Top Loan Administrator Skills

Below we've compiled a list of the most important skills for a Loan Administrator. We ranked the top skills based on the percentage of Loan Administrator resumes they appeared on. For example, 34.1% of Loan Administrator resumes contained Loan Portfolio as a skill. Let's find out what skills a Loan Administrator actually needs in order to be successful in the workplace.

The six most common skills found on Loan Administrator resumes in 2020. Read below to see the full list.

1. Loan Portfolio

high Demand
Here's how Loan Portfolio is used in Loan Administrator jobs:
  • Prepared and reviewed all necessary monitoring reports for loan portfolio including Matured Loan Reports, Loan Review and Delinquency Reports.
  • Administered loan portfolios for both Timeshare and Land Developers including lot sales, foreclosures and facilitating closing real estate transactions.
  • Maintained and administered widely varied eleven-figure corporate loan portfolio in support of Managing Director and eight other lending officers.
  • Assigned the administrative responsibility of the construction loan portfolio from origination through payoff or maturity.
  • Performed daily portfolio administration and cash management for a multifaceted, syndicated loan portfolio.
  • Provided loan portfolio management and client service functions for an assigned commercial portfolio.
  • Managed two subsidiaries' loan portfolios accounting and management reporting.
  • Generate weekly and monthly Loan Portfolio and Reconciliation Reports.
  • Performed financial statement spreadsheet analysis for commercial loan portfolio.
  • Protect integrity of loan portfolio through quality assurance.
  • Managed existing retail loan portfolio and pending pipeline.
  • Managed corporate loan activity for assigned Loan Portfolio.
  • Administer assigned commercial real estate loan portfolio.
  • Managed loan portfolios from origination through settlement.
  • Administered the residential mortgage loan portfolio.
  • Promoted to managing Credit Officer and single point of contact for the bank's loan portfolio within the Special Assets Department.
  • Assist Relationship and Branch Managers with establishing and maintaining a loan portfolio, monitor delinquencies, ticklers and document exceptions.
  • Managed over 85 bank loan syndicated/bilateral loan portfolios' with commitments in excess of $19.5 billion dollars.
  • Managed construction loan portfolios, scheduled and evaluated results of inspections, title updates and draw requests.
  • Managed construction loan portfolio comprising 70 accounts with loan values ranging $5 to $70 million.

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2. Loan Applications

high Demand
Here's how Loan Applications is used in Loan Administrator jobs:
  • Review loan documents to fulfill stipulations on pending loan applications, provide financial education to military customers.
  • Directed loan-processing activities for this community-focused bank's consumer construction loan applications initiated by its lending officers.
  • Managed over 500 applications at one time ensuring timely submission of complete loan applications and supporting documents.
  • Reviewed loan applications and verified outstanding conditions for completion and accuracy prior to final approval.
  • Reconciled monthly credit and compliance reports and evaluated loan applications for accuracy and completeness.
  • Processed Retail/Mortgage Loan Applications*Maintained records system for monitoring insurance and loan collateral*Posted loan payments
  • Review original loan applications and supporting documents for Small Business Loans.
  • Assisted senior-level credit officers with processing of complex loan applications.
  • Obtain, maintain and verify documentation for residential loan applications.
  • Reviewed residential loan applications and verified data is complete.
  • Maintain spreadsheet with listing of rejected/terminated loan applications.
  • Provided prompt customer service processing loan applications.
  • Conducted financial analysis for loan applications.
  • Evaluated loan applications for credit worthiness.
  • Manage EDC's loan portfolio, assess loan applications and prepare recommendations of loan packages to Loan Review Committee for approval.
  • Assisted applicants with filling out loan applications and managed loan processing for FHA, VA, and Conventional mortgages.
  • Processed and prepared Co-op and Condo, Conforming/Non-Conforming loans and New Development, Setting up new loan applications.
  • Support Specialist III - Branch Support Center, Loss Management Lead Consumer Loan Applications Processor - Dealer Finance Division
  • Processed loan applications and loan documentation as well as set up retailer (store) loans online.
  • Receive loan applications, review loans, and other documents to insure the application is complete.

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3. Financial Statements

high Demand
Here's how Financial Statements is used in Loan Administrator jobs:
  • Analyze financial statements and pertinent information to determine credit worthiness of prospective and existing clients.
  • Prepared and reconciled yearly financial activity spreadsheets and financial statements for 50+ pension clients.
  • Reviewed yearly financial statements to verify compliance with mortgage commitments
  • Created electronic personal financial statements that increased productivity.
  • Prepared and presented financial statements and analysis.
  • Performed account maintenance and verified financial statements.
  • Generated reports for Management regarding the receipt of documents, analyses of loan financial statements and status of special requests.
  • Authored loan proposal reports upon analysis of customer's financial statements, repayment capacity, and security of the loan.
  • Analyzed financial statements, cost reports and various other accounting statements and reports; provide interpretation of results as appropriate.
  • Monitored health of investments by scrutinizing property valuation, financial statements, and the tenant occupancy reports.
  • Analyzed all financial statements from potential borrowers including NOI and DSC to calculate reliability and mitigate risk.
  • Updated data base upon receipt of customers' tax returns, financial statements, and insurance certificates.
  • Analyze financial statements and mitigate risk by clear all credit, collateral and insurance exception reports.
  • Ensured that the company's monthly financial statements complied with regulatory, government and state requirements.
  • Review PFS, personal & corporate tax returns and prepared financial statements for global cash flow.
  • Reviewed and analyzed property financial statements and rent rolls, calculating DCR and LTV's.
  • Review and maintain the loan documentation tickler which includes all corporate and personal financial statements.
  • Spread business and personal financial statements, tax returns for existing and new customers.
  • Spread Financial Statements and Tax Returns; created Appendix's for the underwriting documents.
  • Analyzed appraisals, financial statements, and tax returns during loan review process.

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4. Ensure Compliance

high Demand
Here's how Ensure Compliance is used in Loan Administrator jobs:
  • Reviewed solicitor letters and relevant documentations to ensure compliance, proper completion, and accuracy.
  • Preview and review all loan packages to ensure compliance with policy/procedure and regulatory guidelines.
  • Analyze credit agreements in order to accurately interpret deal arrangements and ensure compliance.
  • Conducted post-closing quality reviews to ensure compliance with state and regulatory guidelines.
  • Reviewed assignment agreements to ensure compliance with trade confirmation presented by clients
  • Reviewed commercial loan closing documents to ensure compliance with underwriting guidelines.
  • Validate customer application information to ensure compliance to loan requirements.
  • Reviewed attorney prepared documents to ensure compliance with credit policy.
  • Managed loan documentation to ensure compliance with federal regulations.
  • Reviewed loan documents prepared by outside counsel to ensure compliance with the Bank's loan policy and applicable banking regulations.
  • Maintained all relevant files for all transactions and facilities to ensure compliance with loan documentation requirements.
  • Reviewed loan documentation to ensure compliance with bank policies, lending practices, and regulatory statutes.
  • Issued all disclosures timely and analyzed the results to ensure compliance with state and federal requirements.
  • Work closely with internal and external auditors to ensure compliance with all state and federal laws.
  • Reviewed all broker wholesale registration material to ensure compliance with the bank's lending guidelines.
  • Evaluated new loans to ensure compliance with corporate legal and regulatory credit policies.
  • Audit all cash and accounting transactions to ensure compliance with internal accounting guidelines.
  • Establish Insurance Procedures: Develop procedures to ensure compliance requirements are being met.
  • Provide training and feedback to staff to help ensure compliance.
  • Monitor assigned loans to ensure compliance with loan servicing agreements.

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5. Borrowers

high Demand
Here's how Borrowers is used in Loan Administrator jobs:
  • Interact with borrowers to ensure proper banking and regulatory procedures are being followed and implemented accompanied with discussing exit strategy options.
  • Coordinated daily activity of assigned construction loan portfolio with direct responsibility for disbursements and interfacing with borrowers and outside professionals.
  • Governed provisions of credit agreements and established appropriate operational guidelines on loan activity for borrowers and investors.
  • Eliminated fund disbursement discrepancies by implementing solutions that ensured borrowers would receive accurate and detailed account status.
  • Credit analysis of potential commercial borrowers to understand the financial position of the individuals or company.
  • Calculated future tax borrowers, reviewed insurance requirements, final inspection and appraisal reports.
  • Review of borrowers organizational documents to assure accurate preparation of new loan documentation.
  • Communicated with borrowers and account officers about results of construction draw reviews.
  • Administered financial best practices in setting up Auto-Debit arrangements for borrowers.
  • Completed mortgage application for potential borrowers who were looking to refinance.
  • Facilitated as an intermediary between borrowers and attorneys during mortgage satisfactions.
  • Solicited and analyzed loan information from borrowers and loan officers.
  • Generate financial ratios to evaluate borrowers' financial status
  • Generated deficiency balances/payoff's for litigation against borrowers/guarantors.
  • Prepare correspondence to borrowers requesting additional documentation.
  • Assisted in coordinating closing appointments for borrowers.
  • Processed reserve disbursements for borrowers as necessary.
  • Collect necessary documentation from qualified borrowers.
  • Managed & coordinated loan closings including providing final disclosure of loan terms to borrowers and disclosure of final proceeds to sellers.
  • Communicate and interact with borrowers, developers, loan officers, administrators, legal counsel, underwriters and other industry professionals.

