Loan Processor

POSITION SUMMARY
This position is responsible for assisting the Loan Department in performing various duties related to consumer, business and real estate loans; generating loan documentation for all types of loans; real estate construction loan advances on lines of credit; boarding loans on the Bank's mainframe computer system; perfecting liens; setting up ticklers for exceptions tracking, report funding exceptions.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Responsible for generating loan documentation for all types of loans.
• Prepare early disclosures for consumer real estate loans.
• Order appraisals and evaluations for all real estate related transaction.
• Coordinate receipt of appraisals, surveys, flood certificates, title policies, etc for all real estate related transactions.
• Coordinate real estate closings and funding with title companies, attorneys etc.
• Send legal documents for recording in public records when necessary.
• UCC filings at Secretary of State, and county clerk.
• Upload new loans and renewals to the core processor.
• Brings all exceptions noted during loan processing to the attention of the Lending Officer to obtain proper approval.
• Process general ledger entries for new and renewed loans, as well as construction draw requests.
• Maintains knowledge and understanding of loan origination software.
• Keeps informed of the latest changes and trends in consumer protection laws, mortgage rules/regulations, as well as bank’s loan policies and procedures.
• Complete annual training over various subjects as required by law or regulation.
• Follows all other instructions and perform any other job- related duties.
• Equal Opportunity Employer, including disability/veterans
• Member FDIC

Job Type: Full-time

Pay: $13.00 - $15.00 per hour

Benefits:

• 401(k)
• Dental insurance
• Health insurance

Schedule:

• Monday to Friday

Education:

• High school or equivalent (Preferred)

Experience:

• loan processing: 3 years (Preferred)
• banking: 3 years (Preferred)

Work Location: In person