Loan Processor
Process loans for operating expenses, capital expenditures, real estate purchases, and refinances. Demonstrate an entrepreneurial attitude, be results driven, work independently without intense management oversight, and offer recommendations on legal matters pertinent to the loan documents and related collateral filings. Job Duties and Responsibilities
Verify borrower information presented; verify existing loan balances, if any Verify that UCC search and credit report have been requested and reviewed by loan officer Perform complete review of loan information package submitted by loan officer; obtain clarification of any missing/erroneous information; confirm all necessary approvals received If borrower is an entity, request and review all entity organizational documents and minutes appointing officers; determine authorized signatory(ies) Advise management on legal matters pertaining to loan documents and any specifics related to securing the necessary collateral Prepare customized loan documents for each loan transaction Prepare and track Subordination Agreements and/or Intercreditor Agreements, if necessary Track satisfaction of loan terms as they pertain to UCC termination requirements Verify satisfaction of insurance requirements, if any Review signed loan documents to ensure all are fully and correctly signed; verify signatures Prepare and file UCC financing statement documentation, if necessary Prepare amendments and supporting documents, revising loan terms, if necessary Review real estate title documentation, title insurance commitment, real property appraisal; confirm accuracy of real property description; determine who holds title to property; work to resolve open exceptions on title insurance commitment Prepare mortgage document, if necessary Coordinate real estate closings among title insurance company, attorney and borrower Prepare and process documentation for various stabilizer transactions The requirements herein are intended to describe the general nature and level of work performed by employee, but is not a complete list of responsibilities, duties, and skills required. Other duties may be assigned as required
Process loans for operating expenses, capital expenditures, real estate purchases, and refinances. Demonstrate an entrepreneurial attitude, be results driven, work independently without intense management oversight, and offer recommendations on legal matters pertinent to the loan documents and related collateral filings. Job Duties and Responsibilities
Verify borrower information presented; verify existing loan balances, if any Verify that UCC search and credit report have been requested and reviewed by loan officer Perform complete review of loan information package submitted by loan officer; obtain clarification of any missing/erroneous information; confirm all necessary approvals received If borrower is an entity, request and review all entity organizational documents and minutes appointing officers; determine authorized signatory(ies) Advise management on legal matters pertaining to loan documents and any specifics related to securing the necessary collateral Prepare customized loan documents for each loan transaction Prepare and track Subordination Agreements and/or Intercreditor Agreements, if necessary Track satisfaction of loan terms as they pertain to UCC termination requirements Verify satisfaction of insurance requirements, if any Review signed loan documents to ensure all are fully and correctly signed; verify signatures Prepare and file UCC financing statement documentation, if necessary Prepare amendments and supporting documents, revising loan terms, if necessary Review real estate title documentation, title insurance commitment, real property appraisal; confirm accuracy of real property description; determine who holds title to property; work to resolve open exceptions on title insurance commitment Prepare mortgage document, if necessary Coordinate real estate closings among title insurance company, attorney and borrower Prepare and process documentation for various stabilizer transactions The requirements herein are intended to describe the general nature and level of work performed by employee, but is not a complete list of responsibilities, duties, and skills required. Other duties may be assigned as required