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6. Customer Service

high Demand
Here's how Customer Service is used in Loan Administrator jobs:
  • Maintained strong working relationships with deal team comprised of Relationship Managers, Customer Service Representatives, Legal Counsels and Financial Controllers.
  • Provided support to Loan Administrators and Relationship Managers with regard to account management, operations and customer service.
  • Position required both excellent customer service and organizational skills to ensure the collateral was protected.
  • Developed customer service procedures and created databases to track inquiries and resolution; trained coworkers.
  • Provided excellent customer service and relationship management to Borrowers, Loan Officers and Investors.
  • Delivered exceptional customer service, resulting in increased trust, loyalty and satisfaction ratings.
  • Created and implement new strategies to improve internal productivity and external customer service.
  • Provide accurate and timely instructions to facilitate money movement and customer service.
  • Developed highly empathetic client relationships and earned reputation for great customer service.
  • Foster positive customer relation by listening attentively and providing excellent customer service.
  • Developed expertise in customer service and the resolution of customer dilemmas.
  • Maintained a high level of quality assurance and customer service professionalism.
  • Provided exceptional customer service to both consumer and commercial clients.
  • Provide extraordinary customer service to both internal and external customers.
  • Provide quality customer service in relation to any loan issue/inquiry.
  • Provided customer service to all commercial and business customers.
  • Managed a staff of 5 customer service representatives/loan assistants.
  • Provide excellent customer service in a professional set environment.
  • Provided outstanding customer service through efficient and accurate transactions.
  • Provide excellent customer service to Relationship Managers and colleagues.

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7. Real Estate

high Demand
Here's how Real Estate is used in Loan Administrator jobs:
  • Provided loan administrative support to Relationship Managers with their portfolio of commercial real estate loans.
  • Collaborated with partner financial organizations to disperse funds and managed loans for real estate construction.
  • Worked closely with Relationship Managers administering and closing complex commercial real estate transactions.
  • Administered loan servicing for commercial real estate portfolio for Northeast Territory.
  • Conducted annual inspections of private and municipal project-based real estate properties.
  • Reviewed, analyzed and approved real estate construction loan disbursements.
  • Compiled and managed bank/real estate audit and exam records/documents.
  • Closed commercial and residential real estate development loans.
  • Reviewed, analyzed and reconciled real estate loan draw requests with emphasis on accuracy and compliance with loan terms and budgets.
  • Prepared consumer, commercial and real estate loan write-ups along with financial spreadsheets and credit checks involved in the qualification process.
  • Job responsibilities: As a loan workout administrator, I assisted in managing a portfolio of 'distressed' real estate assets.
  • Reviewed Texas and Louisiana lien searches, appraisals and flood determinations for all Private Banking, Consumer Real Estate secured loans.
  • Reviewed new and existing consumer, commercial, and residential real estate loans for compliance with regulatory and internal loan policy.
  • Audited, approved and administered the final documentation for loan closings, researched public records and real estate tax information.
  • Facilitated reduction of portfolio delinquency by 40%, servicing a $3B portfolio of commercial real estate mortgages.
  • Demonstrated strong knowledge of Real Estate Settlement Procedures Act (RESPA), and became SME for Home Loans.
  • Processed ticklers and exception tracking data for small business and commercial loans including real estate and non-real estate.
  • Type and process new requests and renewal agreements for commercial, consumer, and real estate loans.
  • Developed network of business relationships with real estate professionals, buyers, credit unions and bank branches.
  • Prepared mortgage closing packages for real estate closings and requested delivery to the attorney or title company.

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8. Escrow

high Demand
Here's how Escrow is used in Loan Administrator jobs:
  • Coordinated all closing activities including scheduling the closing, finalizing settlement statements, escrow agreements and attorney negotiations.
  • Expedited monthly tax escrows, composing customer correspondence, and escalating issues to management for timely resolution.
  • Maintained foreclosure schedules, sales/escrow, accounting and Litigation logs and insurance and performed monthly reporting.
  • Performed non-escrow insurance monitoring including following up on with insurance agent and borrower.
  • Educate customers in understanding escrow analysis and disclosure statements.
  • Reconciled escrow accounts and contributed to relationship management reporting.
  • Managed escrow accounting for individual residential rehabilitation projects.
  • Conducted escrow and financial analyses.
  • Process Improvement: Conducted monthly reconciliation on all John Hancock loans balances (escrows, reserves, payments, etc.)
  • Request follow up to commercial customers, review proof of payments of the country property taxes to non-escrow commercial loans accounts.
  • Entered loans into computer, tracked documentation, processed escrow analysis, applied payments, handled payoffs, and customer service.
  • Gained knowledge of insurance, tax escrow, research, collection, payoff and defaulted loans departments for superior customer service.
  • Post applications of principal reduction payments, interest payments and escrow deposits received to appropriate G/L accounts and construction budgets.
  • Key areas of classroom training included, mortgage servicing, loss mitigation, escrow, insurance, taxes and TARP.
  • Maintained successful relationships with borrowers, builders, inspectors, title/ escrow officers, loan officers and municipal construction parties.
  • Performed and explained escrow analysis in detail as well as deleted and set up escrow accounts that met certain criteria.
  • Coordinated with brokers, underwriters and loan officers to prepare loan closing packages to be closed by title escrow agents.
  • Processed and reviewed escrow analysis as well as performed financial analysis on over 100 loans to interpret loan ratios.
  • Handle the quarterly payment of town taxes and annual payment of homeowners insurance for all residential loans with escrow.
  • Reviewed Settlement Statements and Coordinated with Title Co., Attorney or Escrow Co. at times to determine Release Prices.

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9. Title Companies

high Demand
Here's how Title Companies is used in Loan Administrator jobs:
  • Provide accurate satisfaction documents to attorneys and title companies.
  • Worked closely with commercial builders and outside vendors to include attorneys, local city governments, insurance companies and title companies.
  • Attended and coordinated loan closings in and outside of office, most at title companies for both commercial And residential liens.
  • Worked directly with consultants, general contractors, title companies and borrowers to ensure proper documentation for each draw request.
  • Coordinated with Loan Administration, Disbursement Administrators, title companies, customers and Relationship Managers to book and fund loans.
  • Work with Loan Officers, Attorneys, Title Companies, Inspectors, Voucher Control Companies and Loan Operations Department.
  • Worked with loan officers, borrowers, and title companies, relative to the closing and funding of loans.
  • Supervised Construction Loan closings when necessary, dealt with attorneys, appraisers, title companies and bank customers.
  • Released collateral on paid notes, forced placed auto insurance, sent recording of mortgages to title companies.
  • Work with customers, attorneys, title companies and lending officers to coordinate loan closings and legal analysis.
  • Research of Real Estate for Quality Control; contacted insurance companies and title companies for required documentation.
  • Work closely with Home Builder Borrowers, Relationship Manager, Closer, Outside Counsel and Title companies.
  • Prepared loan documentation and coordinated closings with attorneys, customers, appraisers, title companies and lenders.
  • Maintain dialogue with loan officers, lenders, real estate brokers, and escrow and title companies.
  • Ordered and tracked status of all title work from title companies, appraisals, and flood determinations.
  • Identified possible title issues and partnered with legal counsel and title companies to resolve those issues.
  • Processed mortgage loans and interacted with underwriters, title companies, legal counsel and interdepartmental personnel.
  • Worked closely with the escrow and title companies to ensure conditions are met for funding.
  • Support loan officers by communicating with attorneys, appraisers, title companies, etc.
  • Frequent contact with lenders and title companies to resolve issues and facilitate closings.

