Loan Processor - Community-Focused Closings

BankTennessee; Collierville (TN); On-site; USD 42,000 - 62,000; Full time

Job summary

BankTennessee in Tennessee is seeking a Loan Processor to prepare complete, accurate loan documentation for closings, ensuring information is obtained, verified, and organized per policy and regulatory requirements.

The role reports to the Loan Processing Manager and requires 3–5 years of loan processing experience, a high school diploma (associate/bachelor's preferred), and strong attention to detail. Occasional travel to other BankTennessee facilities may be required.

Qualifications

• High school diploma or equivalent required; associate or bachelor's degree preferred.
• 3-5 years of experience in loan processing or related banking field required; experience in processing consumer, commercial and real estate loans preferred.
• Strong understanding of loan documentation requirements including title work, appraisals, insurance, and closing documentation.
• Knowledge of collateral documentation such as deeds of trust, UCC filings, title work and related requirements.
• Familiarity with regulatory requirements impacting lending operations (TRID, HMDA, flood insurance regulations, Reg B, etc.).
• Excellent communication and interpersonal skills; strong writing and proofreading abilities.
• Ability to maintain confidentiality and handle sensitive financial information.

Responsibilities

• Prepare and process all types of bank loans, including consumer, commercial, and real estate.
• Disclose properly within stated regulatory guidelines.
• Order and track supporting documentation (flood certifications, appraisals, title work, UCC-11s, payoffs).
• Coordinate loan closing with lender, borrower, attorneys, and other parties.
• Process loan documents according to Bank Loan Policy and review packages with lenders prior to closing.
• Identify professional development opportunities and areas for growth.
• Build and maintain positive relationships with internal and external partners.

Skills

Loan documentation

Collateral documentation

Regulatory knowledge

Policy compliance

Communication

Time management

Teamwork

Software proficiency

Education

High school diploma

Associate or bachelor's degree preferred

Tools

Loan origination systems

Documentation platforms

Job description

BankTennessee in Tennessee is seeking a Loan Processor to prepare complete, accurate loan documentation for closings, ensuring information is obtained, verified, and organized per policy and regulatory requirements.

The role reports to the Loan Processing Manager and requires 3–5 years of loan processing experience, a high school diploma (associate/bachelor's preferred), and strong attention to detail. Occasional travel to other BankTennessee facilities may be required.