What are the responsibilities and job description for the Commercial Loan Processor position at Extension, Inc?
Extension is seeking a Commercial Loan Processor for a Contract-to-Hire or Direct Hire opportunity with one of our clients located in West Allis, Wisconsin.
About Our Client
- Well-established, community-focused local bank with a strong reputation for customer service and relationship banking.
- Experiencing significant growth and currently doubling in size, creating exciting opportunities for career advancement.
- Collaborative, team-oriented environment that values employee contributions and celebrates success.
- Stable organization with a strong commercial lending portfolio, primarily focused on Commercial Real Estate (CRE) lending.
- Comprehensive benefits package available, including medical, dental, vision, 401(k) match, tuition reimbursement, paid time off, and more for eligible employees.
Key Objectives / Role Responsibilities
- Process commercial loan files from approval through closing, ensuring accuracy, completeness, and compliance with bank policies and regulations.
- Prepare and review commercial loan documentation utilizing LaserPro and other banking systems.
- Coordinate third-party requirements including title commitments, appraisals, surveys, lien searches, credit reports, insurance documentation, and environmental assessments.
- Review underwriting packages and identify missing documentation needed to successfully close commercial loan transactions.
- Manage loan closings, disbursements, wires, payoffs, cashier's checks, and collateral documentation.
- Maintain communication with loan officers, customers, vendors, title companies, and internal departments throughout the lending process.
- Assist with post-closing documentation and collateral coordination activities.
- Provide occasional receptionist support for the Loan Servicing department.
Desired Skills & Qualifications
- Minimum 3 years of Commercial Loan Processing experience.
- 3 years of LaserPro experience required and considered the top priority for this role.
- Proven experience processing and closing commercial loans from start to finish.
- Strong knowledge of commercial loan documentation, compliance requirements, and entity documentation.
Salary Information
- $25.00 - $32.00 per hour
- Potential for long-term career growth within a rapidly expanding organization
We’re looking forward to connecting with you and are excited to help you make your next career move!
Salary : $25 - $32