Loan Processor Jobs in Colmar, PA

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

Loan Operations Specialist I

  • Souderton, PA (4 miles from Colmar, PA)
  • 6 days ago
  • Souderton, PA (4 miles from Colmar, PA)
  • 6 days ago

Review and resolve documentation issues with lending groups....

Bilingual Loan Processor (ID #453053)

  • Wayne, PA (16 miles from Colmar, PA)
  • 7 days ago
  • Wayne, PA (16 miles from Colmar, PA)
  • 7 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

  • Lansdale, PA (3 miles from Colmar, PA)
  • 11 days ago
  • Lansdale, PA (3 miles from Colmar, PA)
  • 11 days ago

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

Commercial Loan Documentation Specialist

  • Bensalem, PA (20 miles from Colmar, PA)
  • 11 days ago
  • Bensalem, PA (20 miles from Colmar, PA)
  • 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 (17 miles from Colmar, PA)
  • 19 days ago
  • Bryn Mawr, PA (17 miles from Colmar, PA)
  • 19 days ago

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

Wholesale Mortgage Processor

  • Fort Washington, PA (9 miles from Colmar, PA)
  • 23 days ago
  • Fort Washington, PA (9 miles from Colmar, PA)
  • 23 days ago

Knowledge of mortgage loan processing, compliance, investor products, and underwriting guidelines. Working knowledge of various fraud tools....

Client Relations Associate - Loan Servicing

  • Ambler, PA (6 miles from Colmar, PA)
  • 24 days ago
  • Ambler, PA (6 miles from Colmar, PA)
  • 24 days ago

Provide detailed referral requests, including applicable loan documents and investor requirements on transactions requiring lender consent such as easements, partial releases, and condemnations....

Junior Mortgage Loan Processor

  • Fort Washington, PA (9 miles from Colmar, PA)
  • 45+ days ago
  • Fort Washington, PA (9 miles from Colmar, PA)
  • 45+ days ago

Toll Brothers Mortgage, America's Leading Luxury Lender, seeks a Junior Mortgage Loan Processor to assist the Processing Team in the review of new loans for completeness and compliance....

Bilingual Mortgage Loan Processor

  • Bryn Mawr, PA (17 miles from Colmar, PA)
  • 90+ days ago
  • Bryn Mawr, PA (17 miles from Colmar, PA)
  • 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....

Residential Loan Processor/Closer II

  • Perkasie, PA (8 miles from Colmar, PA)
  • 90+ days ago
  • Perkasie, PA (8 miles from Colmar, PA)
  • 90+ days ago

Overview Responsible to process mortgage, equity, and consumer loan applications from the application stage through closing by delivering excellent and timely customer service. Responsible for...

Remote Work

Demographic Data for Colmar, PA

Moving to Colmar, PA? Find some basic demographic data about Colmar, PA below.


Local
National
1,668
162
Small

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: 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...
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...

Salary for Loan Processor Jobs in Colmar, PA

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

Highest Education Level

Loan Processors in Colmar, PA 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 Colmar, PA
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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