Loan Processor

Job Description

Job Description

We are searching for an experienced and highly-analytical loan processor to conduct assessments of business and individual loans. You will act as the liaison between potential clients and our growing financial institution, conducting client evaluations, researching credit records, and preparing loan package documentation.

In this position, your chief goal will be to help eligible applicants obtain loans in a timely and professional manner while protecting our institution's credibility. The successful candidate will demonstrate an in-depth knowledge of relevant rules and regulations. You should also have strong attention to detail with excellent communication and interpersonal abilities.

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.
• 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.

Requirements :