If you are looking for a challenging and rewarding career, we'd like you to join our Security Bank of Kansas City team! Our banking professionals receive paid training and ongoing education, opportunities for growth and advancement, great benefits, and use the latest in technology to help make the experience at Security Bank pleasant one for our staff as well as our customers!
Job Description:
The Loan Administration Construction Loan Specialist is responsible for managing and overseeing the lifecycle of single-family residential and commercial construction loans. This includes coordinating with borrowers, builders, inspectors, title companies, and internal departments to ensure timely and accurate disbursement of loan funds. The role involves evaluating construction draw requests and tracking budgets along with handling new and renewal loan closings.
Primary Job Functions:
- Pull credit bureau reports as needed
- Order appraisals as needed
- Obtain all the required documentation: title commitment, settlement statements, vehicle title, insurance, flood certificate, etc.
- Work with LaserPro Documentation Support to obtain loan documents
- Review and verify all loan documentation received from LaserPro Documentation Support for accuracy and completeness prior to submitting to Lender for closing
- Upon receipt of executed documents, forward information to Silverlake Support for input to core system.
- Make tickets, print checks, mail payoffs, send any documents for recording and file Notice of Liens and UCCs
- Verify Silverlake loan input including Collateral Tracking
- Review documents uploaded to Synergy for accuracy
- Follow up on collateral tracking exceptions
- Process construction draws
- Careful review of draw requests to identify possible budget problems
- Review inspection reports and draw documents for accuracy, and for conformance with the loan budget
Additional Duties and Responsibilities:
- Customer Service, both in person and by phone:
o Process loan payments
o Advance on loans per loan officer/borrower
- Verify loan payments
- Verify loan file maintenance
- Complete loan verifications
- Prepare lien releases, deeds of release, mortgages, etc.
- Prepare letters and other correspondence
- Prepare Payoff Letters
- Process payments for outstanding invoices (title companies, etc.)
- Other duties as assigned
Skill Requirements:
- Critical thinking
- Ability to effectively multi-task and prioritize workflow
- Ability to work accurately with close attention to detail
- Excellent communication and customer service abilities
- Proficiency with Microsoft Office Suite and loan servicing systems
- Knowledge of residential construction processes and terminology
- Familiarity with lending practices, title insurance, and loan servicing platforms
