Philip Chu Email & Phone Number

Los Angeles, California

• Prepares loan documentation request packages to submit for documentation. Predominantly works with outside counsel legal firms to complete loan documents for prospective borrowers.
• Reviews all loan documents (before and after execution by borrower) to make sure that the documents are correct and signed/dated properly. Performs loan pre-boarding process to prepare loans for boarding.
• Initiates and ensures that loan documents/legal files are filed correctly in the bank’s electronic filing system.
• Verifies that requests from colleagues for borrower account maintenance are processed (e.g., pay downs, payoffs, customer account errors, etc.).
• Have trained multiple, new colleagues on the Loan Administration process.

Pasadena, California

• Conduct comprehensive review and analysis of collateral support documents, business entity formation documents, and specific credit requests to draft loan documents.
• Draft loan documents for complex commercial loans including commercial real estate, SBA, term loans and revolving lines of credit. Loan documents include new loans, modifications and renewals.
• Review and analyze preliminary title reports for vesting, lien position, and title exceptions and endorsements for proper perfection of real estate collateral. Work directly with the title company to perfect the bank's.
• Collaborate with relationship managers to review and analyze executed loan documents and corresponding due diligence items including insurance verifications, collateral holds, and payoffs to effectuate closing of the.
• Prepare wires for working capital, loan payoffs and purchase money transactions.
• Software programs and services used include LaserPro, LawyerPro, Lien Solutions, Navigator, Director, WireXchange, and Microsoft Suite.

El Monte, California

• Drafted loan documents for complex commercial loans including commercial real estate, entertainment, IRC, SBA, multi-family, term loans and revolving lines of credit. Loan documents included new loans, modifications.
• Worked with the internal legal counsel to document loans involving special credit requests or outside counsel.
• Trained various new hires in all aspects of loan documentation, including due diligence in collateral lien position, business entity formation, and credit policy.

El Monte, California

• High volume and fast paced environment.
• Drafted loan documents for complex commercial loans including commercial real estate, entertainment, IRC, SBA, multi-family, and revolving lines of credit.
• Reviewed and analyzed collateral support documents including preliminary title reports, appraisal reviews, UCC searches, and assignments of intellectual property.
• Conducted thorough reviews of business entity formation documents for corporations, LLCs, and partnerships to determine authorized signers.
• Worked in collaboration with account officers, credit analysts, and escrow/title companies to prepare loan documents and lender's closing instructions.
• Software programs and services used include LaserPro, IBS, Lien Solutions, AppraisalTrac, and Microsoft Suite.

El Monte, California

• Created forecasts and graded borrower’s loans by performing debt coverage ratio calculations based on their financial information.
• Helped manage a database of financial information.
• Completed research on a borrower’s financial status using the borrower's own financial statements and programs such as Fidelity, Synergy, and Metavante.
• Met with borrowers and inspected the bank’s collaterals.
• Helped manage a portfolio of loans; kept in contact with borrowers and assisted with refinances, hardships, and many other different requests that were received.

Certificate, Cybersecurity

Obtain skills to prepare to obtain certifications such as Network+, Linux+, and CompTIA Security+.

Bachelor Of Science (B.S.), Criminal Justice