Commercial Loan Closings Specialist

First Community Bank; Lexington (SC); On-site; USD 55,000 - 75,000; Full time

Job summary

First Community Bank in Lexington, SC, seeks an experienced loan documentation specialist to prepare loan packages, order title work, verify insurance, and coordinate with closing attorneys to ensure timely delivery.

Responsibilities include reviewing appraisals for USPAP compliance, calculating loan-to-value, and maintaining accurate documentation while delivering strong customer service and precise administrative support.

Qualifications

• High school diploma or equivalent and 5 years related experience; or an equivalent combination of education and experience.
• Effective oral and written communication skills.
• Ability to maintain professional focus.
• Ability to compute basic to moderately complex math calculations.
• Proven problem-solving, critical thinking, and analytical skills. Ability to interpret a variety of information furnished in written, oral, diagram, or schedule form.
• Exhibit attention to detail and accuracy.
• Proficiency in using personal computers and office products (e.g., Word, Excel).
• Excellent customer service and interpersonal skills.
• Strong organizational and time management skills. Ability to prioritize.
• Demonstrate willingness and desire to interact in a team environment.

Responsibilities

• Order, review and approve title work for real estate loans and notify bankers of issues related to title exceptions or liens.
• Order, review and approve outside appraisal requests; stay abreast of regulatory issues including USPAP.
• Review and approve all in-house evaluations.
• Analyze loan requests and documents for real estate and other collateral.
• Interpret and apply loan policies such as loan-to-value ratio and appraisal criteria.
• Maintain working knowledge of general lending policies and practices.
• Prepare system-generated loan documents from data supplied by bankers and closing attorneys.
• Identify and review insurance policies to confirm adequate coverage for loans.
• Prepare wires and bank tickets for loan packages to attorneys.
• Complete Documentation Checklist indicating status of items and missing items.
• Liaise with closing attorneys to deliver total loan package for closing.
• Collaborate with bankers to ensure smooth loan process and resolve documentation/timing issues.
• Maintain customer service focus to foster positive relationships.
• Stay current with regulatory and compliance issues affecting credit decisions and loan documentation.
• Demonstrate working knowledge of all bank loan products and services.

Skills

Communication skills

Attention to detail

Time management

Customer service

Math calculations

PC/Office proficiency

Teamwork

Education

High school diploma or equivalent

5 years related experience

Tools

Word

Excel

Job description

First Community Bank in Lexington, SC, seeks an experienced loan documentation specialist to prepare loan packages, order title work, verify insurance, and coordinate with closing attorneys to ensure timely delivery.

Responsibilities include reviewing appraisals for USPAP compliance, calculating loan-to-value, and maintaining accurate documentation while delivering strong customer service and precise administrative support.