Posted: Mar 31, 2025

Commercial Loan Processor / Loan Specialist

Full-time
Salary: $17.00 - $20.00 Hourly
Application Deadline: Apr 30, 2025
Real Estate
Key Responsibilities:
    • Gathering and Verifying Information:
      • Collecting and verifying borrower information, including financial data, employment history, and assets.
      • Obtaining and reviewing documentation such as pay stubs, bank statements, and tax returns.
      • Ensuring all documentation is complete and accurate.
  • Loan Application Processing:
     
  • Preparing loan applications and ensuring they are accurate and complete.
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  • Reviewing loan applications for completeness and accuracy.
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  • Ensuring compliance with company lending policies and state and federal regulations.
  • Communication and Coordination:
     
  • Communicating with borrowers, real estate agents, and other stakeholders throughout the loan process.
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  • Following up with borrowers to obtain missing documentation or clarify information.
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  • Working with underwriters to address any questions or concerns regarding the loan application.
  • File Management:
     
  • Maintaining accurate and organized loan files.
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  • Ensuring all required documentation is included in the loan file.
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  • Tracking the status of loan applications and ensuring they are processed in a timely manner.
  • Other Duties:
     
  • Assisting with loan closings.
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  • Calculating closing costs and providing good faith estimates.
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  • Ordering and checking credit reports.
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  • Requesting and evaluating real estate appraisals.