Commercial Loan Assistant
2 months ago
Must haves:
A minimum of five years of commercial loan assistant experience is required.
Substantial working knowledge of commercial lending.
Bachelor’s Degree or equivalent combination of education and/or work experience
Job Description
A client of Insight Global is seeking a Commercial Loan Assistant. The Commercial Loan Assistant is responsible for providing administrative and client service support to the Commercial Lenders. The assistant works with the lending team to process commercial loans and assists clients with loan-related questions and issues.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
* Obtains information related to the loan origination process including ordering credit reports, appraisals, preliminary title reports, insurance information, flood certificates, Secretary of State searches and various other items.
* Answers loan customer phone calls and assists customers with routine inquiries regarding payoffs, note modifications, and other loan details.
* Assists in the preparation of disbursement worksheets, loan documentation checklists, and other communications necessary to properly document the loan files.
* Ensures that all loan documentation and customer information is scanned into the core system in a timely manner.
* Ensures that all liens, including deeds of trust and notice of liens are filed in a timely matter to protect the Banks lien on collateral.
* Assists loan officer in ensuring that all loan-related compliance is followed.
* Receives exception tracking report and ensures that outstanding issues regarding title policies, vehicle titles, appraisals, construction inspections, etc. are properly received, documented and cleared from the report.
* Completes clerical tasks such as filing, photocopying, scanning loan files; and,
* Acts as liaison between loan officers and loan documentation and loan operations department.
Compensation:
$23 to $28 per hour salary.
Exact compensation may vary based on several factors, including skills, experience, and education.
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