Loan Processor (Entry Level) (Walkersville) Job at latitude, Walkersville, MD

UlRSMlQ0QnFJM3JiRlN4alk1Wk0xeWdLU3c9PQ==
  • latitude
  • Walkersville, MD

Job Description

Loan Processor (Entry Level)

Job Title: Entry-Level Loan Processor

Location: Walkersville, MD

Employment Type: Full-Time

Job Summary:

We are seeking a motivated and detail-oriented Entry-Level Loan Processor to join our dynamic team. This position is ideal for individuals looking to start their career in the financial services industry and gain hands-on experience in loan processing. The successful candidate will assist in the preparation, documentation, and review of loan applications to ensure timely and accurate processing. Training will be provided.

Key Responsibilities:

Application Review: Assist in the initial review of loan applications to ensure completeness and accuracy of required information and documentation.

Document Verification: Verify applicant information by contacting appropriate sources to validate employment, income, assets, and other pertinent details.

Data Entry: Accurately input and update loan application data into the company's loan processing system.

Customer Interaction: Communicate with applicants to request additional information or documentation as needed. Provide updates on application status.

Compliance Adherence: Ensure all loan processing activities comply with regulatory requirements, company policies, and procedures.

File Preparation: Prepare loan files for underwriting by compiling and organizing all required documents.

Coordination: Coordinate with loan officers, underwriters, and other team members to facilitate efficient loan processing and approvals.

Problem Resolution: Identify and resolve issues that may cause delays in the loan processing timeline.

Quality Control: Conduct quality control checks to ensure the accuracy and completeness of loan files before submission.

Reporting: Generate and review reports on loan application statuses and processing timelines.

Qualifications:

Education: High school diploma or equivalent required; Associate's or Bachelor's degree in finance, business, or a related field is preferred.

Experience: Previous experience in a customer service or administrative role is beneficial but not required. Training will be provided.

Skills:

Excellent attention to detail and organizational skills.

Strong communication and interpersonal skills.

Proficiency in Microsoft Office Suite (Word, Excel, Outlook).

Ability to multitask and prioritize work in a fast-paced environment.

Basic knowledge of loan processing and financial services is a plus.

Other Requirements:

Ability to pass a background check.

Willingness to learn and adapt to new tasks and responsibilities.

Working Conditions:

Environment: Office setting with standard working hours. Some overtime may be required based on workload.

Physical Demands: Sitting for extended periods, occasional lifting of up to 20 pounds, and frequent use of computer and telephone.

Benefits:

Competitive salary with opportunities for performance-based bonuses.

Comprehensive health, dental, and vision insurance plans.

Retirement savings plan with company matching.

Paid time off, including holidays and vacation.

Training and professional development opportunities.

$50,000 - $60,000 a year

Job Tags

Full time, Part time, Work at office,

Similar Jobs

Purple Cow Recruiting

Veterinary Emergency Physician Job at Purple Cow Recruiting

 ...Job Description Job Description Description: Required Experience: 0 Years Full Job Description: Veterinary Emergency doctors treat each patient using a problem-based approach to create a diagnostic and therapeutic plan and perform emergency procedures. They... 

Pilgrim's

Poultry Plant Worker Job at Pilgrim's

 ...SCHEDULED. ESSENTIAL DUTIES & RESPONSIBILITIES: Ability to work in cool temperatures (around 40 degrees) Ability to stand and use hands for 8-11 hours per day Ability to multitask and work quickly Must be a team player and be willing to work close to other... 

Thomas More University

Full Time Public Safety Officer Job at Thomas More University

 ...communication skills, problem solving and critical thinking, and attention to detail and observation to be an on-site Full Time Public Safety Officer . About Us: At Thomas More University, we are committed to providing a Catholic education that goes beyond academics,... 

HDR

Senior Electrical Power Engineer (San Diego) Job at HDR

 ...Join to apply for the Senior Electrical Power Engineer role at HDR . Overview The HDR Power Generation team is growing to meet strong demand for utility-scale power and renewable energy projects. The Senior Electrical Power Engineer will lead design projects that... 

Aero Gear, Inc.

CNC Lathe Machinist - 1st Shift - (1146) Job at Aero Gear, Inc.

 ...Job Description Job Description The Company Aero Gear is a global supplier of aerospace gears and gearbox assemblies to top OEMs such as Pratt & Whitney, GE, AVIO, Collins, Rolls Royce and Sikorsky. The company was founded in 1982 and has grown over the years through...