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.
- Melrose, MA (6 miles from Peabody, MA)
- 6 hours ago
- Melrose, MA (6 miles from Peabody, MA)
- 6 hours ago
Vaco Boston has partnered with our client to hire an Operations Specialist to join their team! When: Immediate need, interviews this week! Pay: $25-$30/hour Education and Experience High school...
- Reading, MA (6 miles from Peabody, MA)
- 6 hours ago
- Reading, MA (6 miles from Peabody, MA)
- 6 hours ago
Vaco Boston has partnered with our client to hire an Operations Specialist to join their team! When: Immediate need, interviews this week! Pay: $25-$30/hour Education and Experience High school...
- Boston, MA (12 miles from Peabody, MA)
- 6 hours ago
- Boston, MA (12 miles from Peabody, MA)
- 6 hours ago
Vaco Boston has partnered with our client to help fill a Loan Processor role....
- Boston, MA (12 miles from Peabody, MA)
- 18 days ago
- Boston, MA (12 miles from Peabody, MA)
- 18 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)
- 21 days ago
- Boston, MA (12 miles from Peabody, MA)
- 21 days ago
Minimum of 5 years residential mortgage processing experience. Experience with Encompass....
Loan Administration Specialist Massachusetts Institute of Technology (MIT)
- Cambridge, MA (13 miles from Peabody, MA)
- 30+ days ago
- Cambridge, MA (13 miles from Peabody, MA)
- 30+ days ago
LOAN ADMINISTRATION SPECIALIST, MIT Federal Credit Union (MITFCU), responsiblefortheservice of allnationwiderealestateand consumer loans. Will address the needs of our internal and external...
Loan Processor, Wholesale, Submission
- Salem, MA (3 miles from Peabody, MA)
- 45+ days ago
- Salem, MA (3 miles from Peabody, MA)
- 45+ days ago
One to two (1-2) years Loan Processing work experience required. Encompass/Empower experience preferred....
Loan Processor, Wholesale, Submission
- Boston, MA (12 miles from Peabody, MA)
- 45+ days ago
- Boston, MA (12 miles from Peabody, MA)
- 45+ days ago
** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....
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
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- General Ledger
- File Management
- Real Estate
- Sales Management
- Referrals
- Finance
- Closing
- General Office Duties
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Documentation
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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Here are some other career titles that require similar skills
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