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Diversified Members Credit Union
Detroit, MI | Full Time
$41k-52k (estimate)
1 Week Ago
MINO Lending Solutions
Detroit, MI | Full Time
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Loan Processor
$41k-52k (estimate)
Full Time 1 Week Ago
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Diversified Members Credit Union is Hiring a Loan Processor Near Detroit, MI

Diversified Members Credit Union-Loan Processor
Diversified Members Credit Union is looking for a Loan Processor. Responsibilities to include, but not limited to; answer calls regarding loan products, assist members with the loan process, input all loan information into lending software, review and verify loan documents for accuracy, obtain credit reports, and close loan with member. Our loan processors must be able to accurately perform debt ratios and mathematical calculations and must have excellent communication skills. Knowledge of lending policies/procedures preferred. We are seeking friendly and outgoing people who are looking to make a difference. The successful candidate must be willing to work flexible hours and may be required to work at other branches, as needed. High school diploma or GED required, some college preferred. Please submit resume, cover letter and wage requirements. No phone calls.

Job Type: Full-time

Pay: $20.00 - $24.00 per hour

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Paid time off
  • Vision insurance

Work Location: Hybrid remote in Detroit, MI 48207

Job Summary

JOB TYPE

Full Time

SALARY

$41k-52k (estimate)

POST DATE

05/25/2024

EXPIRATION DATE

09/20/2024

Diversified Members Credit Union
Full Time
$36k-43k (estimate)
2 Days Ago

The job skills required for Loan Processor include Credit Reports, 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