A loan coordinator is responsible for reviewing loan applications and preparing the mortgage loan file for delivery to underwriting. As a loan coordinator, you must have excellent communication skills, as a significant part of your job requires working directly with loan applicants throughout the closing process. You typically work for banks and other home mortgage lenders. In addition to your review and preparation duties, you also provide support to the loan officer or builder. The qualifications needed for a career as a loan coordinator include a high school diploma or GED certificate and experience working in a bank. Some employers may prefer a bachelor’s degree in business, finance, or a related field.