Construction Lending Administrator

***No agencies or 3rd party Recruiters please. Thank you! ***

Who we are:

Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, employee retention, and happiness. We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions. Our brand is known for on-time closings - a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for:

Cornerstone Home Lending is seeking a motivated individual to join our construction lending team! This individual will work with our construction lending department to communicate with borrowers when project is near 80% complete through the modification process from construction to permanent phase of the loan when construction is complete.

Key Responsibilities:

• Notify borrowers insurance to be in place prior to final draw
• and what to expect when time for final draw.
• Requesting Evidence of Insurance
• Balancing final loan numbers for construction funds and fees.
• Notifying and working with LO's to complete the float down process
• Updating spreadsheet with daily tasks completed
• Balancing all loans with draws to weekly servicing spreadsheet
• Requesting final transactions for balancing with accounting
• Tracking modification process from final draw processed to executed modification recorded

What you'll need to be successful:

• HS Diploma or equivalent
• Microsoft Products (Excel, Word, Outlook)
• Comply with all applicable laws and regulations related to mortgage lending.
• Solid analytical skills with the ability to exercise prudent judgment
• Exceptional organization and time management a must
• Comfortable being a team player
• Strong interpersonal skills in addition to verbal/written communication
• Ability to work through stressful situations professionally
• Attention to detail

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.

What to do next:

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.