Loan Processor Jobs in Saint Charles, MO
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.
Loan Administration Specialist Loan Administration Specialist
- Saint Louis, MO (20 miles from Saint Charles, MO)
- 6 days ago
- Saint Louis, MO (20 miles from Saint Charles, MO)
- 6 days ago
Loan Administration Specialist Bank of America 3.2 ( ) St. Louis, MO Why you should apply for a job to Bank of America : Ranked as one of the 57% say women are treated fairly and equally to men...
- Saint Louis, MO (20 miles from Saint Charles, MO)
- 60+ days ago
- Saint Louis, MO (20 miles from Saint Charles, MO)
- 60+ days ago
lending teams and other loan operation associates Identify critical original documentation needed for preservation and loan maintenance and monitoring needed pursuant to loan documentation and other...
Demographic Data for Saint Charles, MO
Moving to Saint Charles, MO? Find some basic demographic data about Saint Charles, MO below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Saint Charles, MO
Highest Education Level
Loan Processors in Saint Charles, MO 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
- Tila Respa Integrated Disclosures
- VA Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- FHLMC
- Loan Processing
- Freddie Mac
- Private Banking
- Fannie Mae
- Encompass
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- USDA
- Underwriting
- Fraud Investigation
- Reconciliations
- Appraisal
- Payment Processing
- Due Diligence
- General Ledger
- File Management
- Real Estate
- Closing
- Finance
- Math
- High School Diploma
- Accounting
- Written Communication
- Documentation
- Verbal Communication
- Data Entry
- 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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