Loan Processor

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.