Loan Processor

Company: Central Arkansas Workforce Development Area
Location: Greenbrier
Posted on: May 28, 2023

Job Description:

Job Description of Loan Processor:The Loan Processor will gather the necessary paperwork and documentation required for applicants to apply for a loan. Their duties include carefully reviewing mortgage applications to confirm that all essential fields have been filled out, organizing additional application materials and submitting applications on schedule.Duties and Responsibilities of Loan Processor:Collect and prepare all necessary documentation for the loan package.Research applicant credit status and current financial position.Prepare and maintain all paperwork for existing and new loans, including loan disclosures.Create repayment plans.Complete loan contracts and ensure clients are kept informed of the rules and requirements.Work with clients to establish their needs and recommend suitable types of loans.Submit files to the designated Underwriter.Conduct interviews to assess client eligibility for loans or mortgages.Ensure you comply with the established regulations and law requirements.Follow-up with clients to verify important information.Qualification & Requirements of Loan Processor:All hiring decisions are contingent on the selectee passing background check and drug screening.Must live within 30 miles of bank branch.Previous loan documentation experience for a bank or credit union, related industry experience, preferred, but not required.Must be computer literate with a high proficiency in MS Word and Excel. Must have working knowledge of web-based technology.High School diploma or GED required.College degree in related field preferredAbout the Central Arkansas Workforce Development AreaThe Central Arkansas Workforce Development Centers specialize in recruiting and placing skilled professionals in a variety of industries on behalf of employers in Central Arkansas. We help people find jobs and provide workforce solutions to businesses.CAPDD/Arkansas Workforce Center is an "equal opportunity employer/program," and "auxiliary aids and services are available upon request to individuals with disabilities." Arkansas Relay Service: 1- (Voice) 1- (TDD) or TDD 711.dsDqlUarzc

Keywords: Central Arkansas Workforce Development Area, Little Rock , Loan Processor, Other , Greenbrier, Arkansas