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Construction Loan and Draw Disbursement Specialist

MTG Services

This is a Full-time position in Atlanta, GA posted November 12, 2021.

Come join our team!

MTG Services is management consulting company and direct hire placement agency that works with dozens of top mortgage lenders in the country.

We have been engaged to help our clients actively recruit experienced renovation and construction draw specialists with direct experience managing the draw administration tasks associated with construction and renovation loans.

Tasks include reviewing construction contracts, vetting contractors, ensuring working completion dates are followed, and making recommendations on draw requests.

We are not considering candidates who are do not have at least 1 year of experience in preparing or managing draw requests.

Primary responsibilities include:
Following the defined residential construction and renovation loan disbursement process
Transfer loans from loan origination system to draw administration system
Assemble draw packages
Monitor each line item in the project budget
Order title updates, verify lien position, order surveys
Maintain tracking logs
Communicate with the borrower, contractor, loan originator, and others regarding status or construction draws
Disburse draws
Review construction / renovation bids
Critical Requirements for all Candidates:
Must enjoy working with a company that values its team members
5+ years of experience in residential real estate or construction lending
Ability to perform effectively under constant deadlines and volume pressure
Excellent computer skills

Strong analytical skills required with a high degree of accuracy

Strong PC skill with experience in MS Office
Detail oriented and strong verbal / written communication skills

Ability to work independently and handle multiple priorities under stringent timelines
Experience in Encompass and Land Gorilla Construction Loan Manager is preferred
Our clients are offering above market compensation, potential signing bonuses, and a long list of benefits.

Please submit your resume and compensation requirements.

We would love to talk to you!

Job Type: Full-time

Pay: $40,000.00
– $80,000.00 per year

Benefits:
401(k)
401(k) matching
Dental insurance
Disability insurance
Flexible schedule
Flexible spending account
Health insurance
Life insurance
Paid time off
Vision insurance
Schedule:
Monday to Friday
Supplemental Pay:
Bonus pay
Application Question(s):
What are your compensation expectations?
Are you currently involved in submitting, reviewing, or approving construction loan draw requests?
Experience:
Construction Lending: 1 year (Required)
Mortgage Industry: 5 years (Required)
Work Location:
Multiple locations
Work Remotely:
Yes


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