Loan Processor

What they do

• 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.
• Create repayment plans.
• Complete loan contracts and ensure clients are kept informed of the rules and requirements.
• Work with clients to establish their needs and recommend suitable types of loans.
• Submit files to the designated Underwriter.
• Conduct interviews to assess client eligibility for loans or mortgages.
• Ensure you comply with the established regulations and law requirements.
• Follow-up with clients to verify important information.

Qualifications

• Bachelor's degree in Finance or relevant field.
• A minimum ofyears' experience as a Loan Processor or similar role.
• In-depth knowledge of closing procedures, loan processes, and documentation.
• Good understanding of banking computer software and MS Office.
• Excellent interpersonal and communication skills.
• Good multitasking abilities with outstanding time management skills.