Loan Processor Jobs in Rancho Palos Verdes, CA

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.

1-8 of 8 Jobs

Loan Documentation Specialist

  • Los Angeles, CA (16 miles from Rancho Palos Verdes, CA)
  • 16 hours ago
  • Los Angeles, CA (16 miles from Rancho Palos Verdes, CA)
  • 16 hours ago

Review loan documentation prepared by attorney services against approved credit commitment....

Loan Processor

  • Los Angeles, CA (16 miles from Rancho Palos Verdes, CA)
  • 16 hours ago
  • Los Angeles, CA (16 miles from Rancho Palos Verdes, CA)
  • 16 hours ago

QUALIFICATIONS EDUCATION : High school diploma or equivalent; AA degree preferred EXPERIENCE: Minimum 1-2 years of current mortgage loan processing experience SKILLS/ABILITIES Computer literate Effective...

Sr. Loan Administration Specialist

  • Downey, CA (18 miles from Rancho Palos Verdes, CA)
  • 4 days ago
  • Downey, CA (18 miles from Rancho Palos Verdes, CA)
  • 4 days ago

documentation terms and the ability to interpret key components of commercial loan files....

Loan Operations Specialist II

  • Inglewood, CA (13 miles from Rancho Palos Verdes, CA)
  • 9 days ago
  • Inglewood, CA (13 miles from Rancho Palos Verdes, CA)
  • 9 days ago

Ability to read and interpret loan approvals and loan documentation Ability to complete task within established timeframe Maintain professional attitude to both internal and external customers Proficient...

Loan Processor I

  • Los Angeles, CA (16 miles from Rancho Palos Verdes, CA)
  • 11 days ago
  • Los Angeles, CA (16 miles from Rancho Palos Verdes, CA)
  • 11 days ago

Loan Processor I Department: Home Loan Center Location: Los Angeles, CA (Onsite - Required 5 Days a Week) We are looking for a Sr. Loan Processor I to join our Home Loan Center team....

Remote Sr, Loan Processor, Wholesale,

  • Anaheim, CA (23 miles from Rancho Palos Verdes, CA)
  • 24 days ago
  • Anaheim, CA (23 miles from Rancho Palos Verdes, CA)
  • 24 days ago

** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....

Remote Work

Auto Loan Processor

  • Anaheim, CA (23 miles from Rancho Palos Verdes, CA)
  • 26 days ago
  • Anaheim, CA (23 miles from Rancho Palos Verdes, CA)
  • 26 days ago

Position Summary The Loan Processor is responsible for making outbound calls to customers and dealers to complete auto loan verifications....

Loan Processor, Sr., Retail

  • Anaheim, CA (23 miles from Rancho Palos Verdes, CA)
  • 30+ days ago
  • Anaheim, CA (23 miles from Rancho Palos Verdes, CA)
  • 30+ days ago

Our Senior Loan Processor is responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....

Remote Work

Demographic Data for Rancho Palos Verdes, CA

Moving to Rancho Palos Verdes, CA? Find some basic demographic data about Rancho Palos Verdes, CA below.


Local
National
42,452
866
Medium

Loan Processor Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
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...
Construction Loan-in-process
Learn the fundamentals of accounting for construction loans, focusing on the Loan-in-Process (LIP) account. This course is ideal for professionals in lending, finance, or accounting who work with...
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 Rancho Palos Verdes, CA

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

Highest Education Level

Loan Processors in Rancho Palos Verdes, CA 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 Rancho Palos Verdes, CA
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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