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.
The Mortgage Loan Processor role is a full-time position....
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...
Commercial Loan Documentation Specialist - Grand Rapids, MI
- Grand Rapids, MI
- 10 days ago
- Grand Rapids, MI
- 10 days ago
What youll do: Loan documentation: Responsible for generating legal documentation for all commercial loans, including real estate, SBA, asset based, vehicle and equipment loans....
Mortgage Processor III- Cincinnati, Chicago, and Grand Rapids
- Grand Rapids, MI
- 13 days ago
- Grand Rapids, MI
- 13 days ago
Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....
This role stands as a vital pillar within our team, directly contributing to our seamless loan processing and loan documentation operations....
Assisting Lenders on various tasks related to loan files. Daily loan servicing responsibilities....
Provide support and assistance to all Commercial Lenders throughout the institution. Scanning, typing and clerical work as needed. Assist with preparation of loan proposals....
Mortgage Loan Processor; BR 24 - Loan City; 6.26.2025
- Southfield, MI
- 19 days ago
- Southfield, MI
- 19 days ago
. - Remain up to speed regarding lending and other financial services. - Coordinate all aspects of submission to underwriting, documentation requests and satisfaction of closing/funding conditions....
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....
CRA Loans entered on CRA Relief at least quarterly Training of new employees on commercial loan documentation and procedures Additional responsibilities as assigned....
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....
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 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
- 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
- Closing
- Finance
- Retail
- 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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