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)
POSITION PURPOSE:
Provide support to the lending team by actively participating in all aspects of the Bank’s loan portfolio process. Collaborate with internal and external clients and third-party vendors to successfully achieve team goals while complying with laws and regulations.
EDUCATION / EXPERIENCE REQUIREMENTS:
KNOWLEDGE AND SKILLS REQUIREMENTS:
RESPONSIBILITIES:
Job Type: Full-time
Pay: $55,000.00 - $80,000.00 per year
Benefits:
Schedule:
Work Location: In person
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