Job Description
Client is seeking a Loan Processor to ensure timely, complete, and accurate packaging of all loans originated by loan officers. Job Responsibilities: *Reviews and understands credit approval and approval conditions to determine documentation requirements. *Reviews supporting documentation to determine entity's ability to enter into loan agreement and pledge collateral, required authorized signers and if the property is located in a flood plain. *Works with third party vendors to obtain needed documentation i.e. title, environmental, appraisals, etc. *Work with loan officer and/or customer to obtain customer information required by banking regulations and bank policy and/or procedure. *Accurately request or prepares closing documentation needed for the specific loan type, structure and collateral being taken. *Calculates final payoffs and compiles accurate disbursement information to ensure the bank collects all required fees and the loan is funded correctly. *Files incoming items in the electronic credit file and is responsible for a complete electronic file for examination purposes. *Reviews documentation prepared by government agencies or attorneys to ensure they were prepared per the credit approval. *Ensures collateral is perfected and clears all post-funding tickler items. *Follows for debenture for 504 loans. *Prepares required forms to complete the process and negotiates and required modifications with the CDC/SBA. *Receives questions and assists branch personnel and sales representatives regarding loan documentation (i.e. verbiage, titling, disbursements,etc). *Interfaces with sales representatives, outside lending partners, DMV offices and/or title/doc service companies. *Provides additional support to other areas of DCL Operations as required.
Company Description
Intelliswift Software, Inc. is a premier business and technology solutions company headquartered in the Silicon Valley, with offices across the United States, India and Singapore. The company has a proven track record of delivering results through its global delivery centers and flexible engagement models for over 450 brands ranging from Fortune 100 to growing companies. Intelliswift provides a variety of services including Enterprise Applications, Mobility, Big Data/BI, Staffing Services, and Cloud Solutions. Growing at an outstanding rate, Intelliswift has been recognized as the second largest private IT Company in the East Bay.