Construction Loan Administrator

Job Summary

Managing the administration of commercial mortgage credit facilities, the full-time Construction Loan Administrator will review and prepare loan advances, monitor builder lines and development loans, and issue payoff quotes while working in a hybrid or remote environment within the designated footprint.

Key responsibilities

• Set up and monitor construction loans for commercial projects and residential developments, ensuring accurate documentation and compliance with loan agreements
• Process loan advances and payments, including verifying loan system availability and analyzing project budgets and costs
• Track exception approvals, maintain records of loan releases, and recommend improvements to the construction loan monitoring process

Required qualifications

• Associate Degree in Business Administration or equivalent experience (preferred)
• 3 or more years of experience in Construction Loan Administration with commercial development and construction loans (required)
• Strong working knowledge of construction administration platforms (required)
• Experience with residual and builder lines (preferred)
• Paralegal Certification (preferred)