Loan Processor Jobs in Pennington, 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.
Commercial Loan Documentation Specialist
- Bensalem, PA (17 miles from Pennington, NJ)
- 11 days ago
- Bensalem, PA (17 miles from Pennington, NJ)
- 11 days ago
Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....
Senior Loan Documentation Specialist
- Hamilton, NJ (7 miles from Pennington, NJ)
- 20 days ago
- Hamilton, NJ (7 miles from Pennington, NJ)
- 20 days ago
The Senior Loan Documentation Specialist conducts commercial loan documentation reviews and prepares loan documents while ensuring all terms and conditions match what was approved....
Client Relations Associate - Loan Servicing
- Ambler, PA (24 miles from Pennington, NJ)
- 25 days ago
- Ambler, PA (24 miles from Pennington, NJ)
- 25 days ago
Provide detailed referral requests, including applicable loan documents and investor requirements on transactions requiring lender consent such as easements, partial releases, and condemnations....
Residential Loan Processor/Closer II
- Perkasie, PA (23 miles from Pennington, NJ)
- 90+ days ago
- Perkasie, PA (23 miles from Pennington, NJ)
- 90+ days 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 WorkDemographic Data for Pennington, NJ
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Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Pennington, NJ
Highest Education Level
Loan Processors in Pennington, NJ 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
- Loan Review
- Tila Respa Integrated Disclosures
- VA Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- FHLMC
- Loan Processing
- Freddie Mac
- Fannie Mae
- Encompass
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- USDA
- Underwriting
- Reconciliations
- Appraisal
- Payment Processing
- Due Diligence
- General Ledger
- File Management
- Real Estate
- Closing
- Finance
- High School Diploma
- Accounting
- Written Communication
- Documentation
- Verbal Communication
- Reporting
- 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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