You might hire a loan processor to:
- Collect and organize all information for loan applications
Prepare loan files and write appraisals
- Submit loan files to banks or mortgage lenders for approval
- Assess and interview loan applicants
| Required skills and qualifications | Preferred skills and qualifications |
| Analytical and logistical thinking skills | Time management and organizational skills |
| Comfort in dealing with financial figures and detailed documentation | Ability to meet firm deadlines |
| Sales and customer service skills | Knowledge of loan management software programs |
| Excellent written and verbal communication skills | Current knowledge of relevant rules and regulations in the country of employment |
| Understanding of all direct/indirect lending procedures |
