Sr. Loan Processor

Magyar Bank, a leader in the community banking sector, is searching for qualified candidates to join our Residential Lending team in the Central New Jersey area as Sr.

Loan Processor The Sr.

Loan Processor will be responsible for processing first mortgage applications and consumer loans in accordance with all applicable federal and state guidelines.  Essential Functions:

• Process residential first and second mortgage, personal & auto loan applications in accordance with all investor requirements, and federal & state regulations Verify and calculate financial information to determine applicant eligibility with respect to the Bank’s risk and salability to Secondary Market.  Investigate credit depository and all other financial data Request information and follow up with all necessary paperwork within established timeframes Review eligibility of applications received from mortgage lenders.  Keep lenders informed ...

Ready to Apply?

Submit your application today and join our talented team at Magyar Bank.