Commercial Loan Administrator

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Company Overview: Credit Union Business Services ("CUBS") specializes in providing commercial real estate mortgages on behalf of credit unions. With a commitment to an exemplary reputation, we empower borrowers and more than 40 credit unions to fulfill their investment goals in commercial real estate. We are seeking a dedicated and detail-oriented Commercial Real Estate Loan Administrator to join our dynamic team.

Position Overview: As a Commercial Real Estate Loan Administrator, you will play a pivotal role in the successful management and administration of our commercial real estate loan portfolio, with a strong emphasis on construction draw administration. This role ensures the accurate, timely, and compliant processing of commercial loan documentation, funding, servicing, and draw disbursements while delivering exceptional service to internal and external stakeholders. The ideal candidate will possess strong organizational skills, attention to detail, and a thorough understanding of commercial real estate lending processes.

Key Responsibilities:

• Coordinate and process construction loan draw requests, ensuring all required documentation is complete, accurate, and compliant with loan terms.
• Review budgets, schedules, inspection reports, lien waivers, invoices, and title updates prior to funding draws.
• Monitor project progress and collaborate with third-party inspectors, contractors, borrowers, and loan officers.
• Maintain updated construction budgets, track contingency use, and verify adherence to approved project cost structures.
• Identify and escalate discrepancies, cost overruns, or red flags to appropriate lending and credit personnel.
• Maintain accurate and up-to-date loan files and documentation, ensuring compliance with record-keeping requirements.
• Respond to borrower inquiries and requests in a professional and timely manner, providing exceptional customer service.

Qualifications:

• Minimum of 2 years of experience in commercial real estate lending and loan administration.
• Strong understanding of commercial real estate lending practices and loan documentation.
• Proficiency in loan servicing software such as FICS, Adobe Acrobat, and Microsoft Office Suite.
• Excellent communication and interpersonal skills, with the ability to interact effectively with internal and external stakeholders.
• Highly organized with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Detail-oriented with a commitment to accuracy and quality.

Benefits:

• Competitive salary commensurate with experience.
• Comprehensive benefits package, including health, dental, and vision insurance.
• Retirement savings plan with employer matching.
• A collaborative and supportive work environment focused on work-life balance and excellence.

If you are a motivated and detail-oriented professional with a passion for commercial real estate lending, we invite you to apply for the position of Commercial Loan Administrator at Credit Union Business Services.

Company Description Credit Union Business Services ("CUBS") specializes in providing commercial real estate mortgages on behalf of credit unions. With a commitment to an exemplary reputation, we empower borrowers and more than 40 credit unions to fulfill their investment goals in commercial real estate. We are seeking a dedicated and detail-oriented Commercial Real Estate Loan Administrator to join our dynamic team. Company Description Credit Union Business Services ("CUBS") specializes in providing commercial real estate mortgages on behalf of credit unions. With a commitment to an exemplary reputation, we empower borrowers and more than 40 credit unions to fulfill their investment goals in commercial real estate. We are seeking a dedicated and detail-oriented Commercial Real Estate Loan Administrator to join our dynamic team.