Loan Processor

Job Summary

We are seeking a detail-oriented and organized Loan Processor to join our lending team. This position is responsible for processing consumer and commercial loan files from application through closing while providing administrative and operational support to the lending department. The ideal candidate will possess strong communication skills, attention to detail, and the ability to manage multiple priorities in a fast-paced banking environment.

Primary Responsibilities

• Review loan applications for completeness and accuracy.
• Collect and verify income, assets, credit, collateral, and other required documentation.
• Order and track appraisals, flood determinations, title work, and credit reports.
• Prepare loan documentation and coordinate loan closings.
• Ensure compliance with bank policies and applicable regulations.
• Communicate with borrowers, lenders, attorneys, title companies, and other third parties throughout the loan process.
• Maintain loan files and imaging records.
• As a member of a community bank team, employees are expected to perform a variety of duties to support the bank's operations and customer service objectives. Additional duties may be assigned as necessary.

Additional Duties

• Provide administrative support to lenders and management.
• Prepare reports, correspondence, and reconciliations.
• Assist with loan boarding and post-closing quality control reviews.
• Track insurance, financial statements, and loan exceptions.
• Support audits and regulatory examinations.
• Assist with customer inquiries and resolve issues.
• Crosstrain to provide backup support in other loan operational areas as needed.
• Escrow processes including analysis and disbursements.
• CRA processing and tracking.

Qualifications

• High school diploma or equivalent required; associate or bachelor's degree preferred.
• Previous loan processing or banking experience is preferred.
• Knowledge of and compliance with loan regulations such as TILA (Truth in Lending Act) and Fair Housing laws is preferred.
• Proficiency in Microsoft Office Suite (Word, Excel) for documentation and reporting purposes.
• Excellent attention to detail, time management, and organizational abilities combined with basic math skills necessary for accurate calculations involving escrow accounts and loan figures.
• Ability to maintain confidentiality and exercise sound judgement.

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Work Location: In person