| Commercial Loan Processor II Job Description |
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| The following is a full job description for Commercial Loan Processor II. Here are the requirements and responsibilities for Commercial Loan Processor II along with statistics. If after reading this page you determine that Commercial Loan Processor II is not the position you are looking for, you may want to try one of these similar titles: Loan Processor II, Loan Processor III, Commercial Loan Processor I, Commercial Loan Processor III, Loan Processing Quality Analyst II, Commercial Loan Officer II, Commercial Loan Workout Officer II, Commercial Loan Review Officer II, Commercial Loan Documentation Associate II |
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| Requirements and Responsibilities For Commercial Loan Processor II |
| Processes commercial loan applications to provide financing for businesses, support timely origination, and ensure completeness and accuracy of documentation before funding. Reviews loan files to confirm revenue, cash-flow, credit history, assets, and collateral details in accordance with lending policies and regulatory standards. Communicates with borrowers, loan officers, and underwriters to obtain missing documentation and clarify application details. Prepares loan packages for underwriting review and ensures all required documents are properly organized and submitted. Maintains accurate records in loan processing systems and monitors application status to ensure timely progression through the approval process. Tracks and monitors due dates and responds to borrower inquiries. Requires a high school diploma. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. |
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| Also referred to as: Business Loan Processor II, Commercial Lending Processor II |
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| Similar Jobs: Loan Processor II, Loan Processor III, Commercial Loan Processor I, Commercial Loan Processor III, Loan Processing Quality Analyst II, Commercial Loan Officer II, Commercial Loan Workout Officer II, Commercial Loan Review Officer II, Commercial Loan Documentation Associate II |
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| Level of Education: Commercial Loan Processor II Salaries with a High School Diploma or Technical Certificate, Commercial Loan Processor II Salaries with an Associate's Degree, Commercial Loan Processor II Salaries with a Bachelor's Degree, Commercial Loan Processor II Salaries with a Master's Degree or MBA, Commercial Loan Processor II Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Business Services, Edu., Gov't. & Nonprofit, Financial Services | |
