Loan Processing Specialist

7 days ago


Sioux City, Iowa, United States Primebank Full time

Job Title: Loan Processing Specialist


Company Overview: At Primebank, we're committed to providing exceptional financial services to our customers. As a Loan Processing Specialist, you'll play a crucial role in ensuring the smooth processing of commercial loans.
Job Summary: We're seeking an experienced Loan Processing Specialist to join our team in Sioux City. The ideal candidate will have a strong background in loan document preparation, commercial mortgage processing functions, and excellent customer service skills.
Key Responsibilities:
  • Prepare commercial loan documentation, including preparing loan documentation requests for employment and deposit verifications.
  • Assist lenders and originators with processing and closing of all types of loans.
  • Order flood certifications and monitor loan files for completeness, insurance coverage, and annual review.
  • Monitor loan servicing reports and procedures, and assist customers with loan transactions (payments and advances).
  • Provide support for other credit administrators and answer loan department telephone calls regarding loan status and interest rate inquiries.

Requirements: To be successful as a Loan Processing Specialist, you'll need:
  • A bachelor's degree in a related field or equivalent combination of education and experience.
  • At least 3 years of loan processing experience, specifically loan document preparation, preferred.
  • Knowledge of commercial and/or residential mortgage processing functions.
  • Strong attention to detail and accuracy, successful customer service background, excellent verbal and written communication skills, and proficiency with Microsoft Office Suite software.

Estimated Salary: Based on industry standards and national averages, the estimated salary range for this position is $60,000-$80,000 per annum, depending on qualifications and experience.
Benefits: As a valued member of our team, you'll enjoy a comprehensive benefits package, including health insurance, retirement plans, and paid time off.
About Us: Primebank is a leading financial institution dedicated to providing personalized banking services to our customers. With a commitment to excellence and community involvement, we're proud to be a part of the Sioux City area.

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