What are the responsibilities and job description for the Loan Processor position at Michigan Credit Union League?
Organization: Cornerstone Community Financial CU
Date Posted: January 4, 2024
Region: Southeast Michigan
Location of Position: Auburn Hills
Position Level: Entry
The Loan Processor is responsible for reviewing every aspect of the processing, funding, and closing of loans to ensure efficiency standards, service expectations, and compliance requirements are upheld. This position will be expected to have a comprehensive understanding and knowledge of the CU’s consumer and indirect loan products, policies, and procedures. Establishes loan files and orders documentation required to process loans. Responsible for the accuracy and completeness of all loan documentation. Processes consumer loan files after closings to ensure that documents are recorded with proper recording authority and the loans are entered correctly into the company records. Inputs loan documents, processes loan payoffs and retain file.