Loan Processor Jobs in Mississippi
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.
process....
Overview The purpose of this position is to accurately input basic commercial and consumer loan information into the core loan system using various sources of information including loan...
Mentor and provide assistance to Mortgage Processors....
Mentor and provide assistance to Mortgage Processors....
SECONDARY JOB DUTIES (that are not part of the daily routine): Knowledgeable of regulatory changes involving loan documentation. V....
This is a Job Description for a Commercial Loan Operations Specialist III in Tupelo, MS.Summary: A Loan Servicer is responsible for servicing a highly complex loan syndication and commercial loan...
EDUCATION, EXPERIENCE, SKILLS Minimum of three (3) years of work experience in consumer and commercial loan documentation preferred....
Demographic Data for Mississippi
Moving to Mississippi? Find some basic demographic data about Mississippi below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Mississippi
Highest Education Level
Loan Processors in Mississippi 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
- Loan Processing
- Freddie Mac
- 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
- Accounting
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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