Construction Account Manager

Palm Harbor Homes•Plano, TX

7h•Onsite

About The Position

CountryPlace Mortgage, a nationwide personal property, mortgage, and commercial lender headquartered in Plano, Texas, is seeking a Construction Account Manager for its Construction Department. This is an in-person position based in the Plano office. The role sets up construction loans in construction funding software, validates project completion milestones with builders before loan closing, and follows up on milestones through project completion and sale of the loan to the end investor. The Construction Account Manager manages construction-to-permanent mortgage loans from closing through construction, final funding, modification, and loan insurance. The role coordinates draw disbursements and project deadlines, reviews project and loan documentation, communicates with borrowers and industry partners, and supports loan modification, completion, and investor or government-insurance requirements.

Requirements

Bachelor of Arts or Bachelor of Science degree in Business, Accounting, Finance, or Management.
Working knowledge of Microsoft Office and a financial calculator.
Superior analytical skills.
Excellent verbal and written communication skills.
Strong organizational and project management skills to balance portfolio management and deal execution responsibilities.
Interpersonal skills to collaborate with teammates, plants, senior management, and clients.
Strong work ethic and ability to meet deadlines while multitasking.
Ability to identify and resolve problems in a timely manner.
Effective decision-making, customer service, and problem-solving skills.
Strong attention to detail and accuracy.
Ability to work effectively in a team environment.
Authorization to work for any employer in the United States; employer visa sponsorship is not available.
Local candidates only; relocation is not available.

Responsibilities

Manage construction-to-permanent mortgage loans from closing through the construction period, final funding, modification, and insuring through FHA, VA, USDA, or private mortgage insurance.
Facilitate construction home loan projects at various stages by establishing deadlines and follow-up schedules and ensuring timely disbursement of funds.
Evaluate appraisals, title commitments, state and local requirements, and loan terms to establish contractor conditions lists for draws and final funding.
Obtain lien waivers and borrower authorizations for draw disbursements.
Review final surveys to validate that improvements, easements, and setback requirements meet property CC&Rs and investor guidelines.
Communicate construction progress with builders, contractors, loan officers, and borrowers, and resolve issues with internal and external teams.
Review conditions for relevance and accuracy, communicate results, and identify necessary corrective actions.
Evaluate draw requests for budget issues and process draws for improvements and vendor services.
Onboard and activate construction projects in the Built/Loan Administration System.
Monitor draw limits and maintain holdback requirements.
Monitor construction interest overruns and rate expirations.
Order and approve loan modifications, coordinate signings, and ensure agreements are recorded with the appropriate counties.
Coordinate with title companies to obtain required endorsements after project completion.
Quality-review loan documents and submit them to FHA, VA, USDA, and the end investor for insuring purposes.
Meet and exceed individual, team, and department objectives.
Perform other duties and special projects as assigned.