Builders Capital is looking for a highly motivated Transaction Coordinator to join our team! As a Transaction Coordinator, you are the go-to person for our borrowers and help provide them with the best class customer service in a timely manner; 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, budget reconciliation, draws and servicing portfolio management.
- Responsible for reviewing, analyzing, and processing loan draws for all assigned construction projects, order inspections, fund disbursements, review of invoices, lien waivers, and budget.
- Manage loan maturity dates, process extensions, and modifications to keep servicing portfolio current.
- Review account history and coordinate with borrowers to ensure the account stays up to date. Collect payments on past due accounts and make recommendations on non-responsive borrowers.
- Flag exceptions and any Borrower concerns to the asset management team. Place loans on the watch list as concerns arise.
- Provide best-in-class servicing to Borrowers, providing excellent communication and updates on the draws in process. Proactively coach Borrowers on tools for submitting draw requests.
- Obtain third-party services (appraisal, title, flood determination, etc.) as needed.
- Communicate with loan officers and borrowers via telephone and email (request documentation, answer questions, provide status, etc.).
- Order & “review” inspection reports and date downs or lien searches.
- Clear post-funding conditions as it relates to draw processing.
QUALIFICATIONS:
- Three to five years related experience and/or training; or equivalent combination of education and experience.
- Working experience in lending, banking, or real estate.
- Title experience is preferred.
- Proficient in Microsoft Office products including Excel, Word, and Outlook. Pivot Tables and VLOOKUP’s in Excel are a plus.
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 contributes $750.00 annually pro-rated from your start date into your account.
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.
