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)
JOB TITLE: Loan Processor- FNMA/FMAC and Escrow
Entity (SFG, SIS, SCB): SCB-8110
Job Classification: Full Time, Non-Exempt
Department: Loan Processing
Reports to: Loan Processing Manager
Education requirements:
Experience or Skill requirements:
Duties (subject to change based on department needs):
Primary Responsibility:
Other Loan Processor duties:
The Loan Processor-FNMA/FMAC and Escrow will work with the Loan Processors, Loan Officers, Loan Officer Assistants, and Post Closers.
Summit provides equal employment opportunities in all aspects of employment. All employment decisions are made without regard to race, color, religion, age, sex (including pregnancy, sexual orientation, or gender identity), national origin, disability status, genetics, protected veteran status, or any other characteristic protected by federal, state, or local laws.
Salary Information: Hourly rate varies, based on experience.