The Construction Loan Administrator/Underwriter processes and administers residential construction and residential acquisition and development loans. The position also serves as backup underwriter.
Essential Functions & Responsibilities:
Processes member loan applications and prepares the files for review by a Construction Loan Officer.
Prepares loan packages and audits post‑closing files.
Obtains credit information and ensures sufficient loan collateral.
Sets up relevant files and maintains existing files within the department.
Processes loan payments and maintains the loan records.
Calculates loan charges, such as interest payments and payoffs.
Assists Construction Loan Officers with disbursement of new and existing loans.
Prepares and maintains Builder Master Files.
Answers member phone calls.
Prepares loan notices, reports and documents as required.
Underwrites residential mortgage loans as required.
Works closely with home builders’ staff, title companies, and appraisers.
Performs other job-related duties as assigned.
Experience: Five years to ten years of similar or related experience in mortgage credit analysis.
Education: Completion of a specialized course of study at a business or trade school completion of a specialized and extensive in‑house training or apprenticeship program.
Other Skills: Extensive experience in underwriting, credit analysis, and negotiating. Must enjoy meeting deadlines and resolving problems.
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