Loan Processor Jobs in Hopewell, NJ

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.

1-5 of 5 Jobs

Residential Loan Processor/Closer II

  • Perkasie, PA (23 miles from Hopewell, NJ)
  • 1 day ago
  • Perkasie, PA (23 miles from Hopewell, NJ)
  • 1 day ago

Overview Responsible to process mortgage, equity, and consumer loan applications from the application stage through closing by delivering excellent and timely customer service. Responsible for...

Remote Work

Mortgage Loan Processor II

  • Trenton, NJ (13 miles from Hopewell, NJ)
  • 8 days ago
  • Trenton, NJ (13 miles from Hopewell, NJ)
  • 8 days ago

*Required Qualifications** * Minimum 2 years of mortgage loan processing experience required. * Minimum 2 years of experience of state and federal lending regulations (e.g....

Loan Processor

  • Trenton, NJ (13 miles from Hopewell, NJ)
  • 15 days ago
  • Trenton, NJ (13 miles from Hopewell, NJ)
  • 15 days ago

software especially Microsoft Dynamics 365, is highly desirable but is not mandatoryLanguage Skills: Fluency in Spanish or Korean is a plus but not required.Prior experience in mortgage, commercial lending...

Consumer Loan Processor

  • Chalfont, PA (23 miles from Hopewell, NJ)
  • 23 days ago
  • Chalfont, PA (23 miles from Hopewell, NJ)
  • 23 days ago

Consumer Loan Processor.docx POSITION DESCRIPTION JOB TITLE: Consumer Loan Processor GRADE LEVEL: VIII DEPARTMENT: Consumer Lending FLSA: Non-Exempt Reports directly to: Consumer Lending & Asset Recovery...

Loan Documentation Specialist

  • Perkasie, PA (23 miles from Hopewell, NJ)
  • 30+ days ago
  • Perkasie, PA (23 miles from Hopewell, NJ)
  • 30+ days ago

Document Imaging, file retention, closed loan processing, mail teller....

Remote Work

Demographic Data for Hopewell, NJ

Moving to Hopewell, NJ? Find some basic demographic data about Hopewell, NJ below.


Local
National
4,649
145
Small

Loan Processor Online Courses and Training Opportunities

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Loan Processing
Processing a loan can be a complex endeavor. The most common loans offered by mortgage lenders include conventional conforming, conventional nonconforming, FHA, VA, and subprime loans. For most...
Loan Processing: Compliance
Within three business days after completing and verifying the application, the lender needs to provide the applicant with a loan estimate of the anticipated closing costs. This estimate shows the...
Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...

Salary for Loan Processor Jobs in Hopewell, NJ

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Processors in Hopewell, NJ offer the following education background
Bachelor's Degree
35.6%
High School or GED
23.0%
Associate's Degree
14.8%
Vocational Degree or Certification
11.8%
Master's Degree
11.0%
Some College
2.4%
Doctorate Degree
0.9%
Some High School
0.5%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Processors in Hopewell, NJ
2-4 years
30.6%
Less than 1 year
23.9%
6-8 years
13.6%
None
12.9%
4-6 years
12.3%
1-2 years
6.7%



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