What are the responsibilities and job description for the LOAN PROCESSOR position at Gulf Coast Bank?
Summary:
The Loan Processor is responsible for the preparation of loan files, as well as providing assistance to the Loan Officers, their Assistants and Bank customers in the processing of various type of loans.
Primary Responsibilities:
- Utilize LaserPro program for entry of all customer documents regarding loans
- Handle communications with attorney and/or their representatives regarding loan estimate and closing disclosure statement to ensure compliance with federal lending regulations
- Responsible for communicating with various federal agencies such as Clerk of Court, DMV, Wildlife & Fisheries offices regarding filing of mortgages, titles of vehicles, calculation of fees, and other related correspondence and documents for loans
- Input and updating of customer loan data in all bank computers systems to include LaserPro, Core, GSS, etc.
- Review active loan files daily to determine if any documents are missing and/or what can be done to help the process along
- Maintenance of escrow accounts to include review of statements for accuracy, insurance premiums, taxes. Also handles correspondence and questions from customers regarding Escrow accounts
- Prepare all correspondence to customers as required to support the loan process
- Input payments and compile reports related to Credit, Life, Accident and health insurance required for loans
- Review and update loan maintenance logs
- Perform and assist with clerical duties as assigned to ensure the loan functions of the Bank are performed efficiently and effectively
- Aid bank branches with issues with LaserPro and transactions as necessary
Processes TRID loans (Consumer Real Estate)
Processes incoming and outgoing wires
Performs other duties and responsibilities as assigned by management, including a rotation of departmental duties (i.e. lockbox, rejects, closing duties)
Required Skills/Abilities:
- Strong communication skills with ability to interact with different personalities while maintain professionalism
- Detail oriented and analytical skills required for preparation and review of all documents
- Strong work ethic, along with high level of integrity and ability to handle information and issues confidentially
- Ability to understand, write and review legal loan documents
- Strong computer skills, along with ability to adapt to new computer programs
Education and Experience:
- High School Diploma or equivalent required / College Degree a plus
- Banking and/or legal experience a plus
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.