Construction Loan Administrator

Support residential lending teams with collecting and reviewing construction-loan documentation, escrow holdbacks, holdback agreements and credit-approval documents

Support construction-related loan closing and funding processes

Obtain missing documentation for construction loans, draw requests and final draw requests

Review construction budgets for accuracy and feasibility

Review construction contracts and related documentation

Co-host introduction calls to educate members and general contractors on the draw process and expectations

Prepare and send post-closing welcome packages

Process construction draw requests according to prescribed draw schedules

Create complete draw packages and submit them to residential loan servicing for processing and funding

Maintain construction files and audit trails

Save and account for required documentation in electronic systems

Confirm builders risk and other insurance requirements throughout construction, and ensure homeowners insurance is obtained at project completion

Complete and order property inspections through third-party vendors

Review third-party invoices and submit them to accounts payable

Document project progress and report risks to the credit union

Monitor changes to loan policies, procedures and compliance rulings

Track residential construction projects from inception to completion

Complete construction extensions with appropriate internal approvals

Assist with commercial construction projects as a growth path

Perform other job-related duties as assigned

Requirements

High school diploma or GED

1-3 years’ experience in residential lending origination, processing, servicing or disbursements/draws

Knowledge of residential lending, compliance and credit regulations

Ability to complete construction site inspections and prepare required reports

High attention to detail and strong organizational skills

Strong relationship management skills

Exceptional verbal and written professional communication skills

Problem-solving and interpersonal skills

Ability to produce quality work within tight time frames while managing multiple assignments

Ability to work on credit union core processing systems and department-specific processing systems

Ability to safely navigate construction sites in various stages of construction and all types of weather

Occasional lifting of 25 lbs. or less

Ability to sit and stand for extended periods

Ability to work on a computer for extended periods

Required licenses, training, and certifications: None

Preferred: Construction Lending Experience

Preferred: Commercial & SBA Lending Experience

Core Competencies

Demonstrates expertise in residential lending processes, including construction loan documentation, compliance, and credit regulations. Proficient in managing construction projects from inception to completion while ensuring accuracy and adherence to policies.

Highest-signal resume keywords

Residential Lending Experience

Construction Loan Documentation

Compliance Knowledge

Relationship Management Skills

Construction Site Inspections

ATS Optimization Keywords

Hard Skills

Construction Loan Processing

Budget Review

Draw Request Management

Documentation Review

Property Inspection Reporting

Soft Skills

Attention to Detail

Organizational Skills

Verbal Communication

Written Communication

Problem-Solving Skills

Industry Keywords

Construction Lending

Commercial Lending

SBA Lending

Compliance Regulations

Escrow Holdbacks

Tools & Technologies

Credit Union Core Processing Systems

Department-Specific Processing Systems

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