Sr. Loan Processor

Amerifund is looking for dynamic and experienced Senior Loan Processors to join our team!

Our Sr. Processors take a home loan file from submission through closing. This includes analyzing and verifying credit, income, asset, appraisal, escrow and title documentation on purchase, refinance and home equity transactions to confirm that it meets investor guidelines. With the help of a Junior Loan Processor, the processing team is responsible for directly communicating with Clients, Realtors and our Loan Officers to gather and satisfy all loan conditions and move toward a timely closing.

The role requires an excellent communication skills with a drive toward meeting contingency and closing deadlines while providing exceptional customer service to all parties involved in the transaction. Key attributes to success are the ability to multi-task, time manage, precise verbal and written communication skills and a working knowledge of all major investors and their...

The Position

Our bank client is seeking to fill a Sr. Commercial Loan Processor role located in the Schaumburg, IL market. The position is responsible for overseeing the day-to-day processing workflow of the commercial loan processing department to assist lending officers, loan assistants, and frontline retail staff with document preparation for commercial and consumer loans.

The opportunity has a generous salary of $75k and an excellent benefits package.

Sr. Commercial Loan Processor responsibilities include:

• Preparing and reviewing new and renewal commercial loan documentation for accuracy, regulatory compliance, and adherence to lender’s specific requirements with particular attention to rates, terms, collateral, covenants, and guarantees.
• Obtaining necessary information (loan application, supporting documentation) to process and complete loan files.
• Examining documents to ensure accuracy and compliance with existing underwriting...