Loan Processor

Job Description

Responsibilities:

Collect and prepare all necessary documentation for the loan package.

Research applicant credit status and current financial position.

Prepare and maintain all paperwork for existing and new loans, including loan disclosures.

Complete loan contracts and ensure clients are kept informed of the rules and requirements.

Submit files to the designated Underwriter and/or Board.

Conduct interviews to assess client eligibility for loans or mortgages.

Ensure you comply with the established regulations and law requirements.

Follow-up with clients and third parties to verify important information.

Verify documentation for completion and accuracy.

Request and review third party documentation such as appraisals, evaluations, title work, insurance, etc...

Requirements:

Bachelor’s degree in finance or relevant field is preferable.

A minimum of 2 years’ experience as a Loan Processor or similar role.

In-depth knowledge of closing procedures, loan processes, and documentation.

Good understanding of banking and mortgage computer software and MS Office.

Excellent interpersonal and communication skills.

Good multitasking abilities with outstanding time management skills.

Full-time