Construction Draw Specialist

Company Description

Guild Mortgage has been a trusted independent mortgage provider since 1960, known for prioritizing customer satisfaction and offering tailored lending solutions. The company provides a wide array of specialized products and services designed to meet the unique needs of every homebuyer. With a commitment to closing loans on time and fostering long-term relationships, Guild Mortgage services the majority of loans it closes. Employing experienced loan officers and operating as a direct lender, Guild has earned a strong reputation for its stability and personalized service across economic cycles. Guild Mortgage is an Equal Opportunity Employer, fostering inclusivity and diversity in the workplace.

Role Description

The Construction Draw Specialist is a full-time, on-site position based in Draper, UT and plays an important role in the organization by performing several tasks related to the Construction Department's loan servicing and administrative functions. This role requires a strong leader with extensive experience in commercial loan servicing operations, compliance, and customer service. Responsibilities include reviewing and approving invoices, managing budgets, and maintaining accurate records. The specialist will also collaborate with internal teams to align construction projects with company policies and timelines.

Essential Functions

• Using BUILT Technology draw software to manage draw requests, including uploading documents, entering construction budgets, reconciling expenses, and balancing our CORE system to ensure accurate tracking of loan funds.
• Oversee and process construction loan draw requests, lien wavers, order property inspection reports, review loan advances, payments, payoffs, process loan extension agreements, and prepare loan closing documents.
• Keep track of project timelines, delays, and proactively monitor construction portfolio to ensure project progression.
• Build and maintain strong relationships with customers, builders, developers, and company personnel.
• Collaborate with other departments, including loan origination, underwriting, and compliance, to streamline processes and improve efficiency.
• Provide a high level of clerical assistance to Construction Lending Manager as needed, this may include acquisition & development loan and guidance line of credit loan tracking, compiling basic reports, ordering insurance, ordering appraisals, title and escrow documents, etc.
• Ensure compliance with all applicable federal, state, and investor guidelines, as well as company policies and procedures.
• Perform other duties as assigned.

Qualifications

• High school diploma or equivalent required, bachelor's degree in business, finance, construction lending, or a related field preferred.
• Minimum of three years of experience in construction loan servicing related role(s).
• Understanding of budgeting & accounting principles, construction finance, the building process, and associated industry terminology preferred.
• Expert-level knowledge of overall lending processes, including underwriting, funding, and loan processing.
• Demonstrated leadership. Excellent communication skills, both verbal and written, with the ability to effectively interact with employees, customers and senior management.
• Proven analytical and problem-solving skills, with the ability to make sound decisions in a fast-paced environment.
• Detail oriented with a commitment to accuracy and quality.
• Prior experience processing or originating loans is helpful and strongly preferred.
• Proficiency in Microsoft Office suite and Built Technologies construction draw processing software.
• Ability to organize and manage multiple priorities simultaneously and adapt to new processes.
• Ability to thrive in a deadline-driven environment, including demonstrating excellent time management, organization, and planning skills.
• Self-motivated with a strong attention to detail.
• Ethical, with a commitment to company values.

Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.

Guild Mortgage Company is an Equal Opportunity Employer.

Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant's geographical location.

Benefits found in job post

401(k)