A person working as a Senior Loan Processor in India will on average earn $20194 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $20,194.00 |
| Weekly salary | $388.35 |
| Daily salary | $55.33 |
| Hourly salary | $6.92 |
This means senior loan processor salary is below average!
Job Industry: finance
Description: A senior loan processor is responsible for managing and overseeing the loan application process from start to finish. They work closely with borrowers, loan officers, underwriters, and other stakeholders to ensure that all necessary documentation is collected, verified, and processed accurately and efficiently. Their duties include reviewing loan applications, analyzing creditworthiness, verifying income and employment information, ordering and reviewing appraisals and title reports, preparing loan disclosures, coordinating with third-party vendors, and ensuring compliance with regulatory requirements. A senior loan processor also acts as a point of contact for borrowers, providing updates on the status of their loan application and addressing any questions or concerns they may have. This role requires strong attention to detail, excellent communication and organizational skills, and a thorough understanding of mortgage lending processes.
Tagged with: senior loan processor, loan processing, mortgage lending, loan application, financial services, compliance