Draw Processor I
As a Draw Processor with Banner Bank you will Perform administrative duties needed to ensure accurate and timely processing of construction loan final draw and floatdown documentation.
- Responsible for obtaining documentation and approvals necessary to extend matured loans in a timely manner.
- Prepare and process completed modification and/or extension documents for of all types of construction loans. Calculate and apply extension fees. Submit invoices for payment.
- Responsible for ordering and reviewing updated appraisals, 442s, and title policies.
- Assist in the preparation of file for possible sale on the secondary market.
- Monitor construction draw portfolio to facilitate final draws and modifications in accordance with company policy and secondary marketing guidelines.
- Responsible for gathering and reviewing documents pertaining to the completion of home loan construction.
- Responsible for processing system changes to convert loans from the construction to permanent financing phase.
- Responsible for complying with policies, procedures, security requirements, and government regulations.
- H.S. Diploma: required
- 0 to 2 years of mortgage servicing or banking experience required
- Knowledge of all forms and documents for processing all real estate loan types.
- Ability to understand and apply changes to regulations and requirements to daily work.
- Ability to prioritize, multi-task, and meet deadlines.
- Ability to work independently and as part of a team.
- Posses well-developed verbal and written communication skills including proper grammar and correct spelling. Communication occurs via phone, email, or written correspondence with customers and co-workers.
- Knowledge of investor, federal and state laws and regulations relating to mortgage servicing.
- Targeted starting hourly range (based on experience): $18.17 - $24.59
- Incentive potential
- Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
- Paid vacation time, sick time and 11 company paid holidays
- 401k (with up to 4% match)
- Tuition reimbursement
- Get more information at: Employee Benefits | Banner Bank
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Banner Bank is a dynamic full-service financial institution, operating safely and profitably within a framework of shared integrity. Working as a team, we will deliver superior products and services to our valued clients. We will emphasize strong ...
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