Job description
Overview:
The primary responsibility of this position is to administer residential construction loans to builders, including review of related documents, coordination of inspections, monitoring completion against schedules, disbursement of funds and associated recording, and conversion to permanent mortgage when construction is complete. Responsibilities:
Qualifications:
EEO Statement: Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.
This is a full-time position located in our Bonney Road office in Virginia Beach, Va
The primary responsibility of this position is to administer residential construction loans to builders, including review of related documents, coordination of inspections, monitoring completion against schedules, disbursement of funds and associated recording, and conversion to permanent mortgage when construction is complete.
- Monitor, accept, review and process draw requests, schedule inspections, disburse funds to borrowers, and record all activities in accordance with established procedures
- Process loan conversion to permanent mortgage when construction is complete, prepare necessary paperwork, ensure all approvals and signatures are obtained, follow up with borrowers as required and respond directly to any inquiries
- Monitor loan pipeline and job completion vs schedules, prepare notifications to borrowers regarding extension and related options, and process loan extensions as required
Qualifications:
Required Education
High School Diploma or equivalent.
Required Experience
6 to 12 months Loan, Mortgage or Construction Administration.
Knowledge, Skills and Abilities:
EEO Statement: Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.
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