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Entry Level Loan Processor (Recent College Grads Encouraged to Apply)

Latitude
Frederick , MD / Beltsville, MD
On-site
Full Time

Salary: USD50,000.00 - USD60,000.00

4
Moderate

Summary

Responsibilities

  • Collect and organize required documentation from loan applicants, such as income statements, tax returns, and credit reports.
  • Communicate with loan applicants, real estate agents, and other stakeholders to obtain additional information or clarify details as needed.
  • Enter and maintain accurate loan application information in the company's loan processing system.

Requirements

  • Strong attention to detail.
  • Excellent communication skills.
  • Ability to work efficiently in a fast-paced environment.

Benefits

  • Training provided to develop a comprehensive understanding of the mortgage loan process.
  • Entry-level position, no prior experience needed.
  • Salary range of $50,000 - $60,000 a year.

Apply Now

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Full Details of Job Post

Position Overview: 

The Entry-Level Loan Processor will assist in the processing of mortgage loan applications, ensuring all necessary documentation is collected, reviewed, and submitted in a timely manner. This role requires strong attention to detail, excellent communication skills, and the ability to work efficiently in a fast-paced environment. Training will be provided to help you develop a comprehensive understanding of the mortgage loan process. No experience needed, recent college graduates encouraged to apply.

Responsibilities:

    • Document Collection and Review:
    • Collect and organize required documentation from loan applicants, such as income statements, tax returns, and credit reports.
    • Review loan applications and documentation for completeness and accuracy.
    • Verify applicant information and ensure all necessary documentation is included.
    • Communication and Coordination:
    • Communicate with loan applicants, real estate agents, and other stakeholders to obtain additional information or clarify details as needed.
    • Coordinate with underwriters, loan officers, and other team members to facilitate the loan approval process.
    • Provide regular updates to applicants on the status of their loan applications.
    • Data Entry and Management:
    • Enter and maintain accurate loan application information in the company's loan processing system.
    • Track the progress of loan applications and ensure timely completion of all processing tasks.
    • Prepare and distribute loan documents for signatures and approvals.
    • Compliance and Quality Control:
    • Ensure all loan processing activities comply with federal, state, and company regulations and guidelines.
    • Conduct preliminary quality control checks to identify and resolve any discrepancies or issues.
    • Assist in preparing loan files for underwriting and final approval.
$50,000 - $60,000 a year

Apply Now

👉 Please mention that you found this job on CalmJobs, thanks!