Full Time Loan Administrator

Job Summary
As a Loan Administrator, you will play a crucial role in supporting loan officers and ensuring the smooth processing of loan applications. Your attention to detail and knowledge of loan origination procedures will be essential in this position. You will maintain professional relationships with customers, title companies, insurance companies, vendors, appraisers, and other bank employees. You typically will work in the loan operations team and need to have strong organizational, communication, and customer service skills. You will also have excellent research and mathematical skills and be able to stay organized and manage your time.

Duties

• Process loan requests in accordance with bank policies and guidelines.
• Order credit reports, flood determinations, appraisals, and title commitments.
• Create loan documents for consumers, commercial, and real estate loans.
• Possess or be able to learn the administration portion mortgage lending processes.
• Update and monitor follow-up dates for insurance, financial statements, taxes, titles, and more.
• Maintain accurate and up-to-date loan files.
• Assess an applicant's suitability for a loan, including his or her finances, credit history, and employment status.
• Ensure lending compliance and keep current with industry trends and regulatory changes.
• Manage the loan portfolio to ensure the loan department functions optimally.
• Prepare for loan closings.

Requirements
- Proficiency in basic math and 10-key typing.
- Familiarity with loan origination processes.
- Knowledge of mortgage servicing procedures.
- Understanding of contract and bank requirements.
- Previous experience as a Loan Administrator or Loan Officer is a plus.

Job Type: Full-time

Pay: $36,000.00 - $65,000.00 per year

Experience:

• Mortgage lending processes: 1 year (Preferred)
• Customer service: 1 year (Preferred)

Ability to Commute:

• Lawson, MO 64062 (Required)

Work Location: In person

Salary : $36,000 - $65,000