Loan Processor

  • location: San Francisco, CA
  • type: Contract
  • salary: $18.68 - $21.68 per hour
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job description

Loan Processor

job summary:
Loan Processor- San Francisco, CA

  • This is a contract role expected to last 6 months
Loan Processor- Job Duties:

  • Reviews and understands credit approval and approval conditions to determine documentation requirements.
  • Reviews supporting documentation to determine entity's ability to enter into loan agreement and pledge collateral, required authorized signers and if the property is located in a flood plain.
  • Works with third party vendors to obtain needed documentation i.e. title, environmental, appraisals, etc.
  • Works with loan officer and/or customer to obtain customer information required by banking regulations and bank policy and/or procedure.
  • Accurately request or prepares closing documentation needed for the specific loan type, structure and collateral being taken.
  • Calculates final payoffs and compiles accurate disbursement information to ensure the bank collects all required fees and the loan is funded correctly.
Job Requirements:

  • Bachelor's degree in business or related field preferred.
  • High School Diploma or GED required
  • Knowledge of basic accounting processes and procedures
  • Basic computer skills including Microsoft Office.
Compensation: $21.68/hr

 
location: San Francisco, California
job type: Contract
salary: $18.68 - 21.68 per hour
work hours: 9 to 5
education: High School
experience: 1 Years
 
responsibilities:
Job Responsibilities: *Reviews and understands credit approval and approval conditions to determine documentation requirements. *Reviews supporting documentation to determine entity?s ability to enter into loan agreement and pledge collateral, required authorized signers and if the property is located in a flood plain. *Works with third party vendors to obtain needed documentation i.e. title, environmental, appraisals, etc. *Work with loan officer and/or customer to obtain customer information required by banking regulations and bank policy and/or procedure. *Accurately request or prepares closing documentation needed for the specific loan type, structure and collateral being taken. *Calculates final payoffs and compiles accurate disbursement information to ensure the bank collects all required fees and the loan is funded correctly. *Files incoming items in the electronic credit file and is responsible for a complete electronic file for examination purposes. *Reviews documentation prepared by government agencies or attorneys to ensure they were prepared per the credit approval. *Ensures collateral is perfected and clears all post-funding tickler items. *Follows for debenture for 504 loans. Prepares required forms to complete the process and negotiates and required modifications with the CDC/SBA. *Receives questions and assists branch personnel and sales representatives regarding loan documentation (i.e. verbiage, titling, disbursements,etc). *Interfaces with sales representatives, outside lending partners, DMV offices and/or title/doc service companies. *Provides additional support to other areas of DCL Operations as required. *Performs other duties as assigned.

 
qualifications:
Click to apply.

 
skills: Analysis
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Qualified applicants in San Francisco with criminal histories will be considered for employment in accordance with the San Francisco Fair Chance Ordinance.

We will consider for employment all qualified Applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.

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    Loan Processor

  • location: San Francisco, CA
  • job type: Contract
  • salary: $18.68 - $21.68 per hour
  • date posted: 6/12/2018