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Centennial Bank

Mortgage Loan Construction Administrator (MORTG012958)

Centennial Bank, Conway, Arkansas, us, 72035

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Mortgage Loan Construction Administrator (MORTG012958)

1 month ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. This job was posted by https://www.arjoblink.arkansas.gov : For more

information, please see: https://www.arjoblink.arkansas.gov/jobs/4451397

The Mortgage Loan Construction Admin establishes and maintains

construction loan accounts and administers construction loan draws. This

position performs the builder approval process and builder setup. The

Mortgage Loan Construction Admin supports clients and builders with the

construction loan and the modification process through the closing of

the secondary market loan.

**ESSENTIAL DUTIES AND RESPONSIBILITIES**

1\. Monitor and provide approval of Construction Perm loans before and

at closing. This duty is performed daily, about 10% of the time.

2\. Process pre-closing on construction loans by reviewing documents

such as construction contracts, plans, specs, site plans, title work,

Construction and Repair forms, etc. This duty is performed daily, about

10% of the time.

3\. Review and file recorded documents for accuracy after closing. This

duty is performed weekly, about 5% of the time.

4\. Create a full work up of inspections of property throughout the

construction phase. This duty is performed daily, about 15% of the time.

5\. Approve documents such as Builders Risk, Builder Liability, Flood

Insurance, Notice to Owners, Lien Waivers, Notice of Commencements,

Foundation Surveys, etc. This duty is performed daily, about 10% of the

time.

6\. Process final draws and facilitate modifications. This duty is

performed daily, about 5% of the time.

7\. Utilize reports and data to monitor workload and loan status. This

duty is performed daily, about 15% of the time.

8\. Oversee the extension of Notice of Commencements. This duty is

performed weekly, about 5% of the time.

9\. Process extensions of the interest-only term of Construction Perm

loans. This duty is performed monthly, about 5% of the time.

10\. Provide support to the Home Builder Approval Program. This duty is

performed quarterly, about 5% of the time.

11\. Collaborate with Borrowers and Builders about inquiries. This duty

is performed daily, about 5% of the time.

12\. Monitor past due Construction Perm loans. This duty is performed

weekly, about 5% of the time.

13\. Maintain confidentiality. This duty is performed daily.

14\. The ability to work in a constant state of alertness and in a safe

manner. This duty is performed daily.

15\. Completes required BSA/AML training and other compliance training

as assigned. This duty is performed quarterly.

16\. Perform any other related duties as required or assigned.

**QUALIFICATIONS**

To perform this job successfully, an individual must be able to perform

Each Essential Duty Mentioned Satisfactorily. The Requirements Listed

below are representative of the knowledge, skill, and/or ability

required.

**EDUCATION AND EXPERIENCE**

Broad knowledge of such fields as accounting, marketing, business

administration, finance, etc. Equivalent to a four-year college degree,

plus 5 years related experience and/or training, and 2 years related

management experience, or equivalent combination of education and

experience.

**COMMUNICATION SKILLS**

Ability to effectively communicate information and respond to questions

in person-to-person and small group situations with customers, clients,

general public and other employees of the organization.

**MATHEMATICAL SKILLS**

Ability to calculate figures and amounts such as discounts, interest,

commissions, proportions, percentages, area, circumference, and volume.

Ability to apply concepts such as fractions, ratios, and proportions to

practical situations.

**CRITICAL THINKING SKILLS**

Ability to solve practical problems and deal with a variety of known

variables in situations where only limited standardization exists.

Ability to interpret a variety of instructions furnished in written,

oral, or diagram formats.

**REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS**

Not indicated.

**PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS**

Notary

**SOFTWARE SKILLS REQUIRED**

Mastery: 10-Key, Alphanumeric Data Entry

Advanced: Word Processing/Typing

Intermediate: Accounting, Contact Management, Database, Spreadsheet

**WORKING CONDITIONS**

Normal working conditions as found within an office setting, wherein

there is controlled temperature and a low noise level, plus a minimum of

distractions.

**ENVIRONMENTAL CONDITIONS**

The following work environment characteristics described here are

representative of those an employee encounters while performing

essential functions of this job. Reasonable accommodations may be made

To Enable Individuals With Disabilities To Perform The Essential

functions.

The noise level in the work environment is usually moderate.

**PHYSICAL ACTIVITIES**

The following physical activities described here are representative of

those that must be met by an employee to successfully perform the

essential functions of this job. Reasonable accommodations may be made

to enable individ Seniority level

Seniority level Mid-Senior level Employment type

Employment type Full-time Job function

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