Loan Processor Jobs in Swedesboro, 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.

1-10 of 10 Jobs

Portfolio Finance Loan Associate Portfolio Finance Loan Associate

  • Newark, DE (21 miles from Swedesboro, NJ)
  • 7 days ago
  • Newark, DE (21 miles from Swedesboro, NJ)
  • 7 days ago

Portfolio Finance Loan Associate JPMorgan Chase 3.3 ( ) Newark, DE Why you should apply for a job to JPMorgan Chase : Ranked as one of the 61% say women are treated fairly and equally to men 77%...

Bilingual Loan Processor (ID #453053)

  • Wayne, PA (20 miles from Swedesboro, NJ)
  • 8 days ago
  • Wayne, PA (20 miles from Swedesboro, NJ)
  • 8 days ago

#autoMHaticFinancial #NowHiring Summary: : The Loan Processor: manages, and reviews manufactured housing real estate loan documentation to ensure it is completed and complies with company policies and...

Commercial Loan Documentation Specialist

  • West Chester, PA (20 miles from Swedesboro, NJ)
  • 11 days ago
  • West Chester, PA (20 miles from Swedesboro, NJ)
  • 11 days ago

Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....

Mortgage Processor

  • Bryn Mawr, PA (18 miles from Swedesboro, NJ)
  • 20 days ago
  • Bryn Mawr, PA (18 miles from Swedesboro, NJ)
  • 20 days ago

A minimum of 2 years mortgage processing experience. Must have strong understanding of the mortgage process flow. Must have strong organizational skills....

Portfolio Finance Loan Associate

  • Newark, DE (21 miles from Swedesboro, NJ)
  • 24 days ago
  • Newark, DE (21 miles from Swedesboro, NJ)
  • 24 days ago

Are you ready to elevate your career in a fast-paced, innovative environment? You will have the opportunity to utilize and keep developing your skills while contributing to a team that values...

Temporary Mortgage Loan Processor

  • Cherry Hill, NJ (20 miles from Swedesboro, NJ)
  • 30+ days ago
  • Cherry Hill, NJ (20 miles from Swedesboro, NJ)
  • 30+ days ago

Accountable for meeting Key Performance Indicator (KPI) targets for Loan Processor role....

RAC Loan Processor II

  • New Castle, DE (15 miles from Swedesboro, NJ)
  • 45+ days ago
  • New Castle, DE (15 miles from Swedesboro, NJ)
  • 45+ days ago

Assist with training and supervision of Loan Processor I as required. 3....

Loan Operations Specialist

  • Wilmington, DE (9 miles from Swedesboro, NJ)
  • 60+ days ago
  • Wilmington, DE (9 miles from Swedesboro, NJ)
  • 60+ days ago

Commitment to ensuring thorough and robust quality checks in all aspects of loan processing, with a focus on maintaining high standards and not compromising on accuracy or compliance....

Bilingual Mortgage Loan Processor

  • Bryn Mawr, PA (18 miles from Swedesboro, NJ)
  • 90+ days ago
  • Bryn Mawr, PA (18 miles from Swedesboro, NJ)
  • 90+ days ago

A minimum of 2 years mortgage processing experience. Bilingual in Spanish required. A strong understanding of the mortgage process flow. Strong organization skills are a must....

Loan Processor

  • Voorhees, NJ (21 miles from Swedesboro, NJ)
  • 90+ days ago
  • Voorhees, NJ (21 miles from Swedesboro, NJ)
  • 90+ days ago

As a Loan Processor, your customer service acumen and financial background will allow you to help families purchase high-quality homes in your community....

Demographic Data for Swedesboro, NJ

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


Local
National
21,274
513
Medium

Loan Processor Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
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: 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...
Loan Processing: Verification
The second step of loan processing is verification. After the loan application is completed, it's turned over to the loan processor. They obtain the necessary information from the applicant and...

Salary for Loan Processor Jobs in Swedesboro, NJ

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

Highest Education Level

Loan Processors in Swedesboro, NJ offer the following education background
Bachelor's Degree
35.7%
High School or GED
22.8%
Associate's Degree
14.9%
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 Swedesboro, 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%



Loan Processor Related Career Advice Articles

banker looking at charts on laptop
How to Decide Between Investment Banking and Commercial Banking

Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.

Read article »
personal banker going over paperwork with her clients
Career Spotlight: Personal Banker

What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.

Read article »