Loan Processor I - Key Responsibilities:
Assist with all aspects of documenting loans in accordance with policies, procedures, laws, and regulations
Process loan applications as requested by lenders
Gather and organize data needed to complete loan files
Enter loan information and create loan closing packages in the loan system
Prepare and collect required legal documents
Record mortgage documents, UCC/EFS financing statements, and other collateral records
Complete files for denied or withdrawn loans
Assist attorneys and paralegals during the loan closing process
Obtain required third-party items such as insurance, appraisals, flood determinations, and title work
Assist with HMDA determinations and follow up on pending loan items
Manage ticklers and track outstanding documentation
Organize and maintain loan files according to procedures
Process paid-off loans and ensure collateral release is completed
Provide support to lenders and staff by answering questions on policies, procedures, and systems
Prepare documentation for renewals, modifications, and file maintenance
Process third-party invoices and coordinate with Accounts Payable
Work with internal departments to ensure smooth workflow and communication
Respond to inquiries from staff and customers in a timely manner
Perform other related duties as assigned