Loan Processor Jobs in Berwyn Heights, MD

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.

1-12 of 12 Jobs

Mortgage Loan Processor

  • Columbia, MD (14 miles from Berwyn Heights, MD)
  • 1 day ago
  • Columbia, MD (14 miles from Berwyn Heights, MD)
  • 1 day ago

Insight Global is hiring for a Mortgage Loan Processor to join one of the largest homebuilding companies across the country in their Mortgage division....

Loan Processor Mortgage Homebuilder Beltsville Onsite

  • Columbia, MD (14 miles from Berwyn Heights, MD)
  • 3 days ago
  • Columbia, MD (14 miles from Berwyn Heights, MD)
  • 3 days ago

As a Loan Processor, your customer service acumen and financial background will allow you to help families purchase high-quality homes in your community....

Loan Operations Specialist II

  • Washington, DC (9 miles from Berwyn Heights, MD)
  • 5 days ago
  • Washington, DC (9 miles from Berwyn Heights, MD)
  • 5 days ago

Ability to read and interpret loan approvals and loan documentation Ability to complete task within established timeframe Maintain professional attitude to both internal and external customers Proficient...

Mortgage Processor

  • Bethesda, MD (9 miles from Berwyn Heights, MD)
  • 10 days ago
  • Bethesda, MD (9 miles from Berwyn Heights, MD)
  • 10 days ago

Skills: Strong knowledge of loan documentation policies and mortgage regulations. High attention to detail, accuracy, and ability to multitask. Excellent communication and customer service skills....

Mortgage Processor III

  • Washington, DC (9 miles from Berwyn Heights, MD)
  • 10 days ago
  • Washington, DC (9 miles from Berwyn Heights, MD)
  • 10 days ago

Mortgage Processor III United States Contract Yes 12452 Job Description Are you ready to join a growing team? CTG is seeking to fill a Mortgage Processor III opening for our client in New York....

Mortgage Loan Processor II

  • Annapolis, MD (20 miles from Berwyn Heights, MD)
  • 12 days ago
  • Annapolis, MD (20 miles from Berwyn Heights, MD)
  • 12 days ago

The Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions....

Post-Closing Loan Documentation Specialist II

  • Reston, VA (22 miles from Berwyn Heights, MD)
  • 17 days ago
  • Reston, VA (22 miles from Berwyn Heights, MD)
  • 17 days ago

Apply Description John Marshall Bank is seeking a Post-Closing Loan Documentation Specialist II responsible for the comprehensive review of commercial and consumer loan files during the post-closing...

Remote Sr, Loan Processor, Wholesale,

  • Washington, DC (9 miles from Berwyn Heights, MD)
  • 20 days ago
  • Washington, DC (9 miles from Berwyn Heights, MD)
  • 20 days ago

** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....

Remote Work

Mortgage/Loan Processor

  • Bethesda, MD (9 miles from Berwyn Heights, MD)
  • 24 days ago
  • Bethesda, MD (9 miles from Berwyn Heights, MD)
  • 24 days ago

Skills: Strong knowledge of loan documentation policies and mortgage regulations. High attention to detail, accuracy, and ability to multitask. Excellent communication and customer service skills....

Junior Mortgage Processor

  • Bethesda, MD (9 miles from Berwyn Heights, MD)
  • 27 days ago
  • Bethesda, MD (9 miles from Berwyn Heights, MD)
  • 27 days ago

Key Responsibilities Review loan documentation to confirm alignment with term sheets and loan program guidelines....

Loan Processor

  • Beltsville, MD (2 miles from Berwyn Heights, MD)
  • 90+ days ago
  • Beltsville, MD (2 miles from Berwyn Heights, MD)
  • 90+ days ago

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes....

Loan Operations Specialist

  • Silver Spring, MD (4 miles from Berwyn Heights, MD)
  • 45+ days ago
  • Silver Spring, MD (4 miles from Berwyn Heights, MD)
  • 45+ days ago

POSITION SUMMARY: Reporting to the Lending Manager of the HIAS Economic Advancement Fund, the Loan Operations Specialist plays an integral role ensuring that the loan lifecycle, from application...

Demographic Data for Berwyn Heights, MD

Moving to Berwyn Heights, MD? Find some basic demographic data about Berwyn Heights, MD below.


Local
National
6,176,902
140,318

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...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
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 Berwyn Heights, MD

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

Highest Education Level

Loan Processors in Berwyn Heights, MD offer the following education background
Bachelor's Degree
35.6%
High School or GED
23.0%
Associate's Degree
14.8%
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 Berwyn Heights, MD
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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