Commercial Loan Processor jobs in the United States

The Commercial Loan Processor calculates and processes payoffs, and releases titles and insurance interest. Processes loan payments and applies funds to customer accounts. Being a Commercial Loan Processor responds to customer inquiries and requests for net payoff quotes. Calculates and prepares refunds for customers that submit overpayments. In addition, Commercial Loan Processor may require an associate's degree or its equivalent. Typically reports to a supervisor or manager. Being a Commercial Loan Processor gains or has attained full proficiency in a specific area of discipline. Works under moderate supervision. Working as a Commercial Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

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Loan Processor
  • Commercial Banking Company
  • Valdosta, GA FULL_TIME
  • General Description


    Oversees the loan process from customer to closing and works closely with lending officers to ensure a smooth production process.


    RESPONSIBILITIES


    • Responsible for processing all loan requests, which includes but not limited to, preparing early disclosures, all necessary loan documents, , obtaining flood data, verifying information given by lender, completing general ledger entries, booking loans, and maintaining loan files.
    • Review loan application package and elevate concerns related to incomplete or incorrect information.
    • Accountable for preparing TRID/RESPA early disclosures and loan documents.
    • Prepare security deeds, deed modifications and HELOC deeds and send for recording.
    • Follow up with attorneys for Final Title Opinions or Title Insurance and request recorded deeds.
    • Prepare Estoppel letters, attorney letters/payments, loan proceed checks, debt consolidation checks, note and deed modifications, and payment extensions.
    • Research state internet site for recorded Deeds, Cancellations, Quitclaims, and UCC's.
    • Verifies Business Entity Information, which includes but not limited to, Partnership Agreements, LLC Operating Agreement, Corporation By-Laws, Corporation Certificates of Title, Articles of Incorporation, and Corporate Resolutions.
    • Follow Beneficial Owner requirements for Business Entities.
    • Works closely with Attorneys on real estate closings, order Title Opinions, and prepare/review Closing Disclosures.
    • Order and maintain the appraisal files, ensure payment, and balance monthly.
    • Protect the assets of the bank by verifying approval of loan exceptions and elevating those without proper approval to supervisor.
    • Process letter of credit requests and maintain the letter of credit file, ensure proper tickets have posted, and balance monthly.
    • Verify property tax and insurance have been paid and all loan collateral documents are in file.
    • Prepare escrow account disclosures, process annual analysis statement, and prepare disbursements.
    • Complete required HMDA documents and review file for proper documentation.
    • Prepare participation loan document packages for purchased and sold loans.
    • Process Non-Originated Loan Packages.
    • Maintain collateral vault documents and place required holds.
    • Complete E-Oscar disputes.
    • Prepare MV1's and process electronic title liens.
    • Assist in Operations Department with various tasks including exception management, research, statements, and customer service.
    • Assist other Loan Processors as needed.
    • Perform various tasks as assigned by supervisor or lending officer.
    • Maintains knowledge of bank policies, procedures, and operational processes.

    Commercial Banking Company is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, gender, sex, religion, national origin, disability, genetic information, sexual orientation, gender identity, pregnancy, veteran status, or any other characteristic protected by local, state, or federal law.


    REQUIRED SKILLS, EXPERIENCE, AND EDUCATION


    • High school diploma or the equivalent
    • Prior banking experience, preferable in loan operations and/or loan processing
    • Knowledge of banking policies, procedures, and regulations
    • Excellent interpersonal and customer service skills; good social skills
    • Demonstrates a "team" attitude toward the bank and coworkers with a constant focus on improving/protecting the bank
    • Possesses an attitude of cooperation and a continual motivation to learn
    • Ability to demonstrate high levels of accuracy and efficiency
    • Work well under stress
    • Good organizational skills and the ability to multitask efficiently
    • Proficiency with computers; good technical skills
    • Maintains a neat, well-groomed, professional appearance
    • Maintains a clean work area
    • Excellent written and verbal communication skills
    • Ability to work well in operations setting; self-motivated
    • Punctual & reliable
  • 1 Month Ago

