Construction Loan Manager oversees construction lending officers and processes and conducts business development activities to achieve loan gain and profit objectives in a designated market. Develops relationships with builders and construction companies to obtain referrals and promote lending activity. Being a Construction Loan Manager provides operational guidance, coaching, and support to loan officers. Directs all facets of construction loan processing from origination to closing. Additionally, Construction Loan Manager reviews appraisals and credit analysis to ensure a comprehensive review process and to reduce risk. Authorizes loan requests within established limits or presents loans to loan committee for approval. Requires a bachelor's degree in area of specialty. Typically reports to a director. The Construction Loan Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Construction Loan Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
**Overview:**
We are seeking a detail-oriented Loan Processor to join our team. The ideal candidate will have a strong background in financial services and possess knowledge of loan processing procedures.
**Responsibilities:**
- Review loan applications for completeness and accuracy
- Verify applicant information, including employment and financial data
- Communicate with loan officers, underwriters, and clients to ensure timely processing
- Prepare and submit loan files to underwriting for approval
- Coordinate with mortgage servicing teams for loan closing procedures
**Qualifications:**
- Experience with BPL including RTL (fix and flip), new construction and DSCR loans preferred.
- Experience in loan processing or related field
- Knowledge of escrow, underwriting, and credit analysis
- Familiarity with loan origination systems and basic math skills
- Understanding of mortgage servicing practices
- Ability to work collaboratively with loan officers and other team members
This position offers the opportunity to work in a dynamic financial environment and grow your career in the mortgage industry. If you meet the qualifications above, we encourage you to apply for this exciting opportunity.
Job Type: Full-time
Benefits:
Experience:
Ability to Commute:
Work Location: In person