Loan Processor

Please login or register as jobseeker to apply for this job.

TYPE OF WORK

Full Time

SALARY

Php40,000.00 - Php50,000.00

HOURS PER WEEK

8

DATE UPDATED

Aug 3, 2026

JOB OVERVIEW

Loan Processor Job Description

• Conduct detailed serviceability checks to confirm applicants can meet repayment obligations, using relevant calculators and tools.
• Check loan scenarios against individual lender credit policies to confirm eligibility and identify potential issues before proceeding.
• Research and compare suitable lender products, interest rates, and policies to identify the best-fit options for each client's circumstances.
• Evaluate the financial position of loan applicants to determine borrowing capacity, analysing income, expenses, and existing debt obligations.
• Collect all required documents from loan applicants, including income statements, credit reports, and identification documents, and verify their authenticity and completeness.
• Prepare loan proposals presenting suitable lender options based on the client's situation and lender policies, and ensure all proposals are reviewed with the broker.
• Ensure all documents are accurate, complete, and meet lender requirements prior to lodgement.
• Input client and loan data accurately into CRM systems and submit applications to lenders via the appropriate online portals.
• Act as the central point of contact for brokers, clients, and lenders throughout the application process, providing timely progress updates and addressing queries accurately.
• Follow up with lenders and/or clients via phone or email for updates and outstanding requirements.
• Coordinate with underwriters, brokers, and internal tea ---------- mbers to resolve any issues arising during assessment or processing.
• Continuously develop and maintain knowledge of lender policies, products, and credit criteria through training and self-study.
• Follow up all cases from formal approval through to settlement, including checking loan documents upon issuance and following up on outstanding settlement conditions.
• Ensure the outgoing financier (OFI) is ready for settlement where applicable (refinances).
• Advise clients on funds required to complete settlement, and liaise with all relevant parties — solicitors, lenders, and agents — to ensure files are ready.
• Notify clients once settlement is booked, send settlement breakdowns, and complete the settlement checklist in the system.
• Set up post-settlement action plans and support clients with ongoing loan maintenance enquiries and requests.
• Follow up with clients every six months, handle loan change requests, and apply and confirm cash rebates.
• Conduct birthday and annual reviews, including follow-up on fixed rate expiries.
• Manage construction progress drawdowns: collect and follow up on construction document checklists, follow up on commencement letters, and track construction progress through to completion.

Qualifications:
• Minimum 2–3 years of Australian mortgage broking or lending experience.
• Demonstrated experience with Australian Mortgage CRM platforms (e.g., Mercury, MyCRM, Salestrekker, Flex)
• Strong understanding of lender credit policies, serviceability requirements, and loan structures.
• Excellent attention to detail and accuracy in data entry and document management.
• High level of written and spoken English communication skills.
• Analytical mindset with strong numeracy skills.
• Excellent problem-solving ability and a proactive, solutions-focused approach.
• Ability to manage multiple files simultaneously in a fast-paced environment.
• Strong interpersonal skills and a client-first approach.

To apply, kindly fill out this form: ----------

VIEW OTHER JOB POSTS FROM:
SHARE THIS POST
facebook linkedin
  BENCHMARKS  
Loading Time: Base Classes  0.0008
Controller Execution Time ( Jobseekers / Job )  0.0102
Total Execution Time  0.0116
  GET DATA  
No GET data exists
  MEMORY USAGE  
1,513,624 bytes
  POST DATA  
No POST data exists
  URI STRING  
jobseekers/job/Loan-Processor-1701378
  CLASS/METHOD  
jobseekers/job
  DATABASE:  onlinejobs (Jobseekers:$db)   QUERIES: 13 (0.0051 seconds)  (Hide)
0.0004   SELECT *
                                
FROM exrates
                                WHERE rate_name 
'USD-PHP' 
0.0004   SELECT *
FROM `employer_jobs`
WHERE `job_id` = 1701378
 LIMIT 1 
0.0004   SELECT *
FROM `employers`
WHERE `employer_id` = 509751
 LIMIT 1 
0.0003   SELECT COUNT(*) AS `numrows`
FROM `t_thread` `t`
LEFT JOIN `t_thread_misc` `miscON `t`.`id` = `misc`.`thread_id`
WHERE `t`.`job_id` = 1701378
AND `misc`.`idIS NULL 
0.0004   SELECT e.business_namee.logoe.websitee.rebill_datee.date_added member_datehitsDATEDIFF('2026-08-11',ej.date_added) duration_daysDATEDIFF('2026-08-11',e.rebill_date) duration_rebillej.*, e.deactivate FROM employers eemployer_jobs ej WHERE e.employer_id ej.employer_id AND
                                   ((
e.user_level >= '500' AND ej.date_added <= e.rebill_date)
                                   OR 
e.employer_id '' OR (ej.date_approved <> '2000-01-01' and DATEDIFF('2026-08-11',ej.date_added) <= 14 ))
                                   AND 
e.deactivate != AND ej.deleted AND job_id '1701378' 
0.0003   SELECT *
FROM `employer_jobs_skills` `ejs`
LEFT JOIN `skills_categories` `scON `ejs`.`skill_id` = `sc`.`id`
WHERE `job_id` = 1701378 
0.0007   UPDATE employer_jobs SET hit_counts '***Aug-03-2026=1085***Aug-04-2026=134***Aug-05-2026=66***Aug-06-2026=31***Aug-07-2026=29***Aug-08-2026=21***Aug-11-2026=2' WHERE job_id'1701378'  
0.0006   UPDATE employer_jobs SET monthly_hits '***Aug-2026=1367' WHERE job_id'1701378'  
0.0004   SELECT date_sent FROM jobseeker_sent_emails WHERE jobseeker_id '' AND job_id '1701378' AND status LIKE 'sent%' ORDER BY id DESC  
0.0003   SELECT *
FROM `employer_jobs_skills` `ejs`
LEFT JOIN `skills_categories` `scON `ejs`.`skill_id` = `sc`.`id`
WHERE `job_id` = 1701378 
0.0005   SELECT COUNT(*) AS `numrows`
FROM `employer_jobs`
WHERE `employer_id` = '509751'
AND `date_added` >= '2022-06-08' 
0.0003   select from teasers 
0.0002   SELECT FROM skill_categories WHERE skill_cat_id='' 
  HTTP HEADERS  (Show)
  SESSION DATA  (Show)
  CONFIG VARIABLES  (Show)