Construction Loan Administrator

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Job description

Job Category: Chattel Operations
Requisition Number: CONST001798
Posted: October 4, 2024
Full-Time
Jacksonville, FL 32224, USA

Job Details

Description

Position Overview

Triad Financial Services is a leading provider of financial services and solutions, serving clients worldwide. We are seeking a highly motivated and skilled Construction Loan Administrator to join our growing team.

Essential Functions:

• Boarding loans to construction management tracking tool(s) including all key loan details required including balancing of funds
• Initiate welcome calls and emails with the Customers and Dealer/General Contractors (GC) to level set expectations and advise of construction management tracking tool(s) available
• Schedule follow ups in construction management tracking tool(s) based on timing communicated by the Dealer/GC

• Communicate with Partners, Retailers and Third-Party vendors. Maintain client relationships and provide superior customer service.

• Manage all draws after initial draw is completed including invoice payments
• Evaluate property appraisals to ensure accuracy and appropriateness relative to loan and improvements for construction completeness
• Monitor if extensions to the construction period should be filed and prepare/file extensions
• Order inspections to confirm completion of work through various stages of construction, ordering surveys where required, and title endorsements when necessary
• Review purchase agreements throughout the construction period for monetary changes and immediately escalate any noted changes after closing at each draw interval
• Ensure all construction funds are balanced, actual costs versus projected costs, before the loan converts to a permanent loan
• Evaluate if a is modification are required including drafting, managing execution with borrowers, Dealer, and sending for recording
• Prepare the loan package for sale to the investor and send package to the Investor when applicable
• Any other duties as assigned

Education and/or Work Experience Requirements:

• 2 plus year's Construction Loan Administration experience preferred
• Loan origination and construction management platform knowledge preferred
• Knowledge of the Manufactured Home Industry preferred
• Must be able to Multi-task in a fast-paced fluid environment
• Must have strong work ethic
• Must be proficient in all Microsoft Office products
• Strong problem-solving skills
• Accuracy and attention to detail
• Strong verbal and written communication skills is a must
• Ability to work independently as well as in a team setting
• Strong mortgage related mathematic skills

Compensation Range: $25.00/hour -$27.79/hour

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