Loan Processor

Job Description

Job Description

We are a professional staffing firm, working with organizations across the country to place exceptional candidates. Currently, we have a Loan Processor opportunity with an established and reputable Credit Union.

The Loan Processor is responsible for the specific duties listed below.

Your specific duties will include:

• Review loan files upon receipt, prepare needs lists, and ensure receipt of all documentation necessary to prepare the loan file for underwriting.
• Confirm that the borrower’s information on all documents is complete.
• Track orders for appraisals, title commitments, Phase I environmental reports, operating statements, credit reports, and any other documents required for processing the loan.
• Prepare loan documents and forward them to escrow for closing.
• Review preliminary title reports and work with the title account officer to resolve any issues.
• Manage the loan process to meet closing timeline expectations and requirements.
• Complete review of executed loan documents; disburse loan proceeds and prepare boarding sheets.
• Audit files for documentation completeness, accuracy, and proper disbursement of fees.
• Follow up with the Loan Officer, broker, or member as required for file completion.

Required qualifications for the position include:

• High School Diploma, G.E.D., or equivalent is required.
• A minimum of three years of real estate loan processing and funding experience is required.
• Experience in real estate originations, servicing, and/or closing may substitute for commercial processing experience.
• Community banking experience.
• Strong computer skills with intermediate proficiency in Microsoft Excel and Word are required.

Preferred qualifications for the position include:

• College coursework in accounting or finance is preferred.
• Knowledge of SBA 7(a) and 504 loans is helpful.
• Experience with LaserPro (including LaserPro SBA), Servicing Director, and Symitar is preferred.

Pay Rate Range : $26.00- $32.00 an hour

Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Employees have access to healthcare benefits including medical, dental and vision as well as a 401(k) plan.

Let one of our recruiters assist you in finding and preparing for interviews with our clients. Whether you are interested in a direct hire, temp-to-hire, or temporary position, Workway can help you to put your best foot forward. Contact us today!

Workway, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations and ordinances. 

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Workway was created specifically to service the hiring needs of banks, credit unions, mortgage, and related financial services firms. A well-established, trusted name in the financial industry, we are known not only as the staffing service of choice for employers, but also as a reliable, well-connected place for our employees to find great job opportunities. For our clients, this means that we have an extensive referral database that has been built over the years by satisfied employees.

Company Description

Workway was created specifically to service the hiring needs of banks, credit unions, mortgage, and related financial services firms. A well-established, trusted name in the financial industry, we are known not only as the staffing service of choice for employers, but also as a reliable, well-connected place for our employees to find great job opportunities. For our clients, this means that we have an extensive referral database that has been built over the years by satisfied employees.