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10. UCC

high Demand
Here's how UCC is used in Loan Administrator jobs:
  • Authored, administered and completed a successful Request for Proposals to procure replacement Loan Administration software.
  • Developed successful relationships with customers that resulted in other business opportunities for the bank.
  • Directed termination or continuation of UCC financing statements.
  • Determined customer needs and successfully solved problems.
  • Researched and successfully resolved account discrepancies.
  • Tested gross profit margins, UCC filings, loan statements and company procedures to assess the integrity of the client.
  • Managed the implementation of new Loan Reporting Database and the successful transition of 1,200 client files between analysts within department.
  • Prepared and processed loan payoff statements, uniform commercial codes (UCC), beneficial interests and letters of directions.
  • Pioneered innovative measures and practices which directly contributed to one of the largest successful bank mergers in US history.
  • File the UCC- 1 for collateral of equipment, or if Life Insurance Policy, assignment of Life Insurance.
  • Manage tracking of UCC s, stock certificates, assignments and other collateral to ensure security of the bank.
  • Order credit report, flood searches, Lexis Nexis searches, UCC searches and property and business searches.
  • Create work plans and tools used to successfully manage, track and maintain insurance associated with active loans.
  • Produced required consumer loan documents for closings including finalized application, loan liners, UCC's to payments.
  • Planned and implemented records, forms, and processes for successful and efficient flow of data in system.
  • Prepared loan and security agreements, guaranties and UCC filings for loans to businesses, individuals and trusts.
  • Worked on a national platform in a high paced unsupervised environment with a high degree of success.
  • Recorded all collateral documentation such as Uniform Commercial Code (UCC) filings, Deeds of Trusts/Mortgages.
  • Obtained entity documents, flood determinations, insurance coverage, UCC-1 filings, and lien searches.
  • Monitor and follow-up on all permanent loan commitments to ensure successful pay-off of the construction loan.

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11. Lenders

high Demand
Here's how Lenders is used in Loan Administrator jobs:
  • Assist lenders with providing superior customer service to existing customer by preparing, Renewals, Deferment and Modification.
  • Support VP and Commercial Lenders managing loan pipeline and review documentation for completeness and accuracy.
  • Participate in training/classes in order to remain current with all regulations/rules/guidelines for lenders/government/compliance groups.
  • Received approval, reviewed conditions, submitted satisfied conditions to lenders.
  • Reviewed amendments and waivers and distributed to participating lenders or internal desk
  • Negotiated JLDC loan collateral positions with applicants and participating lenders.
  • Communicated to Lenders additional documentation needed to complete loan package.
  • Ordered flood determinations and excellent customer service with lenders.
  • Managed client applications and liaised between clients/brokers, processors/lenders.
  • Compiled and distributed matured/maturing loan reports weekly to Lenders.
  • Provide administrative support to Commercial and Consumer Lenders.
  • Prepare quarterly/yearly certifications for lenders.
  • Assisted lenders and gathered information for the underwriting process, while ensuring compliance with federal, state, and banking regulations.
  • Reviewed and discussed loan documents with lenders in order to close new/amend existing loans which resulted in on time closings.
  • Developed and maintained good rapport with lenders, brokers and clients * Prepared and submitted vendor invoices and minimal bookkeeping.
  • Recognized by management for providing quality customer service as the first line of contact between the customer and the lenders.
  • Field requests from borrowers, lenders, and managing agencies, and follow up to ensure all requests are met.
  • Served as Senior Corporate Credit Analyst; worked closely with senior lenders on loans of up to $25 million.
  • Assisted commercial lenders with all aspects of business development, loan approvals, closings, and subsequent loan servicing.
  • Communicated effectively with Lenders and Title Company agents to improve the loan processes and ensure accuracy of documents.

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12. Credit Reports

high Demand
Here's how Credit Reports is used in Loan Administrator jobs:
  • Handled processes for potential loan customers including pulling credit reports and underwriting procedures.
  • Review credit reports and clear conditions as per underwriter specifications.
  • Prepare application package for underwriter including but not limited to: ordering credit reports, searches, property valuations, etc.
  • Monitor, update and analyze credit reports, appraisals and financial statements to ensure they adhere to product and underwriting guidelines.
  • Order credit reports, appraisal reports, appraisal reviews, environmental reports, property/tax/flood/UCC searches and judgment and corporate searches.
  • File uniform commercial codes with the state of Missouri and Kansas, run credit reports and flood determinations.
  • Answered bookkeeping calls, verified wires, generated letters of credit reports and delivered exceptional customer service.
  • Reviewed credit reports for possible debt consolidation and opportunities to create better loan offers for Service Members.
  • Ordered credit reports property searches, requests for appraisals, and title searches for all applications.
  • Verify taxes, run credit reports, verify Schedule of Real Estate, Verify Mortgages.
  • Ordered business and personal credit reports, conducted lien searches and related due diligence.
  • Obtain personal credit reports, business credit reports, and property record searches.
  • Ordered title insurance, flood and tax certificates, appraisal and credit reports.
  • Ordered credit reports and input credit scores and factors into company systems.
  • Obtained credit reports for check card applications, consumer and commercial loans.
  • Order and generate credit reports, appraisal reports, and environmental reports.
  • Reviewed all construction loan applications, credit reports and appraisal reports.
  • Order credit reports for new and existing bank customers.
  • Reviewed credit reports and documents for pending loan applications.
  • Analyzed credit reports, appraisals and background information.

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13. General Ledger Accounts

high Demand
Here's how General Ledger Accounts is used in Loan Administrator jobs:
  • Monitored and reconciled daily proofs performed on various general ledger accounts by comparison of data.
  • Perform monthly reconciliation of general ledger accounts used by loan operations.
  • Balanced general ledger accounts daily relating to loan department.
  • Posted and corrected anomalies with double entry/general ledger accounts.
  • Reconcile and monitor several general ledger accounts.
  • Reconciled general ledger accounts daily.
  • Prepared various weekly and month-end reports, balanced general ledger accounts and resolved complex billing questions.
  • Booked commercial loans onto BNY Mellon's general ledger accounts through treasury desk.
  • Manage the reconciliation of commercial loan general ledger accounts.
  • Balance General Ledger accounts on a daily basis.
  • Maintained and balanced loan general ledger accounts.
  • Balanced the department General Ledger accounts.
  • Reconcile loan general ledger accounts.
  • Utilize various systems to monitor activity posted to general ledger accounts including PeopleSoft and Blackline.
  • Reconcile General Ledger accounts to Investors report to ensure all funds are disbursed accordingly.
  • Managed mortgage escrow accounts -Loan activity reports filed daily -Determined proper general ledger accounts for loan maintenance

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14. Processing Loan Payments

high Demand
Here's how Processing Loan Payments is used in Loan Administrator jobs:
  • Contributed to clearing exceptions, past dues, processing loan payments and partial releases to meet monthly goals.

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15. Due Diligence

average Demand
Here's how Due Diligence is used in Loan Administrator jobs:
  • Prepared loan documentation and reviewed due diligence material in accordance with credit policy and the individual credit approval.
  • Analyze due diligence documentation and prepare necessary lien perfection documents to protect banks security interest in pledged collateral.
  • Reviewed and ensured commercial loan due diligence and documentation was accurately completed.
  • Perform all Bank due diligence including but not limited to appraisals, surveys, title policies, insurance and flood zones.
  • Reviewed and processed attorney loan documents, performing due diligence and coordinating closings for complex commercial real estate construction loans.
  • Performed due diligence to ensure all required loan conditions are sufficient, properly documented and in compliance with bank policy.
  • Reviewed loans for accuracy and completeness to ensure polices, procedure, due diligence and compliance regulations are met.
  • Execute quality control reviews of all loan files ensuring that all conditions and due diligence requirements have been met.
  • Performed due diligence and prepared Promissory Notes, Deeds of Trust, Security Agreements, etc, as needed.
  • Prepare and review loan documentation, review LTV, process and review loan due diligence and other confidential information.
  • Manage commercial loan processes by preparing due diligence materials, and assessing for conveyances, and collateral releases.
  • Conducted Due Diligence on the initial verification of all Mortgage Brokers and their associates.
  • Review approved loan requests and conditions of lending to determine due diligence requirements.
  • Conducted comprehensive due diligence research and analysis, as well as title work.
  • Process Small Business Banking loan requests for Due Diligence and create loan documents.
  • Mitigate or minimize credit risk/exposure for bank through effective due diligence.
  • Performed due diligence on residential and commercial real estate loan transactions.
  • Review loan documents and obtain missing due diligence items after closing.
  • Initiated the due diligence process on all pending loans for funding.
  • Ensured loan closing did not occur without proper due diligence.

