Consumer Loan Processor
Consumer Loan Processor
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Salary Not Disclosed
1 Vacancy
Job Description
Job Role : Consumer Loan Processor
Requirements below:
Overview
We are seeking a detail-oriented and motivated Loan Processor to join our dynamic team. The ideal candidate will play a crucial role in the loan origination process by ensuring that all necessary documentation is collected reviewed and processed efficiently. This position requires strong analytical skills and a thorough understanding of financial services underwriting and mortgage servicing. If you are passionate about helping clients navigate their loan options and possess the necessary qualifications we encourage you to apply.
Responsibilities
- Review and verify loan applications for accuracy and completeness.
- Gather necessary documentation from borrowers including income verification credit reports and asset statements.
- Process loans in accordance with FNMA guidelines and TILA regulations.
- Collaborate with loan officers to ensure timely communication with clients throughout the loan process.
- Prepare loan files for underwriting ensuring all required information is included.
- Manage escrow accounts and coordinate with third-party vendors as needed.
- Maintain accurate records of all transactions and communications related to the loan processing.
- Address any issues or discrepancies that arise during the processing phase promptly.
Qualifications
- HS Diploma/GED Required
- Proven experience in loan processing or a related field within financial services.
- Familiarity with underwriting processes and mortgage servicing is preferred.
- Strong knowledge of FNMA guidelines and TILA regulations.
- Excellent mathematical skills for accurate data analysis and calculations.
- Ability to work independently while managing multiple tasks effectively.
- Strong attention to detail with exceptional organizational skills.
- Excellent communication skills to interact professionally with clients and team members.
- Previous experience as a loan officer is a plus but not required.
Employment Type
Full-time
