Research out-of-state title requirements to ensure proper lien placement and complete closing documentation. Maintain strict confidentiality of all member and……
Obtain initial coverage binders or copies of policies from borrowers or insurance agents. Update knowledge and develop professionally on a continuing basis.…
Research out-of-state title requirements to ensure proper lien placement and complete closing documentation. Maintain strict confidentiality of all member and……
Ensure loan and credit files contain documents with proper signature, legal descriptions, closing dates and other relevant data along with compliance with……
At least one year of work experience in the banking or credit union industry. Handling the entire documentation workflow on commercial loans (including real……
Proactively manage a portfolio of commercial mortgage loans by analyzing financial statements and rent rolls to identify potential credit or market risks and……
Assist loan officer with credit and collateral exception tracking. Assist loan officer with the preparation of adverse action notices for denied loans.…
Required Knowledge: Strong knowledge of credit reports and determination of credit worthiness while maximizing productivity and minimizing credit risk.…
Must have working knowledge of Fannie Mae/Freddie Mac and FHA/VA policies and guidelines, as well as, Regulatory Mortgage Compliance, state, federal, local……
Provide customer service to borrowers, lenders, and SBA Portfolio Managers, including answering inquiries related to loan files, account balances, and payoff……
At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state……
Order and review all documentation including, but not limited to, credit reports, appraisals, surveys, title commitments. High school diploma or GED required.…
High school graduate or equivalent certification with 18 months of administrative experience is required. Review provided documents to ensure loan package is……
Builds transaction blocks and/or run necessary entries to complete loan or extension transactions as necessary. Books, funds and pays-off loans.…
Responsible to develop expertise in loan documentation as well as to develop general credit skills commensurate with the position of Loan Processor.…
Responsible to develop expertise in loan documentation as well as to develop general credit skills commensurate with the position of loan processor.…
A valid driver’s license and active vehicle insurance is required at all times. Completes final evaluation and analysis of completed application packages and……
Assists with audits, compliance reviews and independent loan reviews to ensure a satisfactory rating. Assist in developing and implementing departmental goals……
Effectively represent the bank and maintain customer relationships through calls and visits. The Commercial Loan Assistant will work in a team allocated to……
Comply with all federal, state, local, investor, and agency regulations, including Bank Secrecy Act requirements. Register secondary market loans with MERS.…
Review commercial engagement forms and credit memos in order to accurately prepare commercial loan documentation. Bank related courses strongly recommended.…
Process loan documents timely and accurately in accordance with Choice Financial, federal and state laws requirements. Better the places we live.…
Associate’s degree or greater in related field is preferred. Assists in the preparation of loan disbursements and payments, maintaining accurate records……
Maintain an active loan pipeline to ensure key dates and timelines are met, track LOI's received and all corresponding documentation necessary to process loan……
The position demands strong technical knowledge of Loan IQ, a solid understanding of credit agreements, and the ability to manage operational responsibilities……
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About the Role
7 17 Credit Union is seeking a detail-oriented Central Loan Processor to support our lending operations and deliver an excellent member experience. In this position, you will communicate loan decisions, gather required documentation, prepare loan closing packages, and ensure proper and timely disbursal of loan funds. You will also work closely with internal teams, third-party vendors, and members to ensure accurate, compliant, and efficient loan processing.
All positions at 7 17 Credit Union may be assigned additional duties with or without notice.
Key Responsibilities
Primary Duties
Contact members to communicate loan decisions and explain next steps.
Collect additional information required by Underwriters or needed for loan closing.
Assist employees with questions related to lending, closing requirements, and title processing.
Input, verify, and update credit application information accurately.
Prepare and send loan closing documents via remote signature platforms.
Disburse loan funds and complete all required post-closing checklists.
Communicate with third parties (sellers, dealerships, financial institutions) to obtain documents for loan closings.
Review online loan applications for completeness prior to issuing final loan decisions.
Create, review, and audit loan documents to ensure accuracy and compliance with stipulations and underwriting conditions.
Respond promptly and professionally to member inquiries.
Contact members regarding balloon loan refinancing and Visa accounts over their credit limits.
Audit debt protection forms and system programming for accuracy; submit needed corrections.
Research out-of-state title requirements to ensure proper lien placement and complete closing documentation.
Assist with post-closing corrections, including tax adjustments, payoff discrepancies, and title updates.
Use required software applications and post financial transactions accurately.
Meet departmental, individual, and sales-related goals.
Follow Federal and State regulations, Board policies, and credit union procedures.
Secondary Duties
Support loan account setup and maintenance processes, including helpdesk tasks, lending reports, indirect loan funding, GL balancing, draft account balancing, and loan modifications.
Provide backup support to other loan production staff as needed.
Maintain strict confidentiality of all member and credit union information.
Qualifications
Education
High school diploma or equivalent required.
Experience
Minimum 6 months of consumer lending experience within the past 3 years in:
Loan application intake
Loan processing
Loan closing
Underwriting
Loan servicing
Experience must be part of regular daily job responsibilities.
Additional Requirements
Acceptable score on an Excel assessment.
Strong accuracy and thoroughness in transaction processing.
Must obtain State Notary Commission within 90 days of hire.
Knowledge, Skills & Abilities
Strong customer service mindset and team-player attitude.
Professional judgment, appearance, and communication skills.
Excellent attention to detail, resourcefulness, and problem-solving ability.
Strong time management, decision-making, and organizational skills.
Physical & Working Conditions
Regular activities include standing, walking, sitting, reaching, bending, kneeling, talking, hearing, and using hands.
Ability to lift 1–20 lbs up to 5 times per day.
Vision requirements include close and distance vision, color perception, peripheral vision, depth perception, and the ability to adjust focus.
Work performed in a typical office environment.
Reasonable accommodations may be made for individuals with disabilities.
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