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1 Loan Processor Job in Glasgow, KY

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South Central Bank Of KY
Glasgow, KY | Full Time
$39k-48k (estimate)
11 Months Ago
Loan Processor
$39k-48k (estimate)
Full Time 11 Months Ago
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South Central Bank Of KY is Hiring a Loan Processor Near Glasgow, KY

South Central Bank, Inc. is seeking a qualified individual to fill the position of Loan Processor at the Operations Center in Glasgow, KY. The Processor will be responsible for collecting the necessary processing documentation to complete a pre-underwriter on loan files. Also, the Processor will clear and/or aid in the removal of any outstanding title, subordination, or release issues. In addition, the position will be responsible for performing appraisal reviews and the calculation of borrower income.
Qualifications for the position are:
  • Three to five years of processing experience.
  • Data Entry, computer and typing skills
  • Ability to work effectively under time constraints and to work overtime when required.
  • Aptitude for figures and detail oriented
  • High-school diploma
  • Ability to multitask in a high pressure and time sensitive work environment
South Central Bank offers an excellent benefits package including medical, dental, vision and life insurance, paid holidays and time off, 401K with company match and much more.
EOE/M/F/Vet/Disability

Job Summary

JOB TYPE

Full Time

SALARY

$39k-48k (estimate)

POST DATE

10/18/2023

EXPIRATION DATE

10/28/2024

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The job skills required for Loan Processor include Data Entry, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Processor. 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. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Loan Processor positions, which can be used as a reference in future career path planning. As a Loan Processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Processor. You can explore the career advancement for a Loan Processor 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.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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