Construction Loan Specialist

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Mortgage Operations Full Time Clerical Waynesboro, VA, US

Salary Range: $29.16 To $34.31 Hourly

Construction Loan Specialist

We are looking for a Construction Loan Specialist to join our Mortgage and Commercial teams!

Please note this role is on-site at our Waynesboro, VA location.

DuPont Community Credit Union (DCCU) is currently seeking qualified candidates for a highly motivated, career-oriented individual for a Construction Loan Specialist position with the Mortgage and Commercial teams.

What You’ll bring to the Table

• Serve as the primary point of contact for members, contractors, inspectors, and internal teams, providing timely updates and resolving issues throughout the construction life cycle.
• Collaborate with Mortgage/Commercial Advisors during the initial stages of loan origination to ensure the construction project adheres to DCCU policy and guidelines/procedures.
• Guide and support consumer mortgage and business members through the construction process, including construction‑to‑permanent loan structures, draw schedules, interest‑only periods, and permanent loan conversion requirements.
• Maintain complete and accurate loan files from the time of closing through conversion-to-permanent financing.
• Manage draw requests by reviewing invoices, conducting or coordinating inspections, and verifying progress against approved budgets.
• Coordinate approval of draw requests with Mortgage/Commercial underwriting, or as otherwise directed.
• Coordinate approved draw disbursements with Mortgage/Commercial processing, as applicable.
• Monitor project timelines, borrower equity injections, and adherence to approved plans.
• Identify and escalation potential risks such as delays, cost overruns, or contractor issues.
• Track loan performance, interest billing, and project milestones throughout the construction phase.
• Oversee the transition of construction‑to‑permanent loans into the permanent financing phase, ensuring all conditions are satisfied.
• Ensure that lien waiver forms and title policy endorsements are complete and acceptable.
• Maintain working knowledge of computer systems (core and applicable Loan Operating System) to maintenance loan records as needed.

What We Bring to the Table

• Meaningful work that is highly impactful to the membership and community.
• Opportunities for development and career growth.
• Excellent working conditions, work hours, and work‑life balance.
• Community involvement opportunities.
• Compensation and benefits:

DuPont Community Credit Union offers a competitive starting hourly range of $29.16 to $34.31 in addition to an excellent benefits package including medical and dental insurance, life and disability insurance, pension plan, 401k with employer match, and generous paid time off. Starting salary placement in the range will be determined based on the candidate’s experience, qualifications, and skills.

Who We Are

Founded in 1959, DCCU isa financial leader in the Shenandoah Valley, currently serving over 123,000 members, with over $2.0 Billion in assets. At DCCU, we go beyond transactions and truly want to help our members achieve financial success by aligning them with the right products and services to help make a difference in their lives. This is a great opportunity to join a well-respected and growing financial institution offering meaningful work that impacts our community.

At DuPont Community Credit Union our goal is to be a diverse workforce that is representative, at all job levels, of the community we serve. We are an equal opportunity/affirmative action employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to sex, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.