Loan Processor

Fuse3 Solutions; Oklahoma City (OK); On-site; USD 42,000 - 60,000; Full time

Job summary

Fuse3 Solutions is seeking a detail-oriented Loan Processor to review and process small business loan requirements. You will liaise with Loan Officers, order third-party docs, and manage conditions through to funding and closing.

The role requires 3+ years in loan processing, familiarity with commercial lending, and strong document control and communication skills. This full-time position emphasizes accuracy and timely closings.

Qualifications

• 3+ years of loan processing or similar experience.
• Experience with small business or commercial loans preferred.
• Strong understanding of loan processes and closing requirements.
• Bachelor's degree preferred but not required.
• Proficiency in Microsoft Word and Excel.
• Excellent written and verbal communication and attention to detail.
• Ability to manage multiple loan files, priorities, and deadlines.

Responsibilities

• Review approved small business loan requests for accuracy and completeness.
• Manage and track outstanding loan conditions and stipulations.
• Work closely with Loan Officers throughout the processing and closing process.
• Order and review third-party documentation, including appraisals, environmental reports, title work, and other required items.
• Prepare closing packages and request necessary closing documentation.
• Monitor loan files to ensure all required documentation and conditions are completed.
• Process funding advances and wire transactions.
• Assist with post-closing responsibilities as needed.
• Prepare scheduled and ad hoc reports and analysis.
• Maintain accurate and organized loan documentation.
• Communicate with internal departments and outside vendors to keep loans moving toward closing.

Skills

Loan processing

Microsoft Word

Excel

Attention to detail

Communication skills

Multitasking

Education

Bachelor's degree preferred

Job description

Under general supervision, the Loan Processoris responsible for reviewing approved small business loan applications and processing conditions as received from the Loan Officer. As part of the process, individuals will be responsible for reporting and analysis, communication with loan officers, monitoring of condition fulfillment, and some degree of post-closing duties such as funding advances.

Key Responsibilities

• Review approved small business loan requests for accuracy and completeness
• Manage and track outstanding loan conditions and stipulations
• Work closely with Loan Officers throughout the processing and closing process
• Order and review third-party documentation, including appraisals, environmental reports, title work, and other required items
• Prepare closing packages and request necessary closing documentation
• Monitor loan files to ensure all required documentation and conditions are completed
• Process funding advances and wire transactions
• Assist with post-closing responsibilities as needed
• Prepare scheduled and ad hoc reports and analysis
• Maintain accurate and organized loan documentation
• Communicate with internal departments and outside vendors to keep loans moving toward closing

Qualifications

• 3+ years of related loan processing, loan documentation, or lending experience preferred
• Experience with small business or commercial loans is highly preferred
• Strong understanding of loan processes, documentation, and closing requirements
• Bachelor's degree preferred, but not required
• Candidates earlier in their careers may also be considered with a degree and relevant lending/loan experience
• Proficiency in Microsoft Word and Excel
• Strong attention to detail and organizational skills
• Excellent written and verbal communication
• Ability to manage multiple loan files, priorities, and deadlines
• Self-motivated, dependable, and comfortable working closely with Loan Officers

#IND123 #adm #accfin