Construction Loan Specialist — Guide Projects to Permanent Financing

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

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.