Loan Documentation Specialist
$120,000–$120,000 year
HybridTampa, Florida, United States
Job Summary
Review commercial loan approvals to determine documentation and due diligence requirements, verify lending authority, and coordinate the preparation and closing of transactions. Produce and obtain appropriate documentation in compliance with loan terms, including title searches, UCC searches, and entity documents. Apply credit policy and procedures to mitigate risk, ensure regulatory compliance, and finalize loan documents using LaserPro or counsel. Determine when underwriting conditions are satisfied, obtain funding information, and create settlement statements for loan proceeds. Work with operations to ensure proper booking in DNA and meet service levels for due diligence and periodic reviews.
Required Qualifications
- Associate degree or equivalent work experience
- 5 + years' experience in processing commercial loans
- Strong knowledge of commercial loan documentation and requirements
- Knowledge of commercial banking and lending credit policy and guidelines
- Ability to handle multiple priorities and meet deadlines
- Proficient in Microsoft 365
- Demonstrated analytical and problem-solving skills
- Excellent interpersonal skills, including written and verbal communication and ability to work in a team environment
Desired Qualifications
- Bachelor's degree preferred
- Experience processing commercial construction loans and SBA (504) commercial loans, preferred
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