Loan Processor (Contract Assignment)
Providence, Rhode Island - Remote
• Processed government guaranteed business loans in preparation for closing within expected service levels.• Obtained all necessary collateral reports and information required to meet the terms and conditions of credit approval and of government agency requirements.• Worked with UCC secured, titled collateral, commercial real estate, construction, refinance, and business acquisitions.• Prepared all documentation necessary to properly close and document government guaranteed business… Show more • Processed government guaranteed business loans in preparation for closing within expected service levels.• Obtained all necessary collateral reports and information required to meet the terms and conditions of credit approval and of government agency requirements.• Worked with UCC secured, titled collateral, commercial real estate, construction, refinance, and business acquisitions.• Prepared all documentation necessary to properly close and document government guaranteed business loans.• Ensured loans are closed, documented, and disbursed in compliance with SBA/USDA regulations.• Ensured proper loan and collateral documentation by staying abreast of and interpreting various laws, regulations, policies, and procedures of loan documentation.• Monitored and sometimes directs monetary disbursements as well as involvement in post-closing quality control. Show less