Loan Processor

Loan Processor Job DescriptionWe are currently looking for an experienced and well-organized loan processor to join our team. You will act as a liaison between our clients and lenders; you will also research credit scores, conduct evaluations, and prepare loan packages. Your duties will also include following up with clients on their application process and submitting applications to an underwrite. To be a successful loan processor, you must have great time management and decision-making skills. You should demonstrate an in-depth understanding of loan operations and know all the relevant rules and regulations. Our ideal candidate holds a bachelor’s degree in economics, accounting, or finance, has excellent communication skills, and is well organized. Loan Processor Duties & Responsibilities:Interviewing people and assessing their eligibility for loansFollowing up with clients on the application processSubmitting applications to an underwriterPrepare all documents for the loan packageResearch the client’s credit score and financial situationEstablishing client's needs and recommendationsFinding the right type of loan for clientsPreparing loan disclosures and maintaining all relevant paperwork for existing loansComplete all the loan contracts and inform clients of all the rules and regulationsLoan Processor Requirements:Previous work experienceWell-rounded knowledge of loan processes and closing proceduresComputer skills, knowing how to operate MS OfficeExcellent communication skillsGreat organizational skills and ability to multitask