6 Loan Assistant Jobs in Durango, CO
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Express Employment Professionals is Hiring a Loan Assistant Near Durango, CO
What is a Loan Officer Assistant?
A Loan Officer Assistant plays a vital role in the administrative upkeep of a loan office. As such, the duties of a Loan Officer Assistant cover the entire loan origination process, including managing paperwork and interacting with everyone involved to keep the process moving efficiently. They are also responsible for checking important loan details and requirements before submitting all documentation to the lender.
These professionals typically report to the organization’s loan officer or loan originator and must adhere to the federal and state tests and licensing requirements. They are also in charge of reviewing loan applications and completing administrative tasks for their organization.
Education Requirements
- GED
- Previous experience in the mortgage or loan industry is a plus
- State and federal tests for licensing
Loan Officer Assistant Essential Skills
- Analytical skills
- Computation skills
- Leadership abilities
- Written and oral communication skills
- Organization and prioritization
- Superb attention to detail
- Multitasking skills
- Problem solving
Loan Officer Assistant Roles & Responsibilities
- Serve as an ongoing point of contact for clients, helping them collect required information and complete any necessary documents throughout the loan process
- Assist and coordinate internal parties involved in the loan application process, including mortgage loan officers, underwriters, and realtors
- Gather information for new loan underwriting, including credit reports, tax filings, business entity searches, and title work
- Ensure loan documentation complies with federal and state requirements
Day-to-Day Duties
- Accept and review loan applications
- Answer clients’ questions
- File necessary paperwork
- Make initial contact and follow up with potential clients
- Manage closing paperwork and ensure proper filing
- Review delinquent accounts and attempt to collect debts
- Perform general office administration duties
Schedule
Monday - Friday 8am - 5pm.
$18.35 an hour.
#durango
Job Summary
Full Time
Business Services
$43k-53k (estimate)
03/24/2023
06/19/2023
expresspros.com
IRVINE, CA
>50,000
1983
Private
VIVIAN ATKINSON
$3B - $5B
Business Services
Related Companies
The job skills required for Loan Assistant include Leadership, Problem Solving, Attention to Detail, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Assistant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Assistant. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Assistant positions, which can be used as a reference in future career path planning. As a Loan Assistant, it can be promoted into senior positions as a Top Branch Administration Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Assistant. You can explore the career advancement for a Loan Assistant below and select your interested title to get hiring information.
If you are interested in becoming a Loan Assistant, 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 Assistant for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Assistant job description and responsibilities
Setting up commercial loan files, responsible for maintaining department files in an accurate and efficient manner.
03/29/2022: Binghamton, NY
Order required due diligence items (i.e. Appraisals, Environmental Reports, Property Inspections, Flood Searches and UCC searches)
02/16/2022: Cincinnati, OH
Prepare and review internal documentation for loan closings as needed.
05/09/2022: Biloxi, MS
Works with third-party professionals (attorneys, appraisers, inspectors, etc.) in order to close loans in conformity with approved terms and conditions.
02/12/2022: Olympia, WA
Reviews all loan documents prior to closing to ensure that they will cover the intended collateral and documentation of the borrower’s and guarantor’s obligations to the bank.
04/23/2022: Norwich, CT
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 Assistant jobs
Remain current on all pertinent consumer/agricultural lending and other financial institution-related laws and regulations.
03/08/2022: Kansas City, KS
Cover phone calls and customer meetings as necessary and keep manager informed of all activities within department.
04/02/2022: Mcallen, TX
Actively participate in training programs to maintain and acquire additional job knowledge and skills.
03/05/2022: Wichita Falls, TX
Update collateral values, as needed, on commercial and residential real estate loans.
03/16/2022: Lebanon, PA
Balance and maintain residential and commercial real estate construction loan file.
03/12/2022: Evansville, IN
Step 3: View the best colleges and universities for Loan Assistant.
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