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Loan processor
  • Dollar Loan Center
  • Syracuse, UT FULL_TIME
  • LOAN PROCESSOR What we do? We're a short-term lender who serves our community by offering our customers a solution to their financial needs. Why YOU should work here! For starters, our first Core Valu...
  • 23 Days Ago

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Loan Processor
  • Dollar Loan Center
  • Murray, UT FULL_TIME
  • LOAN PROCESSOR What we do? We're a short-term lender who serves our community by offering our customers a solution to their financial needs. Why YOU should work here! For starters, our first Core Valu...
  • 1 Month Ago

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Loan Processor
  • Dollar Loan Center
  • Las Vegas, NV FULL_TIME
  • Join our dynamic team at Dollar Loan Center in Las Vegas, NV, as a Full Time Loan Processor! As the heart of our customer-focused organization, you will have the exciting opportunity to interact with ...
  • 1 Month Ago

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Commercial Loan Processor
  • Glacier Bancorp, Inc.
  • Missoula, MT FULL_TIME
  • About The RolePosition provides administrative support to the work unit, including loan processing tasks such as preparing, processing, disbursing, and maintaining approved new loans and renewals/modi...
  • 14 Days Ago

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Commercial Loan Processor
  • First Security Bank
  • Missoula, MT FULL_TIME
  • About The RolePosition provides administrative support to the work unit, including loan processing tasks such as preparing, processing, disbursing, and maintaining approved new loans and renewals/modi...
  • 14 Days Ago

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Payoff/Collateral Specialist Senior
  • City National Bank
  • Los Angeles, CA
  • Overview: PAYOFF/COLLATERAL SPECIALIST SENIOR WHAT IS THE OPPORTUNITY? The position plans, organizes, and controls the d...
  • 5/19/2024 12:00:00 AM

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2025 Intrepid Investment Banking Summer Analyst
  • MUFG
  • Los Angeles, CA
  • Known for its unique entrepreneurial culture that values teamwork and transparency, Intrepid offers highly motivated ind...
  • 5/19/2024 12:00:00 AM

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Community CRA Mortgage Loan Originator
  • U.S. Bank
  • Los Angeles, CA
  • At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarte...
  • 5/19/2024 12:00:00 AM

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Appraisal Coordinator - Real Estate
  • Genesis Capital
  • Los Angeles, CA
  • Job Description Job Description The Appraisal Coordinator II is responsible for coordinating and reviewing required appr...
  • 5/18/2024 12:00:00 AM

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Mortgage Loan Agents/Brokers F/T or P/T
  • First Banker Mortgage Corp.
  • Los Angeles, CA
  • Job Description Job Description First Banker Mortgage Corp. is now hiring full-time or part-time Mortgage Loan Agents/Br...
  • 5/17/2024 12:00:00 AM

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Loan Processor (private money lender)
  • Faes & Co
  • Santa Monica, CA
  • We are a startup lender (called F2 Finance), focussed on the short-term residential 'fix & flip' bridging finance market...
  • 5/16/2024 12:00:00 AM

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Credit Analyst II Corporate Banking
  • City National Bank
  • Los Angeles, CA
  • Overview: CREDIT ANALYST II CORPORATE BANKING WHAT IS THE OPPORTUNITY? The Credit Analyst assists Corporate Banking Cred...
  • 5/16/2024 12:00:00 AM

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Credit Analyst II - Specialty Banking (Los Angeles, CA or Charlotte, NC)
  • City National Bank
  • Los Angeles, CA
  • Overview: CREDIT ANALYST II - SPECIALTY BANKING - Franchise Finance WHAT IS THE OPPORTUNITY? The Credit Analyst assists ...
  • 5/15/2024 12:00:00 AM

Income Estimation for Commercial Loan Processor jobs
$40,629 to $52,361