Loan Processor Jobs in Saugus, 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.
Loan Processor, Wholesale, Submission
- Salem, MA (6 miles from Saugus, MA)
- 1 day ago
- Salem, MA (6 miles from Saugus, MA)
- 1 day ago
One to two (1-2) years Loan Processing work experience required. Encompass/Empower experience preferred....
- Salem, MA (6 miles from Saugus, MA)
- 1 day ago
- Salem, MA (6 miles from Saugus, MA)
- 1 day ago
Job Summary: LOAN PROCESSOR III WHAT IS THE OPPORTUNITY? This position is responsible for reviewing, boarding and funding loans and renewals from loan agreements....
Loan Processor, Wholesale, Submission
- Boston, MA (8 miles from Saugus, MA)
- 2 days ago
- Boston, MA (8 miles from Saugus, MA)
- 2 days ago
** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....
- Boston, MA (8 miles from Saugus, MA)
- 2 days ago
- Boston, MA (8 miles from Saugus, MA)
- 2 days ago
LOAN PROCESSOR III* WHAT IS THE OPPORTUNITY? This position is responsible for reviewing, boarding and funding loans and renewals from loan agreements....
- Cambridge, MA (8 miles from Saugus, MA)
- 9 days ago
- Cambridge, MA (8 miles from Saugus, MA)
- 9 days ago
Mortgage Loan Processor Reliant Mortgage LLC Cambridge, Massachusetts Mortgage Loan Processor Job DescriptionKey Responsibilities:Conduct initial evaluations of loan applications, including financial...
- Salem, MA (6 miles from Saugus, MA)
- 14 days ago
- Salem, MA (6 miles from Saugus, MA)
- 14 days ago
The Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions....
- Boston, MA (8 miles from Saugus, MA)
- 24 days ago
- Boston, MA (8 miles from Saugus, MA)
- 24 days ago
The Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions....
Commercial Loan Servicing Coordinator
- Waltham, MA (13 miles from Saugus, MA)
- 30+ days ago
- Waltham, MA (13 miles from Saugus, MA)
- 30+ days ago
Managing any incoming loan documentation, including the creation of new loan note files and indexing of documentation for existing loans and processes....
Senior Loan Support Specialist
- Natick, MA (21 miles from Saugus, MA)
- 30+ days ago
- Natick, MA (21 miles from Saugus, MA)
- 30+ days ago
Prepares loan documentation packages that reflect the specific underwriting loan structure unique to each transaction....
Demographic Data for Saugus, MA
Moving to Saugus, MA? Find some basic demographic data about Saugus, MA below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Saugus, MA
Highest Education Level
Loan Processors in Saugus, MA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Prioritizing
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- BSA
- Conventional Loans
- Commercial Banking
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Loan Processing
- Calyx Point
- Mortgage Processing
- Encompass
- Financial Services
- Wire Transfers
- USDA
- Loan Servicing
- Underwriting
- Payment Processing
- Appraisal
- General Ledger
- File Management
- Real Estate
- Sales Management
- Finance
- Closing
- General Office Duties
- High School Diploma
- Retail
- Written Communication
- Telephone Skills
- Data Entry
- Documentation
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Teamwork
- Microsoft Excel
- Microsoft Office
- Microsoft Word
- Time Management
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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