Loan Processor Jobs in Ohio

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 27 Jobs

Consumer Loan Processor

  • Canfield, OH
  • 7 hours ago
  • Canfield, OH
  • 7 hours ago

Monitor the loan processing methods established for adherence to the company's policies and procedures and documentation requirements. Ensure accuracy in processing closing documents efficiently....

Mortgage Loan Processor III

  • Columbus, OH
  • 8 hours ago
  • Columbus, OH
  • 8 hours ago

MORTGAGE LOAN PROCESSOR III* WHAT IS THE OPPORTUNITY? The Mortgage Loan Processor III is responsible for processing home equity line of credit's, purchase, and refinance transactions....

Retail Loan Operations Specialist

  • Hamilton, OH
  • 1 day ago
  • Hamilton, OH
  • 1 day ago

About this role Competitive Pay: This position offers an hourly wage ranging from $22.00/hr. to $27.00/hr., depending on experience and qualifications. What You'll Do: Enter Orders and generate...

Mortgage Processor II

  • Grove City, OH
  • 1 day ago
  • Grove City, OH
  • 1 day ago

inclusion of required mortgage processing information Monitor mortgage loan process and ensure compliance with Federal laws, as well as, Navy Federal, NCUA and secondary market practices, guidelines...

Commercial Loan Documentation Specialist

  • Canfield, OH
  • 1 day ago
  • Canfield, OH
  • 1 day ago

documentation systems (e.g....

Remote Sr, Loan Processor, Wholesale,

  • Columbus, OH
  • 1 day ago
  • Columbus, OH
  • 1 day ago

** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....

Remote Work

Mortgage Loan Processor

  • Akron, OH
  • 3 days ago
  • Akron, OH
  • 3 days ago

process....

Remote Work

Mortgage Loan Processor 2

  • Findlay, OH
  • 3 days ago
  • Findlay, OH
  • 3 days ago

process....

Remote Work

Mortgage Loan Processor - Buffalo, NY and/or Brooklyn, OH

  • Cleveland, OH
  • 8 days ago
  • Cleveland, OH
  • 8 days ago

Review flood certificates for flood status REQUIRED QUALIFICATIONS High school diploma or equivalent work experience required 2+ years residential mortgage processing experience on agency products strongly...

Construction Loan Processor

  • Cleveland, OH
  • 8 days ago
  • Cleveland, OH
  • 8 days ago

Position Overview: The Construction Loan Processor is responsible for providing exceptional customer service and file quality....

Mortgage Loan Processor

  • Brecksville, OH
  • 15 days ago
  • Brecksville, OH
  • 15 days ago

Insight Global is hiring for a Mortgage Loan Processor to join one of the largest homebuilding companies across the country in their Mortgage division....

Loan Processor

  • Brecksville, OH
  • 16 days ago
  • Brecksville, OH
  • 16 days ago

As a Loan Processor, you will work directly with our homebuying customers from our client....

Senior Virtual Loan Processor

  • Independence, OH
  • 17 days ago
  • Independence, OH
  • 17 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...

Commercial Loan Processor

  • Columbus, OH
  • 27 days ago
  • Columbus, OH
  • 27 days ago

Minimum 2 years as a loan closer or loan processor Familiarity with loan documentation and has experience with a number of different credit structures Self-sufficient and able to work independently...

Mortgage Loan Support Specialist (Entry Level)

  • Minerva, OH
  • 28 days ago
  • Minerva, OH
  • 28 days ago

The post closer is responsible to accurately prepare loans for delivery to investors and/or servicers, track and clear file exceptions, and ensure that all loans are closed in conformance with...

Demographic Data for Ohio

Moving to Ohio? Find some basic demographic data about Ohio below.


Local
National
11,799,441
250,936

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: 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...
Construction Loan-in-process
Learn the fundamentals of accounting for construction loans, focusing on the Loan-in-Process (LIP) account. This course is ideal for professionals in lending, finance, or accounting who work with...

Salary for Loan Processor Jobs in Ohio

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

Highest Education Level

Loan Processors in Ohio 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 Ohio
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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