Residential Construction Lending Specialist

Position Summary

The Residential Construction Lending Specialist is responsible for underwriting both residential horizontal land development and vertical construction loans within the Residential Construction Lending Group. This includes consumer (TRID) and commercial (builder/developer) residential construction and development projects. The main responsibility for this role will be beginning-to-end preparation of loan presentations in collaboration with Loan Officers and Credit Administrators, including client communication, financial and collateral analysis, and credit presentation development. The role involves participating in the development of best practices in the department. This position is a key contributor to increasing efficiency of the workflow and pipeline management within the Residential Construction Lending Team,

Key Responsibilities

• Underwrite and prepare credit presentations for new and renewed residential construction and development loans.
• Collaborate with Loan Officers and management to obtain updated financial information from borrowers and guarantors.
• Support the completion and submission of Annual Reviews.
• Maintain strict confidentiality of all borrower and project information.
• Represent the bank professionally to clients, prospects, vendors, and colleagues.
• Work collaboratively with Loan Officers to manage workflow and meet departmental goals.
• Ensure compliance with all bank policies, procedures, and regulatory requirements.
• Maintain consistent attendance and punctuality.
• Proactively manage tasks and communicate project status, missing items, or obstacles.
• Identify best practices and solutions for efficiency improvements within the department. Under the direction of the Team Lead, make recommendations for improvement and assist with the implementation of solutions to further the department's growth.
• Perform additional duties as assigned.

Qualifications

• Minimum of 5 years of experience in residential construction/development underwriting.
• Minimum of 3 years in workflow and pipeline management in a production setting.
• In-depth understanding of construction financing, including cost breakdowns, municipal bonding, and project timelines.
• Strong technical knowledge of financial statements, cash flow analysis, and loan structuring.
• Proficiency in analyzing business and personal tax returns and financial statements.
• Familiarity with loan covenants and commercial loan structures.
• Experience with financial spreading and underwriting tools (e.g., Moody's, Sageworks, Encino).
• Proficient in Microsoft Office Suite.
• Knowledge of TRID compliance and residential lending regulations.
• Detail-oriented with strong analytical and organizational skills.
• Effective multitasking in a fast-paced environment.
• Excellent verbal and written communication skills.
• Ability to work independently and collaboratively within a team.

We are an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.