Loan Processor

Loan Processor

Key Responsibilities :

Review and verify loan applications and all accompanying documentation for completeness and accuracy.

Interact with loan officers, underwriters, and applicants to collect, organize, and review required documents.

Ensure all loan conditions are satisfied by gathering and evaluating credit, income, and asset information.

Track loan progress and maintain clear, timely communication with all stakeholders throughout the underwriting and approval process.

Identify and resolve discrepancies, missing information, or compliance issues quickly and efficiently.

Prepare files for submission to underwriting and ensure all required disclosures are issued properly.

Maintain up-to-date knowledge of loan products, underwriting guidelines, and regulatory requirements.

Ensure all loan files comply with federal, state, and company regulations.

Provide exceptional customer service while maintaining strict confidentiality of sensitive information.

Support other team members as required in a fast-paced environment.

Requirements :

Minimum of two years' experience as a Loan Processor or in a related banking or lending role.

Strong understanding of residential loan documentation and processing procedures.

Demonstrated ability to analyze and verify credit, income, asset, and collateral documents.

Excellent organizational, multi-tasking, and time management skills.

Strong communication and interpersonal skills, with a customer-focused attitude.

Proficiency with loan origination systems and standard office software.

Knowledge of applicable regulations (TILA, RESPA, TRID, etc.) preferred.

High school diploma or equivalent required; college coursework in business / finance is a plus.