Draw Coordinator
RemoteUnited States
Job Summary
Review and process construction loan draw requests in a timely and accurate manner. Coordinate with borrowers, builders, contractors, and inspectors to verify project progress and completion. Ensure all required documentation, including invoices, lien waivers, and inspection reports, is complete and compliant. Monitor construction budgets and track disbursements against approved loan amounts while maintaining accurate loan records. Communicate clearly with all parties to resolve discrepancies and provide reporting updates to loan officers, underwriters, and management. This role supports the construction lending team with administrative and operational tasks, ensuring funds are disbursed in accordance with loan agreements, project progress, and company policies.
Required Qualifications
- High school diploma or equivalent
- Proficiency with Microsoft Office Suite
- Proficiency with loan servicing software
Desired Qualifications
- Associate or bachelor's degree in business, finance, or related field
- Previous experience in mortgage lending, loan processing, construction lending, or related field
- Strong attention to detail
- Organizational skills
- Excellent communication and customer service abilities
- Ability to manage multiple tasks
- Ability to meet deadlines
- Ability to work in a fast-paced environment
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