Loan Processor Jobs in Stillwater, 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.
- South Saint Paul, MN (15 miles from Stillwater, MN)
- 9 hours ago
- South Saint Paul, MN (15 miles from Stillwater, MN)
- 9 hours ago
Loan Processor to process a high volume of consumer loans....
- Saint Paul, MN (14 miles from Stillwater, MN)
- 2 days ago
- Saint Paul, MN (14 miles from Stillwater, MN)
- 2 days ago
RRE Loan Processor -2 Job ID: 2496 Location: Bremer Service Ctr - Lake Elmo Full/Part Time: Full-Time Regular/Temporary: Regular Application Deadline Application Deadline: Job Description A RRE Loan...
Commercial Loan Operations Specialist
- Saint Paul, MN (14 miles from Stillwater, MN)
- 25 days ago
- Saint Paul, MN (14 miles from Stillwater, MN)
- 25 days ago
Prepare and review appropriate loan documentation for respective closing and/or renewals in LaserPro (Loan Documentation Software) accordance with loan policy guidelines and compliant with regulatory...
Remote Work- Woodbury, MN (11 miles from Stillwater, MN)
- 30+ days ago
- Woodbury, MN (11 miles from Stillwater, MN)
- 30+ days ago
Prepares necessary retail and commercial loan documentation through Laser Pro software. This includes new, renewed and modified documents for commercial and consumer loans....
Demographic Data for Stillwater, MN
Moving to Stillwater, MN? Find some basic demographic data about Stillwater, MN below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Stillwater, MN
Highest Education Level
Loan Processors in Stillwater, 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
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal Housing Administration
- Federal National Morgage Association
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Taxes
- Appraisal
- Reconciliations
- General Ledger
- File Management
- Real Estate
- Closing
- Finance
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Documentation
- Reporting
- Data Entry
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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