Commercial Loan Processor jobs in Illinois

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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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 other lending personnel in various duties to ensure the successful operation of the department.
     
    Responsibilities include, but are not limited to:
    • Reviews Commercial Loan Data Sheets and Credit Department write ups when Commercial loan request is received from branch. Verifies all information has been accurately provided to create loan processor file.
    • Completes internal checklists ensuring compliance with regulations, internal policies and procedures with high detail loan requests.
    • Completes required documentation following the acceptance of the loan request. This would include but not be limited to reviewing all supporting documentation, contacting loan officers, branch support personnel or credit department regarding deficiencies, preparing and distributing required documents. Reviews loan files for completeness and accuracy. Delivers loan documentation to loan officer and/or branch support personnel.
    • Assists with the preparation of required documents for extensions and renewals. This would include but not be limited to reviewing all supporting documentation, contacting loan officers or branch support personnel regarding any deficiencies, preparing and distributing required documentation.
    • Assists with inputting new and renewed loans, disbursing loan proceeds, and performance of any other required file maintenance on the Premier system.
    • Assists loan officers and branch support personnel with questions regarding loan documentation, and loan documentation status.
    • Order UCC searches and prepare and file new UCC’s when appropriate.
    • Completes required training associated with job function.
    • Performs other related duties as assigned.
     
    Qualifications
    Education:
    • High School diploma or equivalent, Associates preferred.
     
    Experience:
    • 1 years banking, clerical or loan processing experience preferred.
    Skills:
    • Proficient in Microsoft Office products with working knowledge in excel.
    • Must be able to work with a significant amount of detailed information in an accurate, timely and confidential manner.
    • High level of interpersonal skills to interact with loan officers, appraisers and title companies in a professional manner.
    • May be required to work a rotating schedule on Saturdays during acquisitions or peak seasons.
    • May be required to work earlier or later than a normal workday during acquisitions or peak seasons.
     
     
    First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.
    THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
     
    HP123
    #LI-POST

  • 11 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...
  • 11 Days Ago

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Commercial Loan Processor - To 70K - Roselle, IL - Job 3254
  • The Symicor Group
  • Roselle, IL FULL_TIME
  • Commercial Loan Processor – To $70K – Roselle, IL – Job # 3254Who We AreThe Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value pr...
  • 5 Days Ago

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Loan processor
  • First Mid-Illinois Bancshares
  • Mattoon, IL FULL_TIME
  • Responsibilities include, but are not limited to : Reviews Commercial Loan Data Sheets and Credit Department write ups when Commercial loan request is received from branch. Verifies all information ha...
  • 9 Days Ago

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Loan Processor
  • Stillman Bank
  • Stillman Valley, IL FULL_TIME
  • POSITION SUMMARY: The Loan Processor provides superior customer service through the timely and accurate packaging of commercial, consumer, and ag loan files. This position supports and communicates wi...
  • Just Posted

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Loan Processor
  • Dieterich Bank
  • Effingham, IL FULL_TIME
  • Dieterich Bank is looking for a Central Loan Processor to add to our corporate team in Effingham, IL. The Central Loan Processor is responsible for producing accurate loan documents on a timely basis....
  • Just Posted

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Commercial Loan Processor
  • Corps Team
  • Cornelius, NC
  • A growing financial services company is seeking a Commerical Loan Processor for 6+ month contract role located in Cornel...
  • 4/18/2024 12:00:00 AM

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Commercial Loan Processor
  • Corps Team
  • Cornelius, NC
  • A growing financial services company is seeking a Commerical Loan Processor for 6+ month contract role located in Cornel...
  • 4/18/2024 12:00:00 AM

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BUSINESS RELATIONSHIP OFFICER - WATERFORD OFFICE
  • First BanCorp
  • Miami, FL
  • Business Relationship Officer - Waterford Office Job Summary: To work in conjunction with the Commercial Loan Manager pr...
  • 4/18/2024 12:00:00 AM

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Loan Administration Specialist
  • INSBANK
  • Job Purpose and Skills: This position will be responsible for providing operational and servicing support to the Loan Op...
  • 4/18/2024 12:00:00 AM

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Commercial Lending Assistant
  • Valley Bank
  • Tampa, FL
  • Job Overview The Lending Assistant will assist with loan documentation, processing, closing and monitoring while providi...
  • 4/18/2024 12:00:00 AM

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SBA Relationship Officer
  • GBC International Bank
  • San Jose, CA
  • Job Summary The SBA Relationship Officer plans and implements financial institution sales and marketing programs targete...
  • 4/18/2024 12:00:00 AM

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Commercial Loan Processor
  • Search Group Partners Inc.
  • Salt Lake City, UT
  • SEARCH Group Partners is seeking a Commercial Loan Processor for one of our clients located in Holladay, UT. Here's what...
  • 4/17/2024 12:00:00 AM

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Commercial Loan Processor - To 75K - Rockville, WI - Job 3219
  • The Symicor Group
  • Rockville, MD
  • Commercial Loan Processor - To $75K - Rockville, WI - Job # 3219 Who We Are The Symicor Group is a boutique talent acqui...
  • 4/16/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Processor jobs
$41,475 to $53,449