Retail Loan Processor

Vaco by Highspring; Greenville (OH); On-site; USD 40,000 - 45,000; Full time

Job summary

A financial services company in Greenville, OH, is seeking a Commercial Loan Processor. This entry-level role involves verifying and inputting loan information, preparing closing documents, and managing communication with various stakeholders. Ideal candidates are attentive to detail and have basic knowledge of loan processing. The position offers a salary range of $40,000 to $45,000 annually.

Qualifications

• Entry-level position requiring attention to detail and effective communication.
• Ability to manage and verify loan information accurately.
• Experience in customer service is beneficial.

Responsibilities

• Input and verify loan information submitted by Loan Originators.
• Compile and validate all necessary documentation for accuracy.
• Prepare closing documents and manage the servicing of completed loans.

Skills

Attention to detail

Communication

Loan processing knowledge

Tools

Loan Origination System (Abrigo/LaserPro)

Job description

2 days ago Be among the first 25 applicants

This range is provided by Vaco by Highspring. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$40,000.00/yr - $45,000.00/yr

Direct message the job poster from Vaco by Highspring

Position Summary: The Commercial Loan Processor is responsible for inputting and verifying loan information submitted by Loan Originators using the Loan Origination System (Abrigo/LaserPro). This role involves compiling, reviewing, and validating all necessary documentation for accuracy, including appraisals, flood certifications, underwriting materials, and title examinations. The processor also prepares closing documents and enters finalized loans into the bank's Core system. Regular communication with Loan Originators, appraisers, attorneys, realtors, insurance agents, and contractors is essential. Additionally, the processor manages the servicing of completed commercial loans.

Essential Job Functions:

• Act as the primary point of contact for the Loan Origination System (Abrigo/LaserPro)
• Review submitted loan applications to fully understand the terms of each transaction
• Participate in weekly meetings with the commercial loan team to oversee the current loan pipeline
• Request flood determinations when applicable
• Order appraisals and handle ledger account deposits associated with them
• Deliver finalized appraisals to Loan Originators
• Request title exams and loan payoffs
• Examine title opinions and report issues such as liens, unpaid taxes, or title defects to the Loan Originator

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Customer Service and Finance

Industries

• Banking

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