Loan Processor

This will be a Direct Hire located in Columbia, MD. Looking for Entry-Level or Mid-Level candidates!

Duties:

• Perform initial appraisal of potential borrowers by thoroughly examining their applications
• Assess the credit standings of applicants through background research
• Interview applicants to evaluate their eligibility for loan or mortgage
• Conclude on all applicable financial and non-financial criteria and develop loan repayment plans
• Follow up with clients to clarify important points
• Give the “green light” to eligible candidates and report decisions with sound arguments
• Finalize loan contracts and keep clients informed in rules and obligations
• Remain up to speed regarding lending and other financial services
• Create and renew records
• Identify customer needs, explore all options and suggest different types of loans
• Cultivate trustworthy referral networks, suggest alternate channels and cross-sell products and services
• Forge trust relationships and enhance customer dedication
• Work within established regulations and adhere to law requirements at all times

Attributes:

1. Team Oriented – probably the most important attribute
2. Grinder/Gritty – Blue collar work ethic.  Going to get hit in the face and keep on going
3. Must be very organized
4. Empathetic and good interpersonal skills – Dealing with families making very serious financial decisions and need to be aware of that.  They wont always be in the best mood and super polite back.
5. Competitive