Loan Processor

HNB National Bank • Cooper Township, MO

5d • Onsite

About The Position

The Loan Processor is responsible for reviewing loan application files to ensure completeness and compliance, initiating credit verification, preparing and typing various loan-related documents, and managing loan records. This role involves direct customer interaction to answer questions and advise on loans, as well as tracking loan statuses and ensuring the security of collateral. The position also includes processing payments, loan maintenance, modifications, and notifications, as well as handling past due notices and escrow if required.

Requirements

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

Nice To Haves

• Prior loan processing and bank teller experience preferred.

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 computer system.
• Assemble and compile documents for loan closings, such as title insurance, insurance forms, loan forms, and tax receipts.
• File and maintain loan records.
• Calculate, review, and correct errors on interest, principal, payment, and closing costs.
• Answer questions and advise customers regarding loans and transactions.
• Track status of loans.
• Ensure security of collateral by filing & renewing appropriate Deeds of Trust, Deeds of Release, UCC's, and Notice of Liens.
• Work with insurance companies to ensure protection against loss of collateral.
• Prepare cash flow projections as directed by loan officer.
• Process rate change notifications.
• Process loan payments.
• Load new loans and loan maintenance in Computer System.
• Prepare loan modifications as directed by loan officer.
• Check loan maintenance, as required.
• Monitor paid off loans, processing releases accordingly.
• Process past due notices and distribute to loan officers.
• Process escrow, if required.

Benefits

• Health
• Dental
• Vision
• Life
• Paid Time Off
• Short Term Disability
• Long Term Disability
• EAP
• Fitness Reimbursement
• 401(k) with employer match.

What This Job Offers

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