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Company | MRV Banks |
Address | Ste. Genevieve, MO, United States |
Employment type | FULL_TIME |
Salary | |
Category | Banking |
Expires | 2023-07-29 |
Posted at | 10 months ago |
Job Title: Loan Processor (On-Site Position), Monday-Friday (8AM-5PM) and a rotating 5th Saturday
- -Provide regular updates on loan status and resolve any outstanding issues by collaborating with borrowers, loan officers, and loan coordinators.
- -Collect and verify all required documentation from borrowers, including income statements, tax returns, credit reports, and property information.
- -Compile and organize loan documents accurately, ensuring they are properly labeled, signed, and dated for submission to underwriters.
- -Maintain compliance with all applicable laws, regulations, and internal policies throughout the loan processing.
- -Review loan applications for accuracy, completeness, and compliance with lending guidelines and regulations.
- -Communicate effectively with loan officers, loan coordinators, and borrowers to obtain any missing or additional information necessary for loan approval.
- -Adhere to established timelines and meet deadlines for efficient completion of loan processing stages.
- -Keep precise records of all loan documents, correspondence, and activities in the loan processing system.
- -Analyze borrowers' financial information, including credit history, income, and assets, to assess loan eligibility.
- -Perform quality checks to ensure the accuracy and completeness of loan files before final submission for approval.
- -Ability to work in a fast-paced environment, meet deadlines, and handle high volumes of work.
- -Exceptional organizational skills to manage multiple loan files and prioritize tasks effectively.
- -Proficiency in MS Office Suite, and other relevant computer applications.
- -Strong attention to detail to ensure accurate and complete loan documentation.
- -Excellent written and verbal communication skills to interact effectively with various stakeholders.
- -Maintain strict confidentiality of sensitive borrower information.
- -High school diploma or equivalent
- -Bachelor's degree in finance, business, or a related field
- -Knowledge of loan types, lending guidelines, and regulatory requirements.
- -Previous experience in loan processing, mortgage lending, or a related field
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