Commercial Loan Processor

St. Louis

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profile Job Location:

Wildwood, FL - USA

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

TempToFT
A commercial loan processorassists loan officers in preparing and finalizing business loans by handling administrative tasks ensuring all documentation is complete and accurate and coordinating with various parties involved in the transaction.Key duties include assembling loan application documents verifying information ensuring compliance with bank policies and regulations and managing communication with customers and third parties like title companies and appraisers.

Key responsibilities
  • Application and document processing:Preparing and processing loan applications ensuring all required forms and disclosures are sent to the applicant and assembling documents for loan closings.

  • Documentation and file maintenance:Collecting and organizing loan documents maintaining the commercial loan filing system and creating files for closed loans.

  • Information verification:Running credit reports verifying data accuracy and confirming that all conditions required by the underwriter are met.

  • Coordination and communication:Liaising with loan officers customers underwriters title companies attorneys and other departments to resolve issues obtain missing information and coordinate the closing process.

  • Compliance and accuracy:Ensuring all loan processing activities comply with bank policies procedures and applicable state and federal banking regulations.

  • Ancillary tasks:Ordering third-party services like flood certifications appraisals and title insurance.

  • Reporting:Preparing and tracking loan pipeline reports and other summaries of data.
26.45
TempToFTA commercial loan processorassists loan officers in preparing and finalizing business loans by handling administrative tasks ensuring all documentation is complete and accurate and coordinating with various parties involved in the transaction.Key duties include assembling loan application do...
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Key Skills

  • Loan Processing
  • Typing
  • Data Entry
  • Customer Service
  • Organizational skills
  • Basic Math
  • Computer Skills
  • Fraud
  • Microsoft Outlook
  • 10 Key Calculator
  • Fair Housing Regulations
  • Food Processing

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