Prepares loan modification documents by reviewing the existing transactions to appropriately document a modification consistent with the Bank's credit policy. Discusses issues with department manager ...
Prepares loan modification documents by reviewing the existing transactions to appropriately document a modification consistent with the Bank's credit policy. Discusses issues with department manager ...
Prepares loan modification documents by reviewing the existing transactions to appropriately document a modification consistent with the Bank's credit policy. Discusses issues with department manager ...
Prepares loan modification documents by reviewing the existing transactions to appropriately document a modification consistent with the Bank's credit policy. Discusses issues with department manager ...
Oversee the preparation and processing of loan modification agreements for maturity date extensions, ensuring accuracy and compliance. * Oversee the preparation and processing of closing orders to ...
Oversee the preparation and processing of loan modification agreements for maturity date extensions, ensuring accuracy and compliance. * Oversee the preparation and processing of closing orders to ...
Reviews daily and monthly system generated reports for accuracy (new loans, modification, loan renewals, payment exception reports, participations, etc.) * Weekly reviews the insurance exception ...
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Reviews daily and monthly system generated reports for accuracy (new loans, modification, loan renewals, payment exception reports, participations, etc.) * Weekly reviews the insurance exception ...
Reviews daily and monthly system generated reports for accuracy (new loans, modification, loan renewals, payment exception reports, participations, etc.) * Weekly reviews the insurance exception ...
Quick apply
Reviews daily and monthly system generated reports for accuracy (new loans, modification, loan renewals, payment exception reports, participations, etc.) * Weekly reviews the insurance exception ...
MOTIONS Processor
Delray Beach, FL · On-site
Purpose Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims ...
Quick apply
MOTIONS Processor
Delray Beach, FL · On-site
Purpose Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Commercial Underwriter II
Orlando, FL · On-site
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Commercial Underwriter II
Orlando, FL · On-site
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Commercial Underwriter II
Stuart, FL · On-site
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Commercial Underwriter II
Stuart, FL · On-site
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Our experience in processing loan modifications has placed us in the top 1% of modification company's in the nation with a 95% success ratio. Our processing staff are experts in knowing the ...
Our experience in processing loan modifications has placed us in the top 1% of modification company's in the nation with a 95% success ratio. Our processing staff are experts in knowing the ...
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Quick apply
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Commercial Underwriter II
Boca Raton, FL · On-site
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Commercial Underwriter II
Boca Raton, FL · On-site
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Commercial Underwriter II
Sarasota, FL · On-site
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Quick apply
Commercial Underwriter II
Sarasota, FL · On-site
... a loan modification. Investigate all available sources of credit and financial information including reporting services, credit bureaus, and other companies for trade references. Understand the ...
Loan Modification information
See Florida salary details
$10.24 - $11.40
5% of jobs
$11.40 - $12.56
9% of jobs
$13.50 is the 25th percentile. Wages below this are outliers.
$12.56 - $13.72
13% of jobs
$13.72 - $14.88
20% of jobs
The median wage is $15.07 / hr.
$14.88 - $16.04
16% of jobs
$16.04 - $17.20
9% of jobs
$17.52 is the 75th percentile. Wages above this are outliers.
$17.20 - $18.36
8% of jobs
$18.36 - $19.51
6% of jobs
$19.51 - $20.67
5% of jobs
$20.67 - $21.83
5% of jobs
$21.83 - $22.99
2% of jobs
$10
$15
$22
How much do loan modification jobs pay per hour?
As of Aug 6, 2026, the average hourly pay for loan modification in Florida is $15.92, according to ZipRecruiter salary data. Most workers in this role earn between $13.46 and $17.98 per hour, depending on experience, location, and employer.
What is a loan modification?
A loan modification is a change made to the terms of an existing loan by a lender, usually to help a borrower who is struggling to make payments. This process can involve reducing the interest rate, extending the length of the loan, or changing the type of loan. The goal is to make the monthly payments more affordable for the borrower while allowing the lender to avoid foreclosure. Loan modifications are common in cases of financial hardship and are often used for mortgages.
What are some common challenges faced by loan modification specialists, and how can they be addressed?
Loan Modification Specialists often navigate complex borrower situations, tight regulatory requirements, and strict deadlines. A major challenge is balancing the needs of distressed borrowers with lender policies while ensuring compliance with relevant laws. Developing strong communication skills, staying updated on industry regulations, and leveraging internal resources or team expertise can help overcome these challenges. Building rapport with borrowers and collaborating closely with underwriters and legal teams also streamlines the process and leads to better outcomes.
What is the difference between Loan Modification vs Loan Processor?
| Aspect | Loan Modification | Loan Processor |
|---|---|---|
| Primary Role | Negotiate and modify existing loan terms to assist borrowers | Evaluate, process, and verify loan applications for approval |
| Required Credentials | Knowledge of loan programs, financial analysis, sometimes licensing | Knowledge of lending policies, credit analysis, often licensing |
| Work Environment | Office-based, financial institutions, borrower interaction | Office-based, financial institutions, document review |
| Industry Usage | Financial services, mortgage companies | Mortgage lenders, banks |
While both roles operate within the mortgage and lending industry, a Loan Modification specialist focuses on renegotiating existing loans to help borrowers avoid foreclosure, whereas a Loan Processor handles the initial application review and approval process. Understanding these differences helps borrowers and employers identify the right professional for their needs.
