Loan Processor

LOAN PROCESSOR

Job Summary: The Loan Processor must be a meticulous and detail-oriented individual to join our team.

This role is vital in ensuring the accurate and timely preparation of loan documents for our clients.

The ideal candidate will have excellent organizational skills, a keen eye for detail, and the ability to thrive in a fast-paced environment. The Loan Processor may also be tasked other duties as assigned by a Loan Operations Manager.

Responsibilities:

Non- Real Estate Loan Processing:

• Review all loan application supporting documentation and gather necessary information from the Loan Assistant.
• Prepare loan documents for non-real estate and real estate type loans accurately and efficiently in accordance with company policies and regulatory requirements.
• Verify the accuracy of loan documents and ensure all required information is included.
• Coordinate with loan officers, underwriters, and other stakeholders to resolve any discrepancies or missing information.
• Maintain knowledge of current lending regulations and ensure compliance with applicable laws and guidelines.
• Collaborate with internal teams to streamline document preparation processes and improve efficiency.
• Provide assistance and support to other team members as needed.

Booking - Data Entry:

• Input loan data into the company's loan management system accurately and efficiently.

• Verify the accuracy and completeness of loan documents and information before entry.

• Enter borrower information, loan terms, repayment schedules, and other relevant details into the system.

• Maintain the integrity and accuracy of loan data within the system.

• Update loan records as needed to reflect changes in borrower information, loan terms, or other relevant details.

• Ensure compliance with data security and privacy policies when handling sensitive borrower information.

Qualifications:

• High school diploma or equivalent; associate degree or certificate in a relevant field preferred.
• Previous experience in loan document preparation, mortgage lending, or a related field is highly desirable.
• Proficiency in using document preparation software and other relevant computer applications.
• Strong attention to detail and accuracy in document review and data entry.
• Excellent organizational and time management skills.
• Effective communication skills, both verbal and written.
• Ability to work independently and collaboratively in a team environment.
• Flexibility to adapt to changing priorities and deadlines.

Equal Opportunity Employer