Loan Processor Jobs in Redford, MI
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 Processing Specialist - Full Time
- Auburn Hills, MI (18 miles from Redford, MI)
- 3 days ago
- Auburn Hills, MI (18 miles from Redford, MI)
- 3 days ago
We are currently seeking motivated candidates for a Full Time Loan Processing Specialist position at our Home Office in Auburn Hills. This position works closely with consumer loans....
- Troy, MI (17 miles from Redford, MI)
- 6 days ago
- Troy, MI (17 miles from Redford, MI)
- 6 days ago
Pay Rate: Negotiable per experience! Please apply today to review your resume. Description Hours: Monday through Friday 8:30am to 5pm with 30 minute lunch "This individual will be doing full cycle...
- Bloomfield Township, MI (11 miles from Redford, MI)
- 90+ days ago
- Bloomfield Township, MI (11 miles from Redford, MI)
- 90+ days ago
Minimum 3 years current conventional fixed and ARM, HELOC and construction mortgage loan processing or origination experience. Experience in Mortgage Loan Processing....
Demographic Data for Redford, MI
Moving to Redford, MI? Find some basic demographic data about Redford, MI below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Redford, MI
Highest Education Level
Loan Processors in Redford, MI 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
- Commercial Banking
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Wire Transfers
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- General Ledger
- File Management
- Real Estate
- Sales Management
- Finance
- Closing
- Retail
- High School Diploma
- Written Communication
- Microsoft Outlook
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Multitasking
- Microsoft Excel
- Microsoft Word
- Time Management
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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