Loan Processor Jobs in Jessup, 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.

1-15 of 16 Jobs

Senior Loan Documentation Specialist

  • Rockville, MD (19 miles from Jessup, MD)
  • 3 days ago
  • Rockville, MD (19 miles from Jessup, MD)
  • 3 days ago

Ensures certain core loan documentation is timely uploaded to the Bank's Imaging System....

Mortgage Loan Processor

  • Columbia, MD (6 miles from Jessup, MD)
  • 5 days ago
  • Columbia, MD (6 miles from Jessup, MD)
  • 5 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....

Mortgage Loan Processor

  • Columbia, MD (6 miles from Jessup, MD)
  • 7 days ago
  • Columbia, MD (6 miles from Jessup, MD)
  • 7 days ago

NOW HIRING EXPERIENCED LOAN PROCESSORS IN COLUMBIA, MD!...

Home Equity Loan Processor

  • Columbia, MD (6 miles from Jessup, MD)
  • 9 days ago
  • Columbia, MD (6 miles from Jessup, MD)
  • 9 days ago

NOW HIRING EXPERIENCED LOAN PROCESSORS IN COLUMBIA, MD!...

Mortgage Loan Processor

  • Washington, DC (21 miles from Jessup, MD)
  • 12 days ago
  • Washington, DC (21 miles from Jessup, MD)
  • 12 days ago

As a member of the Loan Processing team, you will review loan file documentation, including credit, employment, income, and assets within a Mortgage Loan being processed, to direct all loan fulfillment...

Remote Work

Mortgage Loan Processor III

  • Annapolis, MD (16 miles from Jessup, MD)
  • 14 days ago
  • Annapolis, MD (16 miles from Jessup, MD)
  • 14 days ago

MORTGAGE LOAN PROCESSOR III* WHAT IS THE OPPORTUNITY? The Mortgage Loan Processor III is responsible for processing home equity line of credit's, purchase, and refinance transactions....

Loan Processor

  • Columbia, MD (6 miles from Jessup, MD)
  • 15 days ago
  • Columbia, MD (6 miles from Jessup, MD)
  • 15 days ago

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

Commercial Loan Processor

  • Columbia, MD (6 miles from Jessup, MD)
  • 16 days ago
  • Columbia, MD (6 miles from Jessup, MD)
  • 16 days 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...

Commerical Loan Processor

  • Columbia, MD (6 miles from Jessup, MD)
  • 17 days ago
  • Columbia, MD (6 miles from Jessup, MD)
  • 17 days 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...

Mortgage Loan Processor

  • Rockville, MD (19 miles from Jessup, MD)
  • 30+ days ago
  • Rockville, MD (19 miles from Jessup, MD)
  • 30+ days ago

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

Associate, Loan Servicing

  • Chevy Chase, MD (19 miles from Jessup, MD)
  • 30+ days ago
  • Chevy Chase, MD (19 miles from Jessup, MD)
  • 30+ 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...

Auto Loan Processor

  • Nottingham, MD (23 miles from Jessup, MD)
  • 45+ days ago
  • Nottingham, MD (23 miles from Jessup, MD)
  • 45+ days ago

Auto Loan Processor FLSA Status Non- Exempt Schedule Full time, 40 hours Work hours will depend on the business hours of the time zone serviced....

Loan Processor, Wholesale, Submission

  • Owings Mills, MD (19 miles from Jessup, MD)
  • 45+ days ago
  • Owings Mills, MD (19 miles from Jessup, MD)
  • 45+ days ago

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

Loan Operations Specialist II

  • Washington, DC (21 miles from Jessup, MD)
  • 60+ days ago
  • Washington, DC (21 miles from Jessup, MD)
  • 60+ 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 (20 miles from Jessup, MD)
  • 60+ days ago
  • Bethesda, MD (20 miles from Jessup, MD)
  • 60+ 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....

Demographic Data for Jessup, MD

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


Local
National
16,658
535
Medium/Sm

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.
Construction Loan-in-process
Learn the fundamentals of accounting for construction loans, focusing on the Loan-in-Process (LIP) account. This course is ideal for professionals in lending, finance, or accounting who work with...
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,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

Salary for Loan Processor Jobs in Jessup, MD

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

Highest Education Level

Loan Processors in Jessup, 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 Jessup, 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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