We use cookies. Find out more about it here. By continuing to browse this site you are agreeing to our use of cookies.
#alert
Back to search results

Part Time Loan Processor

Vaco
$20.00 - $25.00 / hr
United States, Indiana, Indianapolis
Mar 08, 2025
Vaco has partnered with a non-profit organization in downtown Indianapolis to hire a part time Loan Processor. This is a contract role that will last 2-3 months.

Location: Downtown Indianapolis

Schedule: Tuesday, Wednesday, Thursday 8:30am-5pm. This contract is expected to last 2-3 months,

Responsibilities:
  • Responsible for sending loan-related letters for pay-offs, rate adjustments, follow-up letters, and the like
  • Assists with the loan insurance process, including renewals, cancellations, force-placed coverage, insurance claim checks, and new policies for properties
  • Prepares releases (including sending releases to the recording office)
  • Communicate returned payments with borrowers
  • Track, update, and follow up on payment of invoices related to loans/lines of credit, including but not limited to broker price opinions, appraisals, insurance, and other third-party reports
  • Communicates returned payments with the borrower
  • Provides back up for loan insurance process, including renewals, cancellations, force- placed coverage, and new policies for properties
  • Order and/or follow up on third party reports
  • Manage and prepare Releases for pay offs (including existing loans to be refinanced)
  • Maintain the scanning and indexing of all loan documentation and correspondence
  • Respond to customer needs
  • Investment and Loan and email communication
  • Provide internal customer service
  • Receive calls and monitor messages for the Financial Services Department
  • Collect and acknowledge documents received after approval through payoff

Qualifications:
  • Strong analytical skills
  • Working knowledge loan processing/origination
  • Experienced with computer-based programs and spreadsheets
  • Experience with Microsoft Office, computer-based programs, and spreadsheets
  • Proficient with a calculator
  • Ability to work Tuesday, Wednesday, and Thursday 8:30 am- 5:00 pm ET (hours may be extended to meet workload demands)

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual's skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

Applied = 0

(web-b798c7cf6-z2v8z)