Perform a Variety of Loan Processing Duties:
· Assist with obtaining required information for loan applicants regarding appraisals, credit reports, title work, payoffs/subordinations, flood certification, tax transcripts, homeowner’s insurance, and any other pertinent information necessary for the loan file
· Process and verify documents received for loans and update files/systems per the information
· Input and update required customer information into loan origination software
· Upload loans from loan origination software
· Assist with preparing closing documents or requests
· Assist post-closing with follow up on missing or incorrect documentation when needed
· Answer questions from loan officers and customers pertaining to loans in process, potential loan requests, and general information
· Completes and prints appropriate disclosures for all loan applications, and works with loan officer to deliver in timely fashion to applicant
· Assist loan officer in requesting and following up on missing documentation
· Assist in arranging/coordinating loan closings with lender, title closer, loan officer, borrowers, and realtors
· Gather and deliver appropriate documentation to compliance department for tracking and reporting
· Perform any other duties as requested by management to assist other departments, as necessary
· Follow up on receipt of final title policies and recorded mortgages and deliver to final lender
· Scan/upload documents into archive system
· Track insurance to ensure collateral has coverage
· Prepare/provide monthly reporting to the SBA for qualifying SBA loans
· Check loan documentation uploaded into the core system to ensure accuracy
· Release collateral when loan is paid off & send correspondence to customer
· Pay invoices associated with closed loans
· Assist with escrow loans, process insurance & tax disbursements and conduct annual analysis
· Serve as back up for other functions in the department
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Physical setting:
Schedule:
- 8 hour shift
- Monday to Friday
Ability to Relocate:
- Delano, MN 55328: Relocate before starting work (Required)
Work Location: In person