Job Description

The Loan Administrator plays a critical role in the lending process by managing loan applications from origination to post-closing. This position ensures that all documentation is complete, accurate, and compliant with regulatory and internal bank guidelines. The Loan Administrator serves as a liaison between borrowers, loan officers, and other stakeholders to facilitate timely and efficient loan approvals and closings. Key Responsibilities

• Review and verify loan application documents for completeness and accuracy. Verify that the lenders credit proposals have proper approval(s) and adhere to the bank’s loan policy.
• Order and track third-party services such as credit reports, flood determinations, appraisals, and title work.
• Communicate with borrowers to gather missing information and provide status updates.
• Ensure compliance with federal, state, and bank lending regulations.
• Prepare loan closing documents and coordinate the loan closing with the title company, lenders, and borrowers.
• Monitor loan pipeline and meet processing deadlines to support timely closings.
• Order inspections, complete draws, and update construction and inspection reports.
• Update exception report tracking (for financial documentation and loan exceptions) and proactively monitor the reports to ensure the exceptions are being resolved in a timely manner, escalated when necessary, and documented according to compliance standards.
• Upload loans post-closing, prepare and run tickets for loan funding and fees.

Schedule- Monday through Friday, 8:30-5:00

Salary- $55k