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1 LOAN PROCESSOR Job in Altlanta, GA

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Credit Union of Atlanta
Altlanta, GA | Full Time
$37k-46k (estimate)
0 Months Ago
LOAN PROCESSOR
$37k-46k (estimate)
Full Time | Banking 0 Months Ago
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Credit Union of Atlanta is Hiring a LOAN PROCESSOR Near Altlanta, GA

Description

 The primary function of the Loan Processor is to ensure the timely and accurate funding of all loans originated by our loan officers while also performing a variety of support duties related to the lending function within the Credit Union. 

Requirements

Duties and Responsibilities:

§ Gather and prepare necessary documents to fund approved loans within set time standards.

§ Examines documents to ensure accuracy and compliance with existing underwriting guidelines and stipulations

§ Prepare and submit documents for new and existing Visa credit cards

§ Prepare and process loan payoffs and Letters of Guarantee

§ Assist members and employees with basic questions regarding lending services.

§ Prepare adverse action and subsequent action forms as needed

§ Cross-sell auxiliary loan products including, but not limited to, GAP, Extended Warranty, Credit Life, and Credit Disability insurance

§ Cross-sell credit union services

§ Assist with Member Services when needed

§ Assist in all other areas as needed

QUALIFICATIONS:

EDUCATION: High School graduate; some secondary education preferable.

OTHER: Good interpersonal skills.

Some Computer skills, (MS Word or Word Perfect, Excel, Outlook).

Organization and problem-solving skills

Time Management skills and the ability to meet deadlines

Positive attitude

CERTIFICATIONS, LICENSES, REGISTRATIONS:

Must be able to obtain Credit Insurance and NMLS licenses.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$37k-46k (estimate)

POST DATE

05/26/2022

EXPIRATION DATE

05/29/2024

WEBSITE

cuatlanta.org

HEADQUARTERS

ATLANTA, GA

SIZE

25 - 50

FOUNDED

1928

TYPE

Private

CEO

TARRA JACKSON

REVENUE

<$5M

INDUSTRY

Banking

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The job skills required for LOAN PROCESSOR include Underwriting, Time Management, Problem Solving, Loan Review, Financial Services, Life Insurance, 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.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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