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    Commercial Lending Assistant - Orlando, United States - Valley Bank

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    Full time
    Description
    Responsibilities include, but are not limited to:
    • Assist Lenders in procuring documentation and information essential to loan application processing and ongoing portfolio management.
    • Review approval for accuracy, and coordinate revisions, as necessary.
    • Assist lenders with providing superior customer service to existing customers by resolving issues and providing accurate and timely information.
    • Engage Attorney or Doc Prep to prepare documents for closing.
    • Collect due diligence needed to close loans in accordance with approval.
    • Act as liaison with attorneys and lenders and coordinate closing dates.
    • Obtain all necessary Insurances and ensure sufficient coverage requirements are met prior to closing.
    • Responsible for upholding and enforcing all stated Bank policies.
    • Process loan payments, draws on lines of credit, payoffs and credit advances.
    • Monitor pipeline reports to ensure timely closings.
    • Carefully review loan documents for closing to ensure accuracy, close loans when necessary.
    • Review Title Commitment and Final Title Policy for accuracy.
    • Clear any documentation exceptions.
    • Communicate with Lenders any issues that arise prior to closing.
    • Order items necessary to complete the file.
    • Prepare Commitment Letters when required.
    • Disburse loan proceeds at closing.
    • Prepare booking packages post-closing.
    • Implement new procedures in accordance with policy changes.


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