Loan Processor
Listed on 2026-09-24
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Finance & Banking
Mortgage Loan Originator / Advisor, Loan Officer / Lending, Loan Servicing
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Loan ProcessorFull Time Regular Full-Time Andalusia, AL, US
Salary Range: $31,928.00 To $42,764.80 Annually
Position Title:
Loan Processor
Supervisor:Executive Vice President Loan Administration
Pay Grade: 6
FLSA Status: Non-Exempt
Full Time
POSITION SUMMARY
This position is responsible for evaluating all information supplied on the mortgage loan application, verifies the validity of the information and assembles a completely documented file to Underwriting and Closing. Acts as the primary liaison between the loan officer, realtor, builder and customer(s).
ESSENTIAL ACTIVITIES
- Maintains knowledge of all policies and modifications to the guidelines and standards of the company.
- Maintains and updates loan application information within loan origination software and other applications.
- As applicable, orders appraisals, title, verifications, and any other items required for loan approval; conducts regular follow-ups with outside sources regarding outstanding documents.
- Verifies the data collected, analyzes, and decides whether it meets guidelines or if other documentation is needed; documents communication through the conversation log; ensures loan application is in compliance with investor guidelines.
- Possess skills to effectively communicate with management, lenders and customers.
- Perform other duties as assigned by management.
EDUCATION, SKILLS AND EXPERIENCE
- 4 year Degree (Preferred)
- 1+ year mortgage experience in recent loan processing.
- This position required strong communication (verbal and written), analytical and organizational skills.
- Demonstrates judgment and decision making ability.
- Proficient in Excel, Word, Outlook, with the ability to learn other mortgage-related programs.
PHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONS
- Ability to perform work utilizing a computer for extensive periods of time.
- Ability to perform work utilizing a calculator.
- Ability to grasp objects using fingers (fine motor manipulation).
- Ability to sit and stand for long periods of time.
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