Loan Processor Jobs in Alabama
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.
Job Type Full-time Description The Consumer/Indirect Loan Processor supports the consumer loan officer function and will be responsible for consumer loan applications to ensure timely processing and...
Analyzes credit agreement for establishment of new loan set-ups in accordance with the loan documentation....
The Mortgage Loan Processor II improves customer service by processing all loans in a timely manner....
The essential functions include, but are not limited to the following: Process credit life insurance monthly Manage SBA Loan Processing Coordinate online loan application process for non-real estate...
Job Summary: Ensures accurate and efficient preparation and processing of consumer loan applications received from dealers. Responsible for timely filing and tracking of collateral documents and...
Two to three years prior mortgage processing or underwriting experience. Education and Experience Preferred: Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe....
Remote WorkThose states include: TN, AL, GA and KY FirstBank is currently hiring an efficient, high energetic Mortgage Loan Processor to add to our current Residential Mortgage Processing team....
: Loan Administration WAGE CLASSIFICATION: Non-Exempt REPORTS TO: VP Loan Administration SUPERVISES: No supervisory responsibilities JOB SUMMARY Ensure accurate and timely operations of the Bank's loan...
EDUCATION, EXPERIENCE, SKILLS Minimum of three (3) years of work experience in consumer and commercial loan documentation preferred....
Demographic Data for Alabama
Moving to Alabama? Find some basic demographic data about Alabama below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Alabama
Highest Education Level
Loan Processors in Alabama 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
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Taxes
- Appraisal
- Reconciliations
- General Ledger
- File Management
- Real Estate
- Closing
- Finance
- Accounting
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Telephone Skills
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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