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Loan Processor/ Adminstrative Assistant

Legacy Mortgage Loans Inc
Posted 4 months ago, valid for 23 days
Location

San Fernando, Los Angeles 91341, CA

Salary

$20 - $32 per hour

Contract type

Full Time

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Sonic Summary

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  • We are looking for an experienced Loan Processor to join our team, responsible for evaluating and processing loan applications.
  • The ideal candidate should possess a Bachelor's degree in finance, economics, or a related field, with previous experience preferred.
  • Key responsibilities include interviewing applicants, evaluating creditworthiness, and completing loan contracts while maintaining detailed records.
  • Strong communication and customer service skills, along with familiarity with lending practices and software, are essential for this role.
  • The position offers competitive compensation, with a salary range of $50,000 to $70,000, and requires at least 2 years of relevant experience.
Benefits/Perks
  • Careers Advancement Opportunities 
  • Flexible Scheduling
  • Competitive Compensation 
Job Summary
We are seeking an experienced Loan Processor to join our team. In this role, you will evaluate and process loan applications. Your responsibilities will include interviewing applicants to gather financial information, evaluating creditworthiness, and completing loan contracts. The ideal candidate has excellent communication and customer service skills and a deep understanding of current lending practices and regulations.
 
Responsibilities 
  • Interview applicants to gather financial information
  • Evaluate creditworthiness
  • Process loan applications
  • Set up debt payment plans
  • Report on financing decisions
  • Complete loan contracts
  • Assist clients in understanding the terms and conditions of their contracts
  • Maintain up-to-date knowledge of current financial services and types of loans
  • Keep detailed records for all accounts
Qualifications
  • Bachelor’s degree in finance, economics, or a related field
  • Previous experience as a Loan Processor is preferred
  • Familiarity with Microsoft Excel, databases, and loan processing and banking software
  • Knowledge of lending products and practices
  • Strong customer service and communication skills
  • Ability to perform in a goal-oriented environment



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