1 Loan Administrator I Job in Quincy, IL
First Mid is Hiring a Loan Administrator I Near Quincy, IL
- Assists loan officers by preparing various documents such as sending notices, preparing past due correspondence, printing reports from Director and ordering credit bureau reports and appraisals.
- Assist loan officers with worksheets on secondary market loans and real estate loans. Disburses secondary market loans.
- Receives loan payments and loan information from customers, assists customers with questions, providing information about bank services, confirming loan balances, provides loan payoffs, answers credit inquiries on loan customers, and makes loan advances upon request.
- Maintains customer’s credit file in an orderly and accurate manner while in their possession.
- Forwards new loans and updated documentation to Post Closing to be archived on Director.
- Review non-posted transactions and forwards to Loan Non-Post Email Group for data entry.
- Prepare and mail signed denials to borrower and forwards original to Central Loan Processing.
- Works closely with Post Closing to clear branch exceptions on insurance, UCCs, financial statement, etc.
- Prints all closing documents and prepare tickets for loan officer.
- Responsible for placing and/or removing items from Dual Control.
- Main receptionist for the lending area. Answers phone calls, greet customers and prospective customers and directs to appropriate personnel.
- Liaison between Mortgage center staff, Central Loan Processing and Loan Officer.
- Actively cross-sells bank related products in a professional manner and processes customers transactions as needed.
- Completed required training associated with job function.
- Performs other related duties as assigned.
- High school diploma.
- 2-year degree preferred.
- Excellent computer skills. Excellent knowledge of word processing and spreadsheet functions.
- Thorough understanding of loans, loan system and Premier system.
- Must be able to work with a significant amount of detailed information in an accurate, timely and confidential manner.
- High level of interpersonal skills to interact with customers and potential customers in a professional manner. Ability to multi-task between officers and support staff.
- High working knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment.
- Visit our Total Rewards page to see our full list of benefits.
Job Summary
Full Time
$46k-59k (estimate)
05/18/2024
07/17/2024
The job skills required for Loan Administrator I include Loan Processing, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Administrator I. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Administrator I. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Administrator I positions, which can be used as a reference in future career path planning. As a Loan Administrator I, it can be promoted into senior positions as a Group/Region Manager I (Commercial Loans) that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Administrator I. You can explore the career advancement for a Loan Administrator I below and select your interested title to get hiring information.
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