Loan Processor Jobs in Peabody, MA
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 Mortgage Loan Processor
- Boston, MA (12 miles from Peabody, MA)
- 1 day ago
- Boston, MA (12 miles from Peabody, MA)
- 1 day ago
Job Description The Home Equity Mortgage Loan Processor will: Key Responsibilities: Ability to meet production, quality and service standards with emphasis on delivering exquisite customer service Manage...
- Boston, MA (12 miles from Peabody, MA)
- 15 days ago
- Boston, MA (12 miles from Peabody, MA)
- 15 days ago
Job purpose Under the supervision of the Vice President of Lending, the Mortgage Loan Processor processes Home Equity & HELOC Loans in a timely and accurate basis while providing a consistently high...
- Melrose, MA (6 miles from Peabody, MA)
- 18 days ago
- Melrose, MA (6 miles from Peabody, MA)
- 18 days ago
Experienced processing and closing documents for consumer lending product: Home Equity. Skills/Knowledge Superior communication, organizational, multitasking, and interpersonal skills required....
- Boston, MA (12 miles from Peabody, MA)
- 18 days ago
- Boston, MA (12 miles from Peabody, MA)
- 18 days ago
Vaco Boston has partnered with our client to help fill a Loan Processor role....
- Boston, MA (12 miles from Peabody, MA)
- 30+ days ago
- Boston, MA (12 miles from Peabody, MA)
- 30+ days ago
Explains the loan process to include loan options, insurance required on Credit Union loan products, loan policies, interest rates, payoffs, etc....
- Boston, MA (12 miles from Peabody, MA)
- 30+ days ago
- Boston, MA (12 miles from Peabody, MA)
- 30+ days ago
Minimum of 5 years residential mortgage processing experience. Experience with Encompass....
Demographic Data for Peabody, MA
Moving to Peabody, MA? Find some basic demographic data about Peabody, MA below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Peabody, MA
Highest Education Level
Loan Processors in Peabody, MA 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
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Federal National Morgage Association
- Loan Documentation
- Commercial Banking
- Jumbo Loans
- BSA
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- Calyx Point
- Encompass
- Mortgage Processing
- Financial Services
- Loan Servicing
- USDA
- Service Standards
- Underwriting
- Appraisal
- General Ledger
- Customer Retention
- File Management
- Real Estate
- Collections
- Closing
- Finance
- Accounting
- High School Diploma
- Written Communication
- Verbal Communication
- Telephone Skills
- Documentation
- Reporting
- Policy Development
- Data Entry
- Filing
- Regulations
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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