Loan Processor Jobs
A Loan Processor in the banking industry serves as an intermediary between the potential borrower and the lending institution. They are responsible for reviewing loan applications, conducting credit research, coordinating with underwriters, and ensuring that the loans are processed in a timely manner. They assess the ability of the applicant to repay the loan, verify the information provided, and prepare documents for closing. The Loan Processor plays a key role in ensuring the smooth running of the loan approval process, that conforms with bank regulations and guidelines.
Important skills for a Loan Processor include excellent communication, attention to detail, quality customer service, and problem-solving abilities. They should be proficient in using loan processing software and have a strong understanding of banking and financial principles. Some of the certifications that could be beneficial are Certified Mortgage Loan Processor (NAMP-CMLP) and FHA Direct Endorsement (DE) Underwriting certification. Prior to becoming a Loan Processor, an individual might have roles such as Loan Officer Assistant, Credit Analyst, or Customer Service Representative in a banking or financial institution.
Loan Operations Specialist- Fredericksburg
- Fredericksburg, TX
- 11 hours ago
- Fredericksburg, TX
- 11 hours ago
Provide administrative support in the form of loan documentation preparation and through updates to our Core system, Horizon XE....
Overview This position provides support to sales by handling customer applications and funding with approved syndication funding partners. Interacts with partners to ensure application,...
MORTGAGE LOAN PROCESSOR III* WHAT IS THE OPPORTUNITY? The Mortgage Loan Processor III is responsible for processing home equity line of credit's, purchase, and refinance transactions....
diploma or GED Accounting Organizational skills Lending 2 years Communication skills Loan processing Full Job Description Overview: As a Mortgage Processor II at OnPoint, your real estate expertise...
Right now, we have an opening for a Commercial & Consumer Loan Processor....
Loan Documentation Specialist I, II or III
- Colorado Springs, CO
- 18 hours ago
- Colorado Springs, CO
- 18 hours ago
Hiring Pay Ranges: $19.25 - $28.50 per hour Loan Documentation Specialist I - $19.25 - $22.63 per hour Loan Documentation Specialist II - $20.50 - $25.25 per hour Loan Documentation Specialist III -...
Qualifications 1 - 4 years of experience working in loan processing, loan documentation or loan administration within a financial institution High School diploma or GED Knowledge of commercial, construction...
Apply Description Provides administrative, project support and secretarial services to various Commercial Services Officers and Commercial Bankers as instructed by the Commercial Loan Operations...
Under the direction of the Branch Manager, Operations Manager and/or Processing Supervisor, evaluates all information supplied on the mortgage loan application, verifies the validity of the...
Answer incoming calls from members/team members regarding mortgage lending products. Ensure a high level of communication is achieved with all parties of the mortgage lending process....
Remote WorkReports to: Mortgage Processing Manager About Us Dart Bank has an immediate opening for a Mortgage Processor. Dart Bank is a community bank, serving our community since 1925....
If you answered yes, then we want YOU to be the next dedicated Full Time Consumer Loan Processer to join our dynamic team at the Onalaska Operations Center!...
The Consumer Loan Processor provides support and coordination for Consumer Lending under the direction of the Processing Team Lead....
The Residential Loan Processor is responsible for the support functions of the Credit Department as outlined below....
Loan processor 1-2 years of retail mortgage loan processing experience Experience managing a pipeline of at between 40-50 loans at a time Understanding of TRID Regulatory Guidelines Exceptional customer...
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs Nationwide
Highest Education Level
Loan Processors offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Commercial Lending
- Account Maintenance
- Fannie Mae
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Wire Transfers
- Financial Services
- USDA
- Loan Servicing
- Mortgage Servicing
- Underwriting
- Internal Control
- Appraisal
- General Ledger
- File Management
- Real Estate
- Sales Management
- Referrals
- Finance
- Closing
- General Office Duties
- Accounting
- Retail
- High School Diploma
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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