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Careers: Loan Processor

 

We are looking for a seasoned Loan Processor to join our team in Puyallup, Washington! In this role you are the go-to person for our borrowers and help provide them with the best class customer service promptly; no two days are the same.

Builders Capital is the nation’s largest private construction lender, offering innovative financing solutions to a wide spectrum of developers and homebuilders. Loan products include options for Acquisition, Development, Construction, and Bridge financing, in the form of single-asset loans, portfolio loans, and revolving credit facilities. In addition to financing opportunities, Builders Capital borrowers can leverage national accounts for material purchase discounts, and access cutting-edge technology for project management, accounting, and BIM technology tools. Builders Capital is headquartered in Puyallup, Washington, with regional sales offices across the country.

Essential Functions:

  • Daily job duties include gathering documentation, data entry, review, and validation of loan documentation, pipeline management, analyzing budgets, and identifying line items that may need to be changed in conformity with Builders Capital standard draw requirements.
  • Obtain and review third-party services (appraisal, title, flood determination, etc.).
  • Monitor the pipeline to ensure key dates and timelines are met.  Proactively work the pipeline to meet monthly closings and set appropriate closing expectations with borrowers.
  • Lead weekly pipeline meetings with LO and track loan status and progress.
  • Submission to the Credit Analyst, make sure all required documentation has been obtained before the analyst reviews.
  • Obtain the conditions required for closing the loan. Follow up with Borrowers and third-party providers as frequently as daily to obtain the required documents.
  • Review documentation with an eye for detail to ensure all conditions are accurate and meet Builders Capital requirements.

Qualifications:

  • Three years of commercial loan processing experience.
  • Demonstrate strong written and verbal communication skills.
  • Detail orientation and highly organized.
  • Ability to build strong relationships with loan officers, production, underwriting, closing, and other internal and external partners.
  • Proficient in word processing and spreadsheet software skills.
  • Strong ability to solve complex problems and prioritize multiple tasks and responsibilities.

Benefits:

  • Health insurance – Builders Capital pays 100% of employee Medical insurance premiums
  • Competitive wages
  • Paid time off – 3 weeks a year
  • Paid holidays – 10 paid holidays
  • Health Savings Account (HSA) – Builders Capital puts $62.50 a month into an HSA account for employee.

Competitive salary commensurate with experience, ranging from $28.85 to $34.00 hourly.  Final compensation will be determined based on the candidate’s qualifications, skills, and relevant experience.

This job posting highlights the most critical responsibilities and requirements of the job; however, there may be additional duties, responsibilities, and qualifications for this job.

Construction Loan Services II LLC (Builders Capital) and its affiliates are Equal Employment Opportunity (EEO) employers and welcome all qualified applicants. This is a full-time exempt position. The job description contained herein is not intended to be a comprehensive list of the duties and responsibilities of the position, which may change without notice.