Loan Processor Jobs in Essex, 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.
Home Equity Processor (Financial Loan Processor)
- Baltimore, MD (10 miles from Essex, MD)
- 1 day ago
- Baltimore, MD (10 miles from Essex, MD)
- 1 day ago
Managing a pipeline of active applications (FT Processors is 35-40 --- maxed out around 25 pipeline) -Looking to work around 10 applications/day where they are calling and emailing to follow up...
- Columbia, MD (24 miles from Essex, MD)
- 9 days ago
- Columbia, MD (24 miles from Essex, MD)
- 9 days 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 (24 miles from Essex, MD)
- 12 days ago
- Columbia, MD (24 miles from Essex, MD)
- 12 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....
- Annapolis, MD (21 miles from Essex, MD)
- 21 days ago
- Annapolis, MD (21 miles from Essex, MD)
- 21 days ago
The Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions....
Associate - Loan Servicing Operations
- Baltimore, MD (10 miles from Essex, MD)
- 30+ days ago
- Baltimore, MD (10 miles from Essex, MD)
- 30+ days ago
We're seeking someone to join our team as an Associate on the Loan Servicing Administration Servicing Team responsible for daily lifecycle servicing transactions within a dynamic portfolio of...
Demographic Data for Essex, MD
Moving to Essex, MD? Find some basic demographic data about Essex, MD below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Essex, MD
Highest Education Level
Loan Processors in Essex, MD offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Prioritizing
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Fannie Mae
- BSA
- Conventional Loans
- Account Maintenance
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Loan Processing
- Mortgage Processing
- Encompass
- Financial Services
- Wire Transfers
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- General Ledger
- File Management
- Real Estate
- Problem Resolution
- Sales Management
- Finance
- Closing
- Accounting
- High School Diploma
- Retail
- Written Communication
- Verbal Communication
- Telephone Skills
- Documentation
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Teamwork
- Microsoft Excel
- Microsoft Office
- Time Management
- 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 »