Loan Assistant

4 weeks ago


Huntsville, United States Bank of 1889 Full time
Job DescriptionJob Description

Responsibilities/Duties

  • Responsible for communication with customers during the various stages of the loan process.
  • Responsible for communication with customers after loan closing including working collateral exceptions and line credit exceptions.
  • Responsible for reviewing loan application and ensuring that loan has proper approval and information to process.
  • Responsible for preparation of loan documents. This requires an understanding of the loan processing system and basic legal principals.
  • Responsible for preparation of loan disbursement information and obtaining appropriate approval for loan funding.
  • Responsible for typing, loading and funding both Non-Real Estate loans and Real Estate loans.
  • Responsible for booking the loan on the CORE system.
  • Works with lending staff in order to ensure that compliance with laws and regulations are met.
  • Assists in loan operations as needed in other areas which may include file maintenance, research, review of data input etc.
  • Any other duties as designated by management with or without reasonable accommodation.
  • Responsible for typing mortgage modifications when applicable on renewal/extension RE loans.
  • Responsible for sending out all early disclosures and closing disclosures associated with real estate loans as applicable to the loan.
  • May act as closer on loans when Title Company is not handling the closing.
  • Secondary market loans - document preparation as needed, making initial tickets for loan disbursements, closing costs, bank income and loading on CORE system.
  • Responsible for ordering coupon books and balancing.
  • Responsible for maintaining the loan and credit files as stated in loan procedures.
  • Processes payoffs.
  • Handles customer inquiries & payoff quotes.

Required Skills

  • Proficiency in understanding loan documentation.
  • Proficiency and understanding of the loan processing software and CORE system.
  • Proficiency in Word and Excel.
  • Ability to work well with internal personnel and external customers.
  • Ability to represent the bank in a professional manner.
  • Strong organizational skills.
  • Ability to self motivate and manage time.
  • Ability to work with details.
  • Ability to work under pressure in order to meet deadlines.

Required Education

  • High school graduate. Some college or post high-school education preferred.


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