Job Description - Loan Processor I

 



Loan Processor I – Key Responsibilities:





  • Assist with all aspects of documenting loans in accordance with policies, procedures, laws, and regulations




  • Process loan applications as requested by lenders




  • Gather and organize data needed to complete loan files




  • Enter loan information and create loan closing packages in the loan system




  • Prepare and collect required legal documents




  • Record mortgage documents, UCC/EFS financing statements, and other collateral records




  • Complete files for denied or withdrawn loans




  • Assist attorneys and paralegals during the loan closing process




  • Obtain required third-party items such as insurance, appraisals, flood determinations, and title work




  • Assist with HMDA determinations and follow up on pending loan items




  • Manage ticklers and track outstanding documentation




  • Organize and maintain loan files according to procedures




  • Process paid-off loans and ensure collateral release is completed




  • Provide support to lenders and staff by answering questions on policies, procedures, and systems




  • Prepare documentation for renewals, modifications, and file maintenance




  • Process third-party invoices and coordinate with Accounts Payable




  • Work with internal departments to ensure smooth workflow and communication




  • Respond to inquiries from staff and customers in a timely manner




  • Perform other related duties as assigned





 


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