENTIAL DUTIES AND RESPONSIBILITIES*
* 1 Monitor and provide approval of Construction Perm loans before and
s duty is performed daily, about 10% of the time.
2 Process pre-closing on construction loans by reviewing documents
such as construction contracts, plans, specs, site plans, title work,
Construction and Repair forms, etc. This duty is performed daily, about
10% of the time.
3 Review and file recorded documents for accuracy after closing. This
duty is performed weekly, about 5% of the time.
4 Create a full work up of inspections of property throughout the
construction phase. This duty is performed daily, about 15% of the time.
5 Approve documents such as Builders Risk, Builder Liability, Flood
Insurance, Notice to Owners, Lien Waivers, Notice of Commencements,
Foundation Surveys, etc. This duty is performed daily, about 10% of the
time.
6 Process final draws and facilitate modifications. This duty is
performed daily, about 5% of the time.
7 Utilize reports and data to monitor workload and loan status. This
duty is performed daily, about 15% of the time.
8 Oversee the extension of Notice of Commencements. This duty is
performed weekly, about 5% of the time.
9 Process extensions of the interest-only term of Construction Perm
loans. This duty is performed monthly, about 5% of the time.
10 Provide support to the Home Builder Approval Program. This duty is
performed quarterly, about 5% of the time.
11 Collaborate with Borrowers and Builders about inquiries. This duty
is performed daily, about 5% of the time.
12 Monitor past due Construction Perm loans. This duty is performed
weekly, about 5% of the time.
13 Maintain confidentiality. This duty is performed daily.
14 The ability to work in a constant state of alertness and in a safe
manner. This duty is performed daily.
15 Completes required BSA/AML training and other compliance training
as assigned. This duty is performed quarterly.
16 Perform any other related duties as required or assigned.
** QUALIFICATIONS*
* To perform this job successfully, an individual must be able to perform
Each Essential Duty Mentioned Satisfactorily. The Requirements Listed
below are representative of the knowledge, skill, and/or ability
required.
** EDUCATION AND EXPERIENCE*
* Broad knowledge of such fields as accounting, marketing, business
administration, finance, etc. Equivalent to a four-year college degree,
plus 5 years related experience and/or training, and 2 years related
management experience, or equivalent combination of education and
experience.
** COMMUNICATION SKILLS*
* Ability to effectively communicate information and respond to questions
in person-to-person and small group situations with customers, clients,
general public and other employees of the organization.
** MATHEMATICAL SKILLS*
* Ability to calculate figures and amounts such as discounts, interest,
commissions, proportions, percentages, area, circumference, and volume.
Ability to apply concepts such as fractions, ratios, and proportions to
practical situations.
** CRITICAL THINKING SKILLS*
* Ability to solve practical problems and deal with a variety of known
variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written,
oral, or diagram formats.
** REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS*
* Not indicated.
** PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS*
* Notary
** SOFTWARE SKILLS REQUIRED*
* Mastery: 10-Key, Alphanumeric Data Entry
Advanced:
Word Processing/Typing
Intermediate:
Accounting,…
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