Role
Assist New Home Lending Company underwrite temporary financing loans. Contribute to the mission of providing excellent customer service to business partners, builder partners, and borrowers.
Essential Functions & Responsibilities
40%
Analyze and underwrite construction loan applications according to NHLC Credit Policy standards, including ground-up developments, renovations, and prospective bridge loans within contractual deadlines.
40%
Review borrower financials, credit reports, project budgets, appraisals, and construction plans. Ensure land feasibility items are gathered and verified prior to loan decisions. Collaborate with originating partners, local jurisdictions, and borrowers as needed to acquire proper loan documentation
10%
Assist with the maintenance of construction loan procedures related to construction loan file setup, processing, and underwriting. Train employees and partners as needed.
Performance Measurements
- Team mindset and positive attitude is a must.
- Ensure processing pipeline of Construction loans are disclosed and underwritten in a timeframe that meets or exceeds SLAs.
- Deliver Loan Commitments to processing as the business requires.
- Proficiency and expertise with NHLC business systems.
- Provide mentorship and training to team as needed.
- Deliver excellent customer service to Investor, Business, and Builder partnerships.
Knowledge, Skills, and Abilities
Experience
10+ Years of Mortgage Loan Processing and or Underwriting.
Education
Documented education in Business or Finance may be substituted for equivalent work experience.
Interpersonal Skills
Great attitude is a must. Timely and accurate communication with NHLC team and partners. Courtesy and tact with customer service are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.
Other Skills
Must have the ability to use technology specific to loan origination management.
Physical Requirements
Requires exceptional communication with customers and other employees in person and using common telecommunications equipment and computer equipment. Must be able to read, examine, and organize daily tasks. May require the ability to sit, stand, and walk around for extended periods of time.
Work Environment
Position will typically take place in a peaceful office environment although it may be extremely busy during peak periods. The ability to multitask and focus in this environment is essential. Consistent attendance is also an essential function to leading this team.