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Loan Processor-Construction

Date: Sep 15, 2022

Location: Atlanta, GA, US, 30328

Company: United Bank

Job Description

Loan administration of residential construction, commercial construction and land development loans. Ability to set up draw schedules and budget tracking using Excel workbooks based on Loan Presentation requirements. Understanding of AIA construction documents and the ability to identify and elevate out of balance budgets.
RESPONSIBILITIES:

  • Administer commercial real estate construction loan portfolio. Process loan advances and reductions, track insurance, quote payoff figures and apply interest payments.
  • Construction monitoring of both residential and commercial loans. Set up Excel workbooks with loan specific draw schedules.
  • Orders construction inspections and title bringdowns.
  • Reviews inspection reports and draw documents for accuracy and conformance with the budget and Loan Agreement and LLR.
  • Updates ledgers, budgets and the funding log.
  • Processes partial releases within 30 days of receipt of payment. Works with Title Company to obtain Partial Satisfaction Certificates.
  • Ability to Adhere to set deadlines such as 10-day turnaround time on all draw requests
  • Identify potential budget issues and make recommendations on resolution
  • Prepares quarterly Project Status Reports
  • Manage Loan Participation record keeping for both sold and bought loans.
  • Provide excellent customer service to both internal and external customers.

Qualifications

  • High School diploma or equivalent required
  • Minimum 2 years previous mortgage loan processing experience required
  • Proficiency in Microsoft Office Products required
  • Strong verbal and written communication skills.
  • Excellent customer service skills
  • Ability to multi-task, prioritize and demonstrate a tactful and professional demeanor in a fast-paced environment
  • Demonstrated ability to be a self-starter, conscientious and to work under the pressure of deadlines.

 

KEY COMPETENCIES:

  • Problem Solving
  • Time Management
  • Organization
  • Interpersonal and Customer Service Skills
  • Multi-tasking
  • Detail Oriented/Accuracy


Essential Functions: (Identify physical functions required to perform position, see examples below)

  • Sitting, standing and/or bending for extended periods of time.
  • Sufficient dexterity of hands and fingers to efficiently operate a computer keyboard, mouse, power tools, and other computer components.
  • Ability to converse and exchange information with all levels of staff within organization.
  • Ability to observe, perceive, identify, and translate data


Nearest Major Market: Atlanta

Job Segment: Loan, Real Estate, Mortgage, Administrative Assistant, Finance, Sales, Administrative