Loan Processor Jobs in West Covina, 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.
Senior Loan Documentation Specialist
- Los Angeles, CA (18 miles from West Covina, CA)
- 7 hours ago
- Los Angeles, CA (18 miles from West Covina, CA)
- 7 hours 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 (12 miles from West Covina, CA)
- 1 day ago
- Pasadena, CA (12 miles from West Covina, CA)
- 1 day ago
Mortgage Processing Experience Ability to talk to customers on the phone...
- Anaheim, CA (15 miles from West Covina, CA)
- 10 days ago
- Anaheim, CA (15 miles from West Covina, CA)
- 10 days ago
Mortgage Loan Processor III California Remote, California, US, 94203 11047 Fully Remote Loan Admin/Support Apply Now Job Description MORTGAGE LOAN PROCESSOR III WHAT IS THE OPPORTUNITY?...
Remote WorkLoan Documentation Specialist III
- Los Angeles, CA (18 miles from West Covina, CA)
- 14 days ago
- Los Angeles, CA (18 miles from West Covina, CA)
- 14 days ago
LOAN DOCUMENTATION SPECIALIST III WHAT IS THE OPPORTUNITY?...
- Irvine, CA (24 miles from West Covina, CA)
- 15 days ago
- Irvine, CA (24 miles from West Covina, CA)
- 15 days ago
Prepare are modification loan documentation on Laser Pro as assigned by Supervisor....
- Lakewood, CA (18 miles from West Covina, CA)
- 21 days ago
- Lakewood, CA (18 miles from West Covina, CA)
- 21 days ago
Requirements Familiarity with existing Credit Policy Manual and Lending Procedures Manual Understand function and utilization of FM Loan Forms Working knowledge of Lending Regulations, Loan Documentation...
Loan Processor, Wholesale, Submission
- Anaheim, CA (15 miles from West Covina, CA)
- 30+ days ago
- Anaheim, CA (15 miles from West Covina, CA)
- 30+ days ago
** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....
Demographic Data for West Covina, CA
Moving to West Covina, CA? Find some basic demographic data about West Covina, CA below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in West Covina, CA
Highest Education Level
Loan Processors in West Covina, CA 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
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Conventional Loans
- Commercial Lending
- Fannie Mae
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Wire Transfers
- Financial Services
- USDA
- Loan Servicing
- Mortgage Servicing
- Underwriting
- Appraisal
- Due Diligence
- File Management
- Real Estate
- Sales Management
- Referrals
- Finance
- Closing
- General Office Duties
- Accounting
- Retail
- High School Diploma
- Telephone Skills
- Written Communication
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Research Skills
- Teamwork
- 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 »