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.

1-15 of 302 Jobs

Business Loan Processor

  • Bozeman, MT
  • 4 hours ago
  • Bozeman, MT
  • 4 hours ago

About The Role The Commercial Loan Processor will provide direct assistance to the Loan Officers with loan portfolio administration for proper documentation and compliance requirements....

Loan Processor I

  • Los Angeles, CA
  • 4 hours ago
  • Los Angeles, CA
  • 4 hours ago

Loan Processor I Department: Home Loan Center Location: Los Angeles, CA (Onsite - Required 5 Days a Week) We are looking for a Sr. Loan Processor I to join our Home Loan Center team....

Residental Loan Processor

  • Miami, FL
  • 11 hours ago
  • Miami, FL
  • 11 hours ago

The Residential Loan Processor is responsible for the support functions of the Credit Department as outlined below....

Loan Documentation Specialist

  • Minneapolis, MN
  • 11 hours ago
  • Minneapolis, MN
  • 11 hours ago

PEF Documentation We are currently seeking a self-motived, highly driven Loan Documentation Specialist with strong administrative and interpersonal skills....

Commercial Loan Processor

  • Charlotte, NC
  • 11 hours ago
  • Charlotte, NC
  • 11 hours ago

Commercial Loan Processor Pay Rate: $30/hr. - $32/hr....

Loan Operations Specialist

  • Cortland, NE
  • 12 hours ago
  • Cortland, NE
  • 12 hours ago

Conduct post-closing reviews of loan documentation to ensure compliance and completeness. Add loan ticklers and system reminders for follow-up tasks and compliance tracking....

Loan Processor

  • Appleton, WI
  • 12 hours ago
  • Appleton, WI
  • 12 hours ago

We are looking for a detail-oriented professional who excelsin customer service and loan documentation. This position is based outof our Appleton, WI branch....

Senior Commercial Mortgage Loan Administration Specialist

  • Chandler, AZ
  • 12 hours ago
  • Chandler, AZ
  • 12 hours ago

About this role: Wells Fargo is seeking a Senior Commercial Mortgage Loan Administration Specialist to support the Commercial Loan Servicing platform. This senior individual will partner and make...

Commercial Mortgage Loan Administration Specialist

  • Charlotte, NC
  • 12 hours ago
  • Charlotte, NC
  • 12 hours ago

About this role: Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist as part of our Commercial Mortgage Servicing platform in our Cash Management team. In this role, you...

Loan Documentation Specialist I

  • Englewood, CO
  • 12 hours ago
  • Englewood, CO
  • 12 hours ago

Handle branch inquiries as they relate to loan documentation. Maintain current knowledge and follow all bank financial and security regulations and procedures....

Senior Loan Processor

  • Los Angeles, CA
  • 14 hours ago
  • Los Angeles, CA
  • 14 hours ago

Job Qualifications/Requirements Minimum Education Level: High School Diploma Minimum Years of Experience: 10+ years Required: Mortgage loan processing experience Required: Good working knowledge of...

Associate Loan Servicing Representative - Repo Admin

  • Chandler, AZ
  • 14 hours ago
  • Chandler, AZ
  • 14 hours ago

About this role: Wells Fargo is seeking an Associate Loan Servicing Representative within Specialty Operations Repossession Administration. Learn more about our career areas and lines of business...

Loan Processor - Origination

  • Grand Forks, ND
  • 15 hours ago
  • Grand Forks, ND
  • 15 hours ago

We are seeking a detail-oriented and experienced Loan Processor for our Origination team....

Loan Operations Specialist- Documentation

  • Saint Louis, MO
  • 16 hours ago
  • Saint Louis, MO
  • 16 hours ago

Organize loan requests to be worked on Prepare Loan documentation....

Construction Loan Processor

  • Park, KS
  • 16 hours ago
  • Park, KS
  • 16 hours ago

We're seeking a dynamic Construction Loan Processor to join our team....

Loan Processor Online Courses and Training Opportunities

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Loan Processing
Processing a loan can be a complex endeavor. The most common loans offered by mortgage lenders include conventional conforming, conventional nonconforming, FHA, VA, and subprime loans. For most...
Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...
Loan Processing: The Decision
So far, in our series on loan processing, we've covered taking the application, verifying that data, compliance regulations, and underwriting the loan. For the final step, we're going to talk...

Salary for Loan Processor Jobs Nationwide

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Processors offer the following education background
Bachelor's Degree
35.6%
High School or GED
23.0%
Associate's Degree
14.8%
Vocational Degree or Certification
11.8%
Master's Degree
11.0%
Some College
2.4%
Doctorate Degree
0.9%
Some High School
0.5%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Processors
2-4 years
30.6%
Less than 1 year
23.9%
6-8 years
13.6%
None
12.9%
4-6 years
12.3%
1-2 years
6.7%



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