Loan Processing Specialist - Close & Fund Loans

National Cooperative Bank

Hillsboro (OH)

Hybrid

USD 38,000 - 69,000

Full time

34 hours ago
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Job summary

National Cooperative Bank in Hillsboro, OH is seeking a Loan Processor to support residential and consumer loan operations. The role involves reviewing files, ordering appraisals, preparing closing documents, and ensuring complete, accurate records for timely closings.

The ideal candidate has 1–3 years in loan processing, solid knowledge of loan products, and strong communication and analytical skills. The position is hybrid, offering collaboration with Residential Loan Officers and support for

Qualifications

  • 1–3 years of experience in loan processing or related banking roles.
  • Knowledge of loan products and servicing practices.
  • Ability to obtain federal registration and pass pre-employment screenings.
  • Strong communication and mathematical/analytical abilities.

Responsibilities

  • Review loan files at processing milestones and compile required documentation.
  • Order appraisals, process appraisal fees, and monitor appraisal progress through completion.
  • Prepare and deliver closing document packages for escrow loans, HELOCs, and other loans.
  • Conduct post-closing reviews and issue deficiency notices to settlement agents.
  • Maintain organized loan files for Residential Loan Officers.
  • Coordinate closing schedules with settlement agents, attorneys, borrowers and others.
  • Monitor loan file expiration dates and follow up on time-sensitive documentation.
  • Support Residential Loan Officers with marketing initiatives and referrals.

Skills

Loan processing
Communication
Time management
Analytical skills
Cross-selling

Education

High school diploma or GED
Associate or bachelor’s degree preferred

Job description

National Cooperative Bank in Hillsboro, OH is seeking a Loan Processor to support residential and consumer loan operations. The role involves reviewing files, ordering appraisals, preparing closing documents, and ensuring complete, accurate records for timely closings.

The ideal candidate has 1–3 years in loan processing, solid knowledge of loan products, and strong communication and analytical skills. The position is hybrid, offering collaboration with Residential Loan Officers and support for

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