Commercial Loan Processor
Lapeer, MI 48446 | Administrative Support
Prepare all Commercial Loan documentation, input loans to the system, and perform all loan maintenance and customer service for loan customers.
Responsibilities (Essential Functions)
- Prepare Commercial Loan documents, including, but not limited to: Mortgages, Notes, Security Agreements, UCC filings, Fixture filings, Lien placements, and various assignments.
- Processes paid out loans and prepare documentation to release collateral.
- Track insurance cancellations and follow up on insurance requirements for loans.
- Perform clerical support duties for Commercial Loan department, including filing, word processing, and telephone duties.
- Process loans and prepare files after loan closings.
- Process customer transactions.
- Adhere to all compliance laws and regulations.
- Other duties as assigned by supervisor.
High school diploma
Knowledge, Skills, and Abilities:
- Knowledge of commercial loan documentation and collateral perfection
- Excellent oral and written communication skills
- Excellent organizational skills
- Accurate typing skills exceeding 35 wpm
- Ability to calculate interest accruals, loan to value ratios, and other lending functions
- Ability to operate a PC using Windows and Microsoft Office