Job Description
Description
Consumer Loan Processor – Job Description
Position Overview
The Consumer Loan Processor is responsible for reviewing, processing, and funding direct and indirect consumer loan applications while maintaining high service standards. This role ensures accuracy, compliance, and efficiency throughout the loan lifecycle and contributes to process improvements that enhance the overall member and customer experience.
Primary Responsibilities
+ Review loan applications and documentation for completeness and accuracy; prepare final loan packages for funding.
+ Enter and verify loan funding data in the loan origination system to ensure compliance with lending policies and procedures.
+ Disburse loan proceeds and perform required system updates and maintenance.
+ Issue required disclosures in accordance with Truth in Lending, RESPA, and other applicable regulations.
+ Use multiple systems to respond to inquirie...