Loan Disbursement Specialist – Remote

February 5, 2025

Job Description

Employer Industry: Financial Services

Why Consider This Job Opportunity

  • Salary range from $24.16 to $35.43 depending on experience
  • Comprehensive benefits starting on day one, including Medical, Dental, and Vision Insurance
  • Paid Training and generous Paid Time Off (PTO), along with 11 Paid Federal Holidays
  • 401(k) plan with company match and Profit Sharing options
  • Tuition Reimbursement up to $5,250 per year for qualifying employees
  • Hybrid work schedule offering flexibility in work arrangements

What To Expect (Job Responsibilities)

  • Review, analyze, and process customer loan draws for construction projects and disbursements
  • Schedule and direct pre-construction discussions with Borrowers, Builders, and Relationship Managers
  • Order, input, and review inspection reports and title endorsements
  • Ensure loan administration adheres to loan documents and bank policies
  • Proactively monitor assigned construction portfolios and provide regular updates on project statuses

What Is Required (Qualifications)

  • High School Diploma or Equivalent with experience in commercial, residential, real estate, or loan servicing
  • Basic knowledge of lending disbursement processes and loan documentation
  • Detail-oriented with strong multi-tasking abilities
  • Good problem-solving, data entry, and customer service skills
  • Basic knowledge of standard construction budgeting and loan servicing practices

How To Stand Out (Preferred Qualifications)

  • Experience with commercial or residential construction loan processes
  • Familiarity with SBA lending practices
  • Proficiency in Microsoft Word and Excel

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