Commercial Loan Processor I at Nyc Community Bank in Hicksville, Nyc

Published generally speaking company 30+ times ago.

Type: Full-Time

Job Definition:


Senior school diploma or equivalent. Banking experience or one 12 months loan processing experience chosen.

KNOWLEDGE, SKILLS AND ABILITIES Experienced In MS Workplace. Good customer and communication solution skills

NEW YORK COMMUNITY BANK. Situated in Westbury, NY, nyc Community Bank is a fresh York State-chartered cost savings bank portion clients throughout Metro ny, nj-new jersey, Ohio, Arizona and Florida. Ny Community Bank acts clients through over 200 branches featuring a structure that is divisional Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Atlantic Bank in Ny; Garden State Community Bank in nj-new jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. With a reputation that is longstanding of, stability and service, NYCB is proud to be invested in the communities it serves.

For more information on the NYCB Family of Banks check us out at . Help recruit talent that is top NYCB through the worker recommendation system. All NYCB workers ought to submit recommendations. Find top talent right in the neighborhood in your geographical area, work and play. Amazing people are all around make sure to tell them the way they can be an integral part of the NYCB household.

NYCB can be an equal possibility boss that forbids discrimination on such basis as competition, color, age, intercourse, nationwide beginning, ethnicity, faith, marital status, impairment, army status, veteran status, domestic physical physical physical violence target status, gender identification or phrase, intimate orientation, hereditary information and just about every other category protected by applicable federal, state, or regional legislation or ordinance. This policy against discrimination relates to all conditions and terms of work including, not limited by: recruitment and selection, advertising and demotion, transfer, training and development, payment, advantages, leaves of absence and termination. NYCB will start thinking about accommodations that are reasonable workers and candidates with disabilities, along with rooms which can be needed for a member of staff to apply their spiritual faith. JOB OVERVIEW the Commercial Loan Processor I processes basic Multi-Family & Commercial loan requests and paperwork. Requests all party that is third and reviews the files for precision and completeness of information. In addition, enters and scans information into computer system.

CRUCIAL FEATURES Prepares a package when it comes to Appraisal Department including copies of relevant security paperwork. Upon completion regarding the Appraisal report, delivers a duplicate for the assessment towards the Broker/Applicant for REG B Loans just. Routes funds received for a software by planning A faith that is good deposit for Loan Administration to process and verify the conclusion of this deal. Executes initial put up of processing file in necessary structure and create application folder into the provided drive. Orders Ecological Assessment Reports/Environmental Insurance/Engineering Reports, whenever needed. In addition, engage Insurance Consultant review where relevant. Sales flooding certifications and deliver a typical Notification Form for collaterals determined become within a FEMA hazard area that is special. If refinance of a current NYCB loan, reviews current file and duplicate the existing organizational papers and also other necessary paperwork. Forwards documentation to your Bank’s solicitors due to their review. As soon as review is completed, make use of the mortgage Officer and Broker/Applicant to rectify the noted problems or issues. Sends an Information package with a cover letter towards the Broker/Applicant informing them associated with the necessary documents to be completed and submitted ahead of closing. Ratings Borrower’s organizational documents and taxation statements to look for the identification of principals. In addition, analyzes the program package to ascertain if extra papers are needed. Due to the fact papers are gotten and also the file is evaluated because of the Credit Department and/or Pre-Closing Department, needs processing that is additional credit and underwriting documentation relative to policy. Requests individual and company credit file as required. Then prepares a written request for explanations and/or proof of satisfaction if derogatory items are found in the credit report. In addition, delivers Automatic Payment Program information towards the broker/applicant, if needed. Performs OFAC checks as required. Prepares ecological Hazard Review Form and supply the proper execution combined with the ecological are accountable to the Loan Officer. If dangerous conditions are noted then works closely with the Loan Officer and inform Broker/Applicant that the corrective action is necessary. Prepares assessment package needed associated with Bank’s assessment policy. In addition, makes a working Account Memorandum and deliver to your parties that are appropriate the lender. Monitors status of processing file including follow-up regarding outstanding paperwork with Brokers/Applicant. As file advances through the different processing and underwriting phases, updates status on LMS including security and client information. Executes review that is final of loan file before forwarding to Pre-Closing Department. If application is Withdrawn/Declined, prepares documentation as needed by HMDA laws. Functions closely with Loan Officers, Loan Underwriters, Credit Analysts, Pre-Closers, Bank’s lawyers and agents. Assists with workplace filing, faxing, copying and scanning as necessary.