Re Loan Administrator - Newport Beach, United States - First Bank

First Bank

Verified Company

Newport Beach, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Real Estate Loan Administrator:

A Real Estate Loan Administrator supports several real estate lenders in underwriting, processing, loan documentation and customer service.

What You Will Be Doing:

Coordinating and assisting with the closings of commercial real estate loans. Assuring loans are closed in accordance with loan approval terms and according to Bank policies.
Preparing loan documents, disbursements, demand/reconveyance checklist and files.
Assisting loan officers and legal counsel in the preparations of loan documents. Collects, organizes and reviews Borrowers/Guarantor formation documents.
Ordering Flood Certificates, Insurance and Flood insurance, as necessary. Preparing proper disclosure letter if in flood zone requiring flood insurance.
Coordinating loan closing with the escrow and title companies. Calculating and preparing settlement statement. Calls in closing wire to Wire Department.
Preparing boarding sheets and sends complete packets for boarding to the centralized credit administration department.
Transitioning loan to another Real Estate Loan Administrator, if necessary.
Verifying boarding information on CBS; prepares tickler for recorded documents, title policies, insurance and UCC and will followup on outstanding items.
Answering inquiries from borrowers, title companies, escrow, insurance companies, etc.
High school diploma or general education degree (GED) required; Bachelor's degree from a fouryear college or university in Finance or Business administration preferred
A minimum of 3 to 5 years related experience to include 2 to 3 years as a Real Estate Loan Administrator; or equivalent combination of education and experience
Proficient with personal computers in a Windows environment including Word and Excel are required; PowerPoint experience a plus
An understanding of Real Estate Commercial Loan products, deposit products, as well as other bank products and services preferred
Should be a selfstarter along with an ability to work as a member of a team
Preferred qualities will include a confidence to speak with clients regarding daytoday issues and concerns

Be a part of a growing company that is truly committed to its employees and clients. Consider joining the First Bank family. As a member of our family, you are part of one of the largest independent banks in the U.S.

We are proud of our growth and success over the past 100 years and look forward to a bright and promising future.

Diversity:

First Bank is a VEVRAA Federal Contractor and an Equal Opportunity/Affirmative Action employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.

Attn:

Applicants interested in a San Francisco based position: First Bank will consider qualified applicants with a criminal history in a manner consistent with the San Francisco Fair Chance Ordinance.

At First Bank, we embrace a hybrid work environment which allows employees to work at an alternative location depending upon the needs of their job and team.

The in-office days are designed to inspire increased collaboration, development, productivity, and quick decision making.

Hybrid schedules should include at least two full days in the office with more or all in-office days expected of our client facing teams and the groups that support them in the business.