SBA Construction Loan Specialist

U.S. Bank

United States

Remote

USD 69,000 - 81,000

Full time

4 days ago
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Benefits offered by this job

Healthcare
Life insurance
Disability insurance
401(k)

Job summary

U.S. Bank is seeking an experienced administrator for SBA construction and renovation loans. You will review, coordinate and oversee disbursements, ensuring compliance with SBA 7(a)/504 programs, bank policy, and documentation standards.

You will work with Relationship Managers, SBA Underwriters, and loan teams to manage the end-to-end draw process, maintaining lender protections and accurate lien and title records.

Qualifications

  • Experience in commercial real estate loan administration.
  • Knowledge of SBA 7(a) and 504 programs.
  • Experience with construction draw administration.
  • Notary commission capability.
  • Bachelor's degree preferred.

Responsibilities

  • Review, coordinate, and administer SBA construction/renovation loan transactions.
  • Ensure SBA terms, use-of-proceeds rules, and lien requirements are followed.
  • Oversee construction draw disbursements from approval to final servicing.
  • Serve as primary liaison with borrowers, attorneys, title companies, and service providers.
  • Ensure post-approval conditions are met and documentation is complete.

Skills

SBA knowledge
Draw administration
Notary Public
Credit policy

Education

Bachelor's degree

Tools

Loan systems
Documentation review

Job description

U.S. Bank is seeking an experienced administrator for SBA construction and renovation loans. You will review, coordinate and oversee disbursements, ensuring compliance with SBA 7(a)/504 programs, bank policy, and documentation standards.

You will work with Relationship Managers, SBA Underwriters, and loan teams to manage the end-to-end draw process, maintaining lender protections and accurate lien and title records.

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