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17. Data Entry

average Demand
Here's how Data Entry is used in Loan Administrator jobs:
  • Assisted project managers and accurately provided them with information needed to research issues and perform specialized data entry.
  • Process Loan Transactions *Data Entry *Filing *Customer Interaction *Correspondence *Accounts Payable Teller *Customer Interaction *Processing Transactions
  • Monitored, reconciled and managed data entry and documentation of all monthly loan disbursements.
  • Approved draws and prepared forms and data entry necessary to process disbursements following credit policies, $1,000,000.00 wire authority.
  • Answered customer inquiries, reviews account information, resolved problems and aided in updating client information via data entry.
  • Assisted the client service specialists to provide them with information needed to research issues and perform specialized data entry.
  • Assist with inquiries, research, problem resolution, payoffs, releases, data entry and maintenance.
  • Facilitated the eviction process to ensure timely printing, faxing, scanning, and data entry.
  • Cash management duties were data entry, checking balancing, and cash reports.
  • Verified all information is correct for billing purposes, data entry and underwriting.
  • Processed personal, business and mortgage loans as well as data entry.
  • Prepare loans for closing, heavy alpha and numeric data entry.
  • Worked as backup for Accounts payable/Accounts Receivable and Data Entry.
  • Processed new credit applications via data retrieval and data entry.
  • Processed wires and data entry of accounting transactions.
  • Tracked conditions and prepared closing documents for signing while multi-tasking as the main receptionist, data entry, phones and mail.
  • Audited residential loans for all branches Coordinated data entry operations for residential loan department Maintained excellent quality control standards for branch
  • Copy, Fax, File, Scan Data Entry Contact and work with doctor's offices to correlate information about the client
  • File clerk archiving new and old files, Data entry information versee daily operations, process orders, maintain an accurate inventory
  • worked mainly with home mortgages and did some data entry related to said mortgages i was involved in.

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18. SBA

average Demand
Here's how SBA is used in Loan Administrator jobs:
  • Supervised loan operations and collateral management of 1500+ commercial and 100+ SBA loans within a multicultural, multilingual Community Bank environment.
  • Developed and improved procedures for government reporting of SBA loans increasing reporting accuracy and reducing monetary penalties.
  • Perform all responsibilities on SBA/Commercial daily loan operation.
  • Researched and compiled information for use in commercial mortgage and SBA loan origination, loan processing, and loan administration areas.
  • Utilize SBA Wizard to complete the Authorization and prepare all other SBA documents while also reviewing LaserPro docs prepared by assistants.
  • Handled Small Business Administrative (SBA) loan draws, payments, and reporting; processed construction loan draws as needed.
  • Prepare for various Loan and Accounting Audits including internal, FDIC/State, and SBA, as advised from the supervisor.
  • Assist commercial and retail loan officers with documentation preparation, and modifications of commercial loans as well as SBA loans.
  • Manage a small portfolio consisting of troubled SBA Small Business loans and SBA Commercial Loans under training/supervision of Workout Officer.
  • Coordinate and maintain loans for adherence to credit policy as well as guidelines in keeping compliant with SBA regulations.
  • Assisted with the servicing and underwriting of banks new and refinanced residential, commercial, and SBA loan files.
  • Reviewed and approved commercial and small business banking booked loans (including SBA loans) with collateral.
  • Utilized vendor software to compile and generate closing loan documents (LaserPro, LaserPro SBA LS).
  • Reviewed closing structure to ensure credit analysis was compliant with SBA SOP guidelines and all governmental regulations.
  • Submit approved SBA 7a package to SBA via appropriate method and follow-up with any additional documents.
  • Served as main processor and trainer for management of SBA and Participation Loan reporting and remittances.
  • Prepare SBA Loan Sale and process 1086 package to relevant investors and finalize the settlement.
  • Increased SBA loan volume for lender after attending training conducted by the Small Business Administration.
  • Review title reports and appraisals and perform all responsibilities for SBA and Commercial Loan Closings.
  • Created process and procedures for SBA and conventional C&I loans to increase productivity.

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19. Bank Products

average Demand
Here's how Bank Products is used in Loan Administrator jobs:
  • Develop and maintain knowledge of position related regulations as well as staying knowledgeable on Bank products and services.
  • Provided training to staffs of new bank products; Established appropriate audit trail for all activities.
  • Stay current in knowledge of software, bank products, rates and regulatory requirements.
  • Cross selling of bank products that best fit the customer s needs.
  • Promoted and cross-sold bank products and services to customers.
  • Cross sells and introduces Bank products to assist customer, thus becoming a trusted financial advisor
  • Market bank products toindividuals and firms, promoting bankservices that may meet customers'needs.
  • Cross sell bank products Wire transfers Letter of credit processing Daily funding Segregated offset checks deposit

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20. Monthly Reports

average Demand
Here's how Monthly Reports is used in Loan Administrator jobs:
  • Prepare weekly and monthly reports regarding valuation of collateral of credit operations.
  • Analyzed financial amortization for monthly reports on closing trade packages.
  • Computed various reconciliations and quarterly/monthly reports.
  • Booked and funded loans, post-closed loans, funded construction draws and monitored borrower budgets; update weekly and monthly reports.
  • Provided monthly reports on loan volumes, profitably, past due interest fees and non-accrual status, to senior management.
  • Monitored all reports relevant to the job function, and compiled monthly reports for high level managers and directors.
  • Monitor daily and monthly reports for assigned portfolios and work with relationship managers to maintain a clean portfolio.
  • Prepared various monthly reports such as Agency Fee Collections, Proofing and Aging Reports and Monthly Overdraft Reporting.
  • Created daily and monthly reports for senior loan officers and conducted manual proofing of the daily general ledger.
  • Monitored collateral used to support loans and quality review of all daily and monthly reports.
  • Recorded monthly syndicated loan account data, and edited monthly reports sent to Taipei Headquarters.
  • Scheduled and prepared monthly reports for 5 branches and 9 loan officers for monthly meeting.
  • Created, maintained and reconciled bank accounts and prepared monthly reports, and portfolio analysis.
  • Prepared draw downs, reimbursements, various spreadsheets and monthly reports for individual clients.
  • Pulled daily, weekly and monthly reports for overdue, maturing loans and overdrafts.
  • Evaluated weekly and monthly reports to senior management indicating terms for the commercial loans.
  • Compiled monthly reports on payments, quotes of closing costs and answered mortgage inquiries.
  • Maintained monthly reports and updated computer system to show changes in loan status.
  • Prepared and distributed weekly control logs and monthly reports to senior management.
  • Run daily, weekly and monthly reports and verify information for management.

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21. Loan System

average Demand
Here's how Loan System is used in Loan Administrator jobs:
  • Updated commercial loan system on status of documentation and exercised quality control of document review and loan processing.
  • Updated commercial loan system on status of documentation and collateral.
  • Entered information daily to automated loan system.
  • Maintained customer credit files, prepared loan documents, promoted bank products, and utilized the DDA and commercial loan system.
  • Served as Team Lead for transfer of over 1000 Home Builder loans from TCL system to CL3 & LIQ loan systems.
  • Assigned additional task of working on Bank's new commercial loan system, while being required to maintain existing workload.
  • Assisted with testing for TCL loan system upgrades, resulting in more efficient processes and an increased level of accuracy.
  • Reviewed documents for all loans to be booked on the Commercial Loan System after the completion of the closing process.
  • Completed funding requests for new and existing loans that were booked on the Commercial Loan System (AFS).
  • Determined proper loan system coding and booked all new renewed, and modified loans on the loan system.
  • Contract project coordinator for local commercial bank auditing mortgage notes for proper booking on bank loan system.
  • Collaborated with bank personnel to make sure the loan system was in proper balance with General Ledger.
  • Performed accurate input of principal payments, interest payments, and borrowing base reports for loan system.
  • Update the PNC loan systems using STUCKY and ACBS to reflect the client loans and collateral values.
  • Compared and evaluated loan systems to determine cause of overexposure if one showed on an account.
  • Entered all new client information in loan system, and cross-checked with loan documents for accuracy.
  • Mapped loan systems to merge 9 Michigan community banks into one operation in 2009.
  • Provided maintenance to loan files both on loan system and in physical file.
  • Structure credits on loan systems, initialize loan covenant requirements and execute documents.
  • Update loan system and process all monetary, wire, and accounting transactions.

