Loan Processor Jobs in Arizona
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.
Commercial Mortgage Loan Administration Specialist
- Chandler, AZ
- 5 hours ago
- Chandler, AZ
- 5 hours 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...
Calculate and monitor complex interest and fee accruals at various rate levels, ensuring accuracy and compliance with changing lender distributions....
Knowledge, Skills and Abilities: + Experience: Five to eight years commercial loan documentation/servicing/processing experience within the business and commercial lending area with demonstrated experience...
documentation....
Your primary responsibility will be to ensure the receipt of all legal loan documentation and address any legal documentation exceptions to meet the bank's required standards....
What we're looking for: AmeriSave is currently hiring Loan Processors to join our winning team....
Remote WorkThe Home Equity Mortgage Loan Processor will: Key Responsibilities: + Ability to meet production, quality and service standards with emphasis on delivering exquisite customer service + Manage a large...
What were looking for: AmeriSave is currently hiring Loan Processors to join our winning team....
Remote WorkEffectively resolve issues to prevent delays in the loan process....
Review legal loan documentation for operational feasibility, regulatory requirements, and mitigation of operational risk....
, a reputable legal services firm that supports mortgage lenders and financial institutions with foreclosure processing, title services, and compliance-related matters....
Process loan applications from initial set-up through funding, striving to obtain loan approvals Follow-up on closed loan documentation to ensure compliance with all Secondary Marketing standards....
CORE VALUES: Passion for Excellence : Success is Never Final : Do the Right Thing : One Alerus ABOUT THE ROLE: The Commercial Loan Documentation Specialist is responsible for the fulfillment of commercial...
You'll assist whatever the need is greatest from loan documentation and funding to data input and reporting....
Perform a detailed review of all booked loans to ensure boarding data accuracy and that loansare in agreementwith accounting and loan system records as well as in compliance with Bank commitments, lending...
Demographic Data for Arizona
Moving to Arizona? Find some basic demographic data about Arizona below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Arizona
Highest Education Level
Loan Processors in Arizona 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
- Lending
- Consumer Lending
- Federal Housing Administration
- Nationwide Mortgage Licensing System & Registry
- Federal National Morgage Association
- Loan Documentation
- Commercial Banking
- Jumbo Loans
- FHLMC
- BSA
- Loan Review
- Tila Respa Integrated Disclosures
- VA Loans
- Conventional Loans
- Commercial Lending
- Freddie Mac
- Loan Processing
- Fannie Mae
- Encompass
- Mortgage Processing
- Financial Services
- Loan Servicing
- USDA
- Service Standards
- Underwriting
- Appraisal
- Reconciliations
- General Ledger
- Customer Retention
- File Management
- Real Estate
- Closing
- Finance
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Telephone Skills
- Documentation
- Reporting
- Policy Development
- Data Entry
- Filing
- Regulations
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Processor Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »