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Loan Processor
Americor Irvine, CA
$43k-54k (estimate)
Full Time | Consumer Services 8 Months Ago
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Americor is Hiring a Loan Processor Near Irvine, CA

At Americor, our mission is to provide families with the path to pursue their financial dreams. Whether we're helping Americans get out of debt or the local community through volunteer work, our employees care about others. This dedication to others sets Americor apart – not only as a company but as a family of employees to help each other grow personally and professionally. Recognized as a 'Top Place to Work' and 'Best Company' in customer service, quality, and value, we invite you to join our community of talented professionals.

This role is open to remote candidates and candidates within a commutable distance of our Irvine, CA, office. This role is non-exempt hourly and pays $18.00-$19.00 an hour, dependent on experience, plus bonus.

Primary responsibilities reviewing and verifying loan documents including but not limited to income, credit, and ensuring the information is complete, accurate and complies with company policies as well as meets underwriters' requirements. Other duties include entering information into our CRM, following up and communicating with both customers and loan consultants to obtain missing or updated documentation in order to process the loan file in a timely manner. Must be able to communicate clearly and effectively with multiple people, multitask, work in a team environment, and manage an assigned pipeline in order to meet closing expectations

Responsibilities:

  • Contact clients who have spoken to clients who now have reached the line of credit phase of the debt resolution program to explain the process and terms in detail.
  • Contact clients after loan consultant originates the loan file.
  • Requests required documents from the clients based on their current employment status for underwriting purposes.
  • Reviews documents to ensure they are acceptable and current.
  • Set up the file properly to be reviewed by Underwriting.
  • Request any additional documents required for approval.
  • Works closely with Negotiations and Payments Departments.
  • Audits files once the negotiation process is complete.
  • Reviews and sends final loan documents to clients.
  • Follows up with clients to answer any questions and ensure they have reviewed and sign the final loan documents in a timely manner.
  • Updates spreadsheets accordingly.

Requirements:

  • 1-2 years of Processing experience preferred
  • Outstanding customer service skills with the ability to de-escalate difficult situations calmly and effectively
  • Superior time management, multitasking and organizational skills; able to work under deadline constraints while completing work accurately and efficiently
  • Exceptional attention to detail, with the ability to accurately review large quantities of information and identify errors
  • Good judgment with a highly developed sense of integrity and ability to consistently adhere to company and department guidelines and accurately apply policies and procedures to various situations
  • Ability to thrive in a lively, team-oriented work environment, but also work well under minimal supervision
  • Flexible and adaptable with a positive attitude and a willingness to go above and beyond to get the job done
  • Technically savvy: Intermediate knowledge of MS Office programs, Intermediate computer literacy skills, quick and efficient typing skills
  • Self-motivated

Education:

  • High School Diploma or equivalent required
  • Bachelor’s Degree preferred, but not required

Company Benefits:

  • Opportunities for growth and advancement
  • Medical, Dental, and Vision
  • Pet Insurance
  • Company Paid Group Life / AD&D Insurance
  • Employee Assistance Program (EAP)
  • 401(k)/match
  • 7 Paid Holidays and 2 Floating Holiday Days to use at will
  • Paid Time Off
  • Flexible Spending/ HSA
  • Disability Insurance
  • Referral Program

Other Duties:

This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned to meet the needs of the organization.

Work Authorization:

Must be able to verify identity and employment eligibility to work in the U.S.

Americor is proud to be an Equal Opportunity Employer. Americor does not discriminate on the basis of race, color, gender, disability, veteran, military status, religion, age, creed, national origin, sexual identity or expression, sexual orientation, marital status, genetic information, or any other basis prohibited by local, state, or federal law.

We are an equal opportunity employer without regard to race, religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, perceived pregnancy, childbirth, breastfeeding, and any related medical conditions), gender, gender identity and expression, sexual orientation, transitioning status, national origin, ancestry, citizenship status, uniform service member status, military and veteran status, marital status, pregnancy, age, protected medical condition, genetic information, mental or physical disability, holding or presenting a driver’s license issued under Cal. Vehicle Code Section 12801.9, or any other category protected by applicable federal, state or local law.

Americor Funding, Inc. (the “Company”) has an internal recruiting department. Americor Funding Inc. may supplement that internal capability from time to time with assistance from temporary staffing agencies, placement services, and professional recruiters (“Agency”). Agencies are hereby specifically directed NOT to contact Americor Funding Inc. employees directly in an attempt to present candidates. The Company’s policy is for the internal recruiting team or other authorized personnel to present ALL candidates to hiring managers.

Any unsolicited resumes sent to Americor Funding Inc. from a third party, such as an Agency, including unsolicited resumes sent to a Company mailing address, fax machine or email address, directly to Company employees, or to the resume database will be considered Company property. Americor Funding Inc. will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume. Americor Funding Inc. will consider any candidate for whom an Agency has submitted an unsolicited resume to have been referred by the Agency free of any charges or fees.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Consumer Services

SALARY

$43k-54k (estimate)

POST DATE

08/19/2022

EXPIRATION DATE

09/21/2023

WEBSITE

americor.com

HEADQUARTERS

IRVINE, CA

SIZE

100 - 200

FOUNDED

1986

TYPE

Private

CEO

BANIR GANATRA

REVENUE

$10M - $50M

INDUSTRY

Consumer Services

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The job skills required for Loan Processor include Problem Solving, Financial Services, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Processor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Processor. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Loan Processor positions, which can be used as a reference in future career path planning. As a Loan Processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Processor. You can explore the career advancement for a Loan Processor below and select your interested title to get hiring information.

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If you are interested in becoming a Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Processor for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Loan Processor job description and responsibilities

A loan processor reviews loan applications before sending them to the underwriter for approval.

01/11/2022: Springfield, IL

A loan processor will constantly work with computers and other electronic devices.

02/23/2022: Harlingen, TX

Loan officers evaluate, authorize, or recommend approval of loan applications.

01/09/2022: Orange, CA

Loan processors have to request additional documentation that may not be readily available for an applicant, like bank statements from several months ago or past years’ tax documents.

01/08/2022: Memphis, TN

Not only do loan processors collect and organize all of the loan documents, but they also order and organize various third-party requirements.

03/12/2022: Grand Forks, ND

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Loan Processor jobs

Analyze applicant's financial status, credit, and property evaluation to determine the feasibility of granting the loan.

03/14/2022: Burlington, VT

Analyze potential loan markets to develop prospects for future loans.

01/23/2022: Cincinnati, OH

Approve the loan within specified time limits.

03/06/2022: Helena, MT

Communicate With Current and Potential Customers.

03/07/2022: Pensacola, FL

The most common types of unsecured loan are credit cards, student loans, and personal loans.

02/27/2022: Reading, PA

Step 3: View the best colleges and universities for Loan Processor.

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