Loan Processor Jobs in Wilmington, DE

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.

1-8 of 8 Jobs

Portfolio Finance Loan Associate Portfolio Finance Loan Associate

  • Newark, DE (12 miles from Wilmington, DE)
  • 7 days ago
  • Newark, DE (12 miles from Wilmington, DE)
  • 7 days ago

Portfolio Finance Loan Associate JPMorgan Chase 3.3 ( ) Newark, DE Why you should apply for a job to JPMorgan Chase : Ranked as one of the 61% say women are treated fairly and equally to men 77%...

Bilingual Loan Processor (ID #453053)

  • Wayne, PA (24 miles from Wilmington, DE)
  • 8 days ago
  • Wayne, PA (24 miles from Wilmington, DE)
  • 8 days ago

#autoMHaticFinancial #NowHiring Summary: : The Loan Processor: manages, and reviews manufactured housing real estate loan documentation to ensure it is completed and complies with company policies and...

Commercial Loan Documentation Specialist

  • West Chester, PA (19 miles from Wilmington, DE)
  • 12 days ago
  • West Chester, PA (19 miles from Wilmington, DE)
  • 12 days ago

Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....

Mortgage Processor

  • Bryn Mawr, PA (23 miles from Wilmington, DE)
  • 20 days ago
  • Bryn Mawr, PA (23 miles from Wilmington, DE)
  • 20 days ago

A minimum of 2 years mortgage processing experience. Must have strong understanding of the mortgage process flow. Must have strong organizational skills....

Portfolio Finance Loan Associate

  • Newark, DE (12 miles from Wilmington, DE)
  • 24 days ago
  • Newark, DE (12 miles from Wilmington, DE)
  • 24 days ago

Are you ready to elevate your career in a fast-paced, innovative environment? You will have the opportunity to utilize and keep developing your skills while contributing to a team that values...

RAC Loan Processor II

  • New Castle, DE (6 miles from Wilmington, DE)
  • 45+ days ago
  • New Castle, DE (6 miles from Wilmington, DE)
  • 45+ days ago

Assist with training and supervision of Loan Processor I as required. 3....

Loan Operations Specialist

  • Wilmington, DE
  • 60+ days ago
  • Wilmington, DE
  • 60+ days ago

Commitment to ensuring thorough and robust quality checks in all aspects of loan processing, with a focus on maintaining high standards and not compromising on accuracy or compliance....

Bilingual Mortgage Loan Processor

  • Bryn Mawr, PA (23 miles from Wilmington, DE)
  • 90+ days ago
  • Bryn Mawr, PA (23 miles from Wilmington, DE)
  • 90+ days ago

A minimum of 2 years mortgage processing experience. Bilingual in Spanish required. A strong understanding of the mortgage process flow. Strong organization skills are a must....

Demographic Data for Wilmington, DE

Moving to Wilmington, DE? Find some basic demographic data about Wilmington, DE below.


Local
National
219,956
9,407
Large

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: 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...
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...

Salary for Loan Processor Jobs in Wilmington, DE

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

Highest Education Level

Loan Processors in Wilmington, DE offer the following education background
Bachelor's Degree
35.7%
High School or GED
22.8%
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 Wilmington, DE
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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