Loan Processor job Springdale Arkansas
Loan Processor job Springdale Arkansas
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Loan Processor Job

Employer Name: SpiderID: 8752967
Location: Springdale, Arkansas Date Posted: 6/19/2019
Wage: Negotiable Category: Banking/Mortgage
Job Code: 619193

Job Description:

Under general direction, the Loan Processor provides administrative and operational support to 1-3 Loan Officers in commercial lending. The position works with the loan officer and is responsible for the proper processing of loan transactions and documents for loans in the portfolio, the maintenance of loan files and records, and the preparation of various reports. In addition, the position may communicate with appraisers, attorneys, and title companies to coordinate loan documentation. Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations.

Job Description


  • Prepares and reviews loan documents which include processing, administration and closing.

  • Conducts certain loan closings and disbursement of funds.

  • Prepares and maintains construction loan records including construction draws, floor plans, and letters of credit.

  • Coordinates loan documentation with various parties including title companies, attorneys and appraisers and/or loan document processors.

  • Prepares and funds construction loan advances.

  • Issues advances on line of credit loans.

  • Files and releases financing statements and real estate mortgages.

  • Assists loan officers with past due reports/notices and with extension and/or modification of mature loans.

  • Answers customer inquiries regarding payment amounts on accounts/loans and other credit information.

  • Assists in providing credit reference requests from other companies and/or other institutions.

  • Adheres to operational controls to ensure safety and security of customers and banks assets including legal, corporate, and regulatory procedures.

  • Performs administrative functions for the department including typing memos, letters, answering and directing calls, report distribution, and file management.


  • High school diploma or equivalent is required.

  • Associate's degree, preferred.

  • 4+ years of experience in similar working environment and/or loan documentation background, preferred.

  • Experience supporting commercial and real estate lending, preferred.

  • Previous experience in: Compliance, TRID, Commercial and Real Estate lending preferred

  • Computer proficiency with Microsoft Office Suite of products.

  • Strong written and oral communication skills.

  • Basic to intermediate mathematical aptitude and ability to add, subtract, multiply and divide using whole numbers, fractions, and decimals.

  • Detail oriented

  • Ability to work in a team environment.

  • Demonstrate a general level of knowledge of Bank Secrecy Act and OFAC related responsibilities in the performance of daily operations to ensure adherence to bank policies and compliance with all regulatory requirements.

Call/Text Theresa at 605.679.9475 or email:

All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.

GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States for the past 29 years. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.

Job Criteria:
Start Date:
Position Type: Full-Time Permanent
Years of Experience Required:
Education Required:
Overnight Travel:
Vacation Time:

Contact Information:
Contact Name: GPAC Company Type:
Company: GPAC

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