Construction Account Manager

ABOUT THE ROLE

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking a Construction Account Manager to join our Construction Department. This in-person role is located in our Plano, TX office. The Construction Account Manager is Responsible for setting up construction loans in our construction funding software, validating the completion milestones for the project with the builder prior to the loan closing and performing follow-up based on the milestones established until the construction project is 100% completed and the loan is sold to the end investor.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Accountable for construction-to-permanent mortgage loans from the date of closing, through the construction period to final funding, modification and insuring of the loan (FHA, VA, USDA or Private Mortgage Insurance)
• Facilitate construction home loan projects in various stages of completion by establishing deadlines and follow-up schedules and timely disbursement of funds
• Evaluate appraisals, title commitments, state & local requirements, and loan terms to establish contractor conditions lists for draws and final funding
• Obtain lien waivers and borrower authorizations for draw disbursements
• Review final survey to validate all improvements, easements and set-back requirements meet property CC&R’s and investor guidelines
• Communicate with builders, contractors, loan officers, and borrowers on progress of construction including daily issue resolution with internal and external teams
• Review conditions for relevance & accuracy and communicate results along with necessary corrective actions
• Evaluate draw requests for budget issues and process draws for improvements and vendor services
• Onboard and activate construction projects in Built/Loan Administration System
• Monitors draw limits and maintaining holdback requirements
• Monitor construction interest overrun and rate expirations
• Order and approve loan modifications, coordinate signings and have agreements recorded with proper counties
• Coordinate with Title Companies to obtain all required endorsements once the project is completed
• Quality review of loan documents and submit to FHA, VA and USDA for insuring purposes and the end investor
• Consistently meets and exceeds individual, team and department objectives
• Perform other duties and special projects as assigned

POSITION REQUIREMENTS, CAPABILITIES & SKILLS

• Superior analytical skills
• Excellent verbal and written communication skills
• Outstanding organizational and project management skills to balance portfolio management and deal execution responsibilities
• Interpersonal skills to collaborate with teammates, plants, senior management, and clients
• Strong work ethic with an ability to meet deadlines while multi-tasking
• Ability to identify and resolve problems in a timely manner
• Effective decision-making, customer service and problem-solving skill
• Strong attention to detail and accuracy
• Ability to work effectively in a team environment

MINIMUM QUALIFICATIONS

• BA/BS degree required in Business, Accounting, Finance or Management
• Working knowledge of Microsoft Office and financial calculator

WE OFFER

• Competitive Salary
• Medical/Dental/Vision Insurance
• Paid Holidays
• 401K Match
• Generous PTO
• FSA/HSA Plans
• Life /Disability/Accidental Insurance and much more!

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. Local candidates only - relocation not available.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Cavco Industries and CountryPlace Mortgage are committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.