Retail Loan Processor

CB&S Bank•Russellville, AL

About The Position

Responsible for processing all owner-occupied residential real estate loans, commercial and consumer loans upon approval of a Loan Officer. Orders and assembles all necessary documentation for loan packages to be compliant with all regulations, policies and procedures. Demonstrates an aptitude for banking and exhibits proficiency in all areas of loan documentation. Has an inherent duty and responsibility to follow all policies and procedures regarding loan documentation. Assists Lending Officers in processing loans and correspondence. Types loans, title applications, mortgages, UCCs, other supporting documentation and correspondence for all Loan Officers. Orders and reviews real estate appraisals and title insurance for exceptions regarding mortgage loans. Works with Loan Officers to clear exceptions. Prepares and mails Good Faith Estimates and Advance Truth in Lending Disclosures in accordance with all regulations. Monitors status of documentation and prepares weekly status reports for distribution to loan officers. Prepares real estate loan documentation for loan closings, and closes such loan when necessary. Originates and follows up on mortgage loan files in compliance with all state and federal regulations. Coordinates loan closings with Loan Officers, Customers, and Attorneys. Distributes funds accordingly after a loan closing. Maintains government records on loan files and prepares procedural forms on closed loans. Prepares documentation for mortgage releases. Responsible for the accurate filing of all loan documentation and collateral files. Appropriately logs and files all loan documentation when entering and leaving the department. Assists customers with questions or problems with their loan accounts. Must communicate with auditors from state, federal, and independent agencies. Requires the ability to interact effectively with all levels of bank personnel. Obtains specific goals related to production, quality documentation as described by supervisor.

Requirements

High school graduate or equivalent
Minimum of one year of clerical and loan operations experience.
Minimum of one year experience as a real estate loan secretary, closing agent, or equivalent experience.
Excellent organizational skills and communication skills, both verbal and written.
Demonstrated ability to interact with customers and employees, and listen effectively.
Demonstrated ability to adapt to and use other PC based software packages.
Proven knowledge of loan policies and procedures.
Intimate knowledge of Real Estate Settlement and Procedures Act, Truth in Lending, and Home Mortgage Disclosure Act.

Responsibilities

Process all owner-occupied residential real estate loans, commercial and consumer loans upon approval of a Loan Officer.
Order and assemble all necessary documentation for loan packages to be compliant with all regulations, policies and procedures.
Assist Lending Officers in processing loans and correspondence.
Type loans, title applications, mortgages, UCCs, other supporting documentation and correspondence for all Loan Officers.
Order and review real estate appraisals and title insurance for exceptions regarding mortgage loans.
Work with Loan Officers to clear exceptions.
Prepare and mail Good Faith Estimates and Advance Truth in Lending Disclosures in accordance with all regulations.
Monitor status of documentation and prepare weekly status reports for distribution to loan officers.
Prepare real estate loan documentation for loan closings, and close such loans when necessary.
Originate and follow up on mortgage loan files in compliance with all state and federal regulations.
Coordinate loan closings with Loan Officers, Customers, and Attorneys.
Distribute funds accordingly after a loan closing.
Maintain government records on loan files and prepare procedural forms on closed loans.
Prepare documentation for mortgage releases.
Ensure accurate filing of all loan documentation and collateral files.
Log and file all loan documentation when entering and leaving the department.
Assist customers with questions or problems with their loan accounts.
Communicate with auditors from state, federal, and independent agencies.
Interact effectively with all levels of bank personnel.
Obtain specific goals related to production and quality documentation as described by supervisor.