Logo
360 Talent Avenue

Commercial Loan Processor

360 Talent Avenue, Oak Park, Illinois, us, 60303


Job Title: Commercial Loan ProcessorLocation: Onsite - Oak Park, ILJob Type: Full-timePay: $60,000 - $80,000 per yearBenefits:401(k) with matchingDental insuranceHealth insuranceLife insurancePaid time offVision insuranceJob Description: We are seeking a dedicated and detail-oriented Commercial Loan Processor to join our clients team. In this role, you will work closely with the Lending team to manage all aspects of loan review, due diligence, and documentation. You will serve as a liaison between the Borrower, Loan Officer, and Loan Operations, ensuring a smooth and efficient loan process.Key Responsibilities:Understand Credit Approval requirements and determine necessary due diligence for documenting loans, including credit reports, good standing certificates, appraisals, EPA reports, insurance, title commitments, flood determinations, and UCC searches.Obtain and review all entity documents.Prepare loan documentation using Laser Pro.Communicate loan status with the Lending team and Borrowers.Schedule closings and deliver loan documents to closing.Collaborate with Loan Servicing for any loan funds needed and provide booking information.Follow up to ensure timely return of original loan documents and verify that all documents are appropriately executed.Scan all loan-related documentation into the imaging system.Perform additional duties as required.Qualifications:Minimum of 5 years of experience documenting and closing Commercial Loans, including Commercial Real Estate and C&I Loans.Proficient in Laser Pro and Microsoft Office.Excellent organizational skills and ability to multi-task.Strong verbal and written communication skills.Familiarity with Fiserv Premier and/or Fiserv Cleartouch. Knowledge of Baker Hill is a plus.Schedule:8-hour shift, Monday to FridayPreferred Experience:Fair Housing regulations: 1 yearCustomer service: 1 year360 Talent Avenue is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran, status or any other basis covered by appropriate law. All employment decisions are based on qualifications, merit, and business needs.