Loan Processor Jobs in Medina, MN
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.
- Minneapolis, MN (17 miles from Medina, MN)
- 9 days ago
- Minneapolis, MN (17 miles from Medina, MN)
- 9 days ago
Quality Control: Edit loans booked to the loan platform for accuracy and manage participation loan processing for both purchased and sold loans....
- Saint Paul, MN (24 miles from Medina, MN)
- 10 days ago
- Saint Paul, MN (24 miles from Medina, MN)
- 10 days ago
Quality Control: Edit loans booked to the loan platform for accuracy and manage participation loan processing for both purchased and sold loans....
- Minneapolis, MN (22 miles from Medina, MN)
- 11 days ago
- Minneapolis, MN (22 miles from Medina, MN)
- 11 days ago
Quality Control: Edit loans booked to the loan platform for accuracy and manage participation loan processing for both purchased and sold loans....
- Minneapolis, MN (10 miles from Medina, MN)
- 11 days ago
- Minneapolis, MN (10 miles from Medina, MN)
- 11 days ago
Quality Control: Edit loans booked to the loan platform for accuracy and manage participation loan processing for both purchased and sold loans....
- Minneapolis, MN (6 miles from Medina, MN)
- 11 days ago
- Minneapolis, MN (6 miles from Medina, MN)
- 11 days ago
Quality Control: Edit loans booked to the loan platform for accuracy and manage participation loan processing for both purchased and sold loans....
- Minneapolis, MN (19 miles from Medina, MN)
- 11 days ago
- Minneapolis, MN (19 miles from Medina, MN)
- 11 days ago
Quality Control: Edit loans booked to the loan platform for accuracy and manage participation loan processing for both purchased and sold loans....
- Minneapolis, MN (16 miles from Medina, MN)
- 25 days ago
- Minneapolis, MN (16 miles from Medina, MN)
- 25 days ago
Detailed knowledge of overall mortgage lending internal processes and control, as well as federal, state, and regulatory requirements/guidelines related to consumer mortgage lending for conventional...
- Edina, MN (17 miles from Medina, MN)
- 28 days ago
- Edina, MN (17 miles from Medina, MN)
- 28 days ago
Detailed knowledge of overall mortgage lending internal processes and control, as well as federal, state, and regulatory requirements/guidelines related to consumer mortgage lending for conventional...
- Minneapolis, MN (16 miles from Medina, MN)
- 30+ days ago
- Minneapolis, MN (16 miles from Medina, MN)
- 30+ days ago
PEF Documentation We are currently seeking a self-motived, highly driven Loan Documentation Specialist with strong administrative and interpersonal skills....
- Bloomington, MN (22 miles from Medina, MN)
- 30+ days ago
- Bloomington, MN (22 miles from Medina, MN)
- 30+ days ago
Mortgage Lending/Servicing experience desirable....
Demographic Data for Medina, MN
Moving to Medina, MN? Find some basic demographic data about Medina, MN below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Medina, MN
Highest Education Level
Loan Processors in Medina, MN 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
- Federal Housing Administration
- Nationwide Mortgage Licensing System & Registry
- Loan Documentation
- Jumbo Loans
- Loan Review
- Tila Respa Integrated Disclosures
- VA Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- FHLMC
- Loan Processing
- Freddie Mac
- Fannie Mae
- Encompass
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- USDA
- Underwriting
- Reconciliations
- Appraisal
- Payment Processing
- Due Diligence
- General Ledger
- File Management
- Real Estate
- Closing
- Finance
- High School Diploma
- Accounting
- Written Communication
- Documentation
- Verbal Communication
- Data Entry
- Reporting
- Filing
- Policy Development
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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