2 Loan Processor I Jobs in El Paso, TX
FIRSTLIGHT FEDERAL CREDIT UNION is Hiring a Loan Processor I Near El Paso, TX
Job Details
Job Description
POSITION PURPOSE
The Loan Processor (“Processor”) is responsible for reviewing Credit Union purchased retail installment contracts and direct consumer loans for proper documentation, calculations, and approvals. The Processor works directly with dealers, members, and other Credit Union employees to develop professional relationships and resolve issues that may occur during normal business processes. Performs a variety of clerical duties related to the accurate and timely processing and funding of consumer loans, while following established policies, procedures, legal and regulatory guidelines.
Job Qualifications
EDUCATION/CERTIFICATION:
High school graduate or equivalent.
EXPERIENCE REQUIRED:
One (1) year experience processing consumer or mortgage loans.
Job Summary
Other
Banking
$34k-43k (estimate)
04/28/2023
09/21/2024
firstlightfcu.org
EL PASO, TX
200 - 500
1955
KARL MURPHY
$10M - $50M
Banking
Related Companies
About FIRSTLIGHT FEDERAL CREDIT UNION
FirstLight Federal Credit Union is happy to be a part of LinkedIn and look forward to sharing our member-centric stories, employee highlights, and even open positions to go-getter candidates. Serving the El Paso, Ft. Bliss, and Las Cruces communities in Texas and New Mexico, our hard-charging cooperative has a simple purpose Improve lives. Achieve dreams.and our growing financial institution has been doing this for 65 years! With over $1.2 billion in assets, our 360+ employees are big believers in our mission, our vision, and our core values. Do we work hard? Absolutely! Investing in people an...d technology to better serve our two-state membership of over 100,000 through our digital services i.e. online and mobile banking platforms and Live Video Banking to name a few. We also have contactless pay as you go debit cards to link to your FitBit and other wearables. And oh yea, we love building relationships with local businesses, school districts, and universities too. In fact, the Credit Union is now offering an affinity card with New Mexico State University (Go Aggies!), and will be opening a satellite, self-service technology office at Texas Tech Universitys new satellite Medical School here in El Paso in the fall of 2020. Our diverse team is a part of the respective communities we serveoutside of holding leadership positions with not-for-profits like the YMCA, the Sun Bowl Association, and Childrens Miracle Networkwe actively participate in the community through special events and fundraisers with the Great Khalid Foundations Back to School Drive or food drives to support the El Pasoans Fighting Hunger Food Bank--to ensure we walk-the walk and are an above-board corporate neighbor.
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The job skills required for Loan Processor I include Consumer Loans, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Processor I. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Processor I. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Processor I positions, which can be used as a reference in future career path planning. As a Loan Processor I, it can be promoted into senior positions as a Loan Processor II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Processor I. You can explore the career advancement for a Loan Processor I below and select your interested title to get hiring information.
If you are interested in becoming a Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Processor for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Processor job description and responsibilities
A loan processor reviews loan applications before sending them to the underwriter for approval.
01/11/2022: Springfield, IL
A loan processor will constantly work with computers and other electronic devices.
02/23/2022: Harlingen, TX
Loan officers evaluate, authorize, or recommend approval of loan applications.
01/09/2022: Orange, CA
Loan processors have to request additional documentation that may not be readily available for an applicant, like bank statements from several months ago or past years’ tax documents.
01/08/2022: Memphis, TN
Not only do loan processors collect and organize all of the loan documents, but they also order and organize various third-party requirements.
03/12/2022: Grand Forks, ND
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Processor jobs
Analyze applicant's financial status, credit, and property evaluation to determine the feasibility of granting the loan.
03/14/2022: Burlington, VT
Analyze potential loan markets to develop prospects for future loans.
01/23/2022: Cincinnati, OH
Approve the loan within specified time limits.
03/06/2022: Helena, MT
Communicate With Current and Potential Customers.
03/07/2022: Pensacola, FL
The most common types of unsecured loan are credit cards, student loans, and personal loans.
02/27/2022: Reading, PA
Step 3: View the best colleges and universities for Loan Processor.
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