Loan Processing Officer

September 20, 2022
Urgent
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Job Description

Job Duties:

On a day-to-day basis, your specific duties will include, but not be limited to:

  • Data entry and completing Apply Online applications
  • Collecting and preparing financial information from clients
  • Ordering valuations, pricing and preparing as part of lodging client’s application
  • Collating and storing client files
  • Communicating with lender partners
  • Providing updates of milestones to clients
  • Assisting with credit solutions and assessing living expenses
  • General broker assisting duties
  • Assisting broker with packaging and lodging loan applications
  • Managing the loan process
  • Drafting and managing internal and external communications
  • Assessment of the borrower’s circumstances (Mortgage/Loan fact find forms interview) and affordability (verified by income documentation).
  • Gathering all the necessary documents required to assess home loan (Paystubs/ Payslip, Bank Statement etc)
  • Completing a lender application form or Need Analysis form
  • Submitting all documents to the lender.
  • Corresponding with applicants for necessary documents request
  • Keep up to date on the loan policies as well as regulatory requirements.
  • Maintain Record of all the home loan application
  • Client File Management, Compliance documentation, and daily office operation & admin covering tasks you normally expect in such a role – Data entry, Phone work, process improvement.
  • Primary focus Preparation of Home loan applications.
  • Support with Correspondence, and client communication.
  • Attention to detail is important supported by a strong work ethic the basis for success in this role
  • Follow the process of lending and reporting

To apply for this job you need to have a minimum of 2 years of experience in a similar role