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Construction Draw Processor Jobs (NOW HIRING)

Banner Bank

Draw Processor I

Walla Walla, WA · On-site

$18.17 - $24.59/hr

As a Draw Processor with Banner Bank you will Perform administrative duties needed to ensure ... Monitor construction draw portfolio to facilitate final draws and modifications in accordance with ...

Banner Bank

Draw Processor I

Walla Walla, WA · On-site

$18.17 - $24.59/hr

As a Draw Processor with Banner Bank you will Perform administrative duties needed to ensure ... Monitor construction draw portfolio to facilitate final draws and modifications in accordance with ...

Banner Bank

Draw Processor I

Walla Walla, WA

$18.17 - $24.59/hr

As a Draw Processor with Banner Bank you will Perform administrative duties needed to ensure ... Monitor construction draw portfolio to facilitate final draws and modifications in accordance with ...

Guild

Construction Draw Specialist

Draper, UT · On-site

$24.69 - $37.05/hr

Oversee and process construction loan draw requests, lien wavers, order property inspection reports, review loan advances, payments, payoffs, process loan extension agreements, and prepare loan ...

Guild Mortgage

Construction Draw Specialist

Draper, UT

$51K - $77K/yr

Oversee and process construction loan draw requests, lien wavers, order property inspection reports, review loan advances, payments, payoffs, process loan extension agreements, and prepare loan ...

Morguard

Construction Accountant

Pompano Beach, FL · On-site

$59K - $78K/yr

The position includes job costing, AIA billing, construction draw preparation and reconciliation, budget tracking, subcontractor payment processing, and preparation of quarterly and annual financial ...

Morguard

Construction Accountant

Pompano Beach, FL

$59K - $78K/yr

The position includes job costing, AIA billing, construction draw preparation and reconciliation, budget tracking, subcontractor payment processing, and preparation of quarterly and annual financial ...

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Construction Draw Processor information

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How much do construction draw processor jobs pay per hour?

As of Jun 4, 2026, the average hourly pay for construction draw processor in the United States is $16.74, according to ZipRecruiter salary data. Most workers in this role earn between $13.46 and $19.23 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Construction Draw Processor, and why are they important?

To thrive as a Construction Draw Processor, you need strong knowledge of construction project management, finance, and documentation, typically supported by experience in real estate or construction administration. Familiarity with draw management software (such as Procore or Textura), Excel, and document control systems is essential. Attention to detail, organizational skills, and effective communication are standout soft skills for coordinating with contractors, lenders, and project managers. These abilities are crucial for ensuring accurate, timely disbursement of funds and maintaining compliance throughout the construction process.

What are the main challenges a Construction Draw Processor faces when coordinating between contractors, lenders, and project managers?

A Construction Draw Processor often encounters challenges in managing tight deadlines while ensuring the accuracy of documentation submitted by contractors and vendors. Coordinating between multiple stakeholders—such as contractors, lenders, and project managers—requires strong organizational and communication skills, as discrepancies or delays in paperwork can impact project timelines and funding disbursements. Additionally, staying updated on compliance requirements and maintaining meticulous records are critical for avoiding costly errors and ensuring smooth project progress.

What are Construction Draw Processors?

Construction Draw Processors are professionals responsible for managing and processing payment requests, or 'draws,' on construction projects. They act as intermediaries between lenders, contractors, and project owners to ensure that funds are released according to project milestones and contractual agreements. Their duties include reviewing draw requests, verifying documentation, monitoring project progress, and ensuring compliance with financial and legal requirements. This role is crucial for maintaining cash flow and accountability throughout a construction project.

What is the difference between Construction Draw Processor vs Construction Estimator?

AspectConstruction Draw ProcessorConstruction Estimator
CredentialsTypically requires a high school diploma or equivalent; some roles prefer certifications in construction or project managementOften requires a degree in construction management, civil engineering, or related fields; certifications like CMAA or RICS are common
Work EnvironmentOffice-based, working closely with project managers and contractors to process draw requestsOffice or field-based, preparing cost estimates and analyzing project bids
Employer & Industry UsageUsed by construction companies, contractors, and project management firmsUsed by construction firms, consulting agencies, and project owners

While both roles are integral to construction projects, a Construction Draw Processor primarily manages and processes payment requests based on project progress, ensuring funds are released correctly. In contrast, a Construction Estimator focuses on calculating project costs and preparing bids before construction begins. Understanding these differences helps clarify career paths and job expectations within the construction industry.

Infographic showing various Construction Draw Processor job openings in the United States as of May 2026, with employment types broken down into 4% As Needed, 81% Full Time, 4% Part Time, and 11% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $34,822 per year, or $16.7 per hour.
Draw Processor I

Draw Processor I

Banner Bank

Walla Walla, WA • On-site

$18.17 - $24.59/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago

Banner Bank rating

8.7

Company rating: 8.7 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

17th of 141 rated banks

Job description

As a Draw Processor with Banner Bank you will Perform administrative duties needed to ensure accurate and timely processing of construction loan final draw and floatdown documentation.
In this role you'll have the opportunity to:
  • Responsible for obtaining documentation and approvals necessary to extend matured loans in a timely manner.
  • Prepare and process completed modification and/or extension documents for of all types of construction loans. Calculate and apply extension fees. Submit invoices for payment.
  • Responsible for ordering and reviewing updated appraisals, 442s, and title policies.
  • Assist in the preparation of file for possible sale on the secondary market.
  • Monitor construction draw portfolio to facilitate final draws and modifications in accordance with company policy and secondary marketing guidelines.
  • Responsible for gathering and reviewing documents pertaining to the completion of home loan construction.
  • Responsible for processing system changes to convert loans from the construction to permanent financing phase.
  • Responsible for complying with policies, procedures, security requirements, and government regulations.

Education & Certifications
  • H.S. Diploma: required

Experience
  • 0 to 2 years of mortgage servicing or banking experience required

Knowledge, Skills and Abilities
  • Knowledge of all forms and documents for processing all real estate loan types.
  • Ability to understand and apply changes to regulations and requirements to daily work.
  • Ability to prioritize, multi-task, and meet deadlines.
  • Ability to work independently and as part of a team.
  • Posses well-developed verbal and written communication skills including proper grammar and correct spelling. Communication occurs via phone, email, or written correspondence with customers and co-workers.
  • Knowledge of investor, federal and state laws and regulations relating to mortgage servicing.

Compensation & Benefits
  • Targeted starting hourly range (based on experience): $18.17 - $24.59
  • Incentive potential
  • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time and 11 company paid holidays
  • 401k (with up to 4% match)
  • Tuition reimbursement
  • Get more information at: Employee Benefits | Banner Bank

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