- Review loan applications for accuracy and completeness
- Verify borrower's income, assets, and credit history
- Order and review appraisals, title reports, and other documents
- Calculate borrower's debt-to-income ratio
- Submit loan applications to underwriting for approval
- Respond to underwriting requests for additional information
- Prepare loan closing documents
- Monitor loan status and ensure timely closing
- Maintain loan files and records
- Communicate with borrowers, lenders, and other parties throughout the loan process
- Resolve discrepancies and problems that arise during the loan process
- Assist with post-closing activities, such as loan funding and loan servicing
You can use the examples above as a starting point to help you brainstorm tasks, accomplishments for your work experience section.
- Processed an average of 25 loans per month with a 95% accuracy rate, resulting in a 10% increase in loan volume and a 5% decrease in processing time.
- Collaborated with underwriters and loan officers to resolve discrepancies and issues, resulting in a 15% increase in loan approvals and a 20% decrease in loan denials.
- Implemented a new loan tracking system, resulting in a 25% increase in loan status visibility and a 30% decrease in communication errors.
- Managed a loan portfolio of $10M, ensuring timely loan closings and maintaining a 98% customer satisfaction rate.
- Developed and implemented a loan processing checklist, resulting in a 20% increase in loan processing efficiency and a 15% decrease in processing errors.
- Collaborated with loan officers to identify and implement process improvements, resulting in a 10% increase in loan officer productivity and a 5% decrease in loan processing time.
- Reviewed and processed an average of 50 loan applications per month, resulting in a 90% loan approval rate and a 5% increase in loan volume.
- Developed and maintained positive relationships with borrowers, lenders, and other parties, resulting in a 15% increase in customer satisfaction and a 10% increase in referral business.
- Identified and resolved loan processing issues, resulting in a 20% decrease in loan processing time and a 10% increase in loan officer productivity.
- Loan processing
- Attention to detail
- Time management
- Customer service
- Communication
- Problem-solving
- Collaboration
- Organization
- Analytical thinking
- Risk assessment
- Regulatory compliance
- Loan documentation
- Relationship building
- Process improvement
- Loan management software proficiency