Construction & Renovation Coordinator at New American Funding

, , United States -

Full Time

Start Date

Immediate

Expiry Date

19 Apr, 26

Salary

32.0

Posted On

19 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Structuring, Construction Loans, Renovation Loans, Document Review, Condition Review, Communication, Project Management, Accounting Coordination, Customer Service, Attention to Detail, Mortgage Experience, Encompass, FHA Loans, VA Loans, USDA Loans, Conventional Loans

Industry

Financial Services

Description

Overview Position: Construction & Renovation Coordinator Location: U.S. Remote Pay: $26.00 - $32.00/hr DOE Position Summary: Reporting to the Operations Manager of Renovation and Construction, the Coordinator is a subject matter expert responsible for the daily management and operational flow of NAF’s construction and renovation loan pipeline. This role is critical in ensuring a smooth, compliant, and efficient process from loan structuring through post-closing draw administration and final loan modification. The Coordinator will serve as a central point of contact for Loan Officers, Operations staff, builders, and borrowers. Responsibilities Primary Responsibilities: Front-End Loan Structuring & Guidance: Serve as the go-to resource for Loan Officers, providing expert guidance on structuring loans for all NAF Renovation and Construction products, including: Construction-to-Perm (One-Time and Two-Time Close): Conventional, FHA, USDA and VA OTC programs. Renovation Loans: FHA, VA, USDA, and Conventional Pre-Closing Document & Condition Review: Perform detailed reviews of all construction and renovation documents to verify that the information requested by the underwriter has been uploaded and is correct. Scrutinize and validate all conditioned items prior to resubmission to Underwriting, ensuring readiness for condition clearance. Communicate any discrepancies, errors, or missing documentation directly to the appropriate parties for correction via the "Renovation/Construction Review Form" tab in Encompass. Post-Closing Project & Draw Management: Act as the primary liaison with our third-party construction management company to obtain all required documentation for builder draw requests. Clearly communicate draw fund disbursement requirements, procedures, and timelines to all builders to manage expectations and ensure a smooth funding process. Partner with the Accounting department on all construction draw disbursements and the timely payment of any outstanding third-party invoices. Qualifications Desired Education/Experience: High School Diploma Minimum 2 years Mortgage experience Renovation and construction loan experience Builder and Contractor Review experience Attendance, promptness, professionalism, the ability to pay attention to detail, cooperativeness with co-workers and management, and excellent customer Mortgage System and platform experience – Encompass, Ellie Mae, Etc. Work Authorization: Must be able to verify identity and employment eligibility to work in the U.S. Other Duties: This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned in order to meet the needs of the organization. Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Must be able to lift up to ten pounds. Primary functions require sufficient physical ability and mobility to work in an office setting; to stand or sit for prolonged periods of time; to occasionally stoop, bend, kneel, crouch, reach, and twist; to lift, carry, push, and/or pull light to moderate amounts of weight; to operate office equipment requiring repetitive hand movement and fine coordination including use of a keyboard; and to verbally communicate to exchange information. VISION: See in the normal visual range with or without correction. HEARING: Hear in the normal audio range with or without correction. [EOE/M/F/D/V. Drug-free workplace.] #LI-KZ1 #LI-REMOTE

Responsibilities

The Construction & Renovation Coordinator manages the daily operations of the construction and renovation loan pipeline, ensuring compliance and efficiency from loan structuring to post-closing. They serve as a central point of contact for various stakeholders including Loan Officers, builders, and borrowers.