Posted in General Business 13 days ago.
Type: Full-Time
Position Title
Draw Administrator Analyst
Location
Work From Home United States
Job Summary
This position is the liaison between the borrower, builder and possibly the draw administration vendor. The individual will be responsible for issuing draws on all construction products and renovation type products in addition to balancing the accounting of funds within each loan. They will handle new loan set up packages, which will include reaching out to both borrowers and builders. All draw requests will be processed according to regulatory requirements.
The individual will manage their own draw pipeline, which will include corresponding with borrowers and/or builders for status updates on inactive projects. They will ensure the project is completed within the allotted timeframe and may possibly assist with the creation of an action plan for a stalled project. They will be required to obtain title updates, surveys, inspections and follow up on any outstanding invoices or lien waivers. The individual may need to obtain additional builder documentation in order to release a draw or close out a project.
As the borrower's liaison during the construction phase of the loan, the individual may also have communication with the borrower pertaining to their monthly payment, the amount due and any outstanding customer service type questions.
Pay Range: $16.31 - $22.87 - $29.44
Job Responsibilities:
Job Requirements:
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