Job Description 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.
