USDA/SBA Loan Processor
- Expired: February 27, 2021. Applications are no longer accepted.
SaviBank of Mount Vernon, WA, is seeking a confident and experienced USDA/SBA Loan Processor to fill our newly open position. When someone describes you, do they say that you have an eye for detail, you are obsessive with getting things done well, on time, and accurately? Do you enjoy working with loan documentation to ensure that everything is in place so that the loan can be processed and serviced on time? Are you committed to collaboration, communication, honesty, integrity, and respect?
If so, we are looking for you! Do you thrive in a busy environment and enjoy providing customer support to our internal customers (i.e., SBA Department team members, lenders and others)? Does your background and experience include producing and servicing USDA/SBA loans? If any of this sounds like an excellent fit for your skills, knowledge, and abilities, we encourage you to apply to be part of this phenomenal team at SaviBank. We offer competitive pay, benefits, and an opportunity for growth. A full copy of the job description is available for your review. The Job description below provides a general understanding of the position and the level at which someone is hired into this position will depend on the qualifications they bring to the position. Position Summary: This position assists commercial loan customers, the SBA Department and Lenders with the processing and closing of government-guaranteed commercial loans.
Their responsibilities include interfacing with borrowers from loan submission to funding, collecting and reviewing documentation per program requirements, coordinating and following for internal documents, ordering and collecting 3rd party reports, preparing loan closing documents, and close/fund the loan in compliance with all government-guaranteed requirements. Essential Duties and Responsibilities: Works directly with borrowers to process and close SBA/USDA loan requests Analyzes loan approvals ensuring proper documentation is required based on the loan product Order and analyze preliminary title commitments and UCC searches and work to resolve any issues Order and analyze flood determinations, environmental reports, 4506-T verifications, and any other items necessary for the credit file Review business entity documentation to ensure borrowing structure Prepare SBA authorizations for PLP or Standard loans, prepare and submit application documents to the SBA Prepare USDA Guaranty package and submit documents to USDA B&I Representative Using LaserPro, SBA Lending Solutions, SageWorks, and approved Word documents as needed to prepare loan documents according to credit approval. Ensure all closing conditions are met and that loans are closed within timeframes that are consistent with exceptional customer service Disburse loan funds in accordance with the SBA Authorization or USDA Prelimary Guarantee Approal and credit approval Assist with loan closing and signings by answering questions as needed. On occasion, may be asked to travel to attend loan closings to help facilitate the signing of documents Process guaranty fee payments with the SBA or USDA Ensure loan disbursements and advances are completed per the SBA Authorization/USDA Guarantee and loan approval, including any needed correspondence with the Credit Administration Officer and their department on construction draws.
Follow disbursements until the loan is fully funded Scan documentation into the Bank's imaging system in a timely manner Maintain a working knowledge of and compliance with all federal banking regulations, the SBA Standard Operating Procedures and the USDA B&I Program Other duties as assigned AAP/EEO Statement SaviBank provides equal employment opportunities to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. For more information, or to apply now, you must go to the website below. Please DO NOT email your resume to us as we only accept applications through our website. https://www.applicantpro.com/openings/savibank/jobs/1689914-346010
AddressMount Vernon, WA
Finance and InsuranceView all jobs at SaviBank