Launch Your Career: Commercial Loan Coordinator I

Mercantile Bank of Michigan; West Branch (MI); On-site; USD 42,000 - 58,000; Full time

Benefits offered by this job

Competitive wage

Full benefits package

Medical, dental, vision

401(k) with match

FSA

Job summary

Mercantile Bank in West Branch, MI is hiring a full-time Commercial Loan Coordinator I to manage loan-document preparation, due diligence, and closing support. You will research, assemble, verify information, and collaborate with lenders to ensure timely processing.

The role requires strong organization, the ability to work independently and with a team, and excellent communication as you handle inquiries and coordinate with other departments.

Qualifications

• High school diploma or GED required.
• 1-3 years' experience in a professional setting.
• 1-3 years' banking experience preferred.
• Comfort with multiple software systems.
• Ability to multi-task and stay organized.
• Excellent communication skills.

Responsibilities

• Research, assemble, and verify all required information for commercial loan packages.
• Obtain due diligence such as title commitments, lien searches, appraisals, and disclosures.
• Coordinate with Commercial Lenders and other departments to ensure smooth processing and closing.
• Answer department inquiries and support disbursement of funds at closing.

Skills

Researching

Verifying documents

Communication skills

Independence and teamwork

Multi-tasking

Overtime flexibility

Reliability

Education

High school diploma or GED

Tools

Banking software

Document management

Job description

Mercantile Bank in West Branch, MI is hiring a full-time Commercial Loan Coordinator I to manage loan-document preparation, due diligence, and closing support. You will research, assemble, verify information, and collaborate with lenders to ensure timely processing.

The role requires strong organization, the ability to work independently and with a team, and excellent communication as you handle inquiries and coordinate with other departments.