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MN
Mid-Central National Bank
Loan Processor
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Based on Minnesota data
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What they do
A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.
$42,369 / year median in Minnesota
-28% projected decline
Job Description
Overview A Consumer Loan Processor plays a crucial role for financial institutions, ensuring that all necessary documentation for a loan file is gathered, verified, and organized efficiently. Duties Prepare documents for consumer and commercial loans. Review and validate borrower documentation to confirm accuracy and compliance with lending guidelines. Verify customer identity and account details to ensure secure transactions and prevent fraud. Participate in audits, account research, and other duties as required. Accurately input client information into loan processing software and meticulously maintain loan files. Address inquiries from clients in a timely and professional manner. Exceptional attention to detail, strong time management, and excellent customer service skills.