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Commercial Loan Processor
Job in
South Bend, St. Joseph County, Indiana, 46626, USA
Listed on 2026-06-26
Listing for:
Everwise Credit Union
Full Time
position Listed on 2026-06-26
Job specializations:
-
Finance & Banking
Loan Servicing -
Administrative/Clerical
Loan Servicing
Job Description & How to Apply Below
Job Description Position Summary
The Commercial Loan Processor is responsible for processing commercial loans, ensuring compliance with regulatory standards. The incumbent is responsible for management of loan closings and post-closing process and the ongoing loan servicing responsibilities.
Primary Responsibilities and Duties- Order and review due diligence reports according to established guidelines and specific transaction approvals.
- Review and process commercial loan applications. Ensure all applications are complete, accurate, and meet our lending criteria.
- Prepare commercial loan document packages and submit to Sr. Commercial Loan Processor for review and approval prior to proceeding with closing.
- Perfect the credit union's lien on various types of collateral, i.e. filing mortgage, placing lien on titled vehicles, recording UCC financing statements.
- Review final closing documentation for accuracy, and regulatory and policy compliance.
- Update commercial reporting systems with post-closing and on-going servicing information.
- Review and process construction loan draws according to approved procedures.
- Prepare commercial loan pay-off letters and collateral releases promptly and accurately.
- Assists the Senior Commercial Loan Processors
- Assume additional responsibilities as required for the growth and advancement of Everwise.
- Foundation and understanding of commercial lending processes.
- Experience in commercial lending regulations and legal requirements.
- Experience managing documentation process for commercial loans.
- Excellent communication skills and customer service skills.
- High School Diploma or GED
- 1+ years' experience in commercial loan processing, mortgage loan servicing or processing, or title and escrow operations including property title research, documentation and closing coordination
- Experience working in loan processing software
- Proficient in Microsoft Office suite.
Everwise is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
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