Job description
Basic Qualifications:
High school diploma or GED plus additional bank-related training and 1-3 years related experience and/or training; or equivalent combination of education and experience. Commercial loan processing experience required.
Primary Functions:
Assists in loan processing, closing and set-up. Performs follow-up (servicing) responsibilities associated with the documentation and posting necessary in granting credit to the Bank's borrowers. Expected to have a good understanding of the functional area so that they may operate competently in this area by performing the following duties.
Duties and Responsibilities:
- Perform full range of duties pertaining to the loan processing/closing/servicing functions
- Order and track receipt of documents necessary for loan closing such as, but not limited to, appraisals, flood determination, title/legal work, etc.
- Review files to ensure that documents and disbursements are prepared accurately for loan officer performing the closing
- Obtain pay-off information as necessary
- Review files after closing to ensure that all documents are signed, and checks disbursed
- Process all types of loan payments
- Prepare and forward lien requests to Recorder; prepare releases
- Prepare line of credit advances
- Ensure insurance policies are in borrowers’ files and that the bank is listed as lien holder
- Set up and maintain loan files; follow up for missing documents
- Answer customers’ inquiries pertaining to the loan servicing function
- Request annual financial reports from customers
- Other duties as requested by Supervisor
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Job Type: Full-time
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