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 19 Jobs

Investment/Loan Documentation Specialist

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

Pay range: $20 - 22/hr. Duration: 12 months Location: Cincinnati OH 45226 Job Summary: Responsible for the opening of Investment Services accounts of various sizes established by clients for...

Loan Origination Specialist, Customer Service

  • Cincinnati, OH
  • 3 days ago
  • Cincinnati, OH
  • 3 days ago

Apply Description LendKey Technologies, Inc. is a pioneer in digital network lending, dedicated to simplifying the lending process for both financial institutions and borrowers....

Loan Processor

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

The Junior Loan Processor collaborates with the training department for transition into a Senior Loan Processor....

Indirect Loan Processor

  • West Chester, OH
  • 11 days ago
  • West Chester, OH
  • 11 days ago

Knowledge of loan processing functions and related requirements and procedures. EXPERIENCE REQUIRED: One year to three years of similar or related experience....

Loan Support Associate Loan Support Associate

  • Columbus, OH
  • 11 days ago
  • Columbus, OH
  • 11 days ago

Preferred Skills Analytical Thinking, Capital Management, Compliance Requirements, Documentations, Due Diligence, Loan Documentation, Regulatory Compliance, Risk Mitigation Strategies Competencies Accuracy...

Loan Origination Specialist IV Loan Origination Specialist IV

  • Columbus, OH
  • 11 days ago
  • Columbus, OH
  • 11 days ago

Calculate and monitor complex interest and fee accruals at various rate levels, ensuring accuracy and compliance with changing lender distributions....

Sr. Commercial Loan Operations Specialist

  • Columbus, OH
  • 15 days ago
  • Columbus, OH
  • 15 days ago

Skills Commercial lending, commercial loan, operations management, AFS Vision Experience Level Intermediate Level...

RAC Loan Processor II

  • Cincinnati, OH
  • 18 days ago
  • Cincinnati, OH
  • 18 days ago

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

Mortgage Loan Processor

  • Brecksville, OH
  • 20 days ago
  • Brecksville, OH
  • 20 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....

Mortgage Loan Processor

  • Mayfield Heights, OH
  • 22 days ago
  • Mayfield Heights, OH
  • 22 days ago

This position is eligible to sit in our Buffalo or Rochester office* SUMMARY: Howard Hanna Mortgage seeks a full-time Mortgage Loan Processor....

Mortgage Loan Processor - Reverse

  • Cincinnati, OH
  • 22 days ago
  • Cincinnati, OH
  • 22 days ago

Mortgage Loan Processor - Reverse Mutual of Omaha Mortgage Cincinnati, OH, US 1 day ago Quick Job type Full-time Quick Job description Mutual of Omaha is a Fortune 300 Company with an iconic brand and...

Senior Associate, Loan Closing

  • Columbus, OH
  • 23 days ago
  • Columbus, OH
  • 23 days ago

Familiarity with commercial real estate lending documents....

Commercial / Ag Loan Processor

  • Archbold, OH
  • 25 days ago
  • Archbold, OH
  • 25 days ago

Key all loan data requested into the loan documentation system....

Commercial Loan Processor

  • Columbus, OH
  • 30+ days ago
  • Columbus, OH
  • 30+ 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...

Loan Origination Specialist IV

  • Columbus, OH
  • 30+ days ago
  • Columbus, OH
  • 30+ days ago

Calculate and monitor complex interest and fee accruals at various rate levels, ensuring accuracy and compliance with changing lender distributions....

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: 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: 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...

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
22.8%
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 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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