Full Time Loan Processor, Corporate Office

GENERAL DESCRIPTION OF POSITION

Provides vital support to loan department and its officers where errors can result in a significant loss to the bank. Prepares and maintains documents for a variety of loan types, existing and new loans, including loan disclosures; answers questions regarding closings, authorizing funding after document verification; disburses loan proceeds; provides assistance to customers. Performs various operational functions including but not limited to sending wires, approving settlement statements, balancing Closing Disclosures and General Ledgers. Does loan transfers, orders appraisals, title insurance and credit reports. Responsibility to make sure all loans are prepared, closed, and funded after they are originated and underwritten by a loan officer. Must be able to multi-task while working on various projects

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Creates and completes loan files; checks for required documentation.
   
   
2. Obtains credit reports; orders appraisals and title work; prepares legal filings and release deeds.
   
   
3. Answers phones; prepares correspondence and various reports for review and approval of supervisor.
   
   
4. Assists in CRA reporting information for denied and withdrawn loans.
   
   
5. Maintains lists of exceptions.
   
   
6. Balances UCC, flood, TransUnion, appraisal and lenders performance bond general ledger account balances and invoices.
   
   
7. Maintains tickler system for financial statements and UCC filings.
   
   
8. Process legal filings and sends for recording- mortgages, mortgage extensions and release deeds.
   
   
9. Provides Notary Public service to customers.
   
   
10. Maintains appraiser rotation, assignment list and approves appraisal invoices for payment.
    
    
11. Handles forced placed insurance.
    
    
12. Prepares commercial, consumer and real estate loan documents; types forms, correspondence, etc.; performs routine arithmetic calculations.
    
    
13. Disburses loan proceeds; within authority, answers questions concerning loans and/or loan accounts: provides other customer services as needed.
    
    
14. Verify wiring instructions and prepare wires to fund loans and process loan draws.
    
    
15. Approves settlement statements and balances Closing Disclosures.
    
    
16. Does loan transfers.
    
    
17. Interprets entity organizational charts, By-Laws, and Operating Agreements.
    
    
18. Prepares and files UCC's and UCC Continuations.
    
    
19. Performs second reviews on loan documentation for accuracy.
    
    
20. Orders construction inspections, completes and tracks construction draw requests.
    
    
21. Perform any other related duties as required or assigned.

PHYSICAL ACTIVITIES

While performing the functions of this job, the employee is continuously required to talk or hear; regularly required to sit, use hands to finger, handle, or feel, reach with hands and arms; frequently required to walk; and occasionally required to stand, climb or balance, stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds; frequently lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

ADDITIONAL INFORMATION

Understand and adhere to all compliance issues, attend training as required and related to this position, including but not limited to the Bank Secrecy Act, Privacy Act, US Patriot Act, and Security.  Basic knowledge of loan documentation software needed.