Loan Processor

JOB OBJECTIVE:

• Performs administrative functions such as facilitating the release of loan check and ensuring compliance of the borrower to loan documents/requirements.

DUTIES AND RESPONSIBILITIES:

• Informs the client regarding loan such as monthly amortization, deductions, penalties, net proceeds and documentation requirements prior to release of loan.
• Ensures that borrower/co-borrower/co-maker complies with the required documents prior to release of loan proceed.
• Verifies the completeness, validity and authenticity of all documents submitted by the borrower/co-borrower/co-maker.
• Facilitates signing of legal documents to borrowers/co-borrowers/co-makers such as Promissory Note (PN), Disclosure Statement (DS), Chattel Mortgage (CHM), and other document required.
• Tagging of released accounts and provides system generated printed copy of PDC list / Amortization Schedule to clients.

Prepares and submi...