On-Site Construction Loan Draw Specialist

Secured Investment Corp; Coeur d'Alene (ID); On-site; USD 28,000 - 33,000; Full time

Benefits offered by this job

Competitive salary

Full benefits package

PTO + 9 paid holidays

401(k)

Book Club

Training & development

Job summary

Cogo Nation is seeking a Construction Draw & Loan Servicing Assistant in Coeur d’Alene, ID to support our loan servicing team. You will work with borrowers, lenders, and inspectors to ensure a smooth construction draw process and timely fund disbursements.

The role emphasizes accuracy, strong judgment, and effective communication, with expectations to manage a large portfolio of active files and ensure compliance with loan terms.

Qualifications

• Experience in construction lending or draw processing.
• Ability to read and interpret loan documents and inspection reports.
• Excel proficiency: beginner-to-intermediate (SUM, VLOOKUP, pivot tables).
• Experience with loan servicing systems, CRMs, or ticketing/database software.
• Familiarity with budgeting, reconciliations, and light ledger accounting.

Responsibilities

• Assist in the construction draw process, processing, funding, and managing draws and modifications.
• Manage all draw requests and balance with lien waivers or invoices.
• Analyze budgets against funds to identify deviations from monitoring requirements.
• Ensure loans stay within budget and time frames for project completion.
• Maintain loan files, including builder plans, verifications, assets, and site designs.
• Coordinate with loan officer, borrowers, builders, inspectors, and title for documentation needed for draws.

Skills

Construction lending

Read loan documents

Excel

CRM systems

Budgeting

Lien waivers

Customer service

Organization

Integrity

Tools

Excel

Loan servicing systems

CRM

Job description

Cogo Nation is seeking a Construction Draw & Loan Servicing Assistant in Coeur d’Alene, ID to support our loan servicing team. You will work with borrowers, lenders, and inspectors to ensure a smooth construction draw process and timely fund disbursements.

The role emphasizes accuracy, strong judgment, and effective communication, with expectations to manage a large portfolio of active files and ensure compliance with loan terms.