Loan Processor
About the company
ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we're builders — of businesses, communities, and equity. Most importantly, we're building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact. ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry's future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission. People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at "a better place to be".
About the role
The Loan Processor is responsible for ordering investigative reports and processing loan applications to support the Bank's Residential and Consumer Lending effort.
Responsibilities
- Support the Bank's "People First" focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing clients excellent service, always striving to make CNOB "A Better Place to Be"
- Review applications for completeness and investigate applicants' backgrounds.
- Order credit reports (e.g., Experian, property search, appraisal, judgment search or other as deemed necessary) by a lending officer.
- Validate client information supplied on the application (e.g., employment and wage history, telephone numbers; send out Verification of Employment (VOE), Verification of Rent or Mortgage (VOM), Verification of Deposit (VOD).
- Provide applicants with proper disclosures to ensure compliance with federal regulations.
- Assist in preparing loan closing documents; forward to assigned branches or attorneys.
- Create new loan files.
- Handle