Loan Production Specialist
Lake Ridge Bank · Middleton, WI · 3 mo ago
ManagementFull-time
JOB REQUIREMENTS
Provide support to Loan Production Associates on all loan production duties.
Train new and existing Loan Production department staff.
- Manage lender's loan renewals and new loan requests & complete due diligence to prepare for underwriting and approval.
- Re-verify that credit request has up-to-date information to determine proper loan documents required for the loan closing based on the approval and loan product.
- Verify all supporting documentation to verify owners & authorized signers, accurate addresses, collateral descriptions and proper insurance.
- Work with Lender for collection of any outstanding loan approval contingencies.
- Verify and accurately input codes including but not limited to product code, class code, purpose code, part 365 code, aggregate debt, new money, collateral codes, LTV and appraised value.
- Review final appraisal or real estate valuation.
- Properly validate notices are provided to clients when applicable.
- Adjust documentation in file for updated values.
- Clock and schedule closings with Lender and other members of the team as appropriate.
- Work with third party individuals as needed such as insurance agents, title companies and financials to obtain payoffs, when applicable.
- Prepare commercial and ag loan closing documents, utilizing Laser Pro and...