Credit processor vs commercial loan reviewer

Differences between credit processor and commercial loan reviewer duties and responsibilities

Credit processor example responsibilities.

• Manage accounting operations, accounting close, account reporting and reconciliations.
• Obtain credit reports, run background checks
• Review specific lender guidelines for conventional, FHA and VA refinance/purchase transactions.
• Analyze personal credit reports and Dunn & Bradstreet business credit reports.
• Review closing agents' packages after closing, wire funds and review HUD-1 documents.
• Verify all documentation meets FHA guidelines and regulations.
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Commercial loan reviewer example responsibilities.

• Audit and correct commercial loan documents using LaserPro and then send to loan officers for signing.
• Participate in meetings with inter agencies and other entities as appropriate to facilitate and enhance the Medicaid eligibility determination process.
• Maintain positive communication with engineers, architects, home owners, and contractors.
• Participate in meetings with inter agencies and other entities as appropriate to facilitate and enhance the Medicaid eligibility determination process.