Loan Processor Jobs in Colorado

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.

1-11 of 11 Jobs

Loan Documentation Specialist I, II or III

  • Colorado Springs, CO
  • 21 hours ago
  • Colorado Springs, CO
  • 21 hours ago

Hiring Pay Ranges: $19.25 - $28.50 per hour Loan Documentation Specialist I - $19.25 - $22.63 per hour Loan Documentation Specialist II - $20.50 - $25.25 per hour Loan Documentation Specialist III -...

Consumer and Small Business Loan Processor I

  • Broomfield, CO
  • 6 days ago
  • Broomfield, CO
  • 6 days ago

lender in Colorado....

Commercial Loan Associate

  • Boulder, CO
  • 14 days ago
  • Boulder, CO
  • 14 days ago

EDUCATION / EXPERIENCE REQUIREMENTS: High school diploma; some college business courses preferred Minimum three years commercial and real estate loan processing or servicing experience KNOWLEDGE AND...

Commercial Loan Processor I

  • Grand Junction, CO
  • 17 days ago
  • Grand Junction, CO
  • 17 days ago

Produces accurate loan documents via the loan documentation platform (LaserPro) in accordance with the Bank's loan processing procedures....

Mortgage Loan Processor

  • Lakewood, CO
  • 18 days ago
  • Lakewood, CO
  • 18 days ago

Reviews daily status of loans in process, updates files daily asneeded, copy loan documentation as needed and update status report. Followup on loan documentation such as title requirements.3....

Loan Processor II

  • Durango, CO
  • 19 days ago
  • Durango, CO
  • 19 days ago

Knowledge of loan documentation functions, lien perfection and related requirements and procedures. Strong typing abilities. Good verbal skills....

Loan Processor, Wholesale, Submission

  • Denver, CO
  • 28 days ago
  • Denver, CO
  • 28 days ago

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

Commercial Loan Associate

  • Denver, CO
  • 30+ days ago
  • Denver, CO
  • 30+ days ago

Requirements A minimum of three years of loan processing or loan servicing experience in a similar financial environment; High school diploma or equivalent required with some college business courses...

Commercial Loan Associate - Boulder

  • Boulder, CO
  • 30+ days ago
  • Boulder, CO
  • 30+ days ago

Requirements A minimum of three years of loan processing or loan servicing experience in a similar financial environment; High school diploma or equivalent required with some college business courses...

Loan Support Specialist

  • Pueblo, CO
  • 30+ days ago
  • Pueblo, CO
  • 30+ days ago

About The Role We are seeking a TALENTED and ENTHUSIASTIC individual for our Loan Support Team. This position is responsible for auditing the completion and accuracy of data being entered into the...

Loan Processor

  • Denver, CO
  • 45+ days ago
  • Denver, CO
  • 45+ days ago

The Loan Processor is responsible for prioritizing and executing tasks and is supported by advanced technology solutions and an experienced loan processing mentor....

Demographic Data for Colorado

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


Local
National
5,773,997
178,799

Loan Processor Online Courses and Training Opportunities

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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: Compliance
Within three business days after completing and verifying the application, the lender needs to provide the applicant with a loan estimate of the anticipated closing costs. This estimate shows the...
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 Colorado

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

Highest Education Level

Loan Processors in Colorado 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 Colorado
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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