Loan Processor Remote & Hybrid Only 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.
A minimum of 5 years residential mortgage processing experience....
Remote WorkCommercial Loan Documentation Specialist
- Elk Grove Village, IL
- 4 hours ago
- Elk Grove Village, IL
- 4 hours ago
First American Bank was founded in Chicago, and over the years has expanded throughout Wisconsin and Florida. As the largest privately held bank in Illinois, we now have over 60 locations and...
Remote WorkLead Commercial Mortgage Loan Administration Specialist-Commercial Real Estate Loan Operations
- Chandler, AZ
- 8 hours ago
- Chandler, AZ
- 8 hours ago
Return to selected search result Lead Commercial Mortgage Loan Administration Specialist-Commercial Real Estate Loan Operations Apply locations IRVING, TX CHARLOTTE, NC time type Full time posted...
loan processing....
Lead Commercial Mortgage Loan Administration Specialist-Commercial Real Estate Loan Operations
- Charlotte, NC
- 14 hours ago
- Charlotte, NC
- 14 hours ago
About this role: Wells Fargo is seeking a Lead Commercial Mortgage Loan Administration Specialist for the CRE Operations Specialized Operations. In this role, you will: Lead complex initiatives...
The role of a Loan Processor does come with progression....
Remote WorkAssist Loan Officers and Loan Processors in finding answers regarding loan eligibility and lending guidelines. Responsible for loan level administrative tasks within the loan origination system....
Remote WorkAssist Loan Officers and Loan Processors in finding answers regarding loan eligibility and lending guidelines. Responsible for loan level administrative tasks within the loan origination system....
Remote WorkSenior Commercial Mortgage Loan Administration Specialist- Commercial Real Estate Lending Operations
- Minneapolis, MN
- 1 day ago
- Minneapolis, MN
- 1 day ago
About this role: Wells Fargo is seeking a Senior Commercial Mortgage Loan Administration Specialist within the Commercial Real Estate Homebuilder Operations as part of Commercial Banking...
Proficient in Microsoft Word, Windows, use of the Internet and Encompass loan processing system. Knowledge of loan documentation policies and mortgage lending regulations....
Remote WorkPosition Summary The Processor I is responsible for the timely review of loan documentation to ensure accuracy, completeness and compliance with internal, regulatory, private mortgage insurance, and...
Remote WorkVerify and analyze loan documentation including credit reports, income, asset, appraisal, title, homeowner's insurance documents - as well as general ways to structure a loan Ensures a minimum level...
Remote WorkKeeps abreast of developments in the residential lending field related to loan processing and underwriting. Attends relevant courses and seminars....
Commercial Mortgage Loan Administration Specialist
- Minneapolis, MN
- 4 days ago
- Minneapolis, MN
- 4 days ago
Knowledge and understanding of the Flood Disaster Protection Act (FDPA) Commercial loan documentation, preparation or review experience Ability to navigate multiple computer systems, applications and...
- Irving, TX
- 5 days ago
- Irving, TX
- 5 days ago
About this role: Wells Fargo is seeking a Senior Commercial Mortgage Loan Administration Specialist within the Commercial Real Estate Homebuilder Operations as part of Commercial Banking...
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
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Jumbo Loans
- Loan Review
- Tila Respa Integrated Disclosures
- VA Loans
- BSA
- Loan Processing
- Federal National Morgage Association
- Commercial Lending
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- Mortgage Processing
- Financial Services
- Loan Servicing
- USDA
- Underwriting
- Appraisal
- Payment Processing
- General Ledger
- File Management
- Real Estate
- Finance
- Closing
- High School Diploma
- Written Communication
- Documentation
- Accounting
- Employee Development
- Verbal Communication
- Data Entry
- Reporting
- Policy Development
- Filing
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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