JobMesh

SBA Business Loan Closing Coordinator, Sr.

Huntington National Bank · Bay City, Michigan, US

Description Summary: The SBA Business Loan Closing Coordinator processes government guaranteed business loans in preparation for closing within expected serv...

Job description

Description Summary: The SBA Business Loan Closing Coordinator processes government guaranteed business loans in preparation for closing within expected service levels. Duties and Responsibilities: - Obtains all necessary collateral reports and information required to meet the terms and conditions of credit approval and of government agency requirements. - Works with UCC secured, titled collateral, commercial real estate, construction, refinance and business acquisitions. - Prepares all documentation necessary to properly close and document government guaranteed business loans. - Ensures loans are closed, documented and disbursed in compliance with SBA/USDA regulations. - Ensures proper loan and collateral documentation by staying abreast of and interpreting various laws, regulations, policies and procedures of loan documentation. - Monitors and sometimes directs monetary disbursements as well as involvement in post-closing quality control. - Performs other duties as assigned. Basic Qualifications: - High School Diploma or GED - Minimum of 1 year of business loan doc prep, analysis, document review and/or quality review Preferred Qualifications: Exempt Status: (Yes = not eligible f...