Loan Processor Jobs in Torrance, 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.

1-10 of 10 Jobs

Loan Operations Specialist I-II

  • Los Angeles, CA (10 miles from Torrance, CA)
  • 11 hours ago
  • Los Angeles, CA (10 miles from Torrance, CA)
  • 11 hours 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 (10 miles from Torrance, CA)
  • 23 hours ago
  • Los Angeles, CA (10 miles from Torrance, CA)
  • 23 hours 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....

Senior Loan Processor

  • Los Angeles, CA (10 miles from Torrance, CA)
  • 1 day ago
  • Los Angeles, CA (10 miles from Torrance, CA)
  • 1 day ago

Job Qualifications/Requirements Minimum Education Level: High School Diploma Minimum Years of Experience: 10+ years Required: Mortgage loan processing experience Required: Good working knowledge of...

Loan Processor/Trainee

  • Los Angeles, CA (10 miles from Torrance, CA)
  • 1 day ago
  • Los Angeles, CA (10 miles from Torrance, CA)
  • 1 day ago

The Loan Processor works closely with loan officers, underwriters, and clients to facilitate smooth and timely loan closings....

Senior Loan Documentation Specialist

  • Los Angeles, CA (10 miles from Torrance, CA)
  • 7 days ago
  • Los Angeles, CA (10 miles from Torrance, CA)
  • 7 days ago

SUMMARY The Senior Loan Documentation Specialist is responsible for preparing loan documentation for highly complex loans in accordance with the loan approval....

Mortgage Processor/Customer Experience Specialist

  • Pasadena, CA (24 miles from Torrance, CA)
  • 9 days ago
  • Pasadena, CA (24 miles from Torrance, CA)
  • 9 days ago

Mortgage Processing Experience Ability to talk to customers on the phone...

Remote Sr, Loan Processor, Wholesale,

  • Anaheim, CA (20 miles from Torrance, CA)
  • 14 days ago
  • Anaheim, CA (20 miles from Torrance, CA)
  • 14 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 (20 miles from Torrance, CA)
  • 16 days ago
  • Anaheim, CA (20 miles from Torrance, CA)
  • 16 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 (20 miles from Torrance, CA)
  • 21 days ago
  • Anaheim, CA (20 miles from Torrance, CA)
  • 21 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

Senior Associate, Loan Operations

  • Los Angeles, CA (10 miles from Torrance, CA)
  • 24 days ago
  • Los Angeles, CA (10 miles from Torrance, CA)
  • 24 days ago

.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan processing Serving as informational resource for loan products to SS&C GlobeOp's clients and internal departments What...

Demographic Data for Torrance, CA

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


Local
National
177,499
7,439
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.
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: The Decision
So far, in our series on loan processing, we've covered taking the application, verifying that data, compliance regulations, and underwriting the loan. For the final step, we're going to talk...
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...

Salary for Loan Processor Jobs in Torrance, CA

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

Highest Education Level

Loan Processors in Torrance, 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 Torrance, 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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