Construction Analyst, FHA

As a Construction Analyst, FHA at Merchants Capital, you will be responsible for assisting the Construction Loan Analysts with essential tasks including loan onboarding data verification, document collection for custodial packages, and inputting data into mortgage software. You'll also manage repairs, ensure compliance with regulatory requirements, and process interim GNMA pools for FHA/RHS construction draws, making sure that your contributions are crucial to the overall success of the portfolio.

To apply for the Construction Analyst, FHA position at Merchants Capital, you should ideally have two years of experience in roles related to loan administration or property management. A bachelor’s degree is preferred, but a high school diploma or GED is required. It's essential to demonstrate strong organizational and communication skills, proficiency in Microsoft Office, and the ability to manage multiple deadlines while maintaining accuracy in your work.

Merchants Capital emphasizes a culture of putting people first, which includes supporting the career growth of its employees. As a Construction Analyst, FHA, you will benefit from a collaborative team environment, hands-on training, and opportunities to work alongside experienced industry leaders, enabling you to expand your skills in loan management and compliance while contributing to meaningful housing solutions.

Compliance is a critical aspect of the Construction Analyst, FHA role at Merchants Capital, as it helps ensure that all loans are managed according to federal and local regulations. By confirming that all processes—including loan onboarding and documentation—meet compliance standards, you help maintain the integrity of the portfolio and protect both the company and its clients, ultimately contributing to our mission of expanding access to affordable housing.

In your role as a Construction Analyst, FHA at Merchants Capital, you will utilize various mortgage software to manage loan data and operations efficiently. Proficiency in Microsoft Office, especially Outlook, Word, and Excel, is crucial as you will be creating reports, maintaining records, and communicating with team members and clients regularly. Familiarity with software specific to loan administration will also enhance your ability to perform effectively in this position.

Discuss your relevant experience in loan administration, highlighting specific tasks you’ve handled that align with the responsibilities of the Construction Analyst position. Emphasize any experience with data verification, document collection, or usage of mortgage software to demonstrate your capability.

Explain your approach to maintaining accuracy, such as double-checking documents, using checklists, or employing software tools. Provide examples of past situations where attention to detail was crucial to avoid errors.

Share a specific instance where you successfully managed competing deadlines. Detail the strategies you employed to prioritize tasks, such as breaking projects into smaller goals, using scheduling tools, or collaborating with team members.

Explain your understanding of Uniform Commercial Code (UCC) filings and their significance in securing loans. Discuss how you would track UCCs related to construction loans and any prior experience you have with managing these.

Reflect on your teamwork philosophy, emphasizing communication, trust, and support. Provide examples of effective collaboration in past roles and how that would benefit the team dynamic at Merchants Capital.

Share a specific example of a compliance issue you encountered and how you resolved it. Highlight your understanding of compliance requirements and the steps you took to ensure accountability.

List the mortgage software and any relevant tools you have experience with, explaining how you’ve used them to manage loan data effectively. Emphasize your adaptability to learning new systems if required.

Discuss your passion for the housing finance industry, your desire to facilitate affordable housing, and any personal interests related to construction or finance that motivate you in this role.

Explain your approach to client relations, emphasizing active listening, empathy, and finding solutions. Provide a brief example that showcases your ability to navigate challenging conversations.

Articulate your admiration for Merchants Capital’s mission and reputation in the industry. Highlight particular aspects of the company culture or values that resonate with you, indicating your alignment with their objectives.