Rural 1st Construction Specialist

Farm-Credit-Mid--americ; Louisville (TN); Hybrid; USD 54,000 - 100,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Paid time off

401(k) plan with company contributions

Parental leave

Well-being and fitness programs

Job summary

Farm Credit Mid-America is seeking a Rural 1st Construction Specialist to support construction loan activities from budget setup to disbursement. The role emphasizes collaboration with borrowers, builders, inspectors, and internal teams to deliver a smooth construction lending experience in line with Rural 1st guidelines.

Ideal candidates will have an existing NMLS registration or ability to obtain one, plus experience in construction lending and strong documentation skills.

Qualifications

• Requires existing NMLS registration under the SAFE Act or ability to obtain it upon hire.
• Experience with construction loan processes, disbursements, inspections, and draws.
• Strong attention to detail and accurate documentation.
• Ability to coordinate with borrowers, builders, inspectors, and internal partners.

Responsibilities

• Activates construction loans by setting up loan budgets, disbursement systems, and files.
• Reviews, analyzes, approves, and disburses construction loan draws with inspections and change orders.
• Coordinates with borrowers, builders, inspectors, and internal partners to keep projects on schedule.
• Monitors budgets, reserves, and insurance; reports issues and supports timely resolution.
• Maintains complete, accurate documentation and records for loan servicing.

Skills

NMLS registration

Construction loans

Customer service

Documentation accuracy

Communication

Education

High School Diploma/GED

Bachelor's Degree

Tools

Loan processing software

Microsoft Office

Job description

Farm Credit Mid-America is a financial services cooperative serving financial needs of farmers and rural residents in Arkansas, Indiana, Kentucky, Missouri, Ohio, and Tennessee. Our purpose is to secure the future of rural communities and agriculture. We are passionate about serving the needs of our rural communities and creating positive customer experiences.

Farm Credit Mid-America is a great place to work! We have been named as a Best Places to Work in Kentucky for the past 13 years. At Farm Credit Mid-America we put our customers and team members at the heart of all we do.

Schedule: Full Time, Hybrid
Travel Required: 0% - 5%

Compensation: The salary range for this position is estimated to be 54,412.00 – 100,487.00 annualized, which reflects the company’s current estimate of the potential compensation range at the time of posting. This salary range reflects the anticipated compensation for this position and represents one component of the total rewards package. Final compensation will be determined based on factors such as experience, skills, education, qualifications, and allotted budget. The organization offers a comprehensive benefits program as part of its overall compensation strategy, and salary ranges are reviewed periodically to remain aligned with market conditions.

Benefits At A Glance

Eligible team members have access to a comprehensive benefits package that includes:

• Medical, dental, and vision insurance
  
• Well-being and fitness reimbursement programs
  
• Paid vacation, sick leave, and holidays
  
• 401(k) plan with company contributions and matching opportunities
  
• Paid parental leave
  
• Short-term and long-term disability coverage
  
• Tuition reimbursement and professional development programs
  
• Community involvement and volunteer opportunities
  
• Variable compensation opportunities for eligible positions

About Our Opportunity

The Rural 1st Construction Specialist supports the successful execution of construction loans by activating new loans and processing disbursements accurately and on time throughout the construction lifecycle. The Rural 1st Construction Specialist partners with borrowers, lenders, builders, and internal teams to deliver a responsive and efficient construction lending experience aligned with Rural 1st guidelines.

This role contributes independently to routine and recurring work with growing confidence and consistency. It applies established procedures, manages assigned responsibilities effectively, and collaborates with others to support business outcomes. Team members at this level are expanding functional knowledge, strengthening judgment, and developing problem-solving skills within defined parameters.

This position requires existing NMLS registration under the SAFE Act, or the ability to obtain the same upon hire, and maintenance of a status in good standing during employment.

How You Will Spend Your Time

• Activates construction loans by setting up loan budgets, disbursement systems, and files aligned with approved terms.
• Reviews, analyzes, approves, and disburses construction loan draws, including coordinating inspections, change orders, and budget line items.
• Coordinates with borrowers, builders, inspectors, and internal partners to keep construction projects and loan servicing moving forward and on schedule.
• Monitors loan budgets, interest reserves, soft costs, insurance coverage, and reports to identify issues, manage risk, and support timely resolution.
• Maintains complete, accurate documentation, system records, and reporting to support effective loan servicing and portfolio oversight.
• Supports compliant servicing of the construction loan portfolio while delivering consistent, high-quality customer service.
• Completes routine assignments independently using established procedures and sound judgment.
• Applies working knowledge to resolve common issues and identifies when to seek guidance.
• Communicates clearly with teammates and internal partners to support coordinated work.
• Organizes workload to meet deadlines and deliver consistent, reliable outcomes.
• Contributes ideas that strengthen processes, accuracy, and effectiveness.
• Uses available tools and resources to resolve straightforward issues and improve confidence.

Education & Experience

• High School Diploma/GED with 5 years relevant experience required.
• Bachelor's Degree with 1 year relevant experience preferred.

Mental & Physical Requirements

While engaged in this position, team members will routinely sit, use hands for tasks, and communicate orally. Standing or walking is frequently required, while occasional demands include reaching with hands and arms, and lifting or moving up to ten pounds. Vision requirements encompass close and distance vision. The work environment typically has a moderate noise level. This role may entail a blend of mental and physical capabilities, requiring strong mental acuity, problem-solving skills, and occasional physical tasks such as standing, lifting, or extended computer usage. Some roles may require physical or mental requirements related to driving, such as a valid driver's license, and the ability to drive a long-distance. Reasonable accommodations will be considered for individuals as requested.

Farm Credit Mid-America provides a competitive total rewardspackage to our team members. This includes an award winning 401(k) Plan.Our Health and Financial wellness benefits provide safety, security and peace of mind for you and your family. Here is a highlight of our Total Rewards and Benefits .

Farm Credit Mid-America is an equal opportunity employer, and all applicants will receive consideration for employments without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability, or any other category protected by law.