Loan Processor

Loan Processor

Immediate need for a talented Loan Processor with experience in the Banking and Financial Industry. This is a 12+ Months Contract opportunity with long-term potential and is located in Richfield, MN.

Please review the job description below.

Key Requirements and Technology Experience:

• Orders all items necessary for loan file, i.e., insurance, flood certificates, good standings, title policies if necessary.
• Writes correspondence letters to borrowers, escrows/attorneys, title companies, insurance companies, etc.
• Works closely with title and attorneys and escrow companies to close deals efficiently and timely.
• Reviews preliminary title reports/title commitments.
• Prepares loan files for funding and boarding.
• Continually follows-up with Business Developments Officers to ensure clean and efficient loan closings.
• Follows-up with loan officers regarding completeness of loan conditions.
• Coordinates multiple files for closing concurrently, or within a short period of time.
• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Associate's degree (A.A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience.
• Ability to read and comprehend simple instructions, short correspondence and memos.
• Ability to write simple correspondence and e-mails with proper grammar and sentence structure.
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form.

Our client is a leading Banking and Financial Industry and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.