Commercial Loan Administrator Cover Letter

Commercial Loan Administrator Cover Letter

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15 Commercial Loan Administrator cover letter templates

What to include in a Cover Letter
1
Company Address
2
Salutation
3
Compelling Details
4
Respectful Closing

How to Write the Commercial Loan Administrator Cover Letter

4694 Agustina Mews
Valentinchester, SD 88559
Dear Justice Murazik,

I submit this application to express my sincere interest in the commercial loan administrator position.

Previously, I was responsible for day-to-day operational maintenance, support, and upgrades for desktop computers (multiple operating systems applications, and workstations), video teleconferencing, and Voice over Internet Protocol (VoIP) phone systems to the user base.

Please consider my qualifications and experience:

  • Proficiency in Microsoft Office products including Microsoft Word, Excel, Powerpoint and Outlook email program
  • Knowledgeable with Insurance Regulations and standard Bank construction insurance requirements, including but not limited to Flood Insurance and Builder's Risk Insurance
  • Familiarity with real estate appraisals
  • Experience with loan closings preferred
  • Typically requires a high school diploma or G.E.D
  • Construction draw knowledge is preferred
  • Computer literate, with proficiency in MS Office/Word/Excel/Access in the Windows environment
  • Manage the documentation review and loan closing process for commercial real estate loans

Thank you in advance for reviewing my candidacy for this position.

Sincerely,

Finley Will

Responsibilities for Commercial Loan Administrator Cover Letter

Commercial loan administrator responsible for systems administration, operational support & problem resolution for Linux based Applications & services with DevOps implementation practices;.

Excellent loan administration experience with knowledge of letters of credit, borrower based lending, multi-phased construction and multiple collateral properties
Interacts with clients, legal counsel, title companies, escrow companies, insurance agencies, government agencies, and other outside lending institutions to obtain information and/or request documents
Familiarity with standard construction forms and documents developed by the AIA and/or AGC, including contracts, schedule of values, change orders
Knowledgeable about reviewing and interpreting contractor payment requests such as AlA Documents G702 & G703 Applications and Certification for Payment and invoices
Knowledgeable about Title Insurance updates (Date Downs) and lien waivers/bonds
Advanced knowledge of loan policy and procedures related to specific areas of responsibility
Advanced knowledge of UCC collateral categories
Familiarity with banking and finance (some experience preferred)

Commercial Loan Administrator Examples

Example #1

Example of Commercial Loan Administrator Cover Letter

18485 Stehr Causeway
Piperhaven, WI 42855
Dear Oakley Legros,

In response to your job posting for commercial loan administrator, I am including this letter and my resume for your review.

Previously, I was responsible for support through the provision of Finance Systems expertise, and the resolution of queries being processed through the Finance Systems HelpDesk.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

  • Work directly with relationship managers (RM), along with the borrower, legal counsel, title companies, insurance agents, and vendors to ensure closing requirements are met and necessary due diligence is obtained
  • Review and comprehend complex loan documentation, loan terms and financial elements for accuracy and consistency with the Credit Approval
  • Identify potential risks and provide solutions
  • Prepare loan documents in accordance with credit approval and bank's requirements
  • Actively negotiate and coordinate loan documents with legal counsel
  • Confirm budget, escrow closing statement and bank settlement statements are in balance, ensuring fees and expenses are accounted for and outstanding items are identified
  • Extensive knowledge of commercial real estate loan closing processes and procedures, lending compliance and regulations, loan systems and loan documentation
  • Advanced knowledge of loan principles and processes

Thank you for taking your time to review my application.

Sincerely,

Indigo Murray

Example #2

Example of Commercial Loan Administrator Cover Letter

9974 Beier Rue
East Mirna, LA 66059-2709
Dear Campbell Barton,

I would like to submit my application for the commercial loan administrator opening. Please accept this letter and the attached resume.

In my previous role, I was responsible for primary Retailer support of SUPERVALU POS Host systems and applications to insure accurate and timely communication to the Retailer POS Pricing systems.

