Please scroll down, To apply

Construction Loan and Draw Disbursement Specialist

hiring now

MTG Services

2021-12-03 07:32:07

Job location Denver, Colorado, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Come join our team!

MTG Services is management consulting company and direct hire placement agency that works with dozens of top mortgage lenders in the country.

We have been engaged to help our clients actively recruit experienced renovation and construction draw specialists with direct experience managing the draw administration tasks associated with construction and renovation loans. Tasks include reviewing construction contracts, vetting contractors, ensuring working completion dates are followed, and making recommendations on draw requests.

We are not considering candidates who are do not have at least 1 year of experience in preparing or managing draw requests.

Primary responsibilities include:

  • Following the defined residential construction and renovation loan disbursement process
  • Transfer loans from loan origination system to draw administration system
  • Assemble draw packages
  • Monitor each line item in the project budget
  • Order title updates, verify lien position, order surveys
  • Maintain tracking logs
  • Communicate with the borrower, contractor, loan originator, and others regarding status or construction draws
  • Disburse draws
  • Review construction / renovation bids

Critical Requirements for all Candidates:

  • Must enjoy working with a company that values its team members
  • 5+ years of experience in residential real estate or construction lending
  • Ability to perform effectively under constant deadlines and volume pressure
  • Excellent computer skills
  • Strong analytical skills required with a high degree of accuracy
  • Strong PC skill with experience in MS Office
  • Detail oriented and strong verbal / written communication skills
  • Ability to work independently and handle multiple priorities under stringent timelines
  • Experience in Encompass and Land Gorilla Construction Loan Manager is preferred

Our clients are offering above market compensation, potential signing bonuses, and a long list of benefits.

Please submit your resume and compensation requirements.

We would love to talk to you!

Job Type: Full-time

Pay: $40,000.00 - $80,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • Monday to Friday

Supplemental Pay:

  • Bonus pay

Application Question(s):

  • What are your compensation expectations?
  • Are you currently involved in submitting, reviewing, or approving construction loan draw requests?

Experience:

  • Construction Lending: 1 year (Required)
  • Mortgage Industry: 5 years (Required)

Work Location:

  • Multiple locations

Work Remotely:

  • Yes

Inform a friend!

Top