Job Description
Our local credit union is expanding rapidly and we are seeking a diligent and detail-oriented Loan Processor to join our dynamic team. This role is critical in supporting our increased capacity to provide mortgage loans, managing documentation for both residential and commercial real estate. You will ensure all loan files are complete, accurate, and processed efficiently in compliance with banking regulations and internal policies. This is an excellent opportunity for a motivated individual to contribute to a highly productive team environment.
Your key responsibilities will include:
• Reviewing initial loan approvals and working directly with borrowers to collect all required financial and legal documentation.
• Preparing and compiling complete loan submission packages for the Underwriting department with accuracy.
• Submitting files to assigned underwriters and diligently satisfying all subsequent conditions received.
• Ensuring all loan approvals strictly adhere to established lending guidelines and regulations.
• Communicating professionally with various stakeholders, including attorneys, county clerks, and title companies, to facilitate the loan process.
Skill Requirement
The ideal candidate is highly organized, possesses a strong understanding of documentation compliance, and thrives in a structured, process-driven environment. Excellent communication skills and a keen eye for detail are essential for success in this role and for contributing to our team’s growth.
We require:
• A Bachelor’s degree is required.
• A minimum of 1 year of total work experience; relevant experience in loan processing, banking, or finance is preferred but freshers with strong academic credentials are also encouraged to apply.
• Proficiency in English, with strong written and verbal communication skills.
• Meticulous attention to detail and the ability to manage multiple loan files simultaneously.
• A foundational understanding of, or willingness to learn, banking regulations and mortgage lending processes.