Loan Processor Jobs in Burbank, IL
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.
Booking Analyst, Loan Operations Specialist
- Chicago, IL (12 miles from Burbank, IL)
- 1 day ago
- Chicago, IL (12 miles from Burbank, IL)
- 1 day ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Loan Operations Specialist - Collateral Release
- Chicago, IL (12 miles from Burbank, IL)
- 1 day ago
- Chicago, IL (12 miles from Burbank, IL)
- 1 day ago
Documentation, Loan Operations, Microsoft Windows, Prioritization, Quality Assurance (QA), Technical Knowledge...
- Chicago, IL (12 miles from Burbank, IL)
- 1 day ago
- Chicago, IL (12 miles from Burbank, IL)
- 1 day ago
Position Overview: The Loan Documentation Specialist reports directly to the Closing Department Manager....
- Chicago, IL (12 miles from Burbank, IL)
- 8 days ago
- Chicago, IL (12 miles from Burbank, IL)
- 8 days ago
Expert knowledge of overall mortgage lending internal processes and control, as well as federal, state, and regulatory requirements/guidelines related to consumer mortgage lending for conventional,...
- Mokena, IL (15 miles from Burbank, IL)
- 16 days ago
- Mokena, IL (15 miles from Burbank, IL)
- 16 days ago
Minimum of 5 years residential mortgage processing experience. Experience with Encompass....
- Chicago, IL (12 miles from Burbank, IL)
- 16 days ago
- Chicago, IL (12 miles from Burbank, IL)
- 16 days ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
- Munster, IN (19 miles from Burbank, IL)
- 17 days ago
- Munster, IN (19 miles from Burbank, IL)
- 17 days ago
Process, document and service all types of consumer loans in a timely and efficient manner, at the direction of loan officers and branch managers. DUTIES AND RESPONSIBILITIES - Process and...
Commercial Loan Documentation Specialist
- Burr Ridge, IL (8 miles from Burbank, IL)
- 30+ days ago
- Burr Ridge, IL (8 miles from Burbank, IL)
- 30+ days ago
Equivalent years of relevant work experience may be considered in lieu of a degree. 0-2 years' experience in commercial loan documentation or commercial loan collateral review/audit role preferred....
Loan Origination Specialist IV
- Chicago, IL (12 miles from Burbank, IL)
- 30+ days ago
- Chicago, IL (12 miles from Burbank, IL)
- 30+ days ago
Required Qualifications, Capabilities, and Skills: Minimum of 2 years of Loan Documentation experience. Ability to multi-task effectively and leverage internal resources....
Loan Processing Specialist - Intermediate Level
- Rosemont, IL (18 miles from Burbank, IL)
- 45+ days ago
- Rosemont, IL (18 miles from Burbank, IL)
- 45+ days ago
Training/ Education/ Experience Required: 3+ years' experience in financial services Loan Booking experience; loan servicing or loan documentation experience a plus High school diploma or equivalent...
- Chicago, IL (12 miles from Burbank, IL)
- 60+ days ago
- Chicago, IL (12 miles from Burbank, IL)
- 60+ days ago
Processing Operations - Minimum Compensation & Benefits: Typical hiring range: $20.19 - $27.76 Hourly....
Remote WorkDemographic Data for Burbank, IL
Moving to Burbank, IL? Find some basic demographic data about Burbank, IL below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Burbank, IL
Highest Education Level
Loan Processors in Burbank, IL 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
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Taxes
- Appraisal
- Reconciliations
- General Ledger
- File Management
- Real Estate
- Sales Management
- Referrals
- Finance
- Closing
- General Office Duties
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Documentation
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Multitasking
- Microsoft Excel
- Time Management
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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