Draw Processor I

In this role you'll have the opportunity to:

• Responsible for obtaining documentation and approvals necessary to extend matured loans in a timely manner.
• Prepare and process completed modification and/or extension documents for of all types of construction loans. Calculate and apply extension fees. Submit invoices for payment.
• Responsible for ordering and reviewing updated appraisals, 442s, and title policies.
• Assist in the preparation of file for possible sale on the secondary market.
• Monitor construction draw portfolio to facilitate final draws and modifications in accordance with company policy and secondary marketing guidelines.
• Responsible for gathering and reviewing documents pertaining to the completion of home loan construction.
• Responsible for processing system changes to convert loans from the construction to permanent financing phase.
• Responsible for complying with policies, procedures, security requirements, and government regulations.

Education & Certifications

• H.S. Diploma: required

Experience

• 0 to 2 years of mortgage servicing or banking experience required

Knowledge, Skills and Abilities

• Knowledge of all forms and documents for processing all real estate loan types.
• Ability to understand and apply changes to regulations and requirements to daily work.
• Ability to prioritize, multi-task, and meet deadlines.
• Ability to work independently and as part of a team.
• Posses well-developed verbal and written communication skills including proper grammar and correct spelling. Communication occurs via phone, email, or written correspondence with customers and co-workers.
• Knowledge of investor, federal and state laws and regulations relating to mortgage servicing.

Compensation & Benefits

• Targeted starting hourly range (based on experience): $ - $24.59
• Incentive potential
• Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
• Paid vacation time, sick time and 11 company paid holidays
• 401k (with up to 4% match)
• Tuition reimbursement
• Get more information at: