Our client a community bank located in Alpharetta, GA has an immediate need for a SBA Loan Processor/Closer. This is a permanent position with excellent benefits. The client is offering a base salary of $80k - $85k
SBA Loan Processor/Closer
Who: Well Established Community Bank
What: SBA Loan Processor
When: Immediate need
Where: Alpharetta, GA
Why: growth
Salary: $80k - $85k plus a $250 bonus for each loan closed - uncapped
Requirements:
5 Years Experience in closing and processing SBA 7a loans
Job Description:
Assist loan officers in working with borrowers to gather information for underwriting and loan
approval.
Preparation of loan package for submission to SBA if submitted under G.P. status and entry of
loan into Etran.
Submission of loans into Etran for loans submitted under Preferred Lender Status and pull PLP
number.
Pull CAIVRS, SAMs, and OFAC reports, submit 4506t requests and compare with tax returns
Pull credit reports on individuals who will be guarantors on the loan
Create and maintain a 10 Tab folder for each borrower
Order appraisals and environmental reports as necessary
Generate list of necessary documentation for loan closings, prepare SBA forms, and work with
Borrower to complete list.
Engage closing attorney and work directly with loan officer and borrower and to provide
documents and information needed for closing.
Verify borrower equity prior to closing
Work with loan officer to review closing documents and submit changes to closing attorney
Assist Loan Operations with wire details needed for loan funding
Review post-closing packages for completeness and compliance
Assist with having loan documents signed for sale in Secondary Market
Engage 3rd party front end analysis and inspection reports on construction loans
Submit construction pay applications for inspections and fundings to contractors
Work with borrowers and Loan Operations on draws for SBA loans
Assist loan officers and borrowers with servicing matters as needed
Audit SBA loan files regularly to ensure completeness and work with loan officer and borrower
to gather additional documentation as needed.
Upload loan credit files to Web Director (to include financial statements, SBA loan submission
documents and closing documents).
Work with New Accounts Area to open DDA and other accounts for borrowers
Help borrowers set up ACH payments and work with loan officers on past dues
Monitor interest reserve accounts and make monthly interest payments on loans
Powered by JazzHR
rjtRmJ0Ujt
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
Internet Publishing
Referrals increase your chances of interviewing at Hire Military Talent by 2x