Construction Loan Specialist

Dupont Community Credit Union; Waynesboro (VA); On-site; USD 33,000 - 40,000; Full time

Benefits offered by this job

Medical and dental insurance

401k with employer match

Pension plan

Paid time off

Job summary

Dupont Community Credit Union in Waynesboro, VA is seeking a Construction Loan Specialist for our Mortgage team. This on-site role focuses on managing construction loans from origination through conversion to permanent financing, coordinating draws, inspections, and policy adherence.

The candidate should have a high school diploma, experience in construction lending preferred, and strong communication and analytical skills.

Qualifications

• High school diploma or equivalent.
• Experience in construction lending is preferred.
• Courteous and friendly member relation skills.
• Strong communication skills (written and verbal).
• Excellent analytical, organizational, and problem-solving skills.
• Proficient with loan origination systems and Microsoft Office tools.
• Business-like appearance and attitude.
• Thorough understanding of credit union philosophy.
• Ability to perform in a high‑pressure environment.

Responsibilities

• Serve as the primary point of contact for members, contractors, inspectors, and internal teams, providing timely updates and resolving issues throughout the construction life cycle.
• Collaborate with Mortgage/Commercial Advisors during loan origination to ensure project adherence to policy and guidelines.
• Guide and support consumer mortgage and business members through construction processes, including construction-to-permanent loan structures and draw schedules.
• Maintain complete loan files from closing through conversion-to-permanent financing.
• Manage draw requests by reviewing invoices, inspections, and progress vs. budget.
• Coordinate approval of draw requests with underwriting, or as directed.
• Coordinate approved draw disbursements with processing.
• Monitor timelines, borrower equity injections, and adherence to plans.
• Identify and elevate risks such as delays or cost overruns.
• Track loan performance, interest billing, and project milestones.
• Oversee transition to permanent financing and ensure all conditions are met.
• Ensure lien waivers and title endorsements are complete.
• Maintain working knowledge of core and loan operating systems to maintain loan records.

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Construction Loan Specialist

Full Time Clerical Waynesboro, VA, US

4 days ago Requisition ID: 1445

Salary Range: $24.82 To $29.20 Hourly

We are looking for a Construction Loan Specialist to join our Mortgage team!

Please note this role is on-site at our Waynesboro, VA location.

DuPont Community Credit Union (DCCU) is currently seeking qualified candidates for a highly-motivated, career-oriented individual for a Construction Loan Specialist position with the Mortgage team.

What You’ll have the Opportunity to do:

• Serve as the primary point of contact for members, contractors, inspectors, and internal teams, providing timely updates and resolving issues throughout the construction life cycle.
• Collaborate with Mortgage/Commercial Advisors during the initial stages of loan origination to ensure the construction project adheres to DCCU policy and guidelines/procedures.
• Guide and support consumer mortgage and business members through the construction process, including construction‑to‑permanent loan structures, draw schedules, interest‑only periods, and permanent loan conversion requirements.
• Maintain complete and accurate loan files from the time of closing through conversion-to-permanent financing.
• Manage draw requests by reviewing invoices, conducting or coordinating inspections, and verifying progress against approved budgets.
• Coordinate approval of draw requests with Mortgage/Commercial underwriting, or as otherwise directed.
• Coordinate approved draw disbursements with Mortgage/Commercial processing, as applicable.
• Monitor project timelines, borrower equity injections, and adherence to approved plans.
• Identify and elevate potential risks such as delays, cost overruns, or contractor issues.
• Track loan performance, interest billing, and project milestones throughout the construction phase.
• Oversee the transition of construction-to-permanent loans into the permanent financing phase, ensuring all conditions are satisfied.
• Ensure that lien waiver forms and title policy endorsements are complete and acceptable.
• Maintainworking knowledge of computer systems (core and applicable Loan Operating System) to maintenance loan records as needed.

What You’ll Bring to the Table

• High school diploma or equivalent.
• Experience in construction lending is preferred.
• Courteous and friendly member relation skills.
• Strong communication skills (written and verbal).
• Excellent analytical, organizational, and problem-solving skills.
• Proficient with loan origination systems and Microsoft Office tools.
• Business-like appearance and attitude.
• Thorough understanding of credit union philosophy.
• Ability to perform in a high‑pressure environment.

What We Bring to the Table

• Meaningful work that is highly impactful to the membership and community.
• Opportunities for development and career growth.
• Excellent working conditions, work hours, and work‑life balance.
• Community involvement opportunities.
• Compensation and benefits:
  • DuPont Community Credit Union offers a competitive starting hourly range of $24.82 to $29.20in addition to an excellent benefits package including medical and dental insurance, life and disability insurance, pension plan, 401k with employer match, and generous paid time off. Starting salary placement in the range will be determined based on the candidate’s experience, qualifications, and skills.

Who We Are

Founded in 1959, DCCU isa financial leader in the Shenandoah Valley, currently serving over 123,000 members, with over $2.0 Billion in Assets. At DCCU, we go beyond transactions and truly want to help our members achieve financial success by aligning them with the right products and services to help make a difference in our lives. This is a great opportunity to join a well-respected and growing financial institution offering meaningful work that impacts our community.

At DuPont Community Credit Union our goal is to be a diverse workforce that is representative, at all job levels, of the community we serve. We are an equal opportunity/affirmative action employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to sex, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

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