Loan Transaction Specialist

Responsibilities:

• Working with clients to prepare applications for loans by compiling, arranging, and reviewing all relevant documents.
• Determining the feasibility of granting loans and communicating with management if required.
• Processing advances and disbursements, as well as preparing pay off letters.
• Working closely with loan officers to obtain credit information, coordinate closings, calculate closing costs, and disperse funds for clients.
• Ensuring loans are processed as per established company procedures and policies.
• Providing assistance in maintaining various credit files and following up on client inquiries.
• Assisting administrative staff with periodic audits.