Construction Loan Associate I: Draws & Servicing

Farmers-and-Merchants-Bank-of-Central-California-1; Lodi (CA); On-site; USD 32,000 - 36,000; Full time

Job summary

Farmers-and-Merchants-Bank-of-Central-California-1 is seeking a Loan Associate I- Construction in Lodi, CA. The role handles complex construction and development loans, including draws, budget reallocations, and reconciliations, within the Loan Center.

The position requires 3+ years in construction finance, strong attention to detail, and solid communication skills. The work is full-time at the Lodi, CA location with responsibilities across loan servicing and customer interactions.

Qualifications

• 3+ years of experience with construction finance and draws.
• Proficient in Windows-based banking applications.
• Experience reviewing budgets, lien releases, and title endorsements.
• Ability to reconcile ledgers and participate loans.

Responsibilities

• Review and process construction loan draws for compliance.
• Verify equity via inspections and invoices against budgets.
• Manage ongoing servicing for construction loans across properties.
• Coordinate with title companies on lien and endorsements.
• Respond to inquiries from borrowers and service providers.
• Compute interest payments manually when needed.
• Update desk procedures as tasks change.

Skills

Detail-oriented

Time management

Organization

Communication

Customer service

Education

High school diploma or GED

Some college preferred

Job description

Farmers-and-Merchants-Bank-of-Central-California-1 is seeking a Loan Associate I- Construction in Lodi, CA. The role handles complex construction and development loans, including draws, budget reallocations, and reconciliations, within the Loan Center.

The position requires 3+ years in construction finance, strong attention to detail, and solid communication skills. The work is full-time at the Lodi, CA location with responsibilities across loan servicing and customer interactions.