Review credit applications and credit reports for accuracy and compliance with banking regulations.
Prepare early disclosures that are required by banking regulations.
Order title searches, appraisals/evaluations and surveys.
Prepare documentation for all new Real Estate loans, to include modifications and extensions utilizing the Bank’s internal software and the Bank’s Attorneys.
Book loans on the Bank’s system and prepare general ledger tickets for funding.
Review approved loan packages and Loan Officer worksheets for completeness and compliance with Bank policy, procedures and guidelines.
Coordinate with Bank Attorneys the terms and interest rates for loans.
Communicate any deficiencies or exceptions to Loan Officers and/or Lending Assistants and assist with the corrections.
Primary contact for loan documentation related questions for all Bank personnel.
Prior to closings ensure collateral insurance is sufficient.
Coordinate closings with Title Company and Attorneys.
Prepare and update Pipeline reports on a daily basis and distribute weekly.
Provides pay offs as needed.
Request release of liens from Bank Attorneys as needed.
Input and track customer’s financial information.
Preparation of HMDA packages when required.
Stay abreast of changes in Bank procedures and policies as well as banking regulations.
EDUCATION AND SPECIAL REQUIREMENTS
High school diploma or equivalent required.
3 years of Real Estate loan processing experience.
Strong decision making and organizational skills with attention to detail
Ability to handle heavy volumes of work under pressure in a deadline driven environment.
Proficient multi-tasking and prioritizing skills.
This job requires skills needed in a typical office environment. This includes computer skills, typing and ten key skills, as well as utilization of office equipment.
Typical work hours 8 to 5 with occasional overtime.