Talent.com
Consumer Loan Processor
Consumer Loan ProcessorMass Bay Credit Union • Roxbury Crossing, MA, US
Consumer Loan Processor

Consumer Loan Processor

Mass Bay Credit Union • Roxbury Crossing, MA, US
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

Job Description

Job Description

  • This is not a remote position

Primary Function :

Under the supervision of the Department Manager, processes consumer loans on a timely and accurate basis and provides a consistently high level of quality service to members and potential members in the lending process. Prepares, analyzes, processes, and documents all required forms and documentation for consumer loan products. Provides member and departmental support for all aspects of consumer loan and consumer loan servicing within the Credit Union. Handles all member transactions with complete discretion and confidentiality. This is a Mid-Level position.

Essential Duties and Responsibilities :

  • Coordinates with consumer loan applicants in person, by phone and / or electronically and assists member in providing information, answering questions, and completing loan application.
  • Ensures that all members and potential members feel welcomed to the Credit Union and are supported professionally in the process.
  • Requests and reviews all required information and documentation to secure a consumer loan and researches discrepancies.
  • Interviews and originates potential consumer loan applicants for approval and / or denial.
  • Answers questions for members throughout the process. Explains the loan process to include loan options, insurance required on Credit Union loan products, loan policies, interest rates, payoffs, etc.
  • Prepares credit investigation and verification for related applications.
  • Verifies contents and completion of approved loan folders and inputs on the computer system.
  • Maintains a filling system and procedures to monitor that the required documentation is received in a timely manner and maintained appropriately and according to policies and procedures.
  • Closes approved loans; completes all necessary loan documents to close the file; and prepares payroll designation and all other related documents to bring to completion.
  • Processes daily mail payments for consumer loans, when assigned.
  • Informs members of Credit Union products and services, explaining features and benefits; cross-sells products and services when appropriate and within scope of responsibility.
  • Functions as needed to positions within the Loan Origination / Servicing Department as required.
  • Cross-trains and performs all positions within the Loan Department.
  • Responsible to maintain and control lending file folders.
  • Coordinates documentation and maintains up-to-date files.
  • Provides backup support for Lending Reception desk and related department mailings.
  • Attends training sessions upon request.
  • Adheres to the anti-money laundering policy and the Bank Secrecy laws.
  • Assumes other duties as new products, services, or technology are introduced.
  • Note : The above is a description of the ordinary and essential duties of the position. Other duties both related and unrelated to the above may be assigned and therefore required.

    Knowledge, Skills, and Experience Required :

  • Professional and pleasant interpersonal and communication skills are essential for servicing Credit Union members and projecting a positive image as representative for the Credit Union.
  • General knowledge of all Credit Union products and services as well as credit procedures (required).
  • Requires education equivalent to a four-year high school education. Proficiency with computer software applications including Word and system applications is required.
  • Two years of experience in a bank, Credit Union, or mortgage company (required).
  • Position requires the ability to read and understand oral and written instructions. Requires the ability to effectively communicate with members or employees and to solve day-to-day problems involving several variables in standard situations.
  • Intermediate mathematical skill required (adding, subtracting, multiplying, dividing, percentages, interest).
  • Disclaimer :

    The above information on this position has been designed to indicate the general nature and level of work performed by employees within its classification. It is not designated to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

    Job Posted by ApplicantPro

    [job_alerts.create_a_job]

    Loan Processor • Roxbury Crossing, MA, US

    [internal_linking.similar_jobs]
    Abercrombie & Fitch - Key Lead, MarketStreet Lynnfield

    Abercrombie & Fitch - Key Lead, MarketStreet Lynnfield

    Abercrombie and Fitch Stores • Lynnfield, MA, US
    [job_card.full_time]
    The company operates a family of brands, including Abercrombie & Fitch, YPB, abercrombie kids, Hollister and Gilly Hicks, each sharing a commitment to offer products of enduring quality and exc...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Rolling Engineering Application

    Rolling Engineering Application

    Specter Aerospace • Peabody, MA, US
    [job_card.full_time]
    Salary : Salary is based on experience $75k - 180k.A cover letter is required to discuss what type of role you are looking for and why we should consider creating this role for you.Specter Aerospace...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Loan Servicing Manager

    Loan Servicing Manager

    River Run Services LLC • Newburyport, MA, US
    [job_card.full_time]
    Newburyport Bank, Pentucket Bank, and Rollstone Bank and Trust.Together, we shape the evolution of community banking through innovation and strong partnerships, while preserving the personalized se...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Sr. Loan Servicing Associate - Acquisitions Servicing

