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Form of workImmediate need for a talented Loan Processorwith experience in the Banking and FinancialIndustry. This is a 12+ Months Contract opportunity with long-term potential and is located in Richfield, MN. Please review the job description below.
Job ID: 20-23443
Key Requirements and Technology Experience:
- Orders all items necessary for loan file, i.e., insurance, flood certificates, good standings, title policies if necessary.
- Writes correspondence letters to borrowers, escrows/attorneys, title companies, insurance companies, etc.
- Works closely with title and attorneys and escrow companies to close deals efficiently and timely.
- Reviews preliminary title reports/title commitments.
- Prepares loan files for funding and boarding.
- Continually follows-up with Business Developments Officers to ensure clean and efficient loan closings.
- Follows-up with loan officers regarding completeness of loan conditions.
- Coordinates multiple files for closing concurrently, or within a short period of time.
- To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Associate's degree (A.A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience.
- Ability to read and comprehend simple instructions, short correspondence and memos.
- Ability to write simple correspondence and e-mails with proper grammar and sentence structure.
- Ability to add, subtract, multiply, and divide in al units of measure, using whole numbers, common fractions, and decimals.
- Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form.
