Commercial Loan Processor jobs in Saginaw, MI
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)
Recently Added Commercial Loan Processor jobs
Mortgage Loan Processor
- ELGA Credit Union
-
Grand Blanc, MI
FULL_TIME
-
ELGA Credit Union
Mortgage Loan Processor
Department: Mortgage
Reports To: Director of Mortgages
Classification: Non-Exempt
Supervises Direct: 0
Supervises Indirect: 0
Role: To ensure that required mortgage documentation is requested, reviewed timely and issues are addressed prior to final underwriting.
Essential Functions & Responsibilities:
35% = Reviews residential loan application files to determine what documentation is required in accordance with product guidelines and credit union policies and procedures.
15% = Communicates with mortgage loan originators and/or members to ensure understanding of what documentation is required.
15% = Collects required documentation including ordering third party documents as applicable to each loan approval.
10% = Acts as a liaison and subject matter expert to external members, internal members and third party vendors.
10% = Verifies all documentation ensuring it is complete, accurate and in compliance with product guidelines, credit union policies, procedures, federal and state regulations.
5% = Submits files to underwriter when appropriate.
5% = Acts as a back-up to the mortgage loan closer.
5% = Performs other related duties as assigned.
Performance Measurements:
1. To take full responsibility for your own success with no excuses and add comments to performance management system on a weekly basis.
2. Complete set-up of file including organizing documents into appropriate tabs, verifying disclosures and ordering third party items then submit file for initial underwriting within 48 hours of receipt.
3. Communicate conditions to loan originator and/or member within 24 hours of receipt of the file from initial underwriting. Work with loan originators and/or members to obtain required documentation.
4. Verify documentation is complete, accurate and in compliance with product guidelines as well as credit union policies and procedures. Submit file for final underwriting within 48 hours of receipt of documentation for final condition.
5. To continually update knowledge of credit union products, compliance, sales skills, and self
improvement by completing online training courses, fully participating in individual and group
training offered by credit union trainers, reading business related/self improvement books, and
taking outside courses. To maintain working knowledge of all mortgage products and rates, both within the credit union and from the industry overall.
6. To meet established expectations of ELGA's Core Factors including but not limited to Accountability, Attitude, Communication, Competence, Continuous Improvement & Innovation and Relationship Building.
7. To support other associates and to take the initiative to offer help when needed.
Knowledge and Skills:
Experience : Minimum of six months of related mortgage experience. Mortgage processing experience preferred.
Education: (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.
Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills
1.Must be registered with NMLS in accordance with the SAFE ACT.
2.Must have good communication skills. Ten key calculator, typewriter and keyboard skills.
This Job Description is not a complete statement of all duties and responsibilities comprising the position. - 21 Days Ago
Mortgage Loan Processor II
- Michigan Credit Union League
-
Midland, MI
FULL_TIME
- Organization: Members First CU Date Posted: January 10, 2024 Region: Mid-Michigan Location of Position: Midland Position Level: Entry Are you an experience Mortgage Processor who is passionate about h...
- 15 Days Ago
Consumer Loan Processor - Alpena Main
- Alpena Alcona Area Credit Union
-
Alpena, MI
FULL_TIME
- Duties: Are you ready for a new and thrilling career? As a Consumer Loan Processor at Alpena Alcona Area Credit Union’s Main Office location, you will ensure completeness of consumer loan documentatio...
- 5 Days Ago
Commercial Loan Portfolio Manager
- ELGA Credit Union
-
Grand Blanc, MI
FULL_TIME
- ELGA Credit Union Commercial Loan Portfolio Manager Department: Commercial Reports To: Director of Commercial Services Classification: Exempt Supervises Direct: 2 Supervises Indirect: 1 Role: Responsi...
- 21 Days Ago
Processor
- Postal Source
-
Mount Pleasant, MI
FULL_TIME
- POSTAL MAIL PROCESSOR NO EXPERIENCE REQUIRED PAID TRAINING PROVIDED JOB SECURITY The Postal Service is the largest government related agency in terms of employees. The Postal Service currently employs...
- 1 Day Ago
Processor
- Security Search, LTD
-
Mount Pleasant, MI
FULL_TIME
- Prepare all closing documents for real estate transactions. Resolve property title issues. Interact with realtors, buyers, sellers, and lenders throughout the day via phone, internet and in person. Ma...
- 1 Month Ago
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0 Commercial Loan Processor jobs found in Saginaw, MI area
Project Manager
- Focus Talent Solutions
-
Saginaw, MI
- *****THIS IS NOT AN IT RELATED POSITION.***** ENGINEERING EXPERIENCE IS REQUIRED!!!! Focus Talent Solutions is recruitin...
- 4/26/2024 12:00:00 AM
Power Distribution Engineer
- Focus Talent Solutions
-
Saginaw, MI
- Hello Candidates! We are recruiting for one of our favorite clients in the Saginaw area. This client is a chemical compa...
- 4/26/2024 12:00:00 AM
Medical Office Receptionist
- Kevin Roy, MD
-
Saginaw, MI
- Company Description Family Medicine physician office with two medical practitioners. Role Description This is a full-tim...
- 4/26/2024 12:00:00 AM
Xray Technician
- Prolink
-
Saginaw, MI
- 4/22 start date Rad Tech/x-ray 40 hrs. AM 13 weeks $2360 #allied Job Overview: We are seeking a skilled and dedicated Te...
- 4/26/2024 12:00:00 AM
Perm - Physician - Orthopedic Trauma Surgeon
- Acruex Inc.
-
Saginaw, MI
- Acruex Inc is hiring for one of our Healthcare Client. Only US citizens are eligible to apply. Located in middle Michiga...
- 4/26/2024 12:00:00 AM
Human Resources Manager
- CSG Talent
-
Saginaw, MI
- Join Our Team as a Human Resources Manager! Are you a seasoned HR professional with a passion for fostering positive wor...
- 4/26/2024 12:00:00 AM
GRAY TELEVISION FUTURE FOCUS INTERN SPRING '24 - WNEM
- Gray Television
-
Saginaw, MI
- Are you among the best and brightest at your college or university and are contemplating what's next? Life is short. Sto...
- 4/26/2024 12:00:00 AM
Teller
- Financial Plus Credit Union
-
Flint, MI
- Job Type Part-time Description DUTIES & RESPONSIBILITIES: Perform routine member transactions, including but not limited...
- 4/25/2024 12:00:00 AM
About Saginaw, Michigan
Saginaw (/ˈsæɡɪnɔː/) is a city in the U.S. state of Michigan and the seat of Saginaw County. The city of Saginaw and Saginaw County are both located in the area known as Mid-Michigan or Central Michigan. The city of Saginaw is located adjacent to Saginaw Charter Township and is considered part of the Tri-City area, along with neighboring Bay City and Midland. The Saginaw County MSA had a population of 196,542 in 2013. The city is also the largest municipality within the Saginaw, Midland, and Bay City Metropolitan Area.
The city of Saginaw was a thriving lumber town in the 19th century and an i...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Processor jobs
$37,988 to $48,956
Saginaw, Michigan area prices
were up 1.3% from a year ago
were up 1.3% from a year ago