Commercial Loan Processor jobs in Anderson, IN

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)

F
Mortgage Loan Processor
  • First Farmers Bank & Trust
  • Kokomo, IN FULL_TIME
  • Description

    POSITION SUMMARY:

    Accurately assists in retrieving and assembling proper loan documentation for loan packages after application is signed and initial disclosures are issued; then responsible for submitting loan packages to underwriting for final approval. Following disclosure of initial documents, responsible for completing the loan package in a timely and efficient manner. Performs variety of clerical duties, requiring knowledge of departmental procedures. Provides support and assistance to officers on a daily basis when needed. Set up & maintains files on each loan; ensuring information is complete and accurate before sending to underwriting.


    DUTIES:

    1. Order the following documentation for each loan:

    a. XML sheet

    b. Homeowners Insurance

    c. PMI Certificate

    d. Veri-tax

    e. Form 90/Verification of Employment

    f. Customer Information and Risk Profile (CIP)

    g. Appraisals as needed

    h. Title Commitment as needed

    2. Review and ensure accuracy on all documents

    3. Verify Income calculations and ensure there is proper documentation of all types of income

    4. Attain good knowledge base of all mortgage products

    5. Review private mortgage insurance qualifications and submit data to PMI company to obtain certificate

    6. Communicate with Loan Officer and Underwriting Department to efficiently gather documentation and complete the loan process

    7. Complete Mortgage Workflow tasks that are then sent on to Underwriting

    8. Completion of educational assignments

    9. Assure loans are processed in accordance with Company policy and procedure

    Requirements

    RELATIONSHIPS/QUALIFICATIONS:

    1. Responsible to the VP, Director of Mortgage Operations/LOS Administrator for the fulfillment of duties assigned

    2. This position requires general banking knowledge, specifically in the mortgage and lending areas

    3. Basic computer skills and a strong attention to detail and accuracy

    4. Will be called on from time to time to participate with community organizations and community projects


    WORKING CONDITIONS:

    1. Normal office environment

    2. Extended viewing of computer screens

    3. Moderate lifting up to 25 pounds

    4. Repetitive hand and arm movement

  • 1 Month Ago

F
Commercial Loan Administrative Assistant
  • First Farmers Bank & Trust
  • Kokomo, IN FULL_TIME
  • DescriptionCOMMERCIAL LOAN ADMINISTRATIVE ASSISTANT – This position will be located in Kokomo, Logansport or Converse based on what is the best location for the bank and new employee. DEPARTMENT: Comm...
  • 3 Days Ago

A
Processor
  • Affordable Dentures & Implants
  • Muncie, IN FULL_TIME
  • Overview Affordable Dentures & Implants, is the largest network of dental lab technicians nationwide . It's time to join our innovative network where you have the opportunity to quickly expand your sk...
  • 1 Month Ago

H
Food Processor
  • HOLIC LLC
  • Middletown, IN FULL_TIME
  • Job Summary: We are seeking a skilled Processor to join our team in the food industry. As a Processor, you will be responsible for fabricating and sanitating food products in accordance with FDA regul...
  • 3 Days Ago

A
Production Foreman - IN
  • ACR1.COM Commercial Roofing
  • Muncie, IN OTHER
  • Position: Quality Assurance Supervisor (Production Roofing Foreman) Department: Production Base Location: Muncie, IN Employment Type: Full-Time Position Reports to: General Manager Salary: Annual Sala...
  • 20 Days Ago

A
Roofer (Helper) - IN
  • ACR1.COM Commercial Roofing
  • Muncie, IN FULL_TIME
  • Job Description Job Description Salary : Starting Pay between $17 to $24 per hour, based on experience $1,000 Sign-on Bonus* Roofing Tech (Helper) Description : Roofing Crew Helper ( Production & Repa...
  • 20 Days Ago

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0 Commercial Loan Processor jobs found in Anderson, IN area

S
Investor Manager
  • SC Bodner Company
  • Carmel, IN
  • Overview: SC Bodner Company is looking for a dynamic and high energy individual to be our Investor Manager responsible f...
  • 3/28/2024 12:00:00 AM

Y
Mortgage Originator Market Leader
  • YourWayHome.com LLC
  • Anderson, IN
  • (In-House lender to 11,000 real estate agents, plus guaranteed leads) We are hiring an experienced mortgage originator t...
  • 3/28/2024 12:00:00 AM

B
Vice President, Middle Market Commercial Portfolio Manager
  • BMO Financial Group
  • Indianapolis, IN
  • Facilitates growth initiatives for the Bank through significant business development and excellent management of key cli...
  • 3/28/2024 12:00:00 AM

T
Financial Planning Manager
  • The Judge Group
  • Indianapolis, IN
  • LOCATION: Cleveland,OH AreaSALARY: 130-160k plus 15% BonusOur client is looking for a Financial Planning Manager.Respons...
  • 3/28/2024 12:00:00 AM

T
Financial Planning and Analysis Manager
  • The Judge Group
  • Indianapolis, IN
  • Our client is currently seeking a Financial Planning and Analysis Manager in Southern Wisconsin near Janesville/Beloit f...
  • 3/28/2024 12:00:00 AM

D
LEAD FINANCIAL SYSTEMS SPECIALIST
  • Defense Finance and Accounting Service
  • Indianapolis, IN
  • Summary Who may apply: All U.S. Citizens This Position is located in the Information & Technology Directorate, Assessmen...
  • 3/27/2024 12:00:00 AM

G
Mortgage Protection Specialist (Remote)
  • Golden Life Group
  • Indianapolis, IN
  • Job Description Job Description Golden Life Group is seeking a driven and coachable individual! You will become your own...
  • 3/27/2024 12:00:00 AM

C
Senior Wealth Managment Specialist
  • Carnegie Investment Counsel
  • Indianapolis, IN
  • Sr. Wealth Management Specialist Job Description We are currently seeking qualified candidates to join Carnegie Investme...
  • 3/26/2024 12:00:00 AM

Anderson is a city in and the county seat of Madison County, Indiana, United States. It is the principal city of the Anderson, Indiana Metropolitan Statistical Area which encompasses Madison County. Anderson is the headquarters of the Church of God (Anderson) and home of Anderson University, which is affiliated with Christian denomination. Highlights of the city include the historic Paramount Theatre and the Gruenewald Historic House. The population was 56,129 at the 2010 census. This is down from 70,000 in 1970. Anderson is located at 40°06′00″N 85°40′53″W / 40.100041°N 85.681525°W / 40.10...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Processor jobs
$37,623 to $48,487
Anderson, Indiana area prices
were up 1.3% from a year ago