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We are seeking a skilled part-time Loan Administrator to join our team in Indianapolis, Indiana. In this role, you will be responsible for handling loan-related tasks, such as processing payments, managing loan adjustments, and maintaining accurate customer records. This role is in the financial industry and offers a long-term contract employment opportunity.
Job Responsibility:
Efficiently process customer credit applications and maintain accurate records
Communicate with borrowers regarding returned payments
Order title commitments from title companies or attorneys for loans secured with real property
Handle daily ACH payments processing and cater to any special requests or changes
Assist with loan insurance processes, including renewals, cancellations, new policies, and force-placed coverage
Monitor and update payment of invoices related to loans or lines of credit, including third-party reports, appraisals, insurance, and others
Oversee loan documentation using approved templates as a primary backup
Order and follow up on third-party reports, such as BPO, Appraisal, ESA Phase I
Manage loan advance requests efficiently
Prepare and manage Releases for pay offs, including existing loans to be refinanced
Requirements:
CRM expertise is preferred
Should be able to use About Time software effectively
Must have experience in handling Appraisals
Auditing skills are crucial for this role
Must be well-versed with Closing Processes
Should have a good understanding of Commercial Lending
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