Loan Processor Jobs in Louisiana
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.
Highlights: Ensure Compliance: Follow lending guidelines and regulations to guarantee accurate and complete loan documentation....
*Required Qualifications** * Minimum 2 years of mortgage loan processing experience required. * Minimum 2 years of experience of state and federal lending regulations (e.g....
lending or similar finacial experience and/or education.Equal Opportunity/Affirmative Action Employers....
lending or similar finacial experience and/or education....
Bilingual Mortgage Processor III- Cincinnati, Oh, Chicago, IL or Grand Rapids, MI
- Covington, LA
- 30+ days ago
- Covington, LA
- 30+ days ago
Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....
The Loan Processor will review loan applications, evaluate applicants' financial status, verify documentation, and ensure compliance with lending regulations....
Our dedicated distribution team performs an array of duties such as receiving and processing incoming stock and materials, picking and filling orders from automated and manual stock locations, and...
processing/booking • Thorough understanding of the principles governing loan documentation and the perfection of security interests • Thorough understanding of the loan operations function • Ability...
Demographic Data for Louisiana
Moving to Louisiana? Find some basic demographic data about Louisiana below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Louisiana
Highest Education Level
Loan Processors in Louisiana offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Calyx Point
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- Loan Processing
- Mortgage Processing
- Encompass
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Payment Processing
- File Management
- Real Estate
- Problem Resolution
- Sales Management
- Finance
- Closing
- High School Diploma
- Retail
- Prioritizing
- Written Communication
- Telephone Skills
- Documentation
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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