    Sr. Loan Servicing Associate - Acquisitions Servicing

    Northeast Bank • Boston, MA, US
    [job_card.full_time]
    Northeast Bank is a full-service community bank and a national commercial real estate lender with offices in Maine, Massachusetts, New York, and California. We are looking for motivated and talented...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Mortgage Loan Originator

    Mortgage Loan Originator

    NextGen Mortgage • Boston, MA, US
    [job_card.full_time]
    Next Gen Mortgage is actively seeking experienced, licensed Mortgage Loan Officers to join our team as we manage a high volume of inbound business. We currently have an overwhelming number of compan...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Mortgage Loan Officer

    Mortgage Loan Officer

    Nextgen Mortgage Inc. • Haverhill, MA, US
    [job_card.full_time]
    Elevate Your Career in Mortgage Lending with Nextgen Mortgage!.At Nextgen Mortgage, we are more than just a lending institution. we are a catalyst for our clients' dreams of homeownership.Our m...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Senior Reliability Engineer

    Senior Reliability Engineer

    Rochester Electronics L • Newburyport, MA, US
    [job_card.full_time]
    Rochester Electronics is immediately hiring for a Senior Reliability Engineer!.At Rochester Electronics, we create an excellent employee experience focused on value, performance, motivation, recogn...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Inside Sales

    Inside Sales

    BSC Industries Inc • Canton, MA, US
    [job_card.full_time]
    In this customer-facing role, you will be the primary point of contact for both existing and prospective accounts, providing expert product knowledge and responsive service to meet a wide range of ...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Loan Servicing Representative II

    Loan Servicing Representative II

    Rockland Federal Credit • Canton, MA, US
    [job_card.full_time]
    We are looking for an experienced professional with a strong background in mortgage or real estate to join our team as a. This role requires a detail-oriented, proactive individual who thrives in a ...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Mortgage Loan Originator - Internal (Haverhill & Lawrence, MA)

    Mortgage Loan Originator - Internal (Haverhill & Lawrence, MA)

    BrightBridge Credit Union • Haverhill, MA, US
    [job_card.full_time]
    Join Our Team as a Mortgage Loan Originator - Internal.Location : Haverhill & Lawrence, MA Branches | Full-Time.Want to build a meaningful career helping members achieve homeownership at BrightB...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Mortgage Processor

    Mortgage Processor

    Cross Country Mortgage • Woburn, MA, US
    [job_card.full_time]
    Our top-producing team is in search of a Mortgage Loan Processor with experience in the lender model.If you love helping people and are driven to close loans quickly, we need to talk!.You’ll ...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Application Engineer

    Application Engineer

    Rexa, Inc. • West Bridgewater, MA, US
    [job_card.full_time]
    Application engineer to provides technical and customer service support to Rexa channel partners and customers directly.The incumbent will create complete quote proposals and supporting documentati...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Loans & Derivatives Onboarding Analyst

    Loans & Derivatives Onboarding Analyst

    G MASS • Andover, MA, US
    [job_card.temporary]
    Our client’s Networks group offers best-in-class technology and industry-leading practices to help firms manage risk, meet regulatory requirements, and streamline compliance.Their solutions p...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Senior Mortgage Originator

    Senior Mortgage Originator

    Pinnacle Mortgage Corp • North Andover, MA, US
    [job_card.full_time]
    Our mortgage professionals prioritize personalized attention, ensuring tailored financial solutions for purchasing a home, refinancing, or consolidating debt. Unlike larger nationwide mortgage firms...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Procurement / Buyer / Purchase Order

    Procurement / Buyer / Purchase Order

    BCForward • Boston, MA, US
    [job_card.temporary]
    BCforward is currently seeking highly motivated Procurement Contractor in Boston, MA 02116.Position Title : Procurement Contractor (Hybrid). Shift Timing : Monday - Friday 7.Duration : 06 months contra...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Senior Loan Processor

    Senior Loan Processor

    East Cambridge Savings Bank • Woburn, MA, US
    [job_card.full_time]
    Actual compensation for this role is commensurate with experience, skill set, and other qualifications.East Cambridge Savings Bank’s Lending Division is actively recruiting for a.Under the ge...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Consumer Lending Specialist

    Consumer Lending Specialist

    City of Boston Credit Union • Boston, MA, US
    [job_card.full_time]
    The Consumer Lending Specialist plays a vital role in supporting members with their consumer loan needs, including auto loans, personal loans, credit cards, and other unsecured lending products.Thi...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Product Manager, Buyer Network & Order-to-Cash

    Product Manager, Buyer Network & Order-to-Cash

    Spoiler Alert • Boston, MA, US
    [job_card.full_time]
    Spoiler Alert is a fast-growing Series A SaaS company on a mission to expand consumer access to affordable, everyday essentials by unlocking the value in surplus inventory.We've powered the sal...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]