Loan Processor Jobs in Prosper, 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.

1-9 of 9 Jobs

Mortgage Processor II

  • Richardson, TX (20 miles from Prosper, TX)
  • 15 hours ago
  • Richardson, TX (20 miles from Prosper, TX)
  • 15 hours ago

Mortgage Loan processors will process all loans in a timely and accurate manner....

Mortgage Loan Processor

  • Plano, TX (15 miles from Prosper, TX)
  • 4 days ago
  • Plano, TX (15 miles from Prosper, TX)
  • 4 days ago

Mentor and provide assistance to Mortgage Processors....

Mortgage Processor

  • Frisco, TX (6 miles from Prosper, TX)
  • 5 days ago
  • Frisco, TX (6 miles from Prosper, TX)
  • 5 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 (15 miles from Prosper, TX)
  • 7 days ago
  • Plano, TX (15 miles from Prosper, TX)
  • 7 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 (15 miles from Prosper, TX)
  • 10 days ago
  • Plano, TX (15 miles from Prosper, TX)
  • 10 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 (23 miles from Prosper, TX)
  • 60+ days ago
  • Farmers Branch, TX (23 miles from Prosper, TX)
  • 60+ days ago

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

Loan Processor - Green Brick Mortgage

  • Plano, TX (15 miles from Prosper, TX)
  • 60+ days ago
  • Plano, TX (15 miles from Prosper, 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 (15 miles from Prosper, TX)
  • 90+ days ago
  • Plano, TX (15 miles from Prosper, TX)
  • 90+ 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 (20 miles from Prosper, TX)
  • 90+ days ago
  • Richardson, TX (20 miles from Prosper, TX)
  • 90+ days ago

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

Demographic Data for Prosper, TX

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


Local
National
38,980
854
Medium

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...
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,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

Salary for Loan Processor Jobs in Prosper, TX

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

Highest Education Level

Loan Processors in Prosper, 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 Prosper, 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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