Logo
job logo

Loan Processor

Gold Star Mortgage Financial Group, Merrillville, IN, United States


Loan Processor – Job Description Position Title: Loan Processor

Title Grade: I (Junior) or II (Senior)

Reports to: Branch Manager or Branch Support

Department: Processing or Branch Manager Support

Status: Regular, Full-Time or Part Time

FLSA Status: Non-exempt

Pay Grade: Hourly Wage

Summary & Purpose Of Position The Loan Processor is responsible for providing timely customer service by proactively communicating with customers to obtain the necessary documents, ordering title work and other third party documents, and submitting loans to underwriting.

Primary Position-specific Responsibilities

Obtain missing documentation and/or corrections as necessary

Initiate the title work process

Initiate the appraisal process

Perform clerical functions

Stay abreast of changing company policy, mortgage regulations, laws, and generally accepted industry best practices, and be willing to take initiative to train and stay informed

Complete other duties as assigned

Essential Skills And Experience

High School Diploma or equivalent required

At least one (1) year of hands-on loan processing experience in the mortgage banking industry

Must have exceptional attention to detail and strong organizational skills

Must be dependable with meeting deadlines and managing time

Have an ability to work independently on multiple files simultaneously

Possess strong oral and written communication skills

Preferred Education/Experience

An Associate’s Degree or certification in finance, mathematics, accounting, or another equivalent field of study (Associates degree can be substituted for more than two (2) years of loan processing experience)

Previous experience with Encompass, a plus

REPORTING TO THIS POSITION No direct reports

PHYSICAL DEMANDS/ENVIRONMENT The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The environment is characteristic of an office setting with moderate noise levels. Individuals must be able to work flexible hours including evenings and weekends. While performing the duties of this job, the employee is regularly required to sit, use hands, and talk or hear. The employee is occasionally required to walk, and lift and/or move up to 20 pounds.

#J-18808-Ljbffr