Loan Processor Jobs in Damascus, 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.
Indirect Lending Loan Processor
- Herndon, VA (23 miles from Damascus, MD)
- 3 days ago
- Herndon, VA (23 miles from Damascus, MD)
- 3 days ago
Overview As an Indirect Lending Loan Processor, you will be responsible for the processing of assigned loans against credit criteria and credit union policy....
- Westminster, MD (21 miles from Damascus, MD)
- 4 days ago
- Westminster, MD (21 miles from Damascus, MD)
- 4 days ago
Overview: Horizon Farm Credit is recruiting for two Loan Processors to join our team....
- Rockville, MD (14 miles from Damascus, MD)
- 10 days ago
- Rockville, MD (14 miles from Damascus, MD)
- 10 days ago
Position Purpose Capital Bank is looking for a Mortgage Loan Processor to join our team....
- Chevy Chase, MD (22 miles from Damascus, MD)
- 10 days ago
- Chevy Chase, MD (22 miles from Damascus, MD)
- 10 days ago
COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is...
- Frederick, MD (13 miles from Damascus, MD)
- 12 days ago
- Frederick, MD (13 miles from Damascus, MD)
- 12 days ago
Insight Global is hiring for three Mortgage Loan Processors to join one of the largest homebuilding companies across the country in their Mortgage division....
- Laurel, MD (22 miles from Damascus, MD)
- 17 days ago
- Laurel, MD (22 miles from Damascus, MD)
- 17 days ago
. • Three to five years of experience as a home equity loan processor or mortgage loan processor. • Experience to include successfully working with DU or LP automated underwriting systems. • PC Proficient...
- Herndon, VA (23 miles from Damascus, MD)
- 18 days ago
- Herndon, VA (23 miles from Damascus, MD)
- 18 days ago
The Consumer Lending Loan Processor is responsible for the timely and accurate processing of consumer loans....
Loan Processor, Wholesale, Submission
- Owings Mills, MD (24 miles from Damascus, MD)
- 29 days ago
- Owings Mills, MD (24 miles from Damascus, MD)
- 29 days ago
** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....
- Frederick, MD (13 miles from Damascus, MD)
- 30+ days ago
- Frederick, MD (13 miles from Damascus, MD)
- 30+ days ago
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes....
- Bethesda, MD (22 miles from Damascus, MD)
- 45+ days ago
- Bethesda, MD (22 miles from Damascus, MD)
- 45+ 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....
Post-Closing Loan Documentation Specialist II
- Reston, VA (23 miles from Damascus, MD)
- 45+ days ago
- Reston, VA (23 miles from Damascus, MD)
- 45+ 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...
- Bethesda, MD (22 miles from Damascus, MD)
- 60+ days ago
- Bethesda, MD (22 miles from Damascus, MD)
- 60+ days ago
Key Responsibilities Review loan documentation to confirm alignment with term sheets and loan program guidelines....
Demographic Data for Damascus, MD
Moving to Damascus, MD? Find some basic demographic data about Damascus, MD below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Damascus, MD
Highest Education Level
Loan Processors in Damascus, MD 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
- Commercial Lending
- Account Maintenance
- Fannie Mae
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Wire Transfers
- Financial Services
- USDA
- Loan Servicing
- Mortgage Servicing
- Underwriting
- Internal Control
- Appraisal
- General Ledger
- File Management
- Real Estate
- Sales Management
- Referrals
- Finance
- Closing
- General Office Duties
- Accounting
- Retail
- High School Diploma
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Teamwork
- 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 »