Residential & Commercial Loan Processing Specialist

CB&S Bank; Russellville (AL); Presencial; USD 38.000 - 56.000; Jornada completa

Descripción de la vacante

CB&S Bank in Russellville, AL is seeking a meticulous Loan Processor to handle owner-occupied residential real estate loans, commercial and consumer loans after approval by a Loan Officer. You will assemble all required documents to ensure regulatory compliance and smooth loan processing.

Responsibilities include ordering appraisals and title work, preparing disclosures, coordinating closings with officers, customers, and attorneys, and maintaining accurate filing of loan documents.

Formación

• High school graduate or equivalent.
• Minimum of one year of clerical and loan operations experience.
• Minimum of one year experience as a real estate loan secretary, closing agent, or equivalent experience.
• Excellent organizational skills and communication skills, both verbal and written.
• Demonstrated ability to adapt to and use other PC based software packages.
• Proven knowledge of loan policies and procedures.
• Intimate knowledge of Real Estate Settlement and Procedures Act, Truth in Lending, and Home Mortgage Disclosure Act.

Responsabilidades

• Demonstrates an aptitude for banking and exhibits proficiency in all areas of loan documentation.
• Assists Lending Officers in processing loans and correspondence.
• Types loans, title applications, mortgages, UCCs, other supporting documentation and correspondence for all Loan Officers.
• Orders and reviews real estate appraisals and title insurance for exceptions regarding mortgage loans.
• Works with Loan Officers to clear exceptions.
• Prepares and mails Good Faith Estimates and Advance Truth in Lending Disclosures in accordance with all regulations.
• Monitors status of documentation and prepares weekly status reports for distribution to loan officers.
• Prepares real estate loan documentation for loan closings, and closes such loan when necessary.
• Originates and follows up on mortgage loan files in compliance with all state and federal regulations.
• Coordinates loan closings with Loan Officers, Customers, and Attorneys.
• Distributes funds accordingly after a loan closing.
• Maintains government records on loan files and prepares procedural forms on closed loans.
• Prepares documentation for mortgage releases.
• Responsible for the accurate filing of all loan documentation and collateral files.
• Appropriately logs and files all loan documentation when entering and leaving the department.
• Assists customers with questions or problems with their loan accounts.
• Must communicate with auditors from state, federal, and independent agencies.
• Requires the ability to interact effectively with all levels of bank personnel.
• Obtains specific goals related to production, quality documentation as described by supervisor.

Conocimientos

Banking knowledge

Loan documentation

Communication skills

Organizational skills

Verbal & written communication

Interpersonal interaction

Adaptability to software

Educación

High school diploma or equivalent

Herramientas

PC-based software

Descripción del empleo

CB&S Bank in Russellville, AL is seeking a meticulous Loan Processor to handle owner-occupied residential real estate loans, commercial and consumer loans after approval by a Loan Officer. You will assemble all required documents to ensure regulatory compliance and smooth loan processing.

Responsibilities include ordering appraisals and title work, preparing disclosures, coordinating closings with officers, customers, and attorneys, and maintaining accurate filing of loan documents.