Loan Processor Jobs in Shelton, CT
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.
Assoc Residential & Consumer Loan Processor
- Plantsville, CT (21 miles from Shelton, CT)
- 6 days ago
- Plantsville, CT (21 miles from Shelton, CT)
- 6 days ago
If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families,...
Assoc Residential & Consumer Loan Processor
- Southington, CT (23 miles from Shelton, CT)
- 9 days ago
- Southington, CT (23 miles from Shelton, CT)
- 9 days ago
If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families,...
Commercial Loan Documentation Specialist
- Danbury, CT (18 miles from Shelton, CT)
- 17 days ago
- Danbury, CT (18 miles from Shelton, CT)
- 17 days ago
Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....
- New Haven, CT (10 miles from Shelton, CT)
- 22 days ago
- New Haven, CT (10 miles from Shelton, CT)
- 22 days ago
A Community Bank is in need of a SBA Loan Processor/Assistant that will work with 7a loan requests....
Demographic Data for Shelton, CT
Moving to Shelton, CT? Find some basic demographic data about Shelton, CT below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Shelton, CT
Highest Education Level
Loan Processors in Shelton, CT offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- Loan Documentation
- BSA
- Conventional Loans
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Loan Processing
- VA Loans
- Calyx Point
- Mortgage Processing
- Encompass
- Wire Transfers
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- File Management
- Real Estate
- Problem Resolution
- Sales Management
- Finance
- Closing
- High School Diploma
- Retail
- Written Communication
- Verbal Communication
- Prioritizing
- Telephone Skills
- Documentation
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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Here are some other career titles that require similar skills
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