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22. Special Projects

average Demand
Here's how Special Projects is used in Loan Administrator jobs:
  • Managed loan portfolio for approximately 90 participated and bilateral deals while providing assistance on all special projects.
  • Performed research and development on special projects as assigned by management.
  • Completed special projects upon management request.
  • Answered inbound calls, addressed borrower inquiries regarding transactions, transfers, etc., and special projects as needed.
  • Received 17 Excellence in Servicing Awards for helping various fellow employees of all levels with special projects.
  • Create and maintain departmental weekly and monthly funding/payoff reports; other reports and special projects as required.
  • Utilized on special projects due to my extensive computer, research and mortgage accounting background.
  • Worked with special projects group, auditing customer files to ensure legal compliance.
  • Assist in special projects such as researching and implementing new products and procedures.
  • Supervised special projects for auditors during slow periods of work with quick turnarounds.
  • Assist in special projects and perform other duties, as needed or assigned.
  • Worked on special projects for department and ordered all supplies for the department.
  • Supported loan officers and credit analyst with administrative tasks or special projects.
  • Manage several special projects and reports as needed by management.
  • Provide assistance to Supervisors on special projects as needed.
  • Perform special projects, and additional duties as required
  • Provide support for audit and other special projects.
  • Participate and direct special projects as needed.
  • Assisted in special projects with various inter/intra division departments to provide information to bank management.
  • Prepared Forward Funding Report to Treasury and did special projects requested by Director Used Loan IQ system.

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23. Loan Agreements

average Demand
Here's how Loan Agreements is used in Loan Administrator jobs:
  • Participated in development of construction loan agreements, promissory notes and insurance requirements.
  • Review loan agreements and other documentation by referring to credit approval memorandum.
  • Handled communication regarding financial services; Checked loan agreements to ensure that they are complete and accurate, according to policies.
  • Review of credit memo, loan agreements and other loan documents to ensure proper loan administration.
  • KEY ACCOMPLISHMENTS: Facilitated return on investment by administering construction loan agreements, disbursements and payoffs.
  • Reviewed and analyzed new Russian Loan Agreements and negotiated Master Participation Agreements, and Amendments.
  • Reviewed loan agreements to ensure that they were complete and accurate according to policy.
  • Review all Master Loan agreements to assure accuracy and completeness.
  • Prepare loan agreements, loan guarantees and/or letters of credit.
  • Review all Commercial Loan Agreements for accuracy.
  • Reviewed loan agreements for proper compliance.
  • Enforced restrictions and requirements of sophisticated loan agreements and other documents prepared on a customized basis by outside counsel.

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24. Interest Payments

average Demand
Here's how Interest Payments is used in Loan Administrator jobs:
  • Process requests for borrower principal curtailments, preparing documentation, calculate new principal and interest payments and provide amortization schedules.
  • Researched and reconciled discrepancies with the Account Maintenance Department regarding Principal and Interest payments.
  • Handled monthly construction interest payments on approximately forty loans.
  • Monitored and posted principal and interest payments.
  • Remit monthly interest payments from established reserves.
  • Collected interest payments from building contractors.
  • Perform accounting duties: prepare journal voucher, deposit checks, post interest payments, account reconciliation, process invoices.
  • Processed asset restructures, borrowings, principle & interest payments, as well as Split Combine Rollovers (SCR).
  • Monitored principal payments and interest payments to insure proper posting to loans by other departments.
  • Reconciled loan principal payments, interest payments, borrowings and secondary trades into Loan IQ.
  • Calculated, tracked, and collected interest payments from agent banks for syndicate loans.
  • Maintained incoming documents such as interest payments, confirmation letters, and debit/credit advice.
  • Worked in a team to reconcile international loan principal and interest payments.
  • Prepared loan proceeds statements, determined interest payments and closing costs.
  • Posted interest payments, loan pay downs and payoffs.
  • Processed loan payoffs, interest payments, fees payments.
  • Maintained daily loan facilities (all borrowings, principal/interest payments, etc.

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25. Loan Advances

average Demand
Here's how Loan Advances is used in Loan Administrator jobs:
  • Processed loan advances by reviewing loan disbursement requisitions to verify accuracy of information against supporting documentation.
  • Worked directly in ensuring processing accuracy of loan advances, principal, interest, fee repayments and invoicing into system.
  • Process construction loan advances insuring that appropriate documentation has been received; ensuring internal forms and processes have been completed.
  • Processed customer loan payoff requests, loan advances and issued check disbursements for the preparation of a loan closing.
  • Settled new loan trades and assignments, impute principal, interest, and fee payments and execute loan advances.
  • Processed daily loan advances, repayments, rollovers, conversions, interest payments, quarterly fees and breakage fees.
  • Handled customer requests for loan advances, confirming borrowing capacity, and coordinating advances with commercial loan operations.
  • Processed payments, monitored and funded loan advances under construction loans and lines of credit.
  • Prepare input forms to book loans and process requests for loan advances and payments.
  • Processed loan advances, repayments, rollover, interest and fee settlements.
  • Process syndicated loan advances and repayments in loan portfolio.
  • Process and administer construction loan advances and interest payments.
  • Received and processed customer requests for loan advances.
  • Processed the loan advances and pay downs.
  • Disbursed loan advances and prepared wire forms.
  • Processed client requests for loan advances.
  • Coordinated loan advances and funding options.
  • Performed daily loan advances and payments.
  • Processed paid loans, deeds of reconveyance, tickler updates, loan advances and payoff request letters.
  • Process loan advances as instructed Process loan pay offs and all loan payments and pay downs.

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26. Hmda

average Demand
Here's how Hmda is used in Loan Administrator jobs:
  • Prepared closing documents, HMDA Reports and loan documents (Commercial, Consumer and Residential).
  • Bank was under the threshold for reporting to HMDA but maintained files and reports on loans.
  • Monitor file aging for HMDA (Home Mortgage Disclosure Act) compliance.
  • Transmit error free HMDA DATA to Washington on an annual basis.
  • Stay up to date will all HMDA procedures for quarterly audits.
  • Processed all loans in banking systems and disbursed yearly HMDA reports.
  • Complied with HMDA, HVCC and all government regulations.
  • Complete initial HMDA auditing on all Mortgage Loan files.
  • Monitored all HMDA reporting for entire West region.
  • Train staff on any HMDA policy changes.
  • Prepare and submitting HMDA reports quarterly.
  • Enter and stay current with all HMDA LAR Data in the system.
  • Trained staff in disclosure agreements and regulations including Dodd Frank Act, TILA, RESPA, ECOA and HMDA.
  • Overviewed resolution and completion files audited by our compliance team and ensure loan files met HMDA requirements.

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27. State Regulations

average Demand
Here's how State Regulations is used in Loan Administrator jobs:
  • Prepared document request for completeness, accuracy and consistency with compliance lending policies, Federal and State Regulations.
  • Processed new mortgage applications while adhering to all Federal and State regulations regarding mortgage disclosures.
  • Performed data inquiries in accordance with corporate procedures and inter-state regulations.
  • Ensured documents were prepared according to bank policy, and were in compliance with Federal and State regulations.
  • Maintain working knowledge of federal and state regulations related to lending.
  • Minimized delinquencies and increased recoveries by performing collection activities according to federal and state regulations

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28. Ensure Accuracy

average Demand
Here's how Ensure Accuracy is used in Loan Administrator jobs:
  • Created internal office forms to ensure efficiency and borrower forms to ensure accuracy of documentation submitted.
  • Reviewed original documents to ensure accuracy and completeness and informed department head of any errors.
  • Review post closing packages returned from settlement to ensure accuracy and completeness.
  • Work closely with senior administrators to ensure accuracy of reports.
  • Reviewed contract documents to ensure accuracy with underwriting guidelines.
  • Reviewed loan documents to ensure accuracy of all loan information, maintained accurate records of loan modifications, restructurings and payoffs.
  • Reviewed and prepared loan documents prior to closing to ensure accuracy with credit approval policy.
  • Collaborate with co-workers to produce quality work and ensure accuracy in the work place.
  • Originated, reviewed, and processed, loan agreements to ensure accuracy.
  • Review closing documents to ensure accuracy and compliance.
  • Create and maintain loan files to ensure accuracy and completeness; monitor and clear loan file exceptions.
  • Analyze GFE, Tils and all other required disclosures to ensure accuracy and compliance.

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29. FHA

average Demand
Here's how FHA is used in Loan Administrator jobs:
  • Submitted VA/FHA documentation to appropriate agencies.
  • Processed residential loan settlements to include VA/FHA and Conventional loans for the Virginia, Maryland, and Washington, D.C. areas.
  • Conduct various training classes when needed; training has included income, appraisal, FHA and various process changes.
  • Analyzed mortgages to ensure loans met FHA, VA and VHDA investor guidelines and requirements for insuring.
  • Review and analyze mortgage documents including FNMA, GNMA, Freddie, conventional and FHA loans.
  • Managed all compliance items in relation to ECOA, FHA, RESPA and TRID regulations.
  • Set up Fannie Mae and FHA new loans in the Benedict loan servicing system.
  • Manage a production pipeline of 35 FHA loans and 40-50 HARP loans.
  • Shipped and post closed Conventional, FHA, and VA loans.
  • Originated, processed and closed Conventional, FHA and VA loans.
  • Performed LDP/GSA's on FHA loans.
  • Managed and carried mortgage loan pipeline in excess of 20 mil HARP, FHA, VA, Bond and Conventional.
  • Retrieved managerial account data and created weekly WIP & FHAD reconciliation reports.
  • Default Compliance Procesed all VA, FHA, FHLMC and Conventional loans for forclosure.

