Construction Loan Specialist

MULTIPLI FEDERAL CREDIT UNIONJefferson City, MO
5d$20 - $31

About The Position

Role: Oversee the construction and draw process for all residential construction loans currently in progress.

Requirements

  • One year to three years of similar or related experience.
  • A high school education or GED.
  • Must have good communication skills.
  • Ten key calculator, typewriter, and keyboard skills.

Responsibilities

  • Receives, reviews and funds construction loan draw requests, confirming accuracy and completion of documentation received prior to disbursing funds.
  • Works closely with members and their builders, answering questions, fielding requests and providing overall guidance on the construction loan process.
  • Maintains accurate and complete records of all construction loans in progress including invoices, lien waivers, and progress inspection reports to ensure project is on track for final financing.
  • Reviews initial loan budget for completeness and feasibility and onboards new construction loans to construction management system once closed.
  • Processes approved construction loan modifications for extension and/or line of credit increases as needed.
  • Performs other related duties as assigned.
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