Consumer Lending Loan Processor

Herndon, Virginia
May 22, 2017
Jun 26, 2017
Full Time

Consumer Lending Loan Processor

Northwest Federal Credit Union is currently accepting applications for Full-Time Consumer Lending Loan Processors to join our team. Build an exciting, rewarding career with us – help us make a difference for credit union members every day. Consider joining the Northwest Federal Credit Union team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work and competitive pay and benefits.

Essential Functions & Responsibilities:

Processes loan applications by verifying and evaluating information provided on consumer loan applications and preparing documents. Research and gather supporting data and documentation.

Review and analyze all documentation received to determine ratios, credit and collateral acceptability. Including but not limited to, income verification documents, collateral insurance binders, purchase orders, bills of sales, and any other documentation.

Complete funding and disbursement of consumer loans.

Ensures applications and disbursement instructions are complete and loans are in compliance with federal and NCUA laws, regulations, and NWFCU policies and procedures.

Determines collateral, interest rates, terms, and other consumer loan criteria are accurate on loan documents.

To provide the highest quality professional service to members interviewing and counseling loan applicants, offering member’s information on all types of loans, interest rates, collateral requirements, terms and all other products and services offered by the Credit Union and CUSO.

Cross-sells all products and services to include Debt Protection, Auto Warranty and GAP protection. Attempts to capture loans from other financial institutions while processing loans for members.


High School Diploma, or equivalent, college degree and prior financial branch experience preferred - 1-2 years

This position requires experience with using Microsoft Outlook, Word, Excel, strong organizational skills, and attention to detail.

Shift:  Availability to work a flexible schedule M- F 9:00am – 5:30pm, 9:30am – 6:00pm, 10:45am - 7:15pm, alternating Saturdays 9:00am-1:00pm.

Apply online:

We are proud to be an EEO/AA employer Minorities/Females/Disabled/Veterans.

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