Loan Processor
Web ID: W8002
Classification: AccountingAdministrative - ClericalBanking
City: Wichita
State: KS
Compensation: $45,000.00 - $53,000.00 per year
Education: Bachelor's Degree or Equivalent Experience
Benefits: Comprehensive Benefits Package
Job Description: We are seeking a detail-oriented and motivated Loan Processor to join a dynamic team in the financial services industry. The ideal candidate will have a strong understanding of loan processing, underwriting, and mortgage servicing. This role involves evaluating loan applications, ensuring compliance with Fair Housing regulations, and facilitating the loan origination process efficiently.
Responsibilities
- Review and verify loan applications for accuracy and completeness.
- Conduct credit analysis to assess borrower eligibility and risk.
- Collaborate with loan officers to gather necessary documentation and information.
- Ensure compliance with TILA regulations and other relevant laws.
- Process loans from origination through closing, including escrow management.
- Maintain detailed records of all transactions and communications related to loan processing.
- Prepare contracts and other necessary documentation for loan approval.
- Utilize basic math skills for calculations related to loans and financial assessments.
- Perform 10 key typing for data entry tasks efficiently.
We are seeking a detail-oriented and motivated Loan Processor to join a dynamic team in the financial services industry. The ideal candidate will have a strong understanding of loan processing, underwriting, and mortgage servicing. This role involves evaluating loan applications, ensuring compliance with Fair Housing regulations, and facilitating the loan origination process efficiently.
Responsibilities
- Review and verify loan applications for accuracy and completeness.
- Conduct credit analysis to assess borrower eligibility and risk.
- Collaborate with loan officers to gather necessary documentation and information.
- Ensure compliance with TILA regulations and other relevant laws.
- Process loans from origination through closing, including escrow management.
- Maintain detailed records of all transactions and communications related to loan processing.
- Prepare contracts and other necessary documentation for loan approval.
- Utilize basic math skills for calculations related to loans and financial assessments.
- Perform 10 key typing for data entry tasks efficiently.
Job Requirements:
- Previous experience in loan processing or related roles within financial services is preferred.
- Familiarity with FNMA guidelines and underwriting processes is a plus.
- Understanding of mortgage servicing practices and procedures.
- Strong analytical skills with the ability to conduct thorough credit analysis.
- Knowledge of Fair Housing regulations and compliance requirements.
- Excellent organizational skills with attention to detail.
- Proficient in basic math, contracts, banking processes, and escrow management.
- Effective communication skills to liaise with clients, lenders, and team members.
- Previous experience in loan processing or related roles within financial services is preferred.
- Familiarity with FNMA guidelines and underwriting processes is a plus.
- Understanding of mortgage servicing practices and procedures.
- Strong analytical skills with the ability to conduct thorough credit analysis.
- Knowledge of Fair Housing regulations and compliance requirements.
- Excellent organizational skills with attention to detail.
- Proficient in basic math, contracts, banking processes, and escrow management.
- Effective communication skills to liaise with clients, lenders, and team members.