Loan Processor (Valdosta, GA)

Commercial Banking Company•Valdosta, GA

2d•Onsite

About The Position

Oversees the loan process from customer to closing and works closely with lending officers to ensure a smooth production process. Responsible for processing all loan requests, which includes but not limited to, preparing early disclosures, all necessary loan documents, obtaining flood data, verifying information given by lender, completing general ledger entries, booking loans, and maintaining loan files. Review loan application package and elevate concerns related to incomplete or incorrect information. Accountable for preparing TRID/RESPA early disclosures and loan documents. Prepare security deeds, deed modifications and HELOC deeds and send for recording. Follow up with attorneys for Final Title Opinions or Title Insurance and request recorded deeds. Prepare Estoppel letters, attorney letters/payments, loan proceed checks, debt consolidation checks, note and deed modifications, and payment extensions. Research state internet site for recorded Deeds, Cancellations, Quitclaims, and UCC's. Verifies Business Entity Information, which includes but not limited to, Partnership Agreements, LLC Operating Agreement, Corporation By-Laws, Corporation Certificates of Title, Articles of Incorporation, and Corporate Resolutions. Follow Beneficial Owner requirements for Business Entities. Works closely with Attorneys on real estate closings, order Title Opinions, and prepare/review Closing Disclosures. Order and maintain the appraisal files, ensure payment, and balance monthly. Protect the assets of the bank by verifying approval of loan exceptions and elevating those without proper approval to supervisor. Process letter of credit requests and maintain the letter of credit file, ensure proper tickets have posted, and balance monthly. Verify property tax and insurance have been paid and all loan collateral documents are in file. Prepare escrow account disclosures, process annual analysis statement, and prepare disbursements. Complete required HMDA documents and review file for proper documentation. Prepare participation loan document packages for purchased and sold loans. Process Non-Originated Loan Packages. Maintain collateral vault documents and place required holds. Complete E-Oscar disputes. Prepare MV1's and process electronic title liens. Assist in Operations Department with various tasks including exception management, research, statements, and customer service. Assist other Loan Processors as needed. Perform various tasks as assigned by supervisor or lending officer. Maintains knowledge of bank policies, procedures, and operational processes.

Requirements

High school diploma or the equivalent
Prior banking experience, preferable in loan operations and/or loan processing
Knowledge of banking policies, procedures, and regulations
Excellent interpersonal and customer service skills; good social skills
Demonstrates a "team" attitude toward the bank and coworkers with a constant focus on improving/protecting the bank
Possesses an attitude of cooperation and a continual motivation to learn
Ability to demonstrate high levels of accuracy and efficiency
Work well under stress
Good organizational skills and the ability to multitask efficiently
Proficiency with computers; good technical skills
Maintains a neat, well-groomed, professional appearance
Maintains a clean work area
Excellent written and verbal communication skills
Ability to work well in operations setting; self-motivated
Punctual & reliable
Must be able to pass a Background check
Must be able to pass a Credit check
Must be able to pass a Drug Screen

Responsibilities

Processing all loan requests, including preparing early disclosures and loan documents.
Obtaining flood data and verifying information provided by the lender.
Completing general ledger entries, booking loans, and maintaining loan files.
Reviewing loan application packages and escalating concerns about incomplete or incorrect information.
Preparing TRID/RESPA early disclosures and loan documents.
Preparing security deeds, deed modifications, and HELOC deeds for recording.
Following up with attorneys for Final Title Opinions or Title Insurance and requesting recorded deeds.
Preparing Estoppel letters, attorney letters/payments, loan proceed checks, debt consolidation checks, note and deed modifications, and payment extensions.
Researching state internet sites for recorded Deeds, Cancellations, Quitclaims, and UCC's.
Verifying Business Entity Information (Partnership Agreements, LLC Operating Agreements, Corporation By-Laws, Corporation Certificates of Title, Articles of Incorporation, and Corporate Resolutions).
Following Beneficial Owner requirements for Business Entities.
Working closely with Attorneys on real estate closings, ordering Title Opinions, and preparing/reviewing Closing Disclosures.
Ordering and maintaining appraisal files, ensuring payment, and balancing monthly.
Verifying approval of loan exceptions and elevating those without proper approval to the supervisor.
Processing letter of credit requests and maintaining the letter of credit file, ensuring proper tickets have posted, and balancing monthly.
Verifying property tax and insurance payments and ensuring all loan collateral documents are in file.
Preparing escrow account disclosures, processing annual analysis statements, and preparing disbursements.
Completing required HMDA documents and reviewing files for proper documentation.
Preparing participation loan document packages for purchased and sold loans.
Processing Non-Originated Loan Packages.
Maintaining collateral vault documents and placing required holds.
Completing E-Oscar disputes.
Preparing MV1's and processing electronic title liens.
Assisting in the Operations Department with various tasks including exception management, research, statements, and customer service.
Assisting other Loan Processors as needed.
Performing various tasks as assigned by supervisor or lending officer.
Maintaining knowledge of bank policies, procedures, and operational processes.