Loan Processor Jobs in New York, NY

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.

1-13 of 13 Jobs

Consumer Loan Processor

  • Newark, NJ (9 miles from New York, NY)
  • 2 days ago
  • Newark, NJ (9 miles from New York, NY)
  • 2 days ago

The Consumer Loan Processor provides support and coordination for Consumer Lending under the direction of the Processing Team Lead....

SBA Loan Processing Specialist in Bronx,NY,US

  • Bronx, NY (6 miles from New York, NY)
  • 5 days ago
  • Bronx, NY (6 miles from New York, NY)
  • 5 days ago

Uploads SBA loan documentation to the tracking system for ongoing monitoring and management....

Business Banking Loan Documentation Specialist

  • New York, NY
  • 15 days ago
  • New York, NY
  • 15 days ago

Documentation....

Mortgage Loan Processor II

  • New York, NY
  • 17 days ago
  • New York, NY
  • 17 days ago

What The Role Is Under general supervision, the Mortgage Loan Processor II is to ensure the timely and accurate packaging for submission to underwriting of all mortgage loans originated by Mortgage...

Commercial Loan Operations Specialist III

  • New York, NY
  • 18 days ago
  • New York, NY
  • 18 days ago

Position Title: Commercial Loan Operations Specialist III - Loan Servicer Location: Eligibility for Remote: Reports To: Vice President Corporate Banking Loan Operations Job Group Category: Exempt...

Loan Operations Specialist

  • New York, NY
  • 19 days ago
  • New York, NY
  • 19 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....

Mortgage Processor II

  • New York, NY
  • 30+ days ago
  • New York, NY
  • 30+ days ago

-OR- Six months specific *** mortgage processing experience plus an additional 6-12 months experience in customer service, operations, or the financial services industry....

Sr Mortgage Processor

  • Wayne, NJ (18 miles from New York, NY)
  • 30+ days ago
  • Wayne, NJ (18 miles from New York, NY)
  • 30+ days ago

Responsibilities include but are not limited to: Processes a pipeline of complex FHA, VA, Non-Conforming, and Conforming mortgage transactions. Ensures regulatory compliance with disclosure and...

Senior Associate-Loan Management

  • New York, NY
  • 30+ days ago
  • New York, NY
  • 30+ days ago

NYL REI is a leading capital provider in the real estate industry and is recognized as a top-tier commercial mortgage lender staffed by a team of highly experienced real estate professionals....

Loan Documentation Specialist

  • Wayne, NJ (18 miles from New York, NY)
  • 45+ days ago
  • Wayne, NJ (18 miles from New York, NY)
  • 45+ days ago

Review Line of Credit Renewals; review credit memos, offerings and commitment letters for accuracy and conformity to existing loan documentation....

Mortgage Loan Processor

  • Fairfield, NJ (18 miles from New York, NY)
  • 60+ days ago
  • Fairfield, NJ (18 miles from New York, NY)
  • 60+ days ago

Orders services required for the loan process (i.e.: flood certification, appraisal, automated underwriting etc.)...

Mortgage Loan Processor - REMOTE

  • Purchase, NY (24 miles from New York, NY)
  • 60+ days ago
  • Purchase, NY (24 miles from New York, NY)
  • 60+ days ago

Knowledge of the mortgage process from origination to post closing. Obtain and maintain NMLS license number as required each year, including completion of required education and training....

Remote Work

Mortgage Loan Processor

  • Great Neck, NY (14 miles from New York, NY)
  • 90+ days ago
  • Great Neck, NY (14 miles from New York, NY)
  • 90+ days ago

SUMMARY The Mortgage Loan Processor is responsible for accurately managing loan documentation through our established systems, and reviewing it to ensure it is completed in full and complies with current...

Demographic Data for New York, NY

Moving to New York, NY? Find some basic demographic data about New York, NY below.


Local
National
1,685,545
96,034
Large

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: The Decision
So far, in our series on loan processing, we've covered taking the application, verifying that data, compliance regulations, and underwriting the loan. For the final step, we're going to talk...
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 New York, NY

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

Highest Education Level

Loan Processors in New York, NY offer the following education background
Bachelor's Degree
35.7%
High School or GED
22.9%
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 New York, NY
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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