Commercial Mortgage Loan Processor

The estimated salary for this position is $53,199-$66,485/Annually.

• Prepares loan application for submission to Underwriting by:
• Setting up and maintaining Commercial Real Estate Loan files.
• Assuring all required data is ascertained and analyzed.
• Entering relevant loan and property information into the loan origination system
• Ordering credit report, appraisal, Phase I (if required), and flood certification.
• Reviewing file for accuracy and completeness.
• Process loan applications and facilitating loan closings by interacting both in person and over the telephone with borrowers, attorneys, appraisers, engineers, title companies and brokers.
• Maintain accurate and current information on all applications by comparing verified information to that originally provided.
• Maintain and update departmental reports relative to new CRE loan origination as necessary.
• Resolve problem situations prior to closing by communicating with brokers, borrowers, internal stakeholders and/or attorneys.
• Respond to inquiries regarding mortgage loans by providing requested information via telephone or in person through use of reference source material.
• Participate in compiling relevant information necessary
• Maintain an efficient flow of work in the Department by word processing and proof reading reports, documents, forms, letters, memos, special projects and photocopying.
• Process various checks and wires received and analysis of monthly general ledger accounts by comparing departmental records to bank’s general ledger, making changes as required.
• Ensure that all bills/expenses are promptly paid by initiating vouchers for payment through the accounts payable area.
• Ensure an organized method of record keeping and recording all departmental material by updating various manuals and setting up and maintaining files for retention.
• Provide guidance to other departments in the absence of supervisor/manager to ensure a continuous flow of work.
• Assist in closing CRE loans as needed
• Assist when necessary by performing other related duties, which may become necessary from time to time.

• Minimum of two (2) years experience in the financial service industry, equivalent to two (2) years of college.
• Minimum of one (1) year real estate experience.
• Ability to work with a PC, including Microsoft Word and Excel.
• Strong typing, math and organizational skills.
• Good written and oral communication skills.
• Demonstrated ability to multitask effectively.

Equal Opportunity Employer
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