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Draw Administrator
CrossCountry Mortgage, LLC. Manage and maintain the residential construction and renovation loan disbursement process .
About the role
Key responsibilities & impact- Manage and maintain the residential construction and renovation loan disbursement process
- Transfer loans from loan origination system to draw administration system
- Assemble draw packages
- Track lien releases and/or sworn statements
- Monitor each line item in the project budget by utilizing spreadsheets and systems
- Order and coordinate inspections (internal and external)
- Order title updates, verify lien position, and order surveys as required
- Maintain tracking logs on projects, draw status, outstanding or incomplete work
- Update notes with any communication and status within draw system
- Communicate with the contractor, borrower, loan originator, and others with the status and results of construction draws
- Disburse draws within allotted timeframes set by agency and lender
- Review construction contracts and renovation bids
- Perform required checks on contractors; review contractors and builders per lender vetting process
- Maintain contractor and builder acceptance lists
- Monitor builders risk insurance during renovation and construction of property to convert to HOI
- Performs such other duties as required
Requirements
What you’ll need- High School diploma or equivalent
- 5 years of mortgage residential real estate or construction lending experience, preferred
- Knowledge of Encompass and Land Gorilla Construction Loan Manager, preferred
- Familiarity with and ability to obtain required state/county/city permit/license requirements
- Proficient math and analytical skills
- Excellent communication and problem solving skills
- Excellent prioritization and time management skills
- Proficient with Microsoft Outlook, Excel, Word and Windows
Benefits
Comp & perks- medical
- dental
- vision
- 401K
- company-provided short-term disability
- employee assistance program
- wellness program
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
mortgage lendingconstruction lendingbudget monitoringdraw administrationcontract reviewanalytical skillsmath skills
Soft Skills
communication skillsproblem solving skillsprioritization skillstime management skills
Certifications
High School diplomastate/county/city permit/license