Construction Loan Processor/Closer - Experience required

Location: Sandy, UT
Date Posted: 07-09-2018
Responsible for all activities required to process construction loans from application through completion of property.
  • Processes and Close all 1 and 2 close Construction loan applications. Gathers all necessary loan documents and files them as they are received.
  • Takes necessary follow-up actions to assure receipt of complete loan packages.
  • Acts as liaison with builders, realtors, third party vendors, and the member.
  • Orders and reviews all documentation, i.e., appraisal, survey, title commitment, etc., and immediately notifies Construction Loan Officer of any irregularities.
  • Orders all draws and completes disbursement of funds during the construction phase.
  • Assists members, other departments, and department staff with inquiries or problems in a friendly and professional manner and refers more serious matters to the Production Supervisor.
  • Assists others within the Loan Department as directed.
  • Ensures compliance with applicable federal, state and local laws and regulations. Complete all required compliance training.
  • Maintains knowledge of and adheres to KFCU’s internal compliance policies and procedures.
  • Takes responsibility to keep up to date with changing regulations and policies.
  • Responsible for compliance with all Federal regulations including Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC).
  • Utilizes The Member Advantage AIDINC system to identify potential member (internal or external) service needs which can be met through the sale of credit union products and services, or adherence to the department’s policy and procedures.
  • Candidate must have experience working with 1 and 2 time close construction loans. 
  • Processing Experience
  • Closing Experience
Thank you,
Meg Reilly
VP of Recruiting
TOLL FREE: (800) 603-1651
FAX: (480) 287-9066
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