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Processes and administers existing loans in two or more of the following areas: Installment, commercial, and mortgage loans. Records new application and loans. Duties /
F
First & Farmers National Bank, Inc.
Loan Processor
Career Insights for Loan Administrator / Manager
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Scorecard
Based on Kentucky data
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What they do
A Loan Administrator or Manager services a loan once it has been agreed. Sends monthly bills to the loan recipient. May also maintain payment records and monitor compliance with the loan agreement.
$52,103 / year median in Kentucky
-8% projected decline
Job Description
Description:
Responsible for processing, administration and closing of loans. Assists loan officers with activities such as extension of loans, ensuring that loan files contain proper documentation, updating loan data, scanning and computer data entry.Processes and administers existing loans in two or more of the following areas: Installment, commercial, and mortgage loans. Records new application and loans. Duties /