Loan Processor Jobs in New York

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.

1-15 of 22 Jobs

Loan Processor

  • Newburgh, NY
  • 22 hours ago
  • Newburgh, NY
  • 22 hours ago

Under the direction of the Branch Manager, Operations Manager and/or Processing Supervisor, evaluates all information supplied on the mortgage loan application, verifies the validity of the...

Senior Virtual Loan Processor

  • Buffalo, NY
  • 2 days ago
  • Buffalo, NY
  • 2 days ago

Job Description The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market...

SBA Loan Processing Specialist in Bronx,NY,US

  • Bronx, NY
  • 4 days ago
  • Bronx, NY
  • 4 days ago

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

Loan Processor

  • NY
  • 4 days ago
  • NY
  • 4 days ago

Processing Manager weekly on loan status and prioritizes workflow accordingly Maintains current knowledge of guidelines and loan programs Requests, organizes, and processes loan documentation and independently...

Mortgage Processor (Spanish Speaking)

  • Rochester, NY
  • 7 days ago
  • Rochester, NY
  • 7 days ago

Mortgage Processor I is responsible to process, coordinate and manage residential and retail loan processing with direction from Mortgage Operations Manager....

Mortgage Processor I

  • Ballston Lake, NY
  • 8 days ago
  • Ballston Lake, NY
  • 8 days ago

Ensure new loan applications are prepared for processing or underwriting while adhering to M&T's standard turn times. Performs a variety of duties, both clerical and technical. Maintain effective...

Business Banking Loan Documentation Specialist

  • New York, NY
  • 14 days ago
  • New York, NY
  • 14 days ago

Documentation....

Business Banking Loan Documentation Specialist

  • Albany, NY
  • 15 days ago
  • Albany, NY
  • 15 days ago

Documentation....

Mortgage Loan Processor II

  • New York, NY
  • 16 days ago
  • New York, NY
  • 16 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
  • 17 days ago
  • New York, NY
  • 17 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 I (Commercial Lending)

  • Hauppauge, NY
  • 17 days ago
  • Hauppauge, NY
  • 17 days ago

Summary: Dime Community Bank ("Dime") is currently hiring for a Loan Operations Specialist I based at its Headquarters in Hauppauge, Long Island. The Loan Operations Specialist I will service and...

Loan Operations Specialist

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

Commercial Loan Processor II

  • Poughkeepsie, NY
  • 20 days ago
  • Poughkeepsie, NY
  • 20 days ago

Maintain and update commercial loan documentation, including updates and revisions to Laserpro documents....

Loan Operations Specialist

  • Syracuse, NY
  • 23 days ago
  • Syracuse, NY
  • 23 days ago

At Solvay Bank, our formula for success combines the traditions of our culture and a sharp strategic vision. We are a growth-oriented community bank that fosters excellence, pride, teamwork and...

Mortgage Processor

  • Hauppauge, NY
  • 26 days ago
  • Hauppauge, NY
  • 26 days ago

SUMMARY: Responsible for processing mortgage applications and supporting documents after origination until the time of closing. Facilitates the successful completion of mortgage loans in an...

Demographic Data for New York

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


Local
National
20,201,017
534,422

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: 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

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 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
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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