Construction Lending Administrator

Who we are: Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, employee retention, and happiness. We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions. Our brand is known for on-time closings – a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations. Who we are looking for: Cornerstone Home Lending is seeking a motivated individual to join our construction lending team. This individual will work with our construction lending department to communicate with borrowers when the project is near 80% complete through the modification process from construction to permanent phase of the loan when construction is complete. Key Responsibilities: Notify borrowers that insurance is in place prior to final draw Explain what to expect when it is time for final draw Request evidence of insurance Balance final loan numbers for construction funds and fees Notify and work with LOs to complete the float-down process Update spreadsheet with daily tasks completed Balance all loans with draws to the weekly servicing spreadsheet Request final transactions for balancing with accounting Track modification process from final draw processed to executed modification recorded What you'll need to be successful: High school diploma or equivalent Proficiency with Microsoft Excel, Word, and Outlook Compliance with all applicable laws and regulations related to mortgage lending Solid analytical skills with the ability to exercise prudent judgment Exceptional organization and time-management skills Comfortable being a team player Strong interpersonal, verbal, and written communication skills Ability to work through stressful situations professionally Attention to detail What we offer: We offer a competitive salary, a full benefits package, and the potential for a performance-based bonus. Equal Opportunity Employer. Protected Veterans. Individuals with Disabilities. 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. #J-18808-Ljbffr Cornerstone Capital Bank