Loan Processor Jobs in Frisco, TX

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.

1-8 of 8 Jobs

Mortgage Loan Processor

  • Plano, TX (11 miles from Frisco, TX)
  • 3 days ago
  • Plano, TX (11 miles from Frisco, TX)
  • 3 days ago

Mentor and provide assistance to Mortgage Processors....

Mortgage Processor

  • Frisco, TX
  • 4 days ago
  • Frisco, TX
  • 4 days ago

Appropriately set borrower expectations for the mortgage process and establish that the processor is the main point of contact until closing....

Entry Level Loan Processor

  • Plano, TX (11 miles from Frisco, TX)
  • 6 days ago
  • Plano, TX (11 miles from Frisco, TX)
  • 6 days ago

Seeking entry level candidates or new college graduates who are looking for an opportunity to get into the world of mortgage! Description Handling condo review Review natural policies - if there...

Entry Level - Condo Loan Processor - Plano TX

  • Plano, TX (11 miles from Frisco, TX)
  • 9 days ago
  • Plano, TX (11 miles from Frisco, TX)
  • 9 days ago

processor, Loans Top Skills Details mortgage,condo,loan processor Additional Skills & Qualifications Prefers someone entry level with good job tenure Wants someone to be coachable and eager to learn...

Loan Processor - Originations

  • Farmers Branch, TX (18 miles from Frisco, TX)
  • 60+ days ago
  • Farmers Branch, TX (18 miles from Frisco, TX)
  • 60+ days ago

We are currently looking for a Loan Processor- Originations to join our team!...

Loan Processor - Green Brick Mortgage

  • Plano, TX (11 miles from Frisco, TX)
  • 60+ days ago
  • Plano, TX (11 miles from Frisco, TX)
  • 60+ days ago

Knowledge of mortgage lending guidelines and regulations. Proficiency in loan origination and processing software. Excellent communication skills....

Sr Loan Processing Specialist

  • Plano, TX (11 miles from Frisco, TX)
  • 60+ days ago
  • Plano, TX (11 miles from Frisco, TX)
  • 60+ days ago

Your service and communication to borrowers is essential to ensuring a smooth mortgage process....

Mortgage Loan Processor (Full Time) - Richardson, TX

  • Richardson, TX (16 miles from Frisco, TX)
  • 90+ days ago
  • Richardson, TX (16 miles from Frisco, TX)
  • 90+ days ago

Required Knowledge: Understanding of mortgage loan processing functions including FHA, VA, and Conventional Mortgage Lending....

Demographic Data for Frisco, TX

Moving to Frisco, TX? Find some basic demographic data about Frisco, TX below.


Local
National
210,825
6,114
Large

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.
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...
Practical mortgage Loan Processes
For many people owning a home is a very big dream of everybody, but it does not come easily because the cost involved is too huge and only few people can save to pay the money and buy their home,...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...

Salary for Loan Processor Jobs in Frisco, TX

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

Highest Education Level

Loan Processors in Frisco, TX 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 Frisco, TX
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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