Loan Processor Jobs in Pennsylvania
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.
The role of a Loan Processor does come with progression....
Remote WorkResponsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....
documentation including the ability to interpret and make judgements from the documentation Location This position must be performed onsite Mon - Thurs with Friday as an optional work from home day...
Offers alternative and/or corrective options, when applicable, when loan documentation or terms of loan do not meet underwriting standards....
Offers alternative and/or corrective options, when applicable, when loan documentation or terms of loan do not meet underwriting standards....
This position is eligible to sit in our Buffalo or Rochester office* SUMMARY: Howard Hanna Mortgage seeks a full-time Mortgage Loan Processor....
Review and resolve documentation issues with lending groups....
Processing and/or Insurance/Escrow processing)....
Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....
Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....
Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....
Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....
A minimum of 2 years mortgage processing experience. Must have strong understanding of the mortgage process flow. Must have strong organizational skills....
A minimum of 2 years mortgage processing experience. Must have strong understanding of the mortgage process flow. Must have strong organizational skills....
Knowledge of mortgage loan processing, compliance, investor products, and underwriting guidelines. Working knowledge of various fraud tools....
Demographic Data for Pennsylvania
Moving to Pennsylvania? Find some basic demographic data about Pennsylvania below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Pennsylvania
Highest Education Level
Loan Processors in Pennsylvania offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Jumbo Loans
- Loan Review
- Tila Respa Integrated Disclosures
- VA Loans
- BSA
- Loan Processing
- Federal National Morgage Association
- Commercial Lending
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- Mortgage Processing
- Financial Services
- Loan Servicing
- USDA
- Underwriting
- Appraisal
- Payment Processing
- General Ledger
- File Management
- Real Estate
- Finance
- Closing
- High School Diploma
- Written Communication
- Documentation
- Accounting
- Employee Development
- Verbal Communication
- Data Entry
- Reporting
- Policy Development
- Filing
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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