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Summary . The Commercial Loan Processor is to ensure timely and accurate processing and packaging of commercial loans and modifications for closings under minimal supervision.
You will be responsible for managing the loan process from loan approval through closing. Input data into the loan system in accordance with all applicable laws and Fahey Bank policies / procedures.
Essential Duties and Responsibilities :
Including deposit requirements into Fahey banking account.
Knowledge, Skills, and Abilities :
Education and Experience
Job Type
Full-time
Benefits :Schedule
Day shift
Ability to Relocate
Columbus, OH 43235 : Relocate before starting work (Required)
Work Location
Hybrid remote in Columbus, OH 43235
Last updated : 2024-06-04
Full Time
Banking
$42k-52k (estimate)
05/25/2024
06/10/2024
faheybank.bank
MARION, OH
25 - 50
1865
CARL HUGHES
$10M - $50M
Banking
Fahey Bank has been known as a trusted community bank since 1865 the same year the Civil War ended. Timothy Fahey established the bank in the back of his general store to meet the needs of his neighbors in Marion, Ohio. Today, Fahey Bank is still rooted in Marion in the same location where Faheys general store once stood. What was built on Faheys vision and entrepreneurial spirit is very much alive today. What started with the promise of a handshake and bank note that could be paid back by farmers at harvest has grown into a bank with more than $150 million in assets. Relationships, communit...y and responsible lending: these are the cornerstones that Tim Fahey put in place to build his bank and they are the same principles that we embrace to this day to build upon that legacy and further distinguish what it means to be a trusted community bank. Focused On Relationships... We believe there is no working relationship more important than the one between our customers and their personal banker. For nearly 150 years, weve helped customers manage and navigate their ongoing financial needs while also planning for their future, whether its for personal accounts or business banking. We take seriously the fact that each customer has entrusted us with the stewardship of their financial assets and look to us for financial wisdom and guidance. When it comes to an individuals hard earned money, we believe the business of banking is highly personal and must be more than transactional. It needs to be rooted in relationship. This is why we make a point to become fully invested in each of our customers, getting to know them and their goals so we can achieve them together.
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The job skills required for Loan processor include Underwriting, Loan Processing, Commitment, Time Management, Products and Services, Initiative, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan processor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan processor. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan processor positions, which can be used as a reference in future career path planning. As a Loan processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan processor. You can explore the career advancement for a Loan processor below and select your interested title to get hiring information.
If you are interested in becoming a Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Processor for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Processor job description and responsibilities
A loan processor reviews loan applications before sending them to the underwriter for approval.
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A loan processor will constantly work with computers and other electronic devices.
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Loan officers evaluate, authorize, or recommend approval of loan applications.
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Loan processors have to request additional documentation that may not be readily available for an applicant, like bank statements from several months ago or past years’ tax documents.
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Not only do loan processors collect and organize all of the loan documents, but they also order and organize various third-party requirements.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Processor jobs
Analyze applicant's financial status, credit, and property evaluation to determine the feasibility of granting the loan.
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Analyze potential loan markets to develop prospects for future loans.
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Approve the loan within specified time limits.
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Communicate With Current and Potential Customers.
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The most common types of unsecured loan are credit cards, student loans, and personal loans.
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Step 3: View the best colleges and universities for Loan Processor.