Mortgage Construction Specialist

National Association of Women in Construction; Evansville (IN); On-site; USD 48,000 - 65,000; Full time

Benefits offered by this job

Paid Holidays

Paid Time Off (Vacation, Sick and:**)

Medical, Dental and Vision Insurance

401(k) retirement program withmatching

Employer paid Group Term LifeInsurance

Short Term and Long Term Disability

Tuition Reimbursement Program

Job summary

Liberty FCU, a full-service credit union, seeks a Mortgage Construction Specialist in Evansville, IN. This full-time role focuses on construction loan servicing, from setup to draw processing and conversion to permanent financing, ensuring precise records and an excellent member and builder experience.

The position requires attention to detail and a proactive approach; mortgage loan experience is preferred.

Qualifications

• Detail oriented
• Mortgage loan experience is preferred

Responsibilities

• Perform construction and renovation loan servicing during the construction phase, including setting up parameters in servicing software, processing draw requests, communicating with members and builders, monitoring funds, and coordinating with third-party vendors.
• Perform construction loan conversions to permanent financing, including verifying completion, preparing modifications, reviewing rate float-downs, and updating servicing software.
• Review construction transactions in the servicing software, review builder/renovator activity to activate accounts, and provide excellent service to employees, members, or builders.
• Develop knowledge of credit union data and word processing systems and participate in the rotating Saturday schedule.
• Understand credit union history, philosophy, bylaws, and procedures; undertake any other duties as assigned.

Job description

Liberty FCU, a full-service credit union, is currently seeking a full-time Mortgage Construction Specialist. The candidate must be detail oriented and provide an exceptional member and builder experience. Mortgage loan experience is preferred. This position will be stationed at 4405 Theater Dr, Evansville, IN, 47715. Candidates must be available to work Saturdays on a rotating basis.

Duties and responsibilities include but are not limited to the following:

• Perform all aspects of construction and renovation loan servicing during the construction phase for all divisions of the credit union, including;
  • Set up construction parameters within the servicing software.
  • Process draw requests when received.
  • Communicate with the member and builder throughout the construction process.
  • Monitor the use of construction loan funds.
  • Order and review updates provided by third party vendors.
  • Maintain records of payments to third party vendors.
• Perform all aspects of construction loan conversion to permanent financing for all divisions of the credit union, including;
  • Verify home has been completed prior to conversion.
  • Prepare loan modifications when necessary.
  • Review and execute rate float-downs when applicable.
  • Update the servicing software with appropriate loan information.
• Review construction transactions in the servicing software.
• Review requests from new builders, renovators and contractors to be activated by the credit union.
• Provide excellent service when interacting with employees, members or builders.
• Develop a working knowledge of the credit union's data and word processing systems.
• Serve on the Saturday schedule on a rotating basis.
• Develop an understanding of credit union history, philosophy, organization, bylaws, and operational procedures.
• Any other duties assigned by the supervisor or management.

Benefits and Compensation:

• Paid Holidays
• Paid Time Off (Vacation, Sick and Personal Days)
• Medical, Dental and Vision Insurance
• 401(k) retirement program with matching funds
• Employer paid Group Term Life Insurance, Short Term and Long Term Disability Insurance
• Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer, Minority/Female/Disability/Protected Veteran.