Loan Coordinator Job Duties
Collect and compile applications for loans and determine their eligibility
Verify bank statements, income documents, residential proof, and other details before processing loan applications
Check forms and applications for complete and authentic information
Calculate rates of interest and inform borrowers about the monthly installments
Answer incoming calls and emails of applicants and update them about their loan applications
Contact applicants and ask them for additional papers necessary for loan processing and accordingly inform them about acceptance and cancellation
Reviewed customer applications and assisted them in completing formalities
Maintained and followed guidelines and regulations as set by the firm and government
Maintained detailed records of customers with loan information in the computer systems
Coordinated and followed up with customers in fulfilling eligibility criteria
Provided prompt and efficient services to customers and maintained relationships
Prepared loan files and submitted to the senior management for evaluation and approval
American West Development, INC
Las Vegas, NV