Construction & Renovation Coordinator

New American Funding
1d$26 - $32Remote

About The Position

Reporting to the Operations Manager of Renovation and Construction, the Coordinator is a subject matter expert responsible for the daily management and operational flow of NAF’s construction and renovation loan pipeline. This role is critical in ensuring a smooth, compliant, and efficient process from loan structuring through post-closing draw administration and final loan modification. The Coordinator will serve as a central point of contact for Loan Officers, Operations staff, builders, and borrowers.

Requirements

  • High School Diploma
  • Minimum 2 years Mortgage experience
  • Renovation and construction loan experience
  • Builder and Contractor Review experience
  • Attendance, promptness, professionalism, the ability to pay attention to detail, cooperativeness with co-workers and management, and excellent customer
  • Mortgage System and platform experience – Encompass, Ellie Mae, Etc.
  • Must be able to verify identity and employment eligibility to work in the U.S.

Responsibilities

  • Serve as the go-to resource for Loan Officers, providing expert guidance on structuring loans for all NAF Renovation and Construction products, including: Construction-to-Perm (One-Time and Two-Time Close): Conventional, FHA, USDA and VA OTC programs.
  • Renovation Loans: FHA, VA, USDA, and Conventional
  • Perform detailed reviews of all construction and renovation documents to verify that the information requested by the underwriter has been uploaded and is correct.
  • Scrutinize and validate all conditioned items prior to resubmission to Underwriting, ensuring readiness for condition clearance.
  • Communicate any discrepancies, errors, or missing documentation directly to the appropriate parties for correction via the "Renovation/Construction Review Form" tab in Encompass.
  • Act as the primary liaison with our third-party construction management company to obtain all required documentation for builder draw requests.
  • Clearly communicate draw fund disbursement requirements, procedures, and timelines to all builders to manage expectations and ensure a smooth funding process.
  • Partner with the Accounting department on all construction draw disbursements and the timely payment of any outstanding third-party invoices.
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