Loan Processor I

F&M BankOklahoma City, OK
8hOnsite

About The Position

This position's primary duties are to 1) order appraisals and title work, 2) file mortgages, 3) work TE's, 4) prepare loan documents on less complicated commercial and consumer loan products, 5) scan and index all loan documents. Essential Functions: Orders Appraisals, Title Work, NADA, Credit Reports, etc. Files Mortgages, forward to title companies, and follow-up on final title work. Enter loan data into document processing software on approved loans. Prepare and distribute to lenders accurate loan documentation. Must organize and prioritize incoming loan requests so that response times are met. Communicate with lenders to ensure proper selection of loan products and completion of loan documents. Complete pre-funding checklist. Ensure that loan documents are scanned and indexed in accordance with bank guidelines and ensure that all documents are properly executed. Reviews TE's (technical exceptions) upon scanning of documentation, researches and clears when applicable. Perform limited post-closing review for necessary documents. Has the ability to handle issues/problems that are basic and routine; refers more complex issues to senior staff. Has a general understanding of systems and products. Provides other support functions or roles. Assists with projects as assigned. Additional Functions: Other duties as assigned by management.

Requirements

  • High School Diploma
  • The ability to communicate effectively verbally and in writing
  • Basic computer skills; Microsoft Word and Excel preferred
  • Good organizational and time management skills.
  • Strong sense of customer service.
  • Strong attention to detail.
  • Good problem solving and troubleshooting skills.
  • Flexibility and ability to multi-task

Nice To Haves

  • Microsoft Word
  • Microsoft Excel

Responsibilities

  • Orders Appraisals, Title Work, NADA, Credit Reports, etc.
  • Files Mortgages, forward to title companies, and follow-up on final title work.
  • Enter loan data into document processing software on approved loans.
  • Prepare and distribute to lenders accurate loan documentation.
  • Organize and prioritize incoming loan requests so that response times are met.
  • Communicate with lenders to ensure proper selection of loan products and completion of loan documents.
  • Complete pre-funding checklist.
  • Ensure that loan documents are scanned and indexed in accordance with bank guidelines and ensure that all documents are properly executed.
  • Reviews TE's (technical exceptions) upon scanning of documentation, researches and clears when applicable.
  • Perform limited post-closing review for necessary documents.
  • Handle issues/problems that are basic and routine; refers more complex issues to senior staff.
  • Provide other support functions or roles.
  • Assist with projects as assigned.
  • Other duties as assigned by management.
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