RE Loan Administrator

Real Estate Loan Administrator

A Real Estate Loan Administrator supports several real estate lenders in underwriting, processing, loan documentation and customer service.

What You Will Be Doing

• Coordinating and assisting with the closings of commercial real estate loans. Assuring loans are closed in accordance with loan approval terms and according to Bank policies.
• Preparing loan documents, disbursements, demand/reconveyance checklist and files.
• Assisting loan officers and legal counsel in the preparations of loan documents. Collects, organizes and reviews Borrowers/Guarantor formation documents.
• Ordering Flood Certificates, Insurance and Flood insurance, as necessary. Preparing proper disclosure letter if in flood zone requiring flood insurance.
• Coordinating loan closing with the escrow and title companies. Calculating and preparing settlement statement. Calls in closing wire to Wire Department.
• Preparing boarding sheets and sends complete packets for boarding to the centralized credit administration department.
• Transitioning loan to another Real Estate Loan Administrator, if necessary.
• Verifying boarding information on CBS; prepares tickler for recorded documents, title policies, insurance and UCC and will follow-up on outstanding items.
• Answering inquiries from borrowers, title companies, escrow, insurance companies, etc.

The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to, prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the range below. The range is driven by the geographic location of our estimated hiring location; however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance. A reasonable estimate of the current hourly range is: Min: $36.00 Mid: $45.00 Max: $54.00

• High school diploma or general education degree (GED) required; Bachelor's degree from a four-year college or university in Finance or Business administration preferred
• A minimum of 3 to 5 years related experience to include 2 to 3 years as a Real Estate Loan Administrator; or equivalent combination of education and experience
• Proficient with personal computers in a Windows environment including Word and Excel are required; PowerPoint experience a plus
• An understanding of Real Estate Commercial Loan products, deposit products, as well as other bank products and services preferred
• Should be a self-starter along with an ability to work as a member of a team
• Preferred qualities will include a confidence to speak with clients regarding day-to-day issues and concerns

Be a part of a growing company that is truly committed to its employees and clients. Consider joining the First Bank family. As a member of our family, you are part of one of the largest independent banks in the U.S. We are proud of our growth and success over the past 100 years and look forward to a bright and promising future.

Diversity

At First Bank one of our biggest strengths is the diversity of our people. Our mission is to capitalize on the diversity of our associates and promote personal and professional development throughout every area of the organization. We encourage diversity by actively seeking employees from various backgrounds, walks of life, and job skills. We strongly encourage you to apply whenever a First Bank job opportunity interests you.

First Bank is a VEVRAA Federal Contractor and an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.

Attn: Applicants interested in a San Francisco based position: First Bank will consider qualified applicants with a criminal history in a manner consistent with the San Francisco Fair Chance Ordinance.

At First Bank, we embrace a hybrid work environment which allows employees to work at an alternative location depending upon the needs of their job and team. The in-office days are designed to inspire increased collaboration, development, productivity, and quick decision making.

Hybrid schedules should include at least two full days in the office with more or all in-office days expected of our client facing teams and the groups that support them in the business.