Vaco by Highspring
This range is provided by Vaco by Highspring. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $55,000.00/yr - $60,000.00/yr
Commercial Loan Processor - Job Overview Position Summary
The Commercial Loan Processor is responsible for inputting, reviewing, and validating commercial loan information provided by Loan Originators through the Loan Origination System (Abrigo/LaserPro). This role ensures all required documentation—such as appraisals, flood determinations, underwriting materials, and title examinations—is complete, accurate, and compliant. The processor prepares loan closing documents and boards finalized loans into the Core system. Regular collaboration with Loan Originators, appraisers, attorneys, real estate professionals, insurance agents, and contractors is required. This position also supports the ongoing servicing of closed commercial loans.
Essential Job Functions
Act as the primary point of contact for the Loan Origination System (Abrigo/LaserPro)
Review loan applications submitted by Loan Originators to gain a full understanding of each transaction
Participate in weekly meetings with the commercial lending team to manage and track the loan pipeline
Obtain flood certifications when required
Order, track, and process appraisals, including handling related ledger account deposits
Distribute completed appraisals to Loan Originators
Order title examinations and payoff information
Review title opinions and identify any concerns such as liens, taxes, or title defects, escalating issues to the Loan Originator as needed
Seniority level Entry level
Employment type Full-time
Job function Finance and Other
Industries Banking
Referrals increase your chances of interviewing at Vaco by Highspring by 2x
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Base pay range $55,000.00/yr - $60,000.00/yr
Commercial Loan Processor - Job Overview Position Summary
The Commercial Loan Processor is responsible for inputting, reviewing, and validating commercial loan information provided by Loan Originators through the Loan Origination System (Abrigo/LaserPro). This role ensures all required documentation—such as appraisals, flood determinations, underwriting materials, and title examinations—is complete, accurate, and compliant. The processor prepares loan closing documents and boards finalized loans into the Core system. Regular collaboration with Loan Originators, appraisers, attorneys, real estate professionals, insurance agents, and contractors is required. This position also supports the ongoing servicing of closed commercial loans.
Essential Job Functions
Act as the primary point of contact for the Loan Origination System (Abrigo/LaserPro)
Review loan applications submitted by Loan Originators to gain a full understanding of each transaction
Participate in weekly meetings with the commercial lending team to manage and track the loan pipeline
Obtain flood certifications when required
Order, track, and process appraisals, including handling related ledger account deposits
Distribute completed appraisals to Loan Originators
Order title examinations and payoff information
Review title opinions and identify any concerns such as liens, taxes, or title defects, escalating issues to the Loan Originator as needed
Seniority level Entry level
Employment type Full-time
Job function Finance and Other
Industries Banking
Referrals increase your chances of interviewing at Vaco by Highspring by 2x
#J-18808-Ljbffr