Entry Level Processor

Fredrick, MD
Full Time
Entry Level


Job description


  • • Onsite in Frederick, MD
  • • Salary: $55,000 - 60,000



  • • Application Review:
  • • Review loan applications submitted by borrowers for completeness and accuracy.
  • • Verify borrower information, including income, credit history, employment details, and financial statements.
  • • Document Verification:
  • • Collect and verify all required documentation, such as tax returns, pay stubs, bank statements, and property information.
  • • Ensure that all documents are accurate, current, and meet lender and regulatory requirements. • Communication:
  • • Maintain clear and consistent communication with borrowers to request additional information or clarify details as needed.
  • • Collaborate with loan officers, underwriters, and other relevant parties to facilitate smooth loan processing.
  • • Data Entry and System Management:
  • • Enter borrower information and documentation into loan processing software or database systems accurately.
  • • Update loan application statuses and document completion progress.
  • • Guidelines Adherence:
  • • Ensure that all loan applications comply with lender policies, industry regulations, and legal requirements.
  • • Stay up-to-date with changing lending regulations and guidelines.
  • • File Preparation:
  • • Organize and compile loan application files for submission to underwriting.
  • • Prepare and submit necessary documents to third-party vendors for services such as property appraisals and title searches.
  • • Problem Solving: 
  • • Customer Service:



• Bachelor's degree in finance or related field preferred •



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