Loan Processor Jobs in Tennessee

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.

1-9 of 9 Jobs

Loan Processor

  • Maryville, TN
  • 3 days ago
  • Maryville, TN
  • 3 days ago

processing Time management Full Job Description Position Title: Loan Processor (Non - LO - Processor) Department: Loan Operations Reports to: Loan Processing Team Lead Job Status: Full Time/Hourly...

Mortgage Loan Processor II

  • Nashville, TN
  • 7 days ago
  • Nashville, TN
  • 7 days ago

*Required Qualifications** * Minimum 2 years of mortgage loan processing experience required. * Minimum 2 years of experience of state and federal lending regulations (e.g....

Commercial Loan Processing Specialist

  • Lebanon, TN
  • 7 days ago
  • Lebanon, TN
  • 7 days ago

Commercial Loan Processing Specialist Work Location: Hybrid | Lebanon, TN Job Summary: The Commercial Loan Processing Specialist is responsible for facilitating accurate loan processing and closings...

Loan Documentation Specialist I

  • Kingsport, TN
  • 14 days ago
  • Kingsport, TN
  • 14 days ago

Job Type Full-time Description NON-EXEMPT PRIMARY PURPOSE This employee provides loan documentation preparation and processing services to the Banks commercial and consumer lending staff....

Remote Sr, Loan Processor, Wholesale,

  • Franklin, TN
  • 15 days ago
  • Franklin, TN
  • 15 days ago

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

Remote Work

Direct Sales - Loan Support Specialist

  • Knoxville, TN
  • 28 days ago
  • Knoxville, TN
  • 28 days ago

Location: On site at location listed in job posting. SUMMARY Are you a professional and detail-oriented individual with a passion for helping others and problem solving? Do you flourish in a...

Loan Operations Specialist

  • Lebanon, TN
  • 30+ days ago
  • Lebanon, TN
  • 30+ days ago

Loan Operations Specialist Job Duties and Responsibilities : The Loan Operations Specialist provides support to the lending areas of the Bank through various loan servicing functions for both internal...

Mortgage Processor

  • Nashville, TN
  • 45+ days ago
  • Nashville, TN
  • 45+ days ago

A minimum of 5 years' experience as a Mortgage Processor or similar role. In-depth knowledge of closing procedures, loan processes, and documentation....

Loan Processor

  • Nashville, TN
  • 45+ days ago
  • Nashville, TN
  • 45+ days ago

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes....

Demographic Data for Tennessee

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


Local
National
6,903,473
143,447

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: 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 Tennessee

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

Highest Education Level

Loan Processors in Tennessee offer the following education background
Bachelor's Degree
35.6%
High School or GED
23.0%
Associate's Degree
14.8%
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 Tennessee
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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