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)
SaviBank is continuing to grow, and we have an exciting opportunity for the right candidate to join a great team in Mt. Vernon! We are looking for people who want more than just a job - we are looking for people who want to grow with us in a career with stable employment, upward mobility, and who want to make a difference in their community by building and maintaining customer relationships. We appreciate our employees and in order to continue serving our customers at the highest level, we continue to strive to become "the place to work".
Our SBA Department is looking for a Loan Processor to assist lenders and borrowers to process and close commercial loans. Do you have banking, lending or loan review experience, do you enjoy helping people meet their financial goals, do you have a attention to detail and excel in process workflow? This may be the perfect job for you and we encourage you to apply!
Salary for this position is $24.35 - $36.53 hourly. The level and salary at which someone is hired into this position will depend on the qualifications and experience of the applicant.
The Job description below provides a general understanding of the position.
This position will be open until filled and can close at any time.
We Offer Great Benefits!
This position assists commercial loan customers, the SBA Department and Lenders with the processing and closing of government-guaranteed commercial loans. Their responsibilities include interfacing with borrowers from loan submission to funding, collecting and reviewing documentation per program requirements, coordinating and following for internal documents, ordering and collecting 3rd party reports, preparing loan closing documents, and close/fund the loan in compliance with all government-guaranteed requirements.
What we look for in a Loan Processor -
Local travel to various worksites and occasional off-site training venues may be required.
SaviBank values their employees and provides equal employment opportunities to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.
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