Loan Processing Specialist: Closings & Compliance

Tnbankers; Collierville (TN); On-site; USD 42,000 - 64,000; Full time

Job summary

Tnbankers in Collierville, TN seeks a Loan Processor responsible for preparing complete, accurate loan documentation for closings in line with internal policies and regulatory requirements.

Responsibilities include processing all loan types, obtaining documentation, coordinating closings, and ensuring compliance. Strong attention to detail and ability to handle multiple priorities in a team setting are essential.

Qualifications

• 3-5 years of loan processing or related banking field.
• Knowledge of loan documentation requirements and closing documentation.
• Familiarity with regulatory requirements affecting lending operations (TRID, HMDA, flood regulations, Reg B).

Responsibilities

• Prepare and process all bank loan types.
• Disclose properly within stated regulatory guidelines.
• Order and track supporting documentation (flood certs, UCC searches, payoffs).
• Coordinate loan closing with lender, borrower, attorneys, and others.
• Review loan package with lender prior to closing.
• Maintain knowledge of bank policies and applicable laws.

Skills

Loan documentation

Collateral documentation

Regulatory requirements (TRID HMDA Reg

Disclosures under guidelines

Communication skills

Attention to detail

Time management

Team collaboration

Learn bank software

Loan origination systems

Education

High school diploma or equivalent

Associate or bachelor’s degree preferred

Tools

Loan origination systems

Job description

Tnbankers in Collierville, TN seeks a Loan Processor responsible for preparing complete, accurate loan documentation for closings in line with internal policies and regulatory requirements.

Responsibilities include processing all loan types, obtaining documentation, coordinating closings, and ensuring compliance. Strong attention to detail and ability to handle multiple priorities in a team setting are essential.