Loan Documentation Specialist
Job LocationsUS-PA-Perkasie
Job ID
2025-1863of Openings1Category
Loan Servicing OperationsOverviewResponsible for accurate and through preparation of commercial loan documentation for various types of commercial loans. Document Imaging, file retention, closed loan processing, mail teller.ResponsibilitiesLoan Processing
Review submitted requests for new commercial loans prepared by loan officers and processors to clarify and verify loan terms and rates.
Review proof of entity documentation, property and flood insurance and all other documents as necessary to ensure compliance with policies and procedures.
Prepare loan documents for new loans in accordance to the approvals
Prepare Commercial Change in Terms
Prepare Retail loan subordinations and satisfactions as needed
Verify Residential Loan Document prior to closing
Process New Loan Funding Requests and upload to Onbase
Process UCC Filings, Renewals and Terminations to ensure correct lien position
Process Fee payments associated with new loans
Perform Collateral Tracking, support management with collateral tracking by contacting title companies. Document recording information in DNA
Review monthly UCC report to process continuationsDocument Imaging
Prepare documents to be imaged. Ensure documents are of good scanning quality. Ensure all staples and paper clips are removed prior to scanning.
Scan Documents - Capture images electronically using high speed scanners.
Index documents - File images electronically, ensuring documents are able to be retrieved by end-users using key search fields.
Perform Onbase quality control to ensure all document pages are legible, formatted correctly and indexed appropriately.
Closed Loan Processing
Submit new HELOC mortgages for recording at the county level.
Prepare paid off loan mortgages and submit for satisfaction at the county level.
Return closed loan documentation to borrowers.
Prepare closed files for retention.
Process Matured Loan report
Process Zero Balance report
Act as backup to other department functions as times permits
Retrieve physical files as requested by Team Members
Complete department filing as neededQualificationsEducation and Experience
High School diploma or equivalent.
Two years of Banking experience
Experience with documenting commercial loans
Prior experience with Bank's documentation system(s) a plus
Skills and Competencies
Strong knowledge of lending terminology-retail and commercial
Strong knowledge /understanding of Loan Documentation including, loan notes, mortgages, UCC filings, property searches, flood and property insurance, proof of entity documentation.
Strong communication/organization skills.
Time management skills.
Working Conditions
Traditional office environment with the ability to work remotely on a hybrid basis; the office maintains five day a week operations (Monday - Friday) with operational hours of 8:00am - 5:00pm.
Physical Demands
Penn Community promotes an equal opportunity workplace, which includes reasonable accommodations of otherwise qualified disabled applicants and employees. Please contact Human Resources with questions regarding the physical demands of this position.
Lifting/carrying up to 20 lbs.
Manual dexterity for computer work
Speaking, hearing, and vision are required to perform essential functionsEqual Employment OpportunityIt is the policy of Penn Community to provide equal employment and advancement opportunities to all individuals. For this reason, employment decisions at Penn Community will be based on merit, qualifications, and abilities. Except where required or permitted by law, employment practices will not be influenced or affected by an applicant's or Team Member's race, color, religion, sex, national origin, age, sexual orientation, physical or mental disability, veteran status, or any other characteristic protected by law.