Loan Processor

HNB National Bank • Bowling Green, MO

2d

About The Position

The Loan Processor reviews and processes loan applications and related records, verifies application completeness and compliance, initiates credit verification, and coordinates title insurance and appraisal orders. The role prepares and assembles loan, closing, and legal documents; maintains loan files; tracks loan status; and calculates, reviews, and corrects loan and closing figures. The Loan Processor also answers customer questions, supports loan officers with directed tasks, processes loan payments and maintenance, and performs teller duties as needed.

Requirements

• High school diploma or equivalent.
• Cash handling experience.
• Basic computer skills.

Nice To Haves

• Prior loan processing experience.
• Prior bank teller experience.

Responsibilities

• Review loan application files to verify that application data is complete and meets establishment compliance standards.
• Initiate credit verification.
• Type and mail adverse action notices to applicants.
• Initiate title insurance and appraisal orders.
• Prepare and type loan applications, closing documents, legal documents, letters, forms, and checks using the computer system.
• Assemble and compile documents for loan closings, including title insurance, insurance forms, loan forms, and tax receipts.
• File and maintain loan records.
• Calculate, review, and correct errors involving interest, principal, payments, and closing costs.
• Answer questions and advise customers regarding loans and transactions.
• Track the status of loans.
• Secure collateral by filing and renewing appropriate Deeds of Trust, Deeds of Release, UCCs, and Notices of Liens.
• Work with insurance companies to ensure protection against loss of collateral.
• Prepare cash flow projections as directed by the loan officer.
• Process rate change notifications.
• Process loan payments.
• Load new loans and perform loan maintenance in the computer system.
• Prepare loan modifications as directed by the loan officer.
• Check loan maintenance as required.
• Monitor paid-off loans and process releases accordingly.
• Process past-due notices and distribute them to loan officers.
• Process escrow, if required.
• Perform teller duties as needed.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Paid time off
• Short-term disability
• Long-term disability
• Employee Assistance Program (EAP)
• Fitness reimbursement
• 401(k) with employer match

What This Job Offers

• Job Type: Full-time
• Education Level: High school or GED