Mortgage Loan Processor

Qualifications

You're someone who wants to manage and be

Responsibilities

responsible for taking a file through post-closing The position is responsible for the preparation,

accuracy, and completeness of commercial loan

Three or more years of experience in commercial real estate loan document preparation and/or document processing

packages, using the Bank's documentation system and procedures

The candidate will be processing and preparing

Understanding of the required documentation for commercial Mortgage Loan products, as assigned commercial mortgage term loans and lines of

credit and the associated collateral documentation

Ability to prioritize work on complex loan transactions to meet scheduled loan closing dates

Knowledge of compliance regulations and applicable laws - federal, state and local requirements relative to commercial real estate mortgages

Knowledge of Bank lending policies

Highly accurate data entry skills and a strong level of skill working with a variety of PC and internet applications, Excel, Word, and the ability to navigate key industry-specific Internet sites

Strong multi-tasking, time management, reading comprehension, thoroughness, and accuracy skills required

Solid communication and organizational skills with a focus on teamwork and cooperation

A high level of confidentiality is required

Processing commercial Mortgage Loan requests for both new and renewal loans using prescribed procedures and software

Preparing all necessary loan documents including Note, Mortgage, Assignment of Rents, Personal Guarantees, Disbursement Request and Authorization, Resolutions, and Loan Checklist using information from the loan application, profile, and title policy. Additional documents include input sheets used to set up the loan in the core processing system as well as journal vouchers to be booked and posted post-closing

Review and obtain an understanding of the loan transaction from the Loan Presentation

Reviewing credit files and determining additional documentation needs to support underwriting requirements, such as entity papers, credit reports, purchase contracts, lien searches, title work, appraisal or evaluation, environmental questionnaire, survey, and property liability insurance

Ordering supporting documentation from approved vendors and working with loan officers or customers as needed

Ability to work under deadlines with frequent interruption

Please send resumes to:

Bonnie J. Carney Senior Vice President

bcarney@centralsavings.com

Loan processing includes entering the loan into loan software and working with the loan officer, brokers, attorneys and title company to move the

approved credit to close

Communicating results of documentation review and any processing issues to the loan officer on a timely basis

Balancing transactions and posting journal vouchers and cashier's checks for disbursement, as well as loan input documents; input HMDA LAR as necessary

Obtaining, confirming and preparing wire transfer forms, and obtaining authorization for wires relative to loan proceeds

Processing loan file post-closing, including preparation and delivery of instructions and the closing packet to the title company if needed. Scan completed loan documents after reviewing final Lender's Title Policy for completeness, and assemble loan file.

Assisting with additional loan operation roles, as requested or necessary, especially processing insurance renewals and cancellations and paying premiums

Benefits

The opportunity has a full benefits package including insurance, paid vacation and sick leave, food available in our kitchen at no charge, free parking on site, and a 401k plan that does not require any employee contributions

Job Type: Full-time

Pay: $50,000.00 - $60,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person