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30. Necessary Documents

low Demand
Here's how Necessary Documents is used in Loan Administrator jobs:
  • Assist customers and consultants in filling out application and obtaining necessary documents to complete file for loan modification.
  • Gathered necessary documents and requirements to start modification process.
  • Perform Quality Control Maintenance after closings to ensure files contain all necessary documents and meet audit standards.
  • Underwrite and collect all necessary documents from Borrowing entities in order to process loans.
  • Ensured that all necessary documents needed for closing of the loan were completed
  • Complete loan files to ensure all necessary documents are readily accessible.
  • Obtain necessary documents needed to close the loans.
  • Performed audits to ensure all files had necessary documents to support account approval.Excelled during role of sales.
  • Post Close Reviews Processed CTS packages and ordered necessary documents from Links.

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31. Income Tax Returns

low Demand
Here's how Income Tax Returns is used in Loan Administrator jobs:
  • Analyzed profit and loss statements and income tax returns for eligibility and profitability.
  • Analyze documentation received such as Pay-stubs, Income Tax Returns, Bank Statements, etc.
  • Requested documents, such as income tax returns, bank account number, purchase agreements, and property description for verification.
  • Reviewed income tax returns for applicants who suffered losses due to disaster eligibility for a low interest rate residential mortgage.
  • Verified documents such as income tax returns, bank account numbers, purchase agreements, credit worthiness, etc.
  • Motivated clients to gather and return all required forms for filing including past income tax returns.

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32. Wire Transfers

low Demand
Here's how Wire Transfers is used in Loan Administrator jobs:
  • Cross-trained as backup, including wire transfers/foreign account reconciliation.
  • Verify all account information before processing wire transfers.
  • Conducted the opening of bank accounts, handled service issues and wire transfers for banking clients.
  • Posted Account Receivables for commercial customers via checks, general ledgers, and wire transfers.
  • Initiated the funding of all loan types through wire transfers and/or business and personal accounts.
  • Wire Transfers and Advances from accounts as requested from clients on a daily basis.
  • Processed loan disbursements, outgoing wire transfers, and commercial loan payments and/or pay-offs.
  • Supported loan administrators with loan documentation, filing and submitting wire transfers.
  • Processed updates, wire transfers, and documented closing information post close.
  • Processed credit line advances, P&I payments and wire transfers.
  • Prepared wire transfers and issued authorization to release funds for recording.
  • Send out wire transfers and process incoming ones.
  • Executed and received wire transfers.
  • Prepared and input wire transfers.
  • Calculated and processed applicable interests and fees Monitored and prepared incoming and outgoing wire transfers.

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33. Libor

low Demand
Here's how Libor is used in Loan Administrator jobs:
  • Gained proficiency utilizing LIBOR contracts.
  • Reviewed, analyzed and set interest rates (LIBOR, Prime) based on quarterly/annually real estate construction loans.
  • Analyzed and authorized all LIBOR and Prime funded loan requests and repayments submitted by client.
  • Provided and input the Daily Libor and weekly Federal Reserve Update Rate Sheets into our servicing software platforms.
  • Communicate with money market traders, and cash management on foreign exchange deals and daily Libor rates.
  • Created and renewed Libor/Euro priced loans according to the specifications of the agent banks and/or clients.
  • Set up new Libor contracts and performed required maintenance on all construction loans and Syndicated loans.
  • Monitor and respond to open delinquent items (LIBOR loans, Prime loans and LCs).
  • Completed libor rate resets by indicated rollover date and inputted into loan system.
  • Prime and Libor loan processing.
  • Process loan drawdowns, paydowns, and conversions under Prime and LIBOR.
  • Prepared funding sheet for libor and prime loans Set up new facility, amendment and renewal Process loan entries using ACBS system
  • number of outstanding Libor contracts, Libor periods, Libor pricing, financial reporting, insurance and other reporting requirements.)

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34. HUD

low Demand
Here's how HUD is used in Loan Administrator jobs:
  • Assist with title closing, reviewing title commitments or searchers for possible lien impairments; ensure HUD has all applicable fees.
  • Tracked the spending of Grant Funds given by HUD to construct and or rehabilitate housing for low to moderate income families.
  • Managed (8 employee's) inspection staff responsible for insuring that HUD guidelines were met based on occupancy.
  • Prepared closing documents, reviewed preliminary HUD-1, maintained schedule of closings, reviewed closing documents with borrowers.
  • Maintain compliance with policy and procedures as well as applicable legal and regulatory requirements FHA and HUD guideline.
  • Processed loan documents for new construction, HUD, cars, agriculture, and personal loans* Cash Handling
  • Review and approve closing documents, including, but not limited to, title commitment and HUD-1.
  • Reviewed and completed monthly default and exception reporting to Fannie Mae, Freddie Mac, and HUD.
  • Assisted in coordinating loans for closing, requested payoffs, balanced HUD for accuracy for the payoffs.
  • Assemble loan packages for HUD submission and other materials as dictated by deal flow.
  • Cleared title exceptions and prepare package for submission to HUD or VA for insuring.
  • Prepared correspondence, in house loan closure, forwarded HUD, and approved applications.
  • Prepared HUD-1a, Notes, Deed of Trust, upfront loan disclosures.
  • Responded to routine written and oral inquiries in accordance with HUD policies.
  • Conducted reviews of title commitments and HUD settlement statements for loans purchased.
  • Performed accounting functions tracking and processing HUD Mortgage Insurance payments and refunds.
  • Review the HUD-1/Closing Statement to ensure the accurate funding/disbursement of loan proceeds.
  • Reviewed and approved HUD-1 settlement statements for scheduled loan closings.
  • Reconciled HUD-1 and 1003 applications.
  • Ordered tax and social security transcripts, created HUD and VA binders, performed employment verifications.

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35. AFS

low Demand
Here's how AFS is used in Loan Administrator jobs:
  • Processed a total of 12-15 commercial loans per day on to the Automated Financial System (AFS) system.
  • Processed an average of 12-15 loans (above average) per day on to the (AFS) system.
  • Reviewed signed commercial and SBA loan documents, funded loans on Automated Financial System (AFS).
  • Input loan information in ACTION for boarding to the AFS System and process funding-disbursement requests.
  • Maintain the balancing of our home builders spreadsheet, AFS and CLCS system.
  • Review and book loans on Bank's financial accounting system (AFS).
  • Handled collateral through accurate booking on the Automated Financial System (AFS).
  • Performed loan set up for various types of commercial loans on AFS system.
  • Performed test to AFS system and native for the conversion of FRB.
  • Review attorney prepared documents for booking to the AFS System.
  • Utilized FiServe, AFS and Excel in portfolio maintenance.
  • Identify and input exceptions and collateral records on AFS.
  • Processed all payments as well as payoffs utilizing AFS.
  • Ensured accuracy of loan documentation and confirmed system of records are correctly populated on AFS system.
  • Used the Mainframe, AFS system, Stucky, A/P and A/R aging.

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36. Construction Draws

low Demand
Here's how Construction Draws is used in Loan Administrator jobs:
  • Administered and processed commercial and residential construction draws for a 50 million dollar construction portfolio based on approximately 25 loan relationships.
  • Compiled and examined documents required to effectively administer construction draws as delineated in underwriting guidelines.
  • Provided financial reports and performed administrative duties, clerical services and construction draws.
  • Process all construction draws/payment applications for residential and commercial loans submitted by the contractors on a monthly basis.
  • Liaised with State and Local Multifamily Bond issuers to ensure timely funding of construction draws.
  • Manage loan funding including advances, construction draws, payments and request for payoff demands.
  • Calculated disbursements for the construction draws, fees, and prepaid credits.
  • Maintained records so that construction draws could be disbursed timely.
  • Helped Relationship Administrator on construction draws, lien release work.
  • Reviewed construction line item budgets and approved construction draws.
  • Coordinated payment of interim and final construction draws.
  • Conducted on-site inspections for construction draws.
  • Disburse Construction Draws and Loan Funding.
  • Process construction draws and loan advances.
  • Analyze and disburses on construction draws.
  • Process and track construction draws.
  • Attend loan closings Process Construction Draws/Advances according to the corresponding budget.

