Loan Processor Jobs in Goodyear, AZ

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.

1-4 of 4 Jobs

Commercial Loan Administration Specialist

  • Phoenix, AZ (19 miles from Goodyear, AZ)
  • 2 hours ago
  • Phoenix, AZ (19 miles from Goodyear, AZ)
  • 2 hours ago

Commercial Loan Administration Specialist Arizona Central Credit Union - 3.4 Phoenix, AZ Job Details Full-time Estimated: $41.4K - $49.6K a year 6 hours ago Benefits Health insurance Dental...

Loan Processor Origination

  • Phoenix, AZ (19 miles from Goodyear, AZ)
  • 7 hours ago
  • Phoenix, AZ (19 miles from Goodyear, AZ)
  • 7 hours ago

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

Commercial Loan Operations Specialist II

  • Phoenix, AZ (19 miles from Goodyear, AZ)
  • 6 days ago
  • Phoenix, AZ (19 miles from Goodyear, AZ)
  • 6 days ago

and reviews (processing, loan documentation, closing/funding, boarding, file maintenance, and servicing)....

Commercial Loan Processor III

  • Phoenix, AZ (19 miles from Goodyear, AZ)
  • 22 days ago
  • Phoenix, AZ (19 miles from Goodyear, AZ)
  • 22 days ago

Reviews and maintains required loans documentation to ensure compliance with all federal, state, and credit union requirements....

Demographic Data for Goodyear, AZ

Moving to Goodyear, AZ? Find some basic demographic data about Goodyear, AZ below.


Local
National
96,470
1,541
Medium/Lg

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: Verification
The second step of loan processing is verification. After the loan application is completed, it's turned over to the loan processor. They obtain the necessary information from the applicant and...
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...

Salary for Loan Processor Jobs in Goodyear, AZ

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

Highest Education Level

Loan Processors in Goodyear, AZ offer the following education background
Bachelor's Degree
35.7%
High School or GED
22.9%
Associate's Degree
14.9%
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 in Goodyear, AZ
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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