Hiring for this role is commonly processed by looking for a pool of candidates online. Here are some of the best options for where you can hire a loan processor:
1. Hiring Platforms
Some of the famous online hiring platforms are Indeed, LinkedIn, and ZipRecruiter among others. Check out the recruitment process that you need to prepare for the loan processor role:
- Writing a detailed job description
It’s important to present a clear loan processor job description. You can also look at sample job descriptions, however, it is best to customize this according to your business needs.
Before advertising the job on online platforms, you will need to make a company profile and fill out certain details. Social media platforms are also recommended to reach a wider talent pool.
It is necessary to go through each application to identify the best candidate for the loan processor role. Particularly since this role requires educational attainment and previous work experience in a loan processing or related field.
After filtering the best candidates for the job, scheduling the initial and final interviews will involve additional work. This includes asking the right questions, learning about their previous work experience, and understanding their long-term goals in the company.
- Conducting background checks
Conducting background checks is an essential aspect of the recruitment process. This usually entails examining the job applicant’s work experience, educational background, and criminal record.
Hiring a virtual loan processor from ShoreAgents costs only 1/3 to 1/2 of what you would typically pay in other countries. In fact, you could even hire two virtual staff from ShoreAgents for the price of one local hire.
- Purchasing work equipment
Finalizing the right candidate is not the last part of the hiring process. ShoreAgents provides a spacious, modern office where the loan processor works with others filling similar roles for other companies. We also provide the space and computer setup.
To get started, you must complete the onboarding process, which includes orientation, training, and initial performance feedback.