Construction and Renovation Post-Closer

Workway, Inc. • Allen, TX

3d

About The Position

The Construction & Renovation Loan Post-Closing Specialist is responsible for managing post-closing documentation and administrative activities for residential construction and renovation mortgage loans. The Construction & Renovation Post-Closer is responsible for below specific duties. Your specific duties will include: Manage post-closing activities for construction and renovation mortgage loans from closing through completion. Process and track loan modifications, including preparation, review, execution, recording and system updates. Coordinate with title companies to obtain title updates, endorsements and other required documentation. Review title updates for liens, encumbrances and other issues that could affect the lender's lien position. Obtain and track lien releases, waivers and other documentation related to contractors, subcontractors and suppliers. Confirm that the lender's lien position remains properly protected following loan modifications and completion of renovation work. Maintain accurate records of all post-closing conditions, outstanding documentation and required follow-up. Track construction and renovation loans through final completion and ensure all required documentation is received. Coordinate completion documentation, including final inspection reports, completion certifications, certificates of occupancy and other applicable documents. Coordinate with internal teams regarding final draws, remaining renovation funds and completion requirements.

Requirements

• 2+ years of residential mortgage experience, preferably in post-closing, closing, loan servicing, construction lending or renovation lending.
• Experience reviewing mortgage loan documents and title documentation.
• Understanding of deeds of trust/mortgages, title policies, endorsements, lien releases and loan modification documents.
• Strong attention to detail and ability to identify discrepancies or missing documentation.
• Strong organizational and follow-up skills.

Nice To Haves

• Construction-to-permanent mortgage lending.
• Renovation mortgage products such as FHA 203(k), Client HomeStyle or similar programs.
• Experience with loan modifications.
• Experience working directly with title companies and settlement agents.

Responsibilities

• Manage post-closing activities for construction and renovation mortgage loans from closing through completion.
• Process and track loan modifications, including preparation, review, execution, recording and system updates.
• Coordinate with title companies to obtain title updates, endorsements and other required documentation.
• Review title updates for liens, encumbrances and other issues that could affect the lender's lien position.
• Obtain and track lien releases, waivers and other documentation related to contractors, subcontractors and suppliers.
• Confirm that the lender's lien position remains properly protected following loan modifications and completion of renovation work.
• Maintain accurate records of all post-closing conditions, outstanding documentation and required follow-up.
• Track construction and renovation loans through final completion and ensure all required documentation is received.
• Coordinate completion documentation, including final inspection reports, completion certifications, certificates of occupancy and other applicable documents.
• Coordinate with internal teams regarding final draws, remaining renovation funds and completion requirements.

Benefits

• healthcare benefits, including medical, dental, and vision
• a 401(k) plan

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed