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Draws Coordinator

Job in Tampa, Hillsborough County, Florida, 33646, USA
Listing for: Merchants Mortgage & Trust Corporation
Full Time, Part Time position
Listed on 2026-09-17
Job specializations:
  • Finance & Banking
    Loan Servicing
Salary/Wage Range or Industry Benchmark: 32000 - 42000 USD Yearly USD 32000.00 42000.00 YEAR
Job Description & How to Apply Below

Draws Coordinator (Entry-Level)

Department: Draws — Merchants Mortgage & Trust Corporation (MMTC)

Location: Denver (DTC), CO | Tampa, FL |

Schedule: In-office 3 days/week minimum; 5 days/week preferred

Status: Full-Time

About the Role

MMTC is a commercial-purpose-only lender specializing in fix-and-flip, multi-family, and ground-up construction financing. The Draws Department manages construction and rehab loan disbursements across MMTC's portfolio, ensuring accurate, timely fund releases tied to project progress and inspection results.

This entry-level role supports the department's core draw processing and borrower-service functions, working alongside inspection review and draw disbursement staff. It's an opportunity to build a foundation in construction loan servicing within a growing department central to the company's Draws Management initiative.

Job Responsibilities
  • Process incoming draw requests: intake, documentation review, and data entry into cloud-based loan servicing systems
  • Communicate directly with borrowers and contractors by phone and email in a professional, customer service-focused manner regarding draw status, required documentation, and disbursement timing
  • Review and organize draw packages, inspection reports, lien waivers, and related documents (PDF/Adobe Pro, Office 365)
  • Track multiple loans and draw requests simultaneously across a shared queue, prioritizing by deadline and loan status
  • Coordinate with inspection reviewers and disbursement staff to keep draws moving through the approval pipeline
  • Maintain accurate, audit-ready records within the loan origination/servicing system
  • Escalate exceptions, delays, or borrower disputes to senior Draws staff as needed
Required

Skills & Qualifications
  • Basic computer proficiency; comfortable operating in a cloud-based environment across browser- and app-based platforms and multiple OS types
  • Working knowledge of Office 365 and Adobe Acrobat Pro
  • Strong multi-tasking ability — comfortable managing a high-volume queue of concurrent loan files
  • Excellent verbal and written communication skills with customer-service orientation
  • Must be available to work in-office as required by management, such as a minimum of 3 days per week (5 preferred)
  • High school diploma or equivalent required; college coursework in finance, business, or a related field a plus
  • Prior experience in mortgage servicing, construction lending, or customer service preferred but not required
  • Must be legally authorized to work in the United States.
  • Background check and credit review required as a condition of employment.
What Success Looks Like
  • Draws are processed accurately and within department turnaround targets
  • Borrowers and contractors receive clear, timely, professional communication
  • Documentation is complete, well-organized, and audit-ready
  • Able to ramp up on multiple loan files without dropping deadlines

Equal Opportunity Employer

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Short Term & Long Term Disability
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