Loan Processor

About the position

To assist Loan officers with the processing of the approved loans, providing clerical and administrative support needed to process and close member loans. Works closely with Loan Officers and members in support of documenting loans for underwriting and closing. Obtains, prepares, and organizes documents for loan files to meet product guidelines and underwriter stipulations. Processes approved loans and sets up dates and times to close the loan and make disbursements. Opens member accounts and has member sign appropriate documents. Files loan documents with the appropriate agencies. Identifies and takes action to improve the group's operating methods and procedures.

Responsibilities

• Assist Loan officers with processing approved loans.
• Provide clerical and administrative support for loan processing and closing.
• Work closely with Loan Officers and members to document loans for underwriting and closing.
• Obtain, prepare, and organize documents for loan files.
• Process approved loans and set up closing dates and disbursements.
• Open member accounts and ensure appropriate documents are signed.
• File loan documents with appropriate agencies.
• Identify and improve operating methods and procedures.

Requirements

• Provide professional, courteous, and prompt service to all members and team members through phone and email communications.
• Work with prospective borrowers to establish membership with Climb Credit Union when required.
• Produce and send initial loan disclosures within required time frames.
• Work with members and vendors to order, gather, index, and review required loan documentation.
• Prepare loan files for underwriting by interpreting product guidelines and ensuring all requirements are met.
• Work with branches and outside title companies to prepare and provide loan closing documentation.
• Develop, maintain, and demonstrate a working knowledge of credit union loan standards, policies, procedures, and applicable state and federal government rules and regulations.

Benefits

• Healthcare insurance
• Dental insurance
• Life insurance
• 401(k)
• Personal time off
• Employee discounts on loans and other perks