Construction Loan Draws & Title Compliance Specialist

Commerce Bank; Essex (VT); Hybrid; USD 60,000 - 84,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k)

Life insurance

Paid vacation

Paid personal time

Education assistance

Job summary

FineMark Bank & Trust, a division of Commerce Bank, seeks a qualified professional to accurately process construction draws and related documents. You will manage title insurance, surveys, and releases, and input data into the construction loan system with meticulous attention to detail in a hybrid work setting at our Fort Myers location.

Ideal candidates have a Bachelor's degree (or equivalent) and 4+ years in loan processing.

Qualifications

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

Responsibilities

• Order title insurance updates and review for accuracy.
• Order insurances and surveys and review for accuracy, with inspections.
• Understand and monitor NTO/partial releases/final releases and lien law.
• Input loans into construction loan software for tracking and draws.
• Reconcile loan amount, equity requirements, draws, etc.
• Fund construction draws after approvals.
• Maintain accurate draw files.
• Respond to inquiries from clients and contractors about the draw process.
• Hybrid schedule: in office 3 days per week.

Skills

Construction loan processing

NTO/partial releases

Title insurance

AIA documentation

Proofreading

Attention to detail

Communication skills

Team player

Education

Bachelor's degree or equivalent

Tools

Microsoft Word

Microsoft Excel

Microsoft Teams

Outlook

Job description

FineMark Bank & Trust, a division of Commerce Bank, seeks a qualified professional to accurately process construction draws and related documents. You will manage title insurance, surveys, and releases, and input data into the construction loan system with meticulous attention to detail in a hybrid work setting at our Fort Myers location.

Ideal candidates have a Bachelor's degree (or equivalent) and 4+ years in loan processing.