Loan Processor Jobs in Michigan
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.
Reports to: Mortgage Processing Manager About Us Dart Bank has an immediate opening for a Mortgage Processor. Dart Bank is a community bank, serving our community since 1925....
Members First Credit Union is looking for an experienced **Consumer Loan Processor I** with at least one year of financial institution experience.We strive to create an atmosphere of belonging with...
Job Type Full-time Description Consumer Loan Processor Non-Exempt Grade Level 3 Equal Employment Opportunity Corporate Values & Mission Provide superior service, quality advice and show our utmost respect...
Job Type Full-time Description Consumer Loan Processor Non-Exempt Grade Level 3 Equal Employment Opportunity Corporate Values & Mission Provide superior service, quality advice and show our utmost respect...
Loan Processor I Kalamazoo, MI Description Employment Type: Full-Time, Hybrid #LI-HYBRID This Loan Processor I position starts at $19.35 per hour with an annual award opportunity based off individual...
: Join a growing community bank in Southeast Michigan. Bank Michigan is currently seeking qualified applicants for the position of **Retail & Loan Operations Specialist.****JOB SUMMARY**Provides...
Consumer Loan Processor Job Details Level Entry Job Location Team United HQ - St....
In order to be considered for this position you must apply online at: **[** Position Title: Mortgage Loan Processor## Reports To: Underwriting Supervisor## General Purpose:Verify the mortgage file has...
** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....
This role stands as a vital pillar within our team, directly contributing to our seamless loan processing and loan documentation operations....
Apply Description Full Time In Person Team member will primarily be responsible for tasks associated with supporting all processes of the Loan Operations Department. Essential Functions: Inputs...
Your day to day as a Commercial Loan Processing Specialist As a Commercial Loan Processing Specialist, you play a key role in the commercial lending process working with our loan accounting system....
Reports To: Mortgage Loan Processor Team Lead Essential Duties and Responsibilities Maintain caseload in a timely and responsible manner....
Reports To: Mortgage Loan Processor Team Lead Essential Duties and Responsibilities Maintain caseload in a timely and responsible manner....
Finalize the loan processing stage by preparing loans for submission to the Closing department....
Demographic Data for Michigan
Moving to Michigan? Find some basic demographic data about Michigan below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Michigan
Highest Education Level
Loan Processors in Michigan 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
- Commercial Lending
- Account Maintenance
- Fannie Mae
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Wire Transfers
- Financial Services
- USDA
- Loan Servicing
- Mortgage Servicing
- Underwriting
- Internal Control
- Appraisal
- General Ledger
- File Management
- Real Estate
- Sales Management
- Referrals
- Finance
- Closing
- General Office Duties
- Accounting
- Retail
- High School Diploma
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- 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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