Construction Loan Draw Specialist — Hybrid

Mercantil Commerce Bank

Fort Myers (FL)

Hybrid

USD 55,000 - 75,000

Full time

8 days ago

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Benefits offered by this job

Health insurance
Dental coverage
401(k)

Job summary

FineMark Bank & Trust, a division of Commerce Bank, seeks a Construction Loan Administrator to ensure accurate and timely processing of construction draws. The role covers title/insurance coordination, lien law compliance, and loan dashboard maintenance in a hybrid in-office environment.

Responsibilities include reconciling draws, inputs into loan software, and responding to clients and contractors. Requires a Bachelor’s degree and 4+ years in loan processing, with strong attention to detail and

Qualifications

  • Bachelor’s degree or equivalent combination of education and experience.
  • 4+ years experience in the loan processing department of a financial institution.

Responsibilities

  • Process construction draws accurately and timely.
  • Order title insurance updates and reviews for accuracy.
  • Order insurances and surveys and review for accuracy; coordinate inspections.
  • Input loans into construction loan software for tracking and balancing; reconcile amounts and equity.
  • Fund construction draws after approvals and maintain draw files.
  • Respond to client and contractor inquiries about loan construction-draw process.

Skills

Construction lien law
AIA formatting
Proofreading
MS Word
MS Excel
Microsoft Teams
Microsoft Outlook
Written and verbal communication
Detail-oriented

Education

Bachelor’s degree
4+ years loan processing experience

Tools

Loan processing software

Job description

FineMark Bank & Trust, a division of Commerce Bank, seeks a Construction Loan Administrator to ensure accurate and timely processing of construction draws. The role covers title/insurance coordination, lien law compliance, and loan dashboard maintenance in a hybrid in-office environment.

Responsibilities include reconciling draws, inputs into loan software, and responding to clients and contractors. Requires a Bachelor’s degree and 4+ years in loan processing, with strong attention to detail and

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