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37. Payment Processing

low Demand
Here's how Payment Processing is used in Loan Administrator jobs:
  • Streamlined procedures for vendor payment processing, omitting duplication of efforts and payments, decreasing errors in expense reports and audits.
  • Utilize various computer programs that handle credit reporting, content management systems, and payment processing.
  • Evaluate assigned loans and coordinate payment processing.
  • Analyze draw requests and coordinate payment processing.
  • Analyzed and resolved overdraft reports, payment processing and credit verifications.
  • Funded loan upon closing; board loan schedules into system; account balancing/reconciliation; and payment processing.
  • Manage records while interfacing with clients * Evaluate assigned loans and coordinate payment processing.
  • Maintain client profile to ensure proper billing, payment processing and overall customer service.
  • Mortgage loan billing and payment processing Monitoring mortgage loan property taxes and insurance.

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38. Phone Calls

low Demand
Here's how Phone Calls is used in Loan Administrator jobs:
  • Assist in answering incoming telephone calls for senior management when necessary.
  • Assisted customers, answered telephone calls, and managed all credit files for a large commercial portfolio.
  • Accustomed to handling sensitive, confidential records and answer high-volumes of incoming phone calls.
  • Collected unpaid loans through workout group at year end through letters and phone calls.
  • Take inbound phone calls, assisting customers with various questions about their account.
  • Assist in overflow phone calls, filing and other office responsibilities.
  • Received visitors and phone calls and directed to correct staff members.
  • Make phone calls and send personalized emails.
  • General office duties (filing, faxing, copying, directing incomingphone calls.

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39. Environmental Reports

low Demand
Here's how Environmental Reports is used in Loan Administrator jobs:
  • Monitor systems and analyze appraisal and environmental reports.
  • Order and monitor quotes for appraisals, Transaction Screens and Phase I & II Environmental Reports.
  • Ordered appraisals, costing and environmental reports (and reviews).
  • Reviewed title reports and environmental reports for all closings.
  • Researched and analyzed data from vendors on Appraisals, Environmental Reports, and Title Insurance Commitments.

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40. Insurance Companies

low Demand
Here's how Insurance Companies is used in Loan Administrator jobs:
  • Assisted CFO / Executive Vice-President with enrollments of dealer customers' offshore domiciled reinsurance companies for making electronic estimated tax payments.
  • Processed and administered approximately 500 loans for dealer customers' offshore domiciled reinsurance companies.
  • Communicated with insurance companies to verity information and investigate and resolve discrepancies.
  • Collaborated with insurance companies to ensure perfection of collateral.
  • Update Insurance information including contacting Insurance companies for information.
  • Contacted insurance companies to verify patients benefits and eligibility.
  • Assisted CFO / Executive Vice-President with tracking dealer customers' shareholder dividends from their offshore domiciled reinsurance companies for 1099 reporting.
  • Created and implemented a process for notifying Insurance Companies when the bank no longer held an interest in their collateral.
  • Created letters of credit used for import and export trade by dealing with import/export insurance companies.
  • Conducted title reviews / requests for releases and write correspondence to clients / insurance companies.
  • Communicated with branch contacts, title and insurance companies to receive required documentation.
  • Default reporting to all mortgage insurance companies, and private investors.
  • File claims on damage loaner vehicles with various insurance companies.
  • Constantlycommunicated with the borrower and the insurance companies to insure a smooth transaction.

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41. Acbs

low Demand
Here's how Acbs is used in Loan Administrator jobs:
  • Monitored operations for representing office customer base, including posting of transactions to (ACBS) Advance Commercial Banking System.
  • Ensured process accuracy of new loan advances, principal, interest and fee repayments, and billing into ACBS System.
  • Processed all Loan Activity and CLO's within the bank's Lending Platform (MIDAS/Loan Manager & ACBS).
  • Input loan activities such as borrowings, repayments, renewals, conversion and fee applications via the ACBS system.
  • Serve as custodian for the scanning/archiving of daily work, processed on the ACBS Banking system via in-house system.
  • Input high 5 concentrations into ACBS, and generate verification letters to customer's debtors for field examiners.
  • Acted as back-up to Team Leader during absence, and was primary ACBS trainer for new staff members.
  • Managed the MIDAS to ACBS Loan Conversion project writing test scripts and mapping the general ledger.
  • Trained associates (interns) for ACBS program and loan IQ for loan servicing.
  • Career Overview Continued Assisted and aided in the MIDAS-to-ACBS Loan Conversion project; including ensuring transfer accuracy of loan information.

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42. Credit Agreements

low Demand
Here's how Credit Agreements is used in Loan Administrator jobs:
  • Reviewed credit agreements, accounts receivable, inventory, and other collateral to determine borrowing availability.
  • Review credit agreements to ensure pertinent information is reflected on system.
  • Mitigated risk by cross-referencing accounting data with corresponding credit agreements.
  • Reviewed loan credit agreements and guarantees for accuracy and completeness.
  • Reviewed and critiqued credit agreements.
  • Review and interpret Credit Agreements, restructure documents, Amendments, Credit Approvals, SAC Reports and related supporting documentation.
  • Read and interpret credit agreements, amendments, consents, waivers, and term sheets.
  • Read credit agreements for new deal closings, refinances, and amendments to existing deals.
  • Manage loan documentation, credit agreements, promissory notes and customer files.
  • Maintained an active knowledge of our responsibilities per the credit agreements.
  • Represent single point of contact for our client's credit agreements.
  • Pull details from signed Credit Agreements to apply on system.
  • Read, interpret and negotiate complex commercial loan credit agreements.
  • Resolved issues pertaining to changes made on credit agreements.
  • Analyzed Credit Agreements for borrower and lender compliance.
  • executed credit agreements, promissory notes and conditions precedent material etc).

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43. ACH

low Demand
Here's how ACH is used in Loan Administrator jobs:
  • Trained and supervised six new Loan Administrators/Customers Service Representatives; monitored performance ensuring that each achieved accuracy and customer relationship goals.
  • Balanced customer service goals with enforcement objectives to achieve a balanced relationship with the customer and Relationship Manager.
  • Processed faxes and emails by uploaded documents into applications respectively for a timely close of each application.
  • Interviewed loan customers and evaluated consumer loan applications to reach a credit decision.
  • Reviewed and verified collateral information of commercial loans to achieve the required volume.
  • Discussed loan decisions with correspondents to reach a beneficial decision.
  • Determined internal/external processing path for each loan documentation package.
  • Achieved operational and performance objectives.
  • Review 1003's, L TV's, credit application, and appraisals to ensure each loan meet secondary marketing guidelines.
  • Achieve full compliance with laws and regulations, adherence to BSA/AML and all other internal and regulatory compliance policies and procedures.
  • Arranged Issuance of Letters of Credit (L/C's) as fronting bank and reviewed the documentation for each L/C draw.
  • Reconcile cash by compiling data from tellers, verifying and balancing vault, coin machines, and, ATM's.
  • Transferred funds between sub-limits and balanced each sub-limit daily with commercial loan system (ABS System) and warehouse system.
  • Analyzed long and short-term financial budgets, risk, covenants, inspection reports and insurance required of each loan process.
  • Assisted in the entire loan process helping clients achieve their goal of obtaining a loan in professional and timely manner.
  • Assist Lenders and Bankers with wire transfers, posting payments, payoff letters, ACH transfers, disbursements to clients.
  • Organized and implemented marketing and community outreach events, including annual the Banker Appreciation Event for up to 50 people.
  • Content and procedures expert due to exemplary understanding of policies and procedures and ability to coach others through them.
  • Provided User Acceptance Training on new updates and systems to team and served as a mentor/coach to new associates.
  • Ensured correct combination of documents were prepared and received for each transaction to secure legal interests of the company.

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44. Ofac

low Demand
Here's how Ofac is used in Loan Administrator jobs:
  • Complied with regulatory requirements including the Bank Secrecy Act, OFAC, USA Patriot Act, and Community Reinvestment Act.
  • Order and review third party reports (UCC, OFAC, Certificates of Good Standing).
  • Ordered third party reports such as appraisals, titles, and OFAC information.
  • Pulled OFAC on all borrowers.
  • Process payments and advances, answer customer loan inquiries, prepare OFACs, and UCC searches.

