What Do Assistant Loan Processors Do?
A loan officer assistant works under a loan officer at a financial institution. The assistant will carry out administrative tasks for the loan officer. These tasks include filing documents, entering data about loan applications, following up with various departments about the loan process, answering phone calls, and scheduling meetings. On a periodic basis, the loan officer will be expected to gather all of the information necessary, in order to determine where a loan is in the process and creat…Read more
- Examine loan documents for completeness and accuracy.
- Calculate principal and interest payments due from the customer.
- Prepare and assemble all required documents for loan approval process, obtaining additional information as necessary.