Senior Loan Processor

Senior Loan Processor Job Description Template

Our company is looking for a Senior Loan Processor to join our team.


  • Must be able to complete their daily tasks with speed and accuracy;
  • Verifying and analyzing financial information and documentation provided by borrower to satisfy underwriting conditions;
  • Maintain knowledge of the different loan programs and the corresponding processes to be fulfilled in the system;
  • Working knowledge of the loan closing process;
  • Process loan applications from the beginning to the financing, striving to obtain approvals in the shortest possible time;
  • Maintain a loan portfolio with an emphasis on customer service, quality, precision and efficiency;
  • Collect and submit the credit report and application documentation (F-1003) in a timely manner for loan approval;
  • Ensure compliance with the goals and budget defined by the company, as well as analyze the actions to be taken in cases of non-compliance;
  • Avoid delays and confusion during the process of exchanging information with the parties linked to the loan;
  • Hold periodic meetings with the head of the area in charge to report the results of their management and the status of the loans;
  • Document and prepare a folder backed by the documents collected during the loan management (digital and physical);
  • Ability to order and obtain third party information associated with the processing of the loan;
  • Streamline operations management, in the event of any impediment or delays in responses by the client and / or lender;
  • Review loan agreements to ensure they comply with current state and federal regulations, as well as the initially stipulated deadlines;
  • Have knowledge of the credit products, applicable in each case, as well as the rules, regulations and required documentation of the industry.


  • Willing to commit to 40 plus hours per week in the office;
  • Ability to multitask and still maintain excellent customer service;
  • Proficient in Calyx Point Software, Excel, and Outlook;
  • Experience in working with multiple wholesale investors;
  • Complete understanding of the disclosure process and all compliance;
  • Proficient in analyzing all income, asset and credit documentation;
  • BA/BS degree highly preferred, but not required;
  • Strong written and verbal communication skills;
  • Academic background in areas such as finance, credit management, real estate market and related areas;
  • Proficiency in at least two languages (English, Spanish or Portuguese preferably);
  • Capacity and experience in handling EnCompass;
  • Have held similar positions for 5 years or more;
  • Corporate Training;
  • Market management and mortgage loan terms.