What are the responsibilities and job description for the Loan Coordinator position at iLendingDIRECT?
iLendingDIRECT is growing, we are looking for a Loan Coordinator (LP) to join our team of Automotive Refinancing Loan Coordinators.
The Loan Coordinator (LP) is responsible for stripping and stacking the loan package. The Loan Coordinator (LP) will be responsible for clean loan packages and getting the loan funded and in a timely manner
Essential Duties and Responsibilities
- Process straight refi’s
- Communicate with funders on all funding delays assigned to
- Add/ Drops
- States that require additional taxes
- Ensuring all signatures are done properly and will quality assure the whole process.
- Verifying all person information is filled in correctly on all loan documents
- Verifying the vehicle and loan structure - Checking the VIN on ALL paperwork and verifying the approval matches the paperwork.
- Verifying all stipulations - Checking the registration for all names, dates, and vehicle info. Verifying the DL matches and all dates are valid. Reviewing all insurance information. Making sure POR matches the contract, and Verifying POI matches which includes calculating the income.
- Reviewing the funding checklist will be provided by each lender as well as an internal audit sheet. This must be filled out and signed for each loan.
- It is also the Documentation Specialist ’s(LP) responsibility to make sure the POA and all title paperwork is done correctly and in-house at the time of funding.
- If for any reason the package is missing info, stipulations, etc. It is the Documentation Specialist ’s(LP) job to then contact and track down the missing info to perfect the package for funding.
- Once the loan packages are funded it is the Documentation Specialist ’s(LP) responsibility.
- The Documentation Specialist(LP) also will send out all info regarding the warranty and any other products the client has opted into.
- Maintains a professional, calm manner with all professional and business interactions.
- Perform other related duties as assigned.
Minimum Requirements
- High School Diploma or equivalent
- 2 years previous loan processing ideal
- Microsoft office suite experience
Salary Range & Benefits:
- $18.35 to $23.33 per hour
- This role will be eligible to participate in monthly bonuses, after 60 days of employment
- Full-time positions are benefits-eligible the first month after 30 days of employment, which includes:
- Medical, Dental, Vision, PTO, 401(k) match, Health Savings Account(HSA), Dependent Care Flexible Spending Account, Employer Paid Life and AD&D Insurance, Supplemental Life and AD&D Insurance, Employer Paid Short-Term and Long-Term Disability, Paid Parental Leave, Wellness Program, Financial Wellness Program, Tuition Reimbursement Program
ABOUT US :
Founded in 2006, iLendingDIRECT is a national leader in automotive refinancing. Through strategic partnerships with credit unions, banks, and other financial institutions nationwide, the company offers competitive interest rates on auto loans and creative financing solutions to thousands of consumers each year. iLendingDIRECT is a Better Business Bureau® Accredited Business and maintains an A rating.
The company also won first place in the 2018 BBB Torch Awards for Business Ethics in the large business category for demonstrating the highest level of credibility, trust, and transaction excellence. iLendingDIRECT was named one of the Denver Post’s 2017 “Top Workplaces” and has been annually honored as one of the Denver Business Journal’s “Best Places to Work” since 2016.
Job Type: Full-time
Pay: $18.35 - $23.33 per hour
Application Question(s):
- Are you able to uphold a 10am- 7pm schedule, with occasional weekend shifts?
Experience:
- Auto Loan processing: 1 year (Preferred)
Work Location: One location