Draws Coordinator - Entry Level (Construction Loans)

Merchants Mortgage & Trust Corporation

Englewood (CO)

On-site

USD 42,000 - 54,000

Full time

9 days ago
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Benefits offered by this job

Health Care Plan (Medical, Dental &amp
Retirement Plan (401k, IRA)
Life Insurance (Basic, Voluntary &
Paid Time Off (Vacation, Sick & PH
Family Leave (Maternity, Paternity)
Short Term & Long Term Disability

Job summary

Merchants Mortgage & Trust Corporation (MMTC) is seeking an entry-level Draws Coordinator to support the Draws Department in processing construction loan disbursements and related documentation. The role involves intake, review of draw packages, and timely communication with borrowers and contractors.

You will work with inspection reviews and disbursement staff to ensure accurate, timely fund releases and maintain organized, audit-ready records within MMTC’s loan servicing system.

Qualifications

  • High school diploma or equivalent required; college coursework in finance, business, or related field a plus.
  • Experience in mortgage servicing or customer service is a plus but not required.
  • Proficiency with cloud-based loan servicing systems and document management tools is valued.

Responsibilities

  • Process incoming draw requests: intake, documentation review, and data entry into cloud-based loan servicing systems
  • Communicate with borrowers and contractors by phone and email regarding draw status and documentation
  • Review and organize draw packages, inspection reports, lien waivers, and related documents
  • Track multiple loans and draw requests across a shared queue and prioritize by deadline
  • Coordinate with inspection reviewers and disbursement staff to move draws through approval pipeline
  • Maintain audit-ready records within the loan servicing system
  • Escalate exceptions or delays to senior Draws staff as needed

Skills

Verbal & written communication
Multi-tasking
Customer-service orientation
Basic computer proficiency

Education

High school diploma
Finance/Business coursework

Tools

Office 365
Adobe Acrobat Pro

Job description

Merchants Mortgage & Trust Corporation (MMTC) is seeking an entry-level Draws Coordinator to support the Draws Department in processing construction loan disbursements and related documentation. The role involves intake, review of draw packages, and timely communication with borrowers and contractors.

You will work with inspection reviews and disbursement staff to ensure accurate, timely fund releases and maintain organized, audit-ready records within MMTC’s loan servicing system.

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