Loan Processor Jobs in Sunnyvale, 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.

1-6 of 6 Jobs

Home Loan Processor

  • Dublin, CA (23 miles from Sunnyvale, CA)
  • 1 day ago
  • Dublin, CA (23 miles from Sunnyvale, CA)
  • 1 day ago

Innova Solutions is immediately hiring for a Home Loan Processor Position type: Full-time, Contract Duration: 4 months Location: Dublin, CA As a Home Loan Processor you will: The ideal candidate will...

Mortgage Loan Processor

  • Livermore, CA (22 miles from Sunnyvale, CA)
  • 6 days ago
  • Livermore, CA (22 miles from Sunnyvale, CA)
  • 6 days ago

The Loan Processor is the main point of contact for the borrower from loan application through funding....

Bank Sales Support Specialist (Commercial Loan Processor)

  • San Mateo, CA (20 miles from Sunnyvale, CA)
  • 13 days ago
  • San Mateo, CA (20 miles from Sunnyvale, CA)
  • 13 days ago

Documentation Support and Accuracy: Originates, processes and ensures accuracy of loan documentation for closings....

Loan Processor I

  • Santa Cruz, CA (23 miles from Sunnyvale, CA)
  • 22 days ago
  • Santa Cruz, CA (23 miles from Sunnyvale, CA)
  • 22 days ago

Qualifications 1 - 4 years of experience working in loan processing, loan documentation or loan administration within a financial institution High School diploma or GED Knowledge of commercial, construction...

SBA Loan Processor

  • Livermore, CA (22 miles from Sunnyvale, CA)
  • 27 days ago
  • Livermore, CA (22 miles from Sunnyvale, CA)
  • 27 days ago

documentation and review of compliance documents needed for department loans Assist and provide guidance to junior loan processors....

Loan Associate

  • Stanford, CA (8 miles from Sunnyvale, CA)
  • 45+ days ago
  • Stanford, CA (8 miles from Sunnyvale, CA)
  • 45+ days ago

Additionally, the Loan Associate will be responsible for identifying clients' needs throughout the loan process and effectively communicating with key parties involved in the transaction....

Demographic Data for Sunnyvale, CA

Moving to Sunnyvale, CA? Find some basic demographic data about Sunnyvale, CA below.

Local
National
155,805
3,449
Medium/Lg

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.
Corporate Finance Institute
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...
Udemy
Practical mortgage Loan Processes
For many people owning a home is a very big dream of everybody, but it does not come easily because the cost involved is too huge and only few people can save to pay the money and buy their home,...
FutureLearn
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Register to search for more online courses. >>>

Salary for Loan Processor Jobs in Sunnyvale, CA

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

Highest Education Level

Loan Processors in Sunnyvale, CA 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 Sunnyvale, 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%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Loan Processor position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!

Loan Processor Related Career Advice Articles

banker looking at charts on laptop
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 »
personal banker going over paperwork with her clients
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 »