Commercial Loan Processor jobs in New Brunswick, NJ

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)

M
Residential Mortgage Loan Processor
  • Manasquan Bank
  • Wall, NJ FULL_TIME
  • Please note: this is not a remote-based role.

    PRIMARY PURPOSE

    Process new residential mortgage, equity, and consumer loan applications as outlined in the Bank’s policies including obtaining and analyzing financial information, credit bureaus, appraisals, and property searches.

    ESSENTIAL DUTIES & RESPONSIBILITIES

    • Prepare disclosures, lock in forms, commitments, and deliver closing instructions to the closing agent.
      • Order/review credit reports, flood search, appraisal, property checks, private mortgage insurance, IRS Transcripts.
      • Responsible for completed VOE forms; ordered through 3rd party source.
      • Prepare/deposits/run credit cards for deferred fees; application/appraisal/lock in fees/construction fees.
      • Collect and review loan documentation to prepare files for underwriting; clear underwriting conditions once loan is approved.
      • Calculate debts and income for all sources including self-employment income.
    • Processes extension requests, change in loan programs and loan amounts; processes commitment extensions on residential and construction loans.
    • Meets with clients to gather documentation.
    • Provide consistent follow-up with loan originators, borrowers, and management to complete processing.
    • Build rapport with both our internal and external customers.
    • Answers mortgage hot line calls. 
    • Performs related duties as assigned and/or required for efficient operation of the department.

    JOB REQUIREMENTS 

    • Working knowledge of residential, consumer and construction loans.  Full knowledge of Agency and Secondary Market underwriting guidelines.  
    • Must be abreast of current regulations including TRID, HMDA, etc.
    • Computer proficiency in Microsoft Word; Excel and other Banking software and applications.  Knowledge of Encompass software is a plus.
    • Ability to run loans through Automated Underwriting Systems including DU/LP.
    • Great interpersonal skills with the ability to interact in an appropriate and timely manner with all internal/external clients.
    • Proficient with Microsoft Office Suite products, specifically Excel and Word.
    • Ability to communicate clearly and accurately in both verbal and written form.
    • Ability to work independently and efficiently.
    • Ability to manage time, resources, and set priorities to accomplish multiple duties.
    • Ability to maintain and report on confidential information in an appropriate manner. 

    EXPERIENCE & EDUCATION

    • 3 years’ experience in banking or other financial institution in a lending capacity.  Mortgage processing experience.
    • Bachelor’s degree preferred or equivalent industry specific experience

     

    WORKING CONDITIONS/PHYSICAL REQUIREMENTS: Office environment. Sitting for long periods of time.  Daily use of wrists, hands, and fingers to use computer and telephone. Ability to hear and speak clearly for gathering and giving simple to complex information.

     DISCLAIMER: This information describes the general nature and level of work performed by employees in this job.  The description is not designed to be a comprehensive inventory of all duties, responsibilities, and qualifications required of employees in this job.  Reasonable accommodation may be made to qualified, disabled individuals for the performance of essential duties and responsibilities.

  • 13 Days Ago

P
Commercial Loan Officer III
  • Peoples Security Bank & Trust Company
  • Piscataway, NJ FULL_TIME
  • Description If you are looking for a great place to work, and reach your potential, look toPeoples Security Bank & Trust.We continue to grow and are always looking for the right people to join our tea...
  • 2 Months Ago

A
Commercial Loan Underwriter
  • Amplify Recruiting
  • Lakewood, NJ FULL_TIME
  • PAYRO is the only funding option designed for the realities of payroll We offer cash-flow positive businesses fast, flexible, and most importantly low-cost funding — along with cutting-edge tools and ...
  • 16 Days Ago

A
Commercial Real Estate Loan Officer
  • Amboy Bank
  • Old Bridge, NJ FULL_TIME
  • Position Summary The Commercial CRE Lender develops new commercial real estate loan business and manages a portfolio of commercial real estate loans. The incumbent recommends new lending business for ...
  • 2 Months Ago

M
Commercial Loan Officer - New Brunswick, NJ
  • Mid Penn Bancorp Inc.
  • Brunswick, NJ FULL_TIME
  • A great banking experience starts with a great team! Mid Penn Bank is actively seeking a Commercial Loan Officer to join our team in New Brunswick, NJ. We believe that our ongoing success depends upon...
  • 7 Days Ago

F
Mortgage Processor
  • First Equity Funding
  • Sea Girt, NJ FULL_TIME
  • Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking ...
  • 20 Days Ago

Filters

Clear All

  • Filter Jobs by companies
  • More

0 Commercial Loan Processor jobs found in New Brunswick, NJ area

P
Universal Banker
  • Provident Bank
  • Edison, NJ
  • How would you like to join one of the most highly regarded community-focused financial institutions in the Tri-State are...
  • 3/29/2024 12:00:00 AM

P
Regional Teller/Banker
  • PNC Financial Services Group, Inc.
  • Edison, NJ
  • Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. ...
  • 3/29/2024 12:00:00 AM

H
(Mortgage) Branch Manager - Producing
  • Hilltop Holdings
  • East Brunswick, NJ
  • **(Mortgage) Branch Manager - Producing** CAROUSEL_PARAGRAPH * East Brunswick, New Jersey * Sales Management * 13732 * P...
  • 3/28/2024 12:00:00 AM

Y
Mortgage Originator Market Leader
  • YourWayHome.com LLC
  • New Brunswick, NJ
  • (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

P
Loan Officer Assistant
  • Petra Cephas: Residential Mortgage Brokers
  • Piscataway, NJ
  • Petra Cephas Inc. is a residential mortgage broker based out of New Jersey. The Loan Officer Assistant will work closely...
  • 3/28/2024 12:00:00 AM

S
Portfolio Specialist - Asset Recovery
  • SHI International Corp.
  • Somerset, NJ
  • Job Summary: The Portfolio Specialist assists the Portfolio Manager in managing the Asset Recovery solution set for the ...
  • 3/27/2024 12:00:00 AM

W
Teller Bilingual George's Rd
  • WELLS FARGO BANK
  • North Brunswick, NJ
  • Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
  • 3/25/2024 12:00:00 AM

P
Mortgage Loan Officer
  • PNC Financial Services Group
  • Fords, NJ
  • Job Profile Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the market...
  • 3/25/2024 12:00:00 AM

According to the United States Census Bureau, the city had a total area of 5.789 square miles (14.995 km2), including 5.227 square miles (13.539 km2) of land and 0.562 square miles (1.456 km2) of water (9.71%). New Brunswick is in Raritan Valley (a line of cities in central New Jersey). New Brunswick is on the south side of Raritan Valley along with Piscataway Township, Highland Park, Edison Township, and Franklin Township (Somerset County). New Brunswick lies southwest of Newark and New York City and northeast of Trenton and Philadelphia. New Brunswick is bordered by Piscataway, Highland Park...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Processor jobs
$45,935 to $59,201
New Brunswick, New Jersey area prices
were up 1.5% from a year ago