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CUSO Home Lending is hiring a Commercial Lending Assistant at its Hampden location.
The successful candidate will expedite loans that have been approved by loan committee to closing by independently managing the approval to close process. Duties to include ordering title work and coordinating with attorneys, appraisers, insurance agents, flood reporting, and credit reporting agencies or any other outside vendor used to facilitate a loan closing including funding of loans. Support the lenders, credit unions, and Senior Management in any way possible to improve efficiency and increase loan and company growth. Maintain credit files.
Duties:
- Independently manage loans from approval to closing by utilizing a tracking sheet, updating lenders daily
- Work to ensure all loan documentation is free from error
- Work closely with Credit Analysts to ensure files are set up correctly
- Work to ensure that all data and communications with stakeholders are free from errors
- Answer phone and email requests for information
- Coordinate to ensure that all conditions of closing are met, and communicated to lender.
- Order legal work and appraisals, and monitor progress
- Maintain credit and legal files in a timely manner
- Prepare commitment letters for all approved loans
- Prepare pipeline reports for participating credit unions
- Prepare funding sheets prior to loan closings and utilize ACH system/wiring for closings
- Collect all requisite insurance information
- Book closed loans
- Provide billing and Audit support
- Act as liaison between CUSO Home Lending and partner credit unions
Interested candidates are invited to submit resumes to Rebecca Walker at rwalker@mainebls.com.