Loan Processor Jobs in Fort Washington, 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.

1-10 of 10 Jobs

Mortgage Loan Processor

  • Rockville, MD (24 miles from Fort Washington, MD)
  • 10 days ago
  • Rockville, MD (24 miles from Fort Washington, MD)
  • 10 days ago

Position Purpose Capital Bank is looking for a Mortgage Loan Processor to join our team....

Associate, Loan Servicing

  • Chevy Chase, MD (16 miles from Fort Washington, MD)
  • 10 days ago
  • Chevy Chase, MD (16 miles from Fort Washington, 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...

Home Equity Loan Processor

  • Laurel, MD (24 miles from Fort Washington, MD)
  • 17 days ago
  • Laurel, MD (24 miles from Fort Washington, 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...

Loan Processor, Wholesale, Submission

  • Washington, DC (9 miles from Fort Washington, MD)
  • 29 days ago
  • Washington, DC (9 miles from Fort Washington, MD)
  • 29 days ago

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

Mortgage Loan Processor

  • Beltsville, MD (20 miles from Fort Washington, MD)
  • 29 days ago
  • Beltsville, MD (20 miles from Fort Washington, MD)
  • 29 days ago

Loan Processor IG Copy 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 Operations Specialist II

  • Washington, DC (9 miles from Fort Washington, MD)
  • 30+ days ago
  • Washington, DC (9 miles from Fort Washington, MD)
  • 30+ 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 (16 miles from Fort Washington, MD)
  • 45+ days ago
  • Bethesda, MD (16 miles from Fort Washington, 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 Fort Washington, MD)
  • 45+ days ago
  • Reston, VA (23 miles from Fort Washington, 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...

Junior Mortgage Processor

  • Bethesda, MD (16 miles from Fort Washington, MD)
  • 60+ days ago
  • Bethesda, MD (16 miles from Fort Washington, MD)
  • 60+ days ago

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

Loan Processor

  • Dumfries, VA (20 miles from Fort Washington, MD)
  • 60+ days ago
  • Dumfries, VA (20 miles from Fort Washington, MD)
  • 60+ days ago

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

Demographic Data for Fort Washington, MD

Moving to Fort Washington, MD? Find some basic demographic data about Fort Washington, MD below.


Local
National
52,747
531
Medium

Loan Processor Online Courses and Training Opportunities

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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...
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...
Loan Processing: Verification
The second step of loan processing is verification. After the loan application is completed, it's turned over to the loan processor. They obtain the necessary information from the applicant and...

Salary for Loan Processor Jobs in Fort Washington, MD

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

Highest Education Level

Loan Processors in Fort Washington, MD offer the following education background
Bachelor's Degree
35.7%
High School or GED
22.9%
Associate's Degree
14.9%
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 Fort Washington, 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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