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.
Primary Purpose: Responsible for the day to day reconciliation of various bank related General Ledger and DDA Accounts. Principal Duties and Responsibilities: Reconcile General Ledger accounts...
Title: Commercial Loan Processor Department: Commercial Lending - Loan Operations Reports To: Frances Jackson AVP, Loan Operations Supervises: N/A Job Classification: Onsite, Full-time, Non-Exempt Job...
Communicate with lending staff to gather additional information as needed to accurately board loans and resolve issues....
EDUCATION, EXPERIENCE, SKILLS Minimum of three (3) years of work experience in consumer and commercial loan documentation preferred....
Demographic Data for Mississippi
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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
- 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
- Collections
- Closing
- Finance
- 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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