Commercial Real Estate Construction Loan Administrator

Servbank, sb Inc.; Phoenix (AZ); On-site; USD 60,000 - 90,000; Full time

Job summary

Servbank is seeking a Commercial Real Estate Construction Loan Administrator to manage and process construction and term loans for commercial real estate projects. The role entails preparing loan documentation, ensuring regulatory compliance, and maintaining accurate loan records.

The ideal candidate has deep knowledge of construction lending practices, strong organizational skills, and experience with loan processing systems. This full-time position is based in Phoenix, AZ.

Qualifications

• Minimum of 3–5 years of experience in commercial real estate construction loan administration or related field.
• Knowledge of construction lending practices and regulatory compliance.
• Experience with loan processing systems and documentation.

Responsibilities

• Prepare and review loan documentation for accuracy and compliance.
• Manage end-to-end loan processing including application review, approval, and disbursement.
• Oversee construction monitoring, site inspections, and draw requests.
• Ensure regulatory and credit conditions are met in loan packages.
• Provide excellent customer service to borrowers and coordinate with other departments.

Skills

Construction lending

Loan documentation

Organizational skills

Customer service

Team collaboration

Education

Bachelor's degree in Finance/Business/Real Estate

Tools

Loan processing systems

Loan documentation software

Job description

Description

The Commercial Real Estate Construction Loan Administrator is responsible for managing and processing construction and term loans for commercial real estate projects. This role involves preparing loan documentation, ensuring compliance with regulatory requirements, and maintaining accurate loan records. The ideal candidate will have a strong understanding of construction lending practices and excellent organizational skills.

About Servbank:

Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service.

With the addition of Iroquois Federal, founded in 1883 and deeply rooted in Midwest communities, we combine over a century of relationship-based banking with innovative, technology-driven solutions.

We work with individuals, businesses, and communities, so that whether you're a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.

Key Responsibilities:

• Loan Documentation: Prepare and review all necessary loan documentation to ensure accuracy and compliance with company policies and regulatory requirements.
• Loan Processing: Manage the end-to-end loan process, including application review, approval, and disbursement.
• Construction Monitoring: Oversee the construction process, including site inspections, draw requests, and verifying project progress.
• Compliance: Ensure all loan packages meet credit conditions and regulatory requirements.
• Customer Service: Serve as the primary point of contact for borrowers, providing excellent customer service and addressing any inquiries or issues.
• File Management: Maintain organized and accurate loan files, including all required documentation and correspondence.
• Reporting: Generate and maintain statistical reports to meet federal regulations and internal reporting requirements.
• Collaboration: Work closely with underwriters, relationship managers, and other departments to ensure smooth loan operations.
• Portfolio Management: Assist in the management of the loan portfolio, including monitoring loan performance and addressing any issues that arise.

Requirements

• Minimum of 3-5 years of experience in commercial real estate construction loan administration or a related field.

Skills:

• Strong understanding of construction lending practices.
• Excellent organizational and time management skills.
• Proficiency in loan documentation and processing systems.
• Strong attention to detail and accuracy.
• Excellent communication and customer service skills.
• Ability to work independently and as part of a team.

Preferred Qualifications:

• Education: Bachelors degree in Finance, Business Administration, Real Estate, or a related field. Experience may substitute for degree.
• Knowledge of federal and state lending regulations.
• Certification in loan administration or a related field.

Working Conditions:

• Office environment.
• Full-time position with standard business hours.

EEO Statement:

We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.