Construction Loan Specialist - Hybrid (Draws, Compliance)

Mercantil Commerce Bank

Kansas City (KS)

On-site

USD 52,000 - 73,000

Full time

8 days ago

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Job summary

Commerce Bank in Fort Myers, FL seeks a Construction Loan Processor to ensure accurate and timely draw processing for loan projects. You will coordinate title insurance, surveys, and insurances, input loans into our construction loan system, and monitor lien law compliance.

You will maintain draw files, reconcile figures, respond to client and contractor inquiries, and support ongoing project funding. A bachelor’s degree and 4+ years in loan processing with a hybrid schedule are required, with

Qualifications

  • Bachelor’s degree or equivalent; 4+ years in loan processing in a financial institution.
  • Hybrid schedule: In office 3 days per week.
  • Must be eligible to work in the US without sponsorship now or in the future.

Responsibilities

  • Process construction draws and fund after approvals.
  • Order title insurance, surveys, and insurances; review for accuracy.
  • Review NTO/partial releases and construction lien law.
  • Enter loans into construction loan software and maintain accuracy.
  • Reconcile loan amounts, equity, draws, and balances.
  • Maintain accurate draw files.
  • Respond to inquiries from clients and contractors.
  • Attend location during regular hours; perform other duties as assigned.

Skills

Communication skills
Detail-oriented
Organizational skills
Team player
Adaptability
Microsoft Word/Excel/Teams/Outlook (sm

Education

Bachelor’s degree or equivalent

Tools

Microsoft Word
Excel
Teams
Outlook

Job description

Commerce Bank in Fort Myers, FL seeks a Construction Loan Processor to ensure accurate and timely draw processing for loan projects. You will coordinate title insurance, surveys, and insurances, input loans into our construction loan system, and monitor lien law compliance.

You will maintain draw files, reconcile figures, respond to client and contractor inquiries, and support ongoing project funding. A bachelor’s degree and 4+ years in loan processing with a hybrid schedule are required, with

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