Commercial Loan Processor Senior-Hybrid

Job description

Overview The SBA - Commercial Loan Processor Senior is responsible for all aspects of commercial loan and SBA application and servicing processes as well as for resolving potential problems in loan processing and interacting with internal and external parties as necessary. Responsibilities: - Processes commercial and SBA loan packages from loan application to loan closing. - Assembles and maintains applicant’s loan files ensuring completeness using a stacking order checklist. - Corresponds with applicant to gather required financial information for the loan approval process. - Follows up with applicants as to the status of pending loans at least every two weeks. - Prepares loan closing documents for approved commercial/SBA loans including promissory note, deed of trust, business loan agreements, guarantee and other required closing documents to prepare for loan funding. - Maintains open communication with members of the department as to the status of the loan. - Maintains open communication with vendors, appraisers and any other interested parties to the loan transaction. - Orders preliminary title policy, UCC searches, appraisal reports, environmental reports, and other data. - Co...