Find the job you have been looking for!

Start Here

Retail Loan Processor

Edwardsville, IL 62025

Post Date: 04/25/18 Job ID: 44927 Industry: Loan Clerks

This client has been around for almost 150 years providing a variety of services to its customers; such as commercial/personal banking, mortgage lending, and wealth management! Currently, they are looking to add a Retail Loan Processor to the team to assist all managers, lenders, and personal bankers with processing, funding, and booking retail and small commercial loans.

Position: Contract OR Contract-to-Hire

Location: Edwardsville, IL

Hours: Monday-Friday; 8: 00 a.M.- 5: 00 p.M.

Pay: DOE

Similar positions: Commercial Loan Processor, Retail Loan Administrator, Loan Processor

Responsibilities of the Retail Loan Processor:
  • Prepare preliminary and final loan closing packets for all loans
  • Ensure loans are compliant and follow loan policy guidelines
  • Follow up on flood, title & appraisal vendors to ensure loan closes in a timely fashion
  • Analyze customer financial data to ensure Ability to Repay requirements
  • Ensure each phase of loan processing is completed and adhere to timing requirements
  • Review and ensure loan documentation is completed; including, UCC filings, vehicle title applications, mortgage/deed recording, life insurance/investment acknowledgements, and internal accounts

Requirements of the Retail Loan Processor:
  • High School Diploma or GED required
  • Must have 1-3 years of experience in loan related area
  • Understands how to calculate interest, loan-to-value, and debit-to-income ratios
  • Ability to analyze credit reports and other financial data
  • Strong knowledge of nCino Loan Operating Systems and LaserPro Origination & Processing Documentation System preferred
  • Ability to meet background and drug screen requirements

Not ready to apply?

Send an email reminder to:

Share This Job:

Related Jobs: