Consumer Loan Processor performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Being a Consumer Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Consumer Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Consumer Loan Processor works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Job Title: Loan Processor
Job Summary: The Loan Processor is responsible for managing and processing loan applications from initial submission to final approval. This role involves reviewing borrower information, verifying documentation, and coordinating with internal and external stakeholders to ensure accurate and timely loan processing.
Responsibilities:
Application Review:
Document Verification:
Communication:
Data Entry and System Management:
Guidelines Adherence:
File Preparation:
Problem Solving:
Timely Processing:
Quality Control:
Customer Service:
Qualifications:
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0 Consumer Loan Processor jobs found in Baltimore, MD area