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Construction Draw Processor Jobs (NOW HIRING)

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Construction Draw Processing** - Prepare and submit construction draw requests to lenders/banks per project schedules - Track draw schedules against project progress and ensure documentation ...

Be Seen First

Construction Draw Processing** - Prepare and submit construction draw requests to lenders/banks per project schedules - Track draw schedules against project progress and ensure documentation ...

Be Seen First

Construction Draw Processing** - Prepare and submit construction draw requests to lenders/banks per project schedules - Track draw schedules against project progress and ensure documentation ...

... and process monthly construction draw requests including AIA G702/G703 pay applications, lien waivers, stored materials documentation, and cost-to-complete schedules. • Review, evaluate, and ...

Review and process monthly construction draw requests including AIA G702/G703 pay applications, lien waivers, stored materials documentation, and cost-to-complete schedules. * Review, evaluate, and ...

Prepare and process construction draw requests, coordinating required documentation with project managers, lenders, and general contractors. * Assist with monthly job cost reporting and budget-to ...

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Construction Draw Processor information

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$8

$16

$25

How much do construction draw processor jobs pay per hour?

As of Sep 15, 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 is a construction draw processor?

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 skills and qualifications are needed to be a construction draw processor?

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 challenges does a construction draw processor face 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 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.

What cities are hiring for Construction Draw Processor jobs?

Cities with the most Construction Draw Processor job openings:

What states have the most Construction Draw Processor jobs?

States with the most job openings for Construction Draw Processor jobs include:

What are popular job titles related to Construction Draw Processor jobs?

For Construction Draw Processor jobs, the most frequently searched job titles are:

Infographic showing various Construction Draw Processor job openings in the United States as of September 2026, with employment types broken down into 100% Full Time. Highlights an 89% In-person, and 11% Remote job distribution, with an average salary of $34,822 per year, or $16.7 per hour.

SBA Construction Loan Specialist - Multi Disbursement

Nashville, TN • On-site

ThinkingAhead
51 - 200 employees

Full-time

Posted 24 days ago


Job description

SBA Construction Multi-Disbursement Specialist
We are seeking a detail-oriented and experienced SBA Construction Loan Multiple Disbursement (MD) Specialist to join a growing SBA lending team. The MD Specialist plays a critical role in the disbursement process for SBA 7(a) construction loans, ensuring smooth, compliant, and timely funding of draws throughout the life of the project. This individual will coordinate with closers, loan operations staff, and third-party vendors to verify documentation, review draw requests, and qualify contractors.
Ideal candidates may have prior experience as a loan closer, loan administrator, or in construction draw processing. A strong understanding of construction documentation, and multi-disbursement practices is essential.
Key Responsibilities:
  • Serve as the primary contact for construction loan draw disbursements post-closing.
  • Conduct pre-close reviews for construction-related SBA loans to ensure documentation is complete and provide a "free to close" approval to the closer.
  • Review and process draw requests, ensuring alignment with project budgets, timelines, and SBA guidelines.
  • Analyze construction documents including AIA forms G702 and G703, lien waivers, and contractor qualifications (e.g., AAA contractor status).
  • Maintain organized and accurate records for each disbursement and loan file in accordance with SBA and internal policies.
  • Coordinate with internal and external stakeholders including borrowers, general contractors, inspectors, and monitoring firms.

Qualifications:
  • Experience in, construction draw processing, or related administrative functions.
  • Familiarity with SBA 7(a) loan requirements, construction compliance, and multi-disbursement procedures.
  • Strong working knowledge of AIA Forms G702 & G703 and construction project documentation.
  • Excellent attention to detail and organizational skills.
  • Effective communication skills, both written and verbal.
  • Ability to prioritize and manage multiple tasks in a deadline-driven environment.
  • Proficiency with Microsoft Office and loan origination systems; experience with construction monitoring platforms is a plus.