Loan Processor Jobs in Litchfield Park, 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.

1-5 of 5 Jobs

Loan Processor - Origination

  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 4 days ago
  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 4 days ago

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

Mortgage Loan Processor II

  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 9 days ago
  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 9 days ago

Required Qualifications* Minimum 2 years of mortgage loan processing experience required. Minimum 2 years of experience of state and federal lending regulations (e.g....

Loan Processor

  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 17 days ago
  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 17 days ago

The ideal candidate will be a seasoned Loan Processor with recent experience in a retail lending environment....

Mortgage Loan Processor III

  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 30+ days ago
  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 30+ days ago

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....

Loan Documentation Specialist

  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 45+ days ago
  • Phoenix, AZ (19 miles from Litchfield Park, AZ)
  • 45+ days ago

Loan Documentation Specialist Accounting & Finance $ 30.23 / Hour location_on Phoenix, Arizona work_outline Contract/Temporary favorite_border JOB ON CANDIDATE PORTAL COPY LINK link Job Title: Loan...

Demographic Data for Litchfield Park, AZ

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


Local
National
33,778
534
Medium

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: Compliance
Within three business days after completing and verifying the application, the lender needs to provide the applicant with a loan estimate of the anticipated closing costs. This estimate shows the...

Salary for Loan Processor Jobs in Litchfield Park, AZ

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

Highest Education Level

Loan Processors in Litchfield Park, AZ 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 in Litchfield Park, 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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