Loan Processor job description
Example loan processor requirements on a job description
- Bachelor's Degree in Finance or related field.
- Minimum of two years experience in loan processing.
- Proficient in loan origination software and Microsoft Office applications.
- Knowledge of underwriting guidelines and lending regulations.
- Ability to analyze financial documents.
- Excellent communication and customer service skills.
- Strong attention to detail and problem solving skills.
- Highly organized and efficient.
- Ability to work independently and as part of a team.
- Ability to manage multiple tasks and prioritize workload.
Loan Processor job description example 1
Advancial Federal Credit Union loan processor job description
Department Hours are Monday - Friday 8am - 6pm central, rotating Saturday shift 9am-1pm. Shift may vary between these hours.
Pay range $16/hour - $20/hour based on relevant experience.
QualificationsHigh School degree or equivalent; and one-year relevant experience or equivalent combination of education and experience.
Advancial Federal Credit Union is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Equal Employment Opportunity Posters
Advancial Federal Credit Union participates in the Electronic Employment Verification process. Please click here for more information.
If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please complete the form below. If you'd like to view a copy of the company's affirmative action plan, please complete this form.
At Advancial, we always strive to provide the best service and products to our members because we love what we do. We work together to build a culture that promotes a positive employee experience. We've been named a Best Company to Work for in Texas for 11 consecutive years and a Best and Brightest Company to Work For nationally and locally because we're serious about building fulfilling careers and not just day jobs.
Advancial is one of the oldest and largest credit unions in the country. We are an established and proactive full-service financial institution providing personal, convenient and advanced financial services to individuals and select group partners. Our mission is to create lasting value for our members through superior service, quality products, and innovative solutions.
We invite you to learn more about this position and what Advancial has to offer by completing our online application.
Loan Processor job description example 2
RTN Federal Credit Union loan processor job description
Duties include, but are not limited to:
Processing Consumer Loan Applications - Unsecured and Secured Requesting documents needed Verifying information provided Reviewing credit reports Analyzing income and debts Preparing loans for decisions Notifying members of loan decisions Preparing loan documents for closings Setting up and disbursing loans on our Core System Performing Quality Control on loans Managing daily loan pipeline Assisting members with lending inquiries via phone and email-new and existing loans
Basic Qualifications:
High School Diploma or equivalent
Minimum Qualifications:
Candidate must be detail-oriented, possess strong written and verbal communication skills and have the ability to multi-task. Strong analytical and problem-solving skills a plus.
We offer a wide arrayof benefits including:
Health coverage through Blue Cross Blue Shield (77% employer paid). Free dental, vision, and group life insurance for full-time employees. Flexible Spending Account (FSA) allows for pre-tax contributions for qualified expenses. Annual employer contribution to the FSA for employees enrolled in our health plan up to $500 based on the plan selected. For those who already have health coverage up to $1,000 paid to you per year. Vacation, sick time, and personal days. Tuition reimbursement up to $4,000 per year. 401(k) match of 50% up to 6% of your 401(k) contribution including Roth 401(k). Monthly Profit Sharing contribution of 3% of employee salary into the 401(k) plan. Voluntary benefits include additional life insurance for self, spouse and dependents.
RTN Federal Credit Union offers a wide range of banking products and services and our staff is committed to providing excellent customer service. We "give back" through a variety of sponsorships, drives, and community events. Our work environment is fast paced and customer focused.
If you enjoy helping people and have the experience we seek, we'd love to hear from you.
RTN Federal Credit Union is an EEO employer - M/F/Vets/Disabled
Loan Processor job description example 3
Infinity Consulting Solutions loan processor job description
Talented, energetic, self-motivated individuals with proven leadership experience to drive our mission forward. This candidate will possess a provable track record of increasing responsibilities in previous roles with a serious bend to attention to detail. The new team member will demonstrate mastery of loan product guidelines, processing procedures, and regulatory compliance. The ideal candidate will have a history of making sound decisions under pressure and showing results in their work.
This role will be in office 4 days a week on Brickell (parking is paid for) and requires vaccination.
Full time role with Benefits
What you'll do:
- Drive company loan files to closing by coordinating all processes, paperwork, and regulatory requirements from initial setup to post- close.
- Analyze customer financial docs for accuracy and completeness.
- Perform income & asset calculations as per program guidelines to ensure underwriting approval.
- Working directly with the customer to fulfill loan approval
- Manage documents, rate lock, contract expiration dates, and other deadlines with the specific focus of minimizing jeopardy to the transaction and additional charges to the customer.
- Evaluate the accuracy and quality of initial and new application data and determine how each new data point will affect loan qualification metrics.
- Integrate newly uncovered information into loan files and effectuate new solutions as necessary to continue to drive the process to close.
- Meet or exceed key performance indicators established by the company for the role.
Qualifications:
- 2+ years of as Loan Processor or similar position.
- Bachelor's degree or equivalent
- Proven mastery of basic mathematic equations including converting decimals, fractions, percentages, and tolerances.
About Infinity Consulting Solutions
At Infinity Consulting Solutions our mission is to cultivate successful long term relationships with candidates and clients matching the right candidate with the right client. We believe technology cannot replace the real personal relationships we cultivate. We reject the notion that technology alone is the answer to staffing which is why we our successful partnerships rely on collaboration NOT automation. ICS has been providing flexible staffing solutions for over 20 years in Information Technology, Compliance, Accounting / Finance and Corporate Support. Our staffing solutions include Contract, Temp to Perm and Permanent Placement.
ICS is an Equal Opportunity Employer.