The Commercial Loan Processor calculates and processes payoffs, and releases titles and insurance interest. Processes loan payments and applies funds to customer accounts. Being a Commercial Loan Processor responds to customer inquiries and requests for net payoff quotes. Calculates and prepares refunds for customers that submit overpayments. In addition, Commercial Loan Processor may require an associate's degree or its equivalent. Typically reports to a supervisor or manager. Being a Commercial Loan Processor gains or has attained full proficiency in a specific area of discipline. Works under moderate supervision. Working as a Commercial Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
SUMMARY
The holder of this position provides administrative support and performs clerical duties in processing financial, marketing and credit records.
RESPONSIBILITIES / DUTIES
REQUIRED EXPERIENCE
High school education or GED equivalent with work experience in secretarial and / or administrative duties. Must be able to perform most duties under moderate supervision and exercise a reasonable amount of judgment.
PREFERRED EXPERIENCE
Last updated : 2024-05-29