Interlibrary loan specialist vs senior loan processor

Differences between interlibrary loan specialist and senior loan processor duties and responsibilities

Interlibrary loan specialist example responsibilities.

• Manage a multifacete commercial real estate investment firm.
• Introduce on-line card cataloging, research and retrieval to library and library patrons.
• Utilize Pubmed, Worldcat, Lexis Nexis, and other database resources to verify citation criteria.
• Conduct on-line searches using resources such as OCLC, Carl-Uncover, the Internet, and other available electronic databases.
• Review loan files, facilitate and verify loss mitigation application request, determine eligibility for clients requesting foreclosure financial assistance.
• Process residential and business disaster loan application by applying SBA guideline standards, utilizing financial and credit analysis techniques.

Senior loan processor example responsibilities.

• Work knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors.
• Monitor compliance with the regulatory and secondary markets guidelines with FNMA, FHLMC, VA, FHA investors and PMI loans.
• Process conforming, non-conforming, FHA, and VA files from the time of application to the day of funding.
• Analyze all pertinent financial and credit data to determine the loan risk for bank, VA, and investor guidelines.
• Process, close, and perform preliminary underwriting on conventional, FHA, and VA loans retail purchase and refinance.
• Create charts and client files using calyx system.
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