Loan Coordinator - Springfield, MO
About The Position
The Loan Coordinator guides loans from contract through closing, organizing loan details, reviewing credit documents, gathering required information, preparing files for underwriting, and submitting files for closing. The role requires clear, timely communication with borrowers, loan officers, and teammates, careful ownership of deadlines and loan details, and analysis of credit, income, and assets in accordance with company and industry guidelines. The coordinator attends training to stay current on company guidelines and loan programs and contributes to team needs and a collaborative culture, excluding licensed tasks. The position offers a base salary and commission, with stated first-year earnings of $50,000 to $80,000 and potential for higher earnings through performance incentives. Training and development opportunities are provided. No specific degree or prior experience is required; the employer seeks transferable skills and relevant expertise.
Requirements
- Strong time-management skills, including the ability to prioritize responsibilities and work efficiently.
- Ability to build meaningful relationships with teammates and borrowers and provide personal, professional customer service.
- Ability to remain calm and effective under pressure, demonstrating resilience.
- Strong attention to detail and commitment to thorough, accurate work.
- Ability to thrive in fast-paced, high-energy, results-driven environments.
- No specific degree or prior experience is required; transferable skills and relevant expertise are sought.
Responsibilities
- Communicate effectively with borrowers, loan officers, and teammates; respond promptly to questions and keep stakeholders informed.
- Take ownership of loans, meet deadlines, and handle details carefully.
- Request, review, and organize documents to ensure accuracy and readiness for approval.
- Analyze credit, income, and assets while following company and industry guidelines and maintaining quality and integrity.
- Attend training sessions to stay current on company guidelines and loan programs.
- Assist with other team needs, excluding licensed tasks, and help foster a supportive, collaborative team culture.
Benefits
- Base salary and commission, with stated first-year earnings of $50,000 to $80,000.
- Performance incentives with potential to increase earnings.
- Training and development opportunities.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