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45. Freddie Mac

low Demand
Here's how Freddie Mac is used in Loan Administrator jobs:
  • Reviewed all the necessary documentation for completeness and accuracy as required by the agent Fannie Mae and Freddie Mac.
  • Audited case files to ensure that the resolution of loans, were completed in accordance with Freddie Mac policy.
  • Support training of new MLA's on all Freddie Mac (FM) procedures, protocols and systems.
  • Prepared monthly reporting to Fannie Mae and Freddie Mac on delinquent accounts through the website.
  • Updated Excel spreadsheets used for FREDDIE MAC and FANNIE MAE inspection and servicing requirements.
  • Negotiate account resolution and maintain constant lending updates and guidelines per Fannie Mae/Freddie Mac.
  • Coordinated mortgage paperwork and worked with large organizations including Freddie Mac and Fannie Mae.
  • Prepared real estate contracts for the sale of Freddie Mac REO properties.
  • Processed federally funded Fannie Mae and Freddie Mac refinances.
  • Complied with Freddie Mac and Fannie Mae regulations.
  • Prepare monthly FNMA and FREDDIE MAC Reports.
  • Order original loan documents from Freddie Mac, Fannie Mae and Ginnie Mae when loans are satisfied.
  • Related Skills and Certification Well versed with usage of Microsoft Office Understanding Fannie Mae and Freddie Mac Guidelines

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46. External Customers

low Demand
Here's how External Customers is used in Loan Administrator jobs:
  • Generate reports for internal and external customers for business performance monitoring and business decision making.
  • Managed and maintained commercial credit files and relationships with external customers.
  • Produced other reports as requested by internal and external customers.
  • Worked effectively with internal/external customers to establish timely closings.
  • Provided superior levels of service daily to internal/external customers, branches, attorneys, automobile dealers, and consumer finance staff.
  • Assisted Internal and External customers in the daily processing of indirect car loan and other related auto loan issues.
  • Liaised with internal and external customers over the phone, by mail and e-mail.
  • Updated data, and produced reports for internal and external customers.
  • Provide support to and correspond with various internal and external customers.
  • Attend internal and/or external customers by phone and/or at office.

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47. New Accounts

low Demand
Here's how New Accounts is used in Loan Administrator jobs:
  • Confirm new accounts on stock and bonds.
  • Acquisitioned new accounts & maintained and reactivated existing accounts.
  • Processed payments for letters of credit Established new accounts General office duties Customer Support
  • Create loan documents Process loan payments Manage escrow accounts Open new accounts
  • Opened new accounts for customers Cross Selling of Products Created positive customer experiences Managed collections through liquidation
  • Supervised customer service operations, audited new accounts and provided recommendations for general improvements.

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48. Laser Pro

low Demand
Here's how Laser Pro is used in Loan Administrator jobs:
  • Compiled all required documentation needed for closing of commercial and consumer loans utilizing Laser Pro Software.
  • Prepare loan documentation for all commercial loans using Laser Pro documentation system.
  • Assisted with administration of Laser Pro origination software.
  • Prepare Loan documents on Laser Pro System for Term Loans, Line of Credits, Consumer, Mortgages, etc.
  • Prepare all necessary loan documents on Laser Pro to be reviewed by Chief Credit Officer before signing with customer.
  • Create and prepare Commercial, Real Estate, Consumer loan documentation packages from Laser Pro software.
  • Prepare documents necessary on Laser Production Lending (LPL) and remote print to sales unit.
  • Assisted in migration of Laser Pro Dos Version to Laser Pro Windows version.
  • Prepared commercial loan documents for in house closings using the Laser Pro system.
  • Generate loan documents in Laser Pro in accordance with the approved Credit Authorization.
  • Prepare loan documentation using Laser Pro according to loan approvals.
  • Prepared client loan documents - using Laser Pro document system.
  • Prepare loan documentation for loan closing using laser pro.
  • Process Loan Documents on Laser Pro System.
  • Produce loan documentation using Laser Pro system.
  • Prepare loan documents on Laser Pro.
  • Prepare documents using Laser Pro Lending.
  • Train employees on the Laser Pro documentation software and how to board a loan on the banks software system.
  • Created loan documents in Byte and Laser Pro and uploaded loans into Fiserv.

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49. Customer Information

low Demand
Here's how Customer Information is used in Loan Administrator jobs:
  • Analyzed loan packages and verified all documentation & customer information supplied to ensure compliant funding of loan applications.
  • Verify and examine customer information, accuracy of loan application as well as closing documents.
  • Processed customer information forms, updated addresses, name changes and input customer identification.
  • Reviewed signature card agreement forms to ensure accuracy of customer information.
  • Maintained confidential customer information through data entry.
  • Retrieved basic customer information using database system.
  • Maintained extreme privacy of customer information.
  • Audited and Validated customer information and loan data to ensure due diligence and adherence to policies and procedures.
  • Perform searches Flood Cert, Secretary Of State, Property Lien Search, Customer Information Profile and UCC.
  • Prepared paperwork for operations to enter deal records, activity, and customer information into banks system.
  • Type the customer information into the Deed of Trust/Title Policy, and Escrow Accounts.
  • Verify customer information including trust agreement, corporate resolutions, lease agreements, etc.
  • Handle and respond to customer informational requests as well as maintain customer records.
  • Completed the data entry of customer information into the loan management system.
  • Input customer information into the system to prepare mortgage loan closing documents.
  • Followed strict guidelines to adhere to the bank s Customer Information Program.
  • Upload and verify all customer information.
  • Addressed and resolved customer product complaints Gathered and verified all required customer information for tracking purposes.
  • Created new loans Reconcile the Federal Bank Accounts Managed office documentation Updated customer information in the database Process payments for loans

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20 Most Common Skill for a Loan Administrator

Loan Portfolio39.2%
Loan Applications9.6%
Financial Statements6.8%
Ensure Compliance6.6%
Borrowers5.9%
Customer Service4.9%
Real Estate4.3%
Escrow3.3%

Typical Skill-Sets Required For A Loan Administrator

RankSkillPercentage of ResumesPercentage
1
1
Loan Portfolio
Loan Portfolio
34.1%
34.1%
2
2
Loan Applications
Loan Applications
8.3%
8.3%
3
3
Financial Statements
Financial Statements
5.9%
5.9%
4
4
Ensure Compliance
Ensure Compliance
5.8%
5.8%
5
5
Borrowers
Borrowers
5.1%
5.1%
6
6
Customer Service
Customer Service
4.3%
4.3%
7
7
Real Estate
Real Estate
3.7%
3.7%
8
8
Escrow
Escrow
2.9%
2.9%
9
9
Title Companies
Title Companies
2.1%
2.1%
10
10
UCC
UCC
1.9%
1.9%
11
11
Lenders
Lenders
1.8%
1.8%
12
12
Credit Reports
Credit Reports
1.7%
1.7%
13
13
General Ledger Accounts
General Ledger Accounts
1.6%
1.6%
14
14
Processing Loan Payments
Processing Loan Payments
1.5%
1.5%
15
15
Due Diligence
Due Diligence
1.3%
1.3%
16
16
Legal Documents
Legal Documents
1.2%
1.2%
17
17
Data Entry
Data Entry
1%
1%
18
18
SBA
SBA
1%
1%
19
19
Bank Products
Bank Products
1%
1%
20
20
Monthly Reports
Monthly Reports
0.8%
0.8%
21
21
Loan System
Loan System
0.8%
0.8%
22
22
Special Projects
Special Projects
0.7%
0.7%
23
23
Loan Agreements
Loan Agreements
0.7%
0.7%
24
24
Interest Payments
Interest Payments
0.6%
0.6%
25
25
Loan Advances
Loan Advances
0.5%
0.5%
26
26
Hmda
Hmda
0.5%
0.5%
27
27
State Regulations
State Regulations
0.5%
0.5%
28
28
Ensure Accuracy
Ensure Accuracy
0.5%
0.5%
29
29
FHA
FHA
0.5%
0.5%
30
30
Necessary Documents
Necessary Documents
0.5%
0.5%
31
31
Income Tax Returns
Income Tax Returns
0.5%
0.5%
32
32
Wire Transfers
Wire Transfers
0.5%
0.5%
33
33
Libor
Libor
0.4%
0.4%
34
34
HUD
HUD
0.4%
0.4%
35
35
AFS
AFS
0.4%
0.4%
36
36
Construction Draws
Construction Draws
0.4%
0.4%
37
37
Payment Processing
Payment Processing
0.4%
0.4%
38
38
Phone Calls
Phone Calls
0.4%
0.4%
39
39
Environmental Reports
Environmental Reports
0.4%
0.4%
40
40
Insurance Companies
Insurance Companies
0.4%
0.4%
41
41
Acbs
Acbs
0.3%
0.3%
42
42
Credit Agreements
Credit Agreements
0.3%
0.3%
43
43
ACH
ACH
0.3%
0.3%
44
44
Ofac
Ofac
0.3%
0.3%
45
45
Freddie Mac
Freddie Mac
0.3%
0.3%
46
46
External Customers
External Customers
0.3%
0.3%
47
47
New Accounts
New Accounts
0.3%
0.3%
48
48
Laser Pro
Laser Pro
0.3%
0.3%
49
49
Customer Information
Customer Information
0.3%
0.3%

22,304 Loan Administrator Jobs

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