Draw Processor I

Job description

As a Draw Processor with Banner Bank you will Perform administrative duties needed to ensure accurate and timely processing of construction loan final draw and floatdown documentation. In this role you'll have the opportunity to: - Responsible for obtaining documentation and approvals necessary to extend matured loans in a timely manner. - Prepare and process completed modification and/or extension documents for of all types of construction loans. Calculate and apply extension fees. Submit invoices for payment. - Responsible for ordering and reviewing updated appraisals, 442s, and title policies. - Assist in the preparation of file for possible sale on the secondary market. - Monitor construction draw portfolio to facilitate final draws and modifications in accordance with company policy and secondary marketing guidelines. - Responsible for gathering and reviewing documents pertaining to the completion of home loan construction. - Responsible for processing system changes to convert loans from the construction to permanent financing phase. - Responsible for complying with policies, procedures, security requirements, and government regulations. Education & Certifications: - H.S. Dip...