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
  • 22 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...
  • 8 Days 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 ...
  • 12 Days Ago

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Residential & Commercial Loan Processor
  • Security Federal Savings Bank
  • Carmel, IN FULL_TIME
  • DescriptionProcesses residential loan data entered into loan origination system with appropriate updates. Verifies loan documentation for accuracy and to clear underwriting condition requirements. Per...
  • 17 Days Ago

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Commercial Loan Processor
  • First Mid
  • Champaign, IL FULL_TIME
  • The Commercial Loan Processor is responsible for various operational aspects of Loan Operations including loan processing and input of consumer and commercial loans. When necessary, will also assist o...
  • 18 Days Ago

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Commercial Loan Processor
  • First Mid
  • Mattoon, IL FULL_TIME
  • The Commercial Loan Processor is responsible for various operational aspects of Loan Operations including loan processing and input of consumer and commercial loans. When necessary, will also assist o...
  • 18 Days Ago

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State Income and Franchise - Investment Management Tax Manager - Multistate
  • Deloitte
  • Columbus, OH
  • Are you a strategic and creative Multistate Tax professional who loves solving complex state and local tax issues? Are y...
  • 4/24/2024 12:00:00 AM

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Lead CSR/Teller - Clintonville - Full Time
  • Fifth Third Bank, N.A.
  • Columbus, OH
  • Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? D...
  • 4/24/2024 12:00:00 AM

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Director, Financial Planning & Analyst - Transformation
  • Jobs for Humanity
  • Columbus, OH
  • Company Description Jobs for Humanity is collaborating with Safelite to build an inclusive and just employment ecosystem...
  • 4/23/2024 12:00:00 AM

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Part-time Support Cashier - White House Black Market
  • Chicos Fas, Inc.
  • Columbus, OH
  • **Part-time Support Cashier - White House Black Market** Job Ref#: 239 Brand: White House Black Market Category: Cashier...
  • 4/23/2024 12:00:00 AM

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ServiceNow Technical Consultant Strategic Portfolio Management (SPM) (Remote)
  • Sigital
  • Columbus, OH
  • Sigital is seeking an experienced, ServiceNow technical consultant with a focus on implementations in the Strategic Port...
  • 4/22/2024 12:00:00 AM

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National Portfolio Coordinator Service Delivery
  • Brilar, L.L.C.
  • Columbus, OH
  • National Portfolio Coordinator Service Delivery Job Type Full-time Description As National Portfolio Coordinator, you wi...
  • 4/21/2024 12:00:00 AM

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Part Time Cashier - Columbus (Morse)
  • Home Buys, Inc.
  • Columbus, OH
  • **Part Time Cashier - Columbus (Morse)** * Columbus, OH * Part-Time * Customer Service * Part Time Cashier - Columbus (M...
  • 4/21/2024 12:00:00 AM

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Auto Retail Lending Project Manager
  • Upstart Network, Inc.
  • Columbus, OH
  • **Auto Retail Lending Project Manager** at Upstart Remote By leveraging Upstart's AI platform, Upstart-powered banks and...
  • 4/21/2024 12:00:00 AM

Income Estimation for Commercial Loan Processor jobs
$40,542 to $52,248