· Prepares loan application for submission to Underwriting by: · Setting up and maintaining Commercial Real Estate Loan files. · Assuring all required data is ascertained and analyzed. · Entering relevant loan and property information into the loan origination system · Ordering credit report, appraisal, Phase I (if required), and flood certification. · Reviewing file for accuracy and completeness. |
· Process loan applications and facilitating loan closings by interacting both in person and over the telephone with borrowers, attorneys, appraisers, engineers, title companies and brokers. |
· Maintain accurate and current information on all applications by comparing verified information to that originally provided. |
· Maintain and update departmental reports relative to new CRE loan origination as necessary. |
· Resolve problem situations prior to closing by communicating with brokers, borrowers, internal stakeholders and/or attorneys. |
· Respond to inquiries regarding mortgage loans by providing requested information via telephone or in person through use of reference source material. |
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· Participate in compiling relevant information necessary |
· Maintain an efficient flow of work in the Department by word processing and proof reading reports, documents, forms, letters, memos, special projects and photocopying. |
· Process various checks and wires received and analysis of monthly general ledger accounts by comparing departmental records to bank’s general ledger, making changes as required. |
· Ensure that all bills/expenses are promptly paid by initiating vouchers for payment through the accounts payable area. |
· Ensure an organized method of record keeping and recording all departmental material by updating various manuals and setting up and maintaining files for retention. |
· Provide guidance to other departments in the absence of supervisor/manager to ensure a continuous flow of work. |
· Assist in closing CRE loans as needed |
· Assist when necessary by performing other related duties, which may become necessary from time to time. |