Please consider my experience and qualifications for this position:

  • Demonstrated organizational skills, a strong attention to detail and have fun
  • Prior experience with Enterprise! Loan Management System
  • Prior experience in commercial loan servicing
  • CLCS experience
  • Commercial background in lending and/or client support is preferred
  • Demonstrated organizational skills and a strong attention to detail
  • Working knowledge of rules, regulations and policies concerning banking services
  • Experience with complex computer systems or programs, or experience with Commercial Loan Systems ( LIQ)

Thank you for your time and consideration.

Sincerely,

Emerson Brown

Example #3

Example of Commercial Loan Administrator Cover Letter

8864 Bahringer Stream
East Rosario, LA 47555
Dear Shiloh Schuster,

I am excited to be applying for the position of commercial loan administrator. Please accept this letter and the attached resume as my interest in this position.

In the previous role, I was responsible for technical assistance in identifying, evaluating, and developing systems and procedures as they relate to the servers, systems and applications that are delivered.

My experience is an excellent fit for the list of requirements in this job:

  • Experience with loan closings or construction loans preferred
  • Assists lender with new loan requests for both existing and new borrowers to the Bank
  • Level II Commercial Loan Administrator accounts can vary, but typically capable of working more independently and of handling accounts of moderate size and complexity and/or moderate volume of accounts
  • Provides administrative support for Workout portfolio and serves as additional point of contact for internal and external customers
  • Serves as a resource for Commercial Loan Administrator I
  • Checks current tax and lien information, tracks financial statements and agency fees
  • Verifies evidence of insurance, requests updated financial information and prepares agency reports
  • Assists with managing portfolio risk by highlighting maturities, overdrafts and delinquencies

Thank you for your time and consideration.

Sincerely,

Tyler Konopelski

Example #4

Example of Commercial Loan Administrator Cover Letter

14079 Maisha Crescent
Port Kelly, RI 19107-4379
Dear Cameron Metz,

I am excited to be applying for the position of commercial loan administrator. Please accept this letter and the attached resume as my interest in this position.

In the previous role, I was responsible for excellent customer support to all staff on the use of the Year Up data systems and applications.

Please consider my experience and qualifications for this position:

  • May review loan documentation tickler system, clear ticklers in a timely manner to ensure data accuracy
  • May input necessary information into loan origination system to generate loan documents
  • Provides documentation and inquiry research support
  • Understand business loans, all applicable Federal regulations and requirements and commercial lending guidelines
  • AFS knowledge preferred
  • Working knowledge of rules, regulations and policies concerning banking services, particularly with commercial lending and related loan closing
  • Knowledge of LaserPro, HotDocs, or similar loan documentation systems preferred
  • Strong analytical, process, and people skills

Thank you in advance for taking the time to read my cover letter and to review my resume.

Sincerely,

Drew Frami

Example #5

Example of Commercial Loan Administrator Cover Letter

575 Mose Stravenue
Debraville, WA 05125-3566
Dear Landry Zboncak,

I am excited to be applying for the position of commercial loan administrator. Please accept this letter and the attached resume as my interest in this position.

In my previous role, I was responsible for operational support to Ingram's IaaS Partners enabling the growth of their business through providing training, best practices and guidance for navigating systems.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

  • Experience with commercial credit
  • Strong financial acumen - knowledge of loan documentation concepts
  • Previous banking operations or real estate experience
  • Previous experience with general office equipment & automated computer/software systems at an acceptable level of proficiency including systems associated with loan set-up, document preparation, construction draws, & accounting
  • Knowledge of basic accounting/bookkeeping fundamentals related to loan servicing, including a basic understanding of mathematics, debits/credits, account balancing and their relationship to a general ledger system
  • Knowledge of homebuilder finance (preferred) and/or commercial real estate lending including letters of credit, borrowing base lending, multi-phased construction, and transactions secured by multiple collateral properties
  • Title Review
  • Basic knowledge of accounting and data systems

Thank you for considering me to become a member of your team.

Sincerely,

Robin Hagenes

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