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Exchange Bank
Loan Documentation SpecialistExchange Bank • Santa Rosa, CA 95403, USA
Loan Documentation Specialist

Loan Documentation Specialist

Exchange Bank • Santa Rosa, CA 95403, USA
30+ days ago
Salary
$27.85 hourly
Job type
  • Full-time
Job description

Job Details

Description

Exchange Bank is looking for a Loan Documentation Specialist to join our team! The Loan Documentation Specialist prepares and reviews loan documentation for all loan types including consumer, residential, letters of credit, commercial, commercial real estate, construction, lines of credit and SBA loans ensuring accuracy and compliance of loan documents and collateral perfection.

Essential Functions

  • Loan Documentation: Coordinate with processing, underwriting and loan officers to ensure a complete doc package. Review incoming documentation requests to determine appropriate loan structure and documents required for completeness. Knowledge of entity organizational documents to confirm good standing, validate signing authorities and ensure compliance with lending guidelines. Prepare loan documents for consumer, residential, letters of credit, commercial, commercial real estate, construction, lines of credit and SBA loans, from low to high complexity, in accordance with bank policies and procedures and ensuring accuracy and compliance Prepare change in terms agreements that amend the original promissory note including rate modifications, re-amortization of complex payment structures, extensions and renewals. Review commercial leases and Promissory Notes to accurately prepare subordinating documents Prepare and provide processing detailed escrow instructions for submission to escrow companies ensuring efficient closing and funding. Complete all required loan documentation including preparation of new UCC filings or UCC amendments, loan checklists, and escrow instructions. Ability to work independently in a fast paced, high-volume environment Ability to prioritize workflow and manage a pipeline of multiple loans ensuring files are processed within established SLA.
  • Quality Control: Complete peer review of loan documents to ensure accuracy and completeness as detailed in credit approval and request for docs
  • Non-Essential Duties:
    Perform other duties as assigned.

Minimum

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Loan Documentation Specialist • Santa Rosa, CA 95403, USA

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