What are popular job titles related to Loan Modification jobs in Florida? For Loan Modification jobs in Florida, the most frequently searched job titles are:
What job categories do people searching Loan Modification jobs in Florida look for? The top searched job categories for Loan Modification jobs in Florida are:
What cities in Florida are hiring for Loan Modification jobs? Cities in Florida with the most Loan Modification job openings:
Commercial Closing Officer - Commercial Banking Admin FLA
Fort Lauderdale, FL • On-site
Full-time
Re-posted 23 days ago
WesBanco rating
7.4
Based on 14 frontline employees who took The Breakroom Quiz
108th of 170 rated banks
Job description
SUMMARY:
Responsible for the integrity of the loan closing, due diligence, documentation, loan booking and closing files for assigned customers and Commercial loans. This includes ensuring that the loan structure and terms conform to the credit approval and bank policies, the requirements to close are in place, and identify and appropriately mitigate exceptions. This position requires a thorough knowledge of policies and procedures as they relate to the commercial lending function.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Practices the standards of the Bank's Mission, Vision, and Pledge.
Orders, obtains and reviews documents, in conjunction with the Commercial Associate Banker, relating to the due diligence process in order to identify and report deficiencies such as title commitments, flood determinations, hazard and flood insurance, UCC searches and other pre-closing items
Assists in the collection and preparation of appropriate data, including information obtained from internal sources as well as from other lending institutions, trade and credit associations. This includes data required to be collected from loan applicants by banking regulation.
Ensures that all required information has been obtained and coordinates efforts to move the loan through the loan origination process.
Coordinates closing portfolio for Commercial loans while managing sound risk and credit management practices that are consistent with the Bank's Credit Policy.
Reviews loan documents and work with outside counsel to ensure all required documents are complete and accurate.
Ascertains that all necessary documentation has been gathered and completed and all preconditions to closing have been met prior to closing.
Performs commercial loan documentation activities, including the preparation of LaserPro and other closing documents according to department standards and ensuring all terms and conditions are incorporated.
Prepares loan modification documents by reviewing the existing transactions to appropriately document a modification consistent with the Bank's credit policy.
Discusses issues with department manager or legal counsel to develop strategies and/or solutions.
Performs other duties as assigned.
OTHER REQUIREMENTS:
Banking is a highly regulated industry and you will be expected to acquire and maintain a proficiency in the Bank's policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing. You will also be expected to complete all assigned compliance training in a timely manner.
Ability to coordinate and/or manage multiple tasks in various stages is imperative.
Good time management skills.
Willingness to provide a level of service which will clearly differentiate us from our competitors.
Professional demeanor in appearance, interpersonal relations, work ethic and attitude.
Possess clear, concise, effective written and oral communication skills to effectively express thoughts, ideas and concepts to bank employees and bank customers.
Ability to work with others in a team environment and under occasional time constraints is a necessity.
Employee must be willing to learn, understand and promote Bank products and services.
Ability to maintain confidentiality is required.
Ability to utilize Microsoft Office software.
Prior experience with LaserPro or similar loan documentation software a plus.
Experience with Capitalstream a plus.
High School Diploma or GED required.
Associate's Degree in Business Administration preferred.
Previous office related experience required.
Minimum of two years relevant banking experience preferred.
Experience with commercial lending systems and loan documentation a plus.
Responsible for the integrity of the loan closing, due diligence, documentation, loan booking and closing files for assigned customers and Commercial loans. This includes ensuring that the loan structure and terms conform to the credit approval and bank policies, the requirements to close are in place, and identify and appropriately mitigate exceptions. This position requires a thorough knowledge of policies and procedures as they relate to the commercial lending function.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Practices the standards of the Bank's Mission, Vision, and Pledge.
Orders, obtains and reviews documents, in conjunction with the Commercial Associate Banker, relating to the due diligence process in order to identify and report deficiencies such as title commitments, flood determinations, hazard and flood insurance, UCC searches and other pre-closing items
Assists in the collection and preparation of appropriate data, including information obtained from internal sources as well as from other lending institutions, trade and credit associations. This includes data required to be collected from loan applicants by banking regulation.
Ensures that all required information has been obtained and coordinates efforts to move the loan through the loan origination process.
Coordinates closing portfolio for Commercial loans while managing sound risk and credit management practices that are consistent with the Bank's Credit Policy.
Reviews loan documents and work with outside counsel to ensure all required documents are complete and accurate.
Ascertains that all necessary documentation has been gathered and completed and all preconditions to closing have been met prior to closing.
Performs commercial loan documentation activities, including the preparation of LaserPro and other closing documents according to department standards and ensuring all terms and conditions are incorporated.
Prepares loan modification documents by reviewing the existing transactions to appropriately document a modification consistent with the Bank's credit policy.
Discusses issues with department manager or legal counsel to develop strategies and/or solutions.
Performs other duties as assigned.
OTHER REQUIREMENTS:
Banking is a highly regulated industry and you will be expected to acquire and maintain a proficiency in the Bank's policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing. You will also be expected to complete all assigned compliance training in a timely manner.
Ability to coordinate and/or manage multiple tasks in various stages is imperative.
Good time management skills.
Willingness to provide a level of service which will clearly differentiate us from our competitors.
Professional demeanor in appearance, interpersonal relations, work ethic and attitude.
Possess clear, concise, effective written and oral communication skills to effectively express thoughts, ideas and concepts to bank employees and bank customers.
Ability to work with others in a team environment and under occasional time constraints is a necessity.
Employee must be willing to learn, understand and promote Bank products and services.
Ability to maintain confidentiality is required.
Ability to utilize Microsoft Office software.
Prior experience with LaserPro or similar loan documentation software a plus.
Experience with Capitalstream a plus.
High School Diploma or GED required.
Associate's Degree in Business Administration preferred.
Previous office related experience required.
Minimum of two years relevant banking experience preferred.
Experience with commercial lending systems and loan documentation a plus.
About WesBanco
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
1,001 - 5,000 Employees
Headquarters location
Wheeling, WV, US
Year founded
1968