CONSTRUCTION LOAN ADMINISTRATOR in Tampa

Job DescriptionJob Description Primary Position Objective Service and administer commercial construction loans used to construct affordable multifamily rental communities and commercial real estate developments. Major Duties and Responsibilities: • Review and interpret commercial loan documents to service construction loans in accordance with agreed upon terms. • Review and approve closing draws and monthly draw submissions that include an AIA G702 Application and Certificate for Payment and G703 Continuation Sheet, which collectively represent a request for funding to construct or rehabilitate commercial developments. • Review, analyze, and approve contracts, invoices and support for development expenditures submitted for funding approval. • Create and maintain organized construction loan files in accordance with a defined policy. • Review and interpret construction inspection reports. • Request and review commercial title insurance updates to confirm the simple title is free