HL Custom Construction Loan Coordinator - Stick

A GREAT PLACE TO WORK AND BANK

Join our team! 1st Security Bank team members deliver service that "WOWs" each other and our customers. We value relationships, teamwork, community, and professional growth in a safe, friendly, and progressive workplace. We celebrate diversity and support equality for all. If you share these core values and are committed to career excellence, let us help you reach your dreams!

If you are the type of individual that would enjoy working at one of the Puget Sound's Best Places to Work for 10 years in a row and focuseson providing an exceptional client experience, then 1st Security Bank is the place for you. 1st Security Bank was named a bronze medal winner in its class in the Puget Sound Business Journal's Best Workplaces contest in its first year nominated and is also consistently rated a 5 star Bank in Washington State by Bauer Financial, an independent bank rating firm.

POSITION SUMMARY:

We are a team who care deeply about our teammates, our clients, and the good of the bank. We have an amazing opportunity to help clients build their dream homes, which is very rewarding. There are many layers to our processes and time sensitive daily responsibilities. If you're ready for a great opportunity with challenge and an awesome team to work with, jump in and let's get started.

The successful applicant will start as soon as reasonably possible.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

• Review of stick built CCP packages, including cost breakdown, builder review, contract review, plans & specs, etc. Conduct initial review, work with branch to obtain any missing items and submit to NWCC for their review. Work collaboratively to assemble, organize, prepare, and review relevant documentation for submission of construction package to NWCC.
• Communicate results of NWCC review, collect additional recommended documents/information and either determine acceptability or re-submit to NWCC for final
  approval. Update file to reflect change orders, as needed.
• Post-closing, upon notification of loan closing, upload transaction data to Land Gorilla for Holdback.
• Set up and balance budgets in Land Gorilla for all projects. Maintain Land Gorilla files systematically and in accordance with established guidelines to ensure compliance for transfer of data to Encompass (API).
• Provide support to borrowers, builders, and teammates as required to ensure productive and efficient use of Land Gorilla software during the process of construction.
• Manage draw process, including review of draw requests, ensuring all signatures are obtained, ordering inspections, comparing results of inspection to draw request, ordering date downs, reconciling progress of funds, requesting checks/wires to distribute funds, communicating with all parties to the transaction.
• Monitoring progress of project to ensure project is on schedule to close on time and that there are adequate funds to complete the project. Maintain clear and accurate documentation on progress and disposition of files.
• Obtain necessary documentation to close out project upon completion, ie: final appraisal inspection, final building permit, occupancy cert, final lien search, final disbursement of construction funds, etc.
• Monitor and coordinate obtaining signed modification extensions when projects will not be completed in time to modify prior to the construction loan maturity date.
• Communicate extensions to Loan Ops prior to balloon notice being mailed to borrower.
• Maintain knowledge of FNMA, FHLMC, FHA, VA, USDA, and other correspondent investor guidelines.
• Maintain positive and productive relationships with other 1st Security Bank Departments and vendors involved with these programs, such as Loan Ops, Encompass Team, Funding, Underwriting, NWCC, etc.
• Represent 1st Security Bank professionally while providing a high level of customer service.
• Troubleshoot problems, including title issues, progress delays, unplanned change orders, etc, that arise during project approval, construction & modification.
• Communicate delays to management as appropriate.
• Field customer inquiries and respond with necessary information in a timely manner.
• Manage daily workflow expectations in line with production fluctuations and file quality initiatives provided by Operations and Production Managers.
• Review, assist, and comply with audit findings, compliance reviews, quality control findings, and other internal and external reviews related to construction file quality.
• Other duties as assigned.

BENEFITS AND PERKS

• Full medical, dental, and vision coverage for individual or family plan.
• Life insurance.
• Long-term disability insurance.
• 401K matching program.
• Paid sick and vacation time.

OUR CORE VALUES

• Relationship Driven - we strive to "WOW" (surprise, excite and delight) each other and our customers.
• Ethical - fair, honest and act with integrity.
• Lead by Example - maintain a positive attitude, show respect for others, and have some fun!
• Accountable - we take our responsibilities seriously and we meet our…