Loan Processor Needed in San Diego (Commercial Real Estate)

Location: Escondido, CA
Date Posted: 11-07-2017
Location: San Diego, CA
Contract Position
Start Date ASAP


A Sr. Loan Administrator facilitates and administers processing and closing of complex commercial real estate loans necessary to support the relationship management of the commercial lending origination department.    Senior Processor works with loan processors, loan officers, customers, and other departments, assuring consistent communications in a professional, timely manner.  Position supports the real estate lending team.
 RESPONSIBILITIES:   
  • Timely and thorough timely origination, administration and renewal of Bank’s Commercial Real Estate Industries Group from application through funding in accordance with bank policy and federal regulations.  Loan types include acquisition, construction and permanent financing.
  • Understand construction cost breakdowns for inclusion in loan document preparation 
  • Loan file set up, organization and maintenance.
  • Assist loan officers in gathering information from clients or outside vendors.
  • Order and review title reports, escrow instructions, UCC searches, flood certifications. Understand legal entity structures and required documentation; ensure appropriate entity formation documents are received and approved.
  • Order and review loan documents in accordance with approved terms, conditions and bank policy. Perform document sign up as necessary.
  • Monitor monthly certifications as assigned.
  • Follow up for receipt and completion of all information as assigned.
  • Reporting and Compliance with applicable regulations including Reg B, Reg Z, HMDA.
  • Coordinate funding with escrow, loan officer, Title Company, borrower, etc.
  • Obtain and review any necessary information to prepare worksheet (entity docs, property insurance, flood insurance certification, preliminary title reports from title insurance, ordering appraisals, coordinate opening of escrow for closing of loan. etc.)
  • Complete error- free funding’s.
  • Work with Loan Servicing department for the accurate and timely bookings of new loans. Accurately calculate and collect funding to close loans Monitor and resolve Accounts Payable and Receivable for all loans.
  • Timely and accurate pipeline report maintenance.
 
POSITION REQUIREMENTS:
  • 5+ years Commercial Real Estate and or Construction Loan Processing experience.
  • Proficient PC skills including MS Word and Excel.
  • Working knowledge of loan accounting and servicing systems.
  • Exposure to Windows based document drafting systems.
  • Ability to meet deadlines
  • Ability to handle a high volume of work, quickly and accurately.
  • Ability to work in a team environment
  • Strong communication and organizational skills
Please send resume to eric.derise@jba.com
or
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