Loan Processor Jobs in Rolling Meadows, 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.
Commercial Loan Documentation Specialist- Hybrid/Remote
- Elk Grove Village, IL (4 miles from Rolling Meadows, IL)
- 1 day ago
- Elk Grove Village, IL (4 miles from Rolling Meadows, IL)
- 1 day ago
First American Bank was founded in Chicago, and over the years has expanded throughout Wisconsin and Florida. As the largest privately held bank in Illinois, we now have over 60 locations and...
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 2 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 2 days ago
This role focuses on reviewing loans that have gone through underwriting and approval, ensuring accuracy and completeness behind the scenes in loan documentation and processing....
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 2 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 2 days ago
Job Description: Assisting the staff at the Chicago Wabash building with administrative and mail processing Provide support for Chicago Loan Processing and Letter of Credit Teams....
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 3 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 3 days ago
Provide support for Chicago Loan Processing and Letter of Credit Teams....
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 14 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 14 days ago
We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients. At CIBC, we embrace your...
Loan Origination Specialist IV
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 18 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 18 days ago
Calculate and monitor complex interest and fee accruals at various rate levels, ensuring accuracy and compliance with changing lender distributions....
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 22 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 22 days ago
Mortgage Loan Processor Company: U.S. Bank Location: Chicago, IL Date Posted: 7/23/25, 4:40 AM At U.S. Bank, we're on a journey to do our best....
Loan Documentation Specialist - R143978
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 24 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 24 days ago
Under general supervision (but works independently move of the time) responsible for the preparation of commercial loan documentation and/or review of attorney prepared commercial loan documentation...
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 30+ days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 30+ days ago
Under general supervision (but works independently move of the time) responsible for the preparation of commercial loan documentation and/or review of attorney prepared commercial loan documentation...
Associate Loan Servicing Representative - Hybrid
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 30+ days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 30+ days ago
Interact both verbally and in writing with multiple internal and external partners to resolve member issues, improve processes and create a favorable lending experience....
Commercial Loan Documentation Specialist Part-Time Temp to Hire
- Burr Ridge, IL (23 miles from Rolling Meadows, IL)
- 30+ days ago
- Burr Ridge, IL (23 miles from Rolling Meadows, IL)
- 30+ days ago
Summary: Works with Commercial Bankers to prepare loan documents for any new, modification or renewal of our commercial loans with minimal supervision to close the transaction and complete the...
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 45+ days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 45+ days ago
Position Overview: The Loan Documentation Specialist reports directly to the Closing Department Manager....
- Crystal Lake, IL (19 miles from Rolling Meadows, IL)
- 60+ days ago
- Crystal Lake, IL (19 miles from Rolling Meadows, IL)
- 60+ days ago
Processor is responsible for providing support to the lending staff through multiple functions associated with pre-closing and post-closing due diligence activities....
Demographic Data for Rolling Meadows, IL
Moving to Rolling Meadows, IL? Find some basic demographic data about Rolling Meadows, IL below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Rolling Meadows, IL
Highest Education Level
Loan Processors in Rolling Meadows, 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
- Lending
- Federal Housing Administration
- Nationwide Mortgage Licensing System & Registry
- Loan Documentation
- Jumbo Loans
- Tila Respa Integrated Disclosures
- VA Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- FHLMC
- Loan Processing
- Freddie Mac
- Private Banking
- Fannie Mae
- Encompass
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- USDA
- Underwriting
- Fraud Investigation
- Reconciliations
- Appraisal
- Payment Processing
- Due Diligence
- General Ledger
- File Management
- Real Estate
- Closing
- Finance
- Math
- High School Diploma
- Accounting
- Written Communication
- Documentation
- Verbal Communication
- Data Entry
- Filing
- Policy Development
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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