Construction Disbursement Administrator
Current• Monitor and fund real estate loans for $100 million dollar developer portfolio.• Loans range in scope from $1 million to $50 million• Notify Loan Officers and management of liens, budget, inspection issues, or other conditions that increased risk.• Facilitate initial client meetings to orient clients to the disbursement process. • Problem solving disbursement and budget issues and escalating when necessary.• Liaise with multiple departments as part of the initial loan closing process and with any issues or special requests during the life of the loan.• Responsible for ensuring that all required documentation is received such as change orders, soft costs, lien waivers, invoices, etc.• Regular monitoring of loans to ensure construction is progressing, posting payments, & loan system updates.