Consumer Real Estate Loan Doc Spec

Company:  b1BANK
Location: Lake Charles
Closing Date: 06/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

This position will be located in Houma or Lake Charles dependent on candidate chosen.
SUMMARY
Responsible for timely and accurate productions of all types of consumer real estate loan documentation, and ensuring credits are documented in accordance with loan approvals, loan policy and applicable laws and regulation.
SPECIFIC JOB DUTIES
• Assist in training of new loan documentation personnel
• Produce standard loan and collateral documents for all types of consumer real estate loans which comply with bank policy and all federal and state laws
• Review existing loan and collateral documentation to ensure and existing errors or deficiencies are resolved when processing renewals or originating new loans secured by existing collateral
• Engages and works with outside counsel, as needed, for loan closings
• Obtain and review all supporting documentation for loans prior to closing, including but not limited to:
o Credit approval and adherence to loan policy
o Financial reporting requirements and adherence to loan policy
o Lien searches and Real Estate title documents to ensure the bank's ability to prefect their lien position
o Flood determinations and applicable flood insurance to ensure compliance with federal flood regulations
o All other types of applicable insurance (i.e. hazard, general liability, workers comp, builders risk), to ensure bank's collateral is protected
o Environmental due diligence documents to ensure policy requirements are met
o Real Estate appraisals and reviews to ensure policy and regulatory requirements are met
• Assist with second reviews of loan documentation packages prior to closing
• Assist with loan documentation personnel in the due diligence and preparation of their loan packages
JOB REQUIREMENTS
• Associates Degree or Bachelor's Degree in a Business or Finance Related Field, or
1 (One) years of consumer real estate loan documentation experience
• Strong working knowledge of real estate documents (Title Opinions, Title Insurance Documents, Mortgages, Appraisals, etc.)
• Strong working knowledge of other departments, as they relate to loan operations
• Strong interpersonal communication
• Strong organizational and time management skills
• Strong computer, keyboard, and software application (Microsoft Word and Excel) skills
• Knowledge of Laser Pro, or similar loan origination system, experience preferred
Equal Opportunity Employer/Veterans/Disabled

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