Responsibilities include, but are not limited to: * Assist Lenders in procuring documentation and information essential to loan application processing and ongoing portfolio management.
* Review approval for accuracy, and coordinate revisions, as necessary.
* Assist lenders with providing superior customer service to existing customers by resolving issues and providing accurate and timely information.
* Engage Attorney or Doc Prep to prepare documents for closing.
* Collect due diligence needed to close loans in accordance with approval.
* Act as liaison with attorneys and lenders and coordinate closing dates.
* Obtain all necessary Insurances and ensure sufficient coverage requirements are met prior to closing.
* Responsible for upholding and enforcing all stated Bank policies.
* Process loan payments, draws on lines of credit, payoffs and credit advances.
* Monitor pipeline reports to ensure timely closings.
* Carefully review loan documents for closing to ensure accuracy, close loans when necessary.
* Review Title Commitment and Final Title Policy for accuracy.
* Clear any documentation exceptions.
* Communicate with Lenders any issues that arise prior to closing.
* Order items necessary to complete the file.
* Prepare Commitment Letters when required.
* Disburse loan proceeds at closing.
* Prepare booking packages post-closing.
* Implement new procedures in accordance with policy changes.