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 15 Jobs

Home Equity Processor / Loan Application Processor

  • Baltimore, MD (13 miles from Jessup, MD)
  • 10 hours ago
  • Baltimore, MD (13 miles from Jessup, MD)
  • 10 hours 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...

Auto Loan Processor

  • Nottingham, MD (23 miles from Jessup, MD)
  • 1 day ago
  • Nottingham, MD (23 miles from Jessup, MD)
  • 1 day 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)
  • 3 days ago
  • Owings Mills, MD (19 miles from Jessup, MD)
  • 3 days ago

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

Loan Processor III

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

LOAN PROCESSOR III* WHAT IS THE OPPORTUNITY? This position is responsible for reviewing, boarding and funding loans and renewals from loan agreements....

Structured Credit & Collateralized Loan Associate Attorney

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

Structured Credit & Collateralized Loan Obligations We are seeking associates with 3+ years of substantial experience in securitization and structured finance, or associates with transactional...

Mortgage Loan Processor

  • Beltsville, MD (9 miles from Jessup, MD)
  • 4 days ago
  • Beltsville, MD (9 miles from Jessup, MD)
  • 4 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....

Home Equity Processor (Financial Loan Processor)

  • Baltimore, MD (13 miles from Jessup, MD)
  • 5 days ago
  • Baltimore, MD (13 miles from Jessup, MD)
  • 5 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 Processor II

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

Mortgage Processor II United States Contract Yes 12884 Job Description Are you ready to join a growing team? CTG is seeking to fill a Mortgage Processor II opening for our client in Buffalo, NY....

Loan Operations Specialist II

  • Washington, DC (21 miles from Jessup, MD)
  • 18 days ago
  • Washington, DC (21 miles from Jessup, MD)
  • 18 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)
  • 23 days ago
  • Bethesda, MD (20 miles from Jessup, MD)
  • 23 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 (21 miles from Jessup, MD)
  • 23 days ago
  • Washington, DC (21 miles from Jessup, MD)
  • 23 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 (16 miles from Jessup, MD)
  • 25 days ago
  • Annapolis, MD (16 miles from Jessup, MD)
  • 25 days ago

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

Remote Sr, Loan Processor, Wholesale,

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

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

Remote Work

Junior Mortgage Processor

  • Bethesda, MD (20 miles from Jessup, MD)
  • 30+ days ago
  • Bethesda, MD (20 miles from Jessup, MD)
  • 30+ days ago

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

Loan Processor

  • Beltsville, MD (9 miles from Jessup, MD)
  • 90+ days ago
  • Beltsville, MD (9 miles from Jessup, 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....

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

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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: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...
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 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
35.6%
High School or GED
22.9%
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 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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