Job Description

A loan processor reviews, verifies, and processes loan applications, acting as a crucial intermediary between borrowers and lenders. They gather and analyze financial information, ensure accuracy and completeness of loan documentation, and facilitate the loan approval process, ultimately contributing to the efficient and compliant flow of loan applications. Key Responsibilities:

Application Review and Verification:

Examine loan applications and supporting documents to ensure accuracy, completeness, and compliance with lending policies and regulations.

Financial Analysis:

Evaluate borrowers' financial information, including credit scores, income, and assets, to assess their ability to repay the loan.

Document Management:

Organize and maintain loan files, ensuring all necessary documentation is readily available for review and approval.

Communication and Coordination:

Communicate with borrowers, loan officers, underwriters, and other relevant parties to gather information, address inquiries, and facilitate the loan process.

Compliance:

Adhere to all applicable lending laws, regulations, and company policies throughout the loan processing cycle.

Customer Service:

Provide excellent customer service by addressing borrower inquiries, providing updates, and ensuring a positive loan experience.
Essential Skills:

Attention to Detail:

Accurately reviewing and verifying loan documentation requires meticulous attention to detail.

Communication Skills:

Effectively communicating with various parties involved in the loan process is crucial.
Job Types: Full-time, Fresher

Pay: ?10,000.00 - ?12,000.00 per month

Schedule:

Day shift Morning shift
Supplemental Pay:

Commission pay
Application Question(s):

This is Commission Base Salary
Education:

Higher Secondary(12th Pass) (Required)
Language:

Hindi (Required) English (Required) Marathi (Required)
Location:

Pune, Maharashtra (Required)
Work Location: In person