Senior Construction Modification Specialist

Senior Construction Modification Specialist

This position underwrites mortgage loan applications evaluating loans to determine credit risk, minimizes risk and loss, as well as ensuring eligibility for sale to the secondary market. This role reviews property appraisal to determine acceptability of collateral.

Essential Duties and Responsibilities:

• Track construction loans that are nearing completion.
• When construction is nearing completion, work with loan officer and processor regarding the need for updating the file. Determine whether this is a preferred loan or not, FNMA or Freddie Mac, VA, or FHA.
• Depending on the State the property is in, identify any special requirements for that State, for example: California requires a Notice of Completion and has special Notary acknowledgements.
• Monitor expiration dates for appraisals to make sure they are no older than 12 months at recording. Instruct processor to obtain new appraisal as needed.
• Monitor the lock expiration on construction loans to make sure they are modified in a timely manner.
• Work with processor, LO and underwriter to make sure all prior to purchase underwriting conditions are cleared and clear all remaining construction conditions.
• Review 442. Determine if a recertification of value is required and has been done. Review final Job Progress Report.
• Coordinate with borrower, accounting, loan servicing and draw specialist for final disbursements and set up of reserves while ensuring that borrower is current on property taxes and insurance.
• Assist loan officer and secondary by providing final terms for locking the float down.
• Prepare modification agreements and escrow waivers or Initial Escrow Account Disclosure and contact customers to explain the modification process and arrange for them to sign the papers.
• Determine if modification can be e-recorded or work with title companies in the county that the property is located to record the modification.
• Constantly monitor that all documentation is still within timelines and nothing has expired, or contact processors, loan officers and underwriting for new requirements.
• Provide timely communication with all applicable departments when loan has been modified.
• Make sure the process is as seamless as possible while providing the "WOW" factor to our customer, loan officer and all internal personnel.
• Work with Borrower and their representatives to resolve construction deficiencies or defects in the documentation.
• Help create written processes and change written processes as needed.
• Be able to accurately convey the final construction process to all parties involved and obtain all required documentation within the designated time frame.
• Other duties as assigned.

Performance Expectations:

• Perform all actions in accordance with the Mission, Vision, and Convictions of EHL.
• Provide a "WOW" experience and effectively communicate with associates, clients, partners, and vendors via phone, written communication and/or in person.
• Seek Feedback: Host regular and timely communication with associates and Manager.
• Be willing to assume additional responsibilities/duties/projects as they arise.
• Have strong organization skills, the ability to learn quickly, and accuracy/timeliness in completing tasks.
• Perform all actions in accordance with policies and procedures of the company.
• Expected to meet productivity guidelines of the position.
• Effectively use software specific to the position and Microsoft office products.
• Continuously explore, adopt, and integrate approved AI tools into daily work to improve productivity, accuracy, scalability, and workflow efficiency, while ensuring compliance with company policies, security standards, and data protection requirements.
• Work well with other members of the EHL team and be willing to fill in when needed.

Specific Skills/Knowledge/Abilities Required for Position:

• Minimum of 2 years' experience in real estate and real estate lending, mortgage and construction lending experience, required.
• 2-3 years Construction lending experience, required.
• Processing and loan administration experience preferred.
• Proficient in computer skills and familiarity with complex Excel formulas.
• Exercise good judgment and strong character, motivated, hard working.
• Ability to work well with fellow associates, clients and vendors.

Physical Requirements:

• Requires all forms of dexterity and mobility throughout the shift, which may include extended periods of sitting and/or standing. Occasionally required to reach with hands and arms, twist, climb or balance, stoop, kneel crouch or crawl.
• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral, depth perception and the ability to adjust focus.
• Must be able to speak and hear, lift and carry up to twenty-five pounds (25 lbs.) or occasionally more.
• Ability to work in a fast-paced, occasionally noisy environment.
• May be required to drive for business purposes and if so, must hold a driver's license in good standing and maintain personal auto insurance in compliance with EHL's Auto Insurance policy.

Compensation:

The base hourly range rate for this position is $22.40 - $42.11 per hour, depending on a number of factors including location and experience. If applicable, associate may be eligible for per-file incentives, commissions, bonuses or other variable earnings as determined upon hire.

Benefits and Perks:

Eligible associates (and their families) have the option to enroll in medical, dental, and/or vision coverage of which both the associate and the company contribute towards expenses. Basic Life/AD&D insurance for eligible associates as well as a Short-term Disability benefit are provided by Evergreen. Additional Voluntary Life/AD&D, Long-term Disability benefits and Legal/ID protection plans paid for by the associate are also available. Associates are automatically enrolled in Evergreen's 401(k) plan. Personal Time Off (PTO) of up to 13.34 hours may be earned monthly and associates may enjoy 9 paid holidays each year. Paid voluntary day of work, company matching on charitable donations and mortgage loan benefit.

Evergreen is an equal opportunity employer and E-Verify employer.

Equal Housing Lender

2026 Evergreen Moneysource Mortgage Company dba Evergreen Home Loans NMLS ID 3182. 15405 SE 37th Street, Suite 200 Bellevue, WA 98006 Equal Housing Lender. Trade/service marks are the property of Evergreen Home Loans. All rights reserved. AZ Mortgage Banker License #0910074; CA Licensed by the DFPI under the CRMLA #4130291; NV Mortgage Company License 4837; NJ Licensed by the N.J. Department of Banking and Insurance. Evergreen Home Loans does not represent HUD or FHA and the information provided here was not authored, approved, or endorsed by HUD or FHA. For individual and company license information visit

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.