Loan Processor Jobs in California

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.

1-15 of 29 Jobs

Mortgage Loan Processor III

  • Sacramento, CA
  • 18 hours ago
  • Sacramento, CA
  • 18 hours ago

MORTGAGE LOAN PROCESSOR III WHAT IS THE OPPORTUNITY? The Mortgage Loan Processor III is responsible for processing home equity line of credit's, purchase, and refinance transactions....

Loan Processor I

  • Santa Cruz, CA
  • 21 hours ago
  • Santa Cruz, CA
  • 21 hours 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...

Mortgage Loan Processor III

  • CA
  • 5 days ago
  • CA
  • 5 days ago

MORTGAGE LOAN PROCESSOR III WHAT IS THE OPPORTUNITY? The Mortgage Loan Processor III is responsible for processing home equity line of credit's, purchase, and refinance transactions....

Transfer Credit Processor

  • Pomona, CA
  • 6 days ago
  • Pomona, CA
  • 6 days ago

Type of Appointment : Full-Time, Probationary Job Classification : Evaluator I Anticipated Hiring Range : $4,262 - $4,476 per month Work Hours : Monday through Friday, 8am - 5pm, unless otherwise...

Transfer Credit Processor

  • CA
  • 6 days ago
  • CA
  • 6 days ago

Type of Appointment : Full-Time, Probationary Job Classification : Evaluator I Anticipated Hiring Range : $4,262 - $4,476 per month Work Hours : Monday through Friday, 8am - 5pm, unless otherwise...

SBA Loan Processor

  • Livermore, CA
  • 6 days ago
  • Livermore, CA
  • 6 days ago

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

Senior Loan Documentation Specialist

  • Rancho Cordova, CA
  • 6 days ago
  • Rancho Cordova, CA
  • 6 days ago

Senior Loan Documentation Specialist Position Title: Senior Loan Documentation Specialist Location: Novato, CA or Rancho Cordova, CA Job Type: Full time role Industry: Banking / Financial Services Job...

Loan Documentation Specialist III

  • Los Angeles, CA
  • 10 days ago
  • Los Angeles, CA
  • 10 days ago

LOAN DOCUMENTATION SPECIALIST III WHAT IS THE OPPORTUNITY?...

Loan Servicing Coordinator

  • Irvine, CA
  • 10 days ago
  • Irvine, CA
  • 10 days ago

Prepare are modification loan documentation on Laser Pro as assigned by Supervisor....

Direct Loan Processor Specialist I

  • Sacramento, CA
  • 11 days ago
  • Sacramento, CA
  • 11 days ago

Location: Sacramento, CA Salary: $20.00 USD Hourly - $22.00 USD Hourly Description: Our client is currently seeking a Direct Loan Processor Specialist I Loan Processing & Call Management Manage high-volume...

Senior Loan Processor

  • San Jose, CA
  • 14 days ago
  • San Jose, CA
  • 14 days ago

The Senior Loan Processor will be responsible for managing and processing loan documentation, underwriting loans, and ensuring accurate and timely loan processing....

Loan Processor Utility - Loan Documentation

  • Fairfield, CA
  • 16 days ago
  • Fairfield, CA
  • 16 days ago

The Loan Documentation tasks are preparing Commercial and Comsumer loan documentation working directly with the Commercial Hubs and/or branches....

Loan Operations Specialist

  • Lakewood, CA
  • 17 days ago
  • Lakewood, CA
  • 17 days ago

Office setting w/controlled temperature Education and Experience High School Diploma or equivalent required Loan documentation and loan servicing experience preferred As a part of the Bank’s internal...

Home Equity Mortgage Loan Processor

  • Sacramento, CA
  • 17 days ago
  • Sacramento, CA
  • 17 days ago

Job Description The Home Equity Mortgage Loan Processor will: Key Responsibilities: Ability to meet production, quality and service standards with emphasis on delivering exquisite customer service Manage...

SBA Loan Processor

  • Livermore, CA
  • 23 days ago
  • Livermore, CA
  • 23 days ago

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

Demographic Data for California

Moving to California? Find some basic demographic data about California below.


Local
National
39,536,271
996,598

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...
Loan Processing: Verification
The second step of loan processing is verification. After the loan application is completed, it's turned over to the loan processor. They obtain the necessary information from the applicant and...

Salary for Loan Processor Jobs in California

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

Highest Education Level

Loan Processors in California 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 California
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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