Construction Lending Administrator
Cornerstone Home Lending•,
•$60,000 - $65,000
About The Position
Cornerstone Home Lending is seeking a motivated individual to join our construction lending team! This individual will work with our construction lending department to communicate with borrowers when project is near 80% complete through the modification process from construction to permanent phase of the loan when construction is complete.
Requirements
- HS Diploma or equivalent
- Microsoft Products (Excel, Word, Outlook)
- Comply with all applicable laws and regulations related to mortgage lending.
- Solid analytical skills with the ability to exercise prudent judgment
- Exceptional organization and time management a must
- Comfortable being a team player
- Strong interpersonal skills in addition to verbal/written communication
- Ability to work through stressful situations professionally
- Attention to detail
Responsibilities
- Notify borrowers insurance to be in place prior to final draw and what to expect when time for final draw.
- Requesting Evidence of Insurance
- Balancing final loan numbers for construction funds and fees.
- Notifying and working with LO’s to complete the float down process
- Updating spreadsheet with daily tasks completed
- Balancing all loans with draws to weekly servicing spreadsheet
- Requesting final transactions for balancing with accounting
- Tracking modification process from final draw processed to executed modification recorded
Benefits
- competitive salary
- full benefits package
- potential for a performance-based bonus
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
