Loan Processor Jobs in Roselle, 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.
- Lake Forest, IL (21 miles from Roselle, IL)
- 1 hour ago
- Lake Forest, IL (21 miles from Roselle, IL)
- 1 hour ago
Consumers Credit Union (CCU) is hiring - join our team as a Loan Processor! As a Loan Processor, you'll work closely with sales team members and vendors to process and fund approved loan packages....
- Chicago, IL (23 miles from Roselle, IL)
- 1 day ago
- Chicago, IL (23 miles from Roselle, IL)
- 1 day ago
Processing Operations - Minimum Compensation & Benefits: Typical hiring range: $20.19 - $27.76 Hourly....
Remote WorkMortgage Processor III- Cincinnati, Chicago, and Grand Rapids
- Chicago, IL (23 miles from Roselle, IL)
- 5 days ago
- Chicago, IL (23 miles from Roselle, IL)
- 5 days ago
Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....
Booking Analyst, Loan Operations Specialist
- Chicago, IL (23 miles from Roselle, IL)
- 13 days ago
- Chicago, IL (23 miles from Roselle, IL)
- 13 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...
Loan Operations Specialist - Collateral Release
- Chicago, IL (23 miles from Roselle, IL)
- 13 days ago
- Chicago, IL (23 miles from Roselle, IL)
- 13 days ago
Documentation, Loan Operations, Microsoft Windows, Prioritization, Quality Assurance (QA), Technical Knowledge...
- Chicago, IL (23 miles from Roselle, IL)
- 14 days ago
- Chicago, IL (23 miles from Roselle, IL)
- 14 days ago
Position Overview: The Loan Documentation Specialist reports directly to the Closing Department Manager....
- Crystal Lake, IL (23 miles from Roselle, IL)
- 30+ days ago
- Crystal Lake, IL (23 miles from Roselle, IL)
- 30+ 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....
Senior KYC and Loan Documentation Specialist
- Schaumburg, IL (4 miles from Roselle, IL)
- 30+ days ago
- Schaumburg, IL (4 miles from Roselle, IL)
- 30+ days ago
Description Summary: The Senior Know Your Customer (KYC) and Loan Documentation Specialist serves as a subject matter expert on Huntington Distribution Finance KYC requirements....
Remote Work- Crystal Lake, IL (23 miles from Roselle, IL)
- 30+ days ago
- Crystal Lake, IL (23 miles from Roselle, IL)
- 30+ 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....
Commercial Loan Documentation Specialist
- Burr Ridge, IL (18 miles from Roselle, IL)
- 30+ days ago
- Burr Ridge, IL (18 miles from Roselle, 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 (23 miles from Roselle, IL)
- 45+ days ago
- Chicago, IL (23 miles from Roselle, IL)
- 45+ days ago
Required Qualifications, Capabilities, and Skills: Minimum of 2 years of Loan Documentation experience. Ability to multi-task effectively and leverage internal resources....
- Chicago, IL (23 miles from Roselle, IL)
- 60+ days ago
- Chicago, IL (23 miles from Roselle, IL)
- 60+ days ago
Processing Operations - Minimum Compensation & Benefits: Typical hiring range: $20.19 - $27.76 Hourly....
Remote WorkDemographic Data for Roselle, IL
Moving to Roselle, IL? Find some basic demographic data about Roselle, IL below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Roselle, IL
Highest Education Level
Loan Processors in Roselle, 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
- Commercial Banking
- Loan Review
- Commercial Lending
- Account Maintenance
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Reconciliations
- General Ledger
- File Management
- Real Estate
- Closing
- Finance
- Retail
- High School Diploma
- Auditing
- Written Communication
- Verbal Communication
- Telephone Skills
- Collaboration
- Documentation
- Reporting
- Data Entry
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Processor Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »