About the Position

Location: Lexington, SC

This position will be responsible for managing all aspects of a closed residential mortgage construction loan all the way up to its modification or refinancing into a permanent loan. 

• Builder vetting:
  • Begin interfacing with a new builder to obtain all documents required to vet and approve a builder. Present the builder approval package to Manager of Mortgage Operations for approval.
  • Maintain a log and record of all approved/excluded builders with an objective to re-vet a builder as required.

• Draw management:
  • Introduce self to a builder’s draw request personnel and serve as a single point of contact at First Community Bank (FCB) for all draw related matters.
  • Initiate inspection request upon receiving a draw request.
  • Track and monitor SLA(s) of each inspector with a view to terminating those failing to adhere to them.  
  • Track, monitor and report on draw turn times with an objective to maintain tight SLAs to enable FCB’s MLOs to highlight our expedited draw times as a key value proposition when soliciting new builders for business.
  • Post the draw amount on Horizon while adhering to a strict SLA.
  • Calculate each draw amount with 100% accuracy.
  • Engage an MLO as an escalation/clarification on an exception basis as required.
•  Maturing loans and Modifications:
  • Track, monitor and report construction loans while in their project phase to alert the Operations Manager on loans nearing maturity period with less than expected completion percentage. Process the loan extension agreement as required and monitor it until the home’s completion.  
  • Engage the modifications expert on the team to provide them a line of sight to homes nearing completion so that they can begin the modification phase.
• Monitoring, Tracking and Reporting working reports and management reports pertaining to draws, inspections and modifications.

• Bachelor’s degree in business, accounting or related field and 3 to 5 years of residential mortgage banking experience, or an equivalent combination of education and experience.
• Strong problem-solving skills.
• Excellent verbal/ written communication skills.

• Ability to compute moderately complex math calculations.
• Proficiency in Built, Encompass, Microsoft Excel, Word and FIS/Horizon.