Loan Processor Jobs in Lehi, UT

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.

1-6 of 6 Jobs

Mortgage Loan Processor

  • West Jordan, UT (16 miles from Lehi, UT)
  • 1 day ago
  • West Jordan, UT (16 miles from Lehi, UT)
  • 1 day ago

Answer incoming calls from members/team members regarding mortgage lending products. Ensure a high level of communication is achieved with all parties of the mortgage lending process....

Remote Work

Mortgage Loan Processor III

  • Salt Lake City, UT (18 miles from Lehi, UT)
  • 3 days ago
  • Salt Lake City, UT (18 miles from Lehi, UT)
  • 3 days ago

MORTGAGE LOAN PROCESSOR III* WHAT IS THE OPPORTUNITY? The Mortgage Loan Processor III is responsible for processing home equity line of credit's, purchase, and refinance transactions....

Senior Lease and Loan Documentation Specialist (Hybrid in Tampa, FL)

  • Salt Lake City, UT (18 miles from Lehi, UT)
  • 3 days ago
  • Salt Lake City, UT (18 miles from Lehi, UT)
  • 3 days ago

You are a **Senior Lease and Loan Documentation Specialist.** You will be an integral part of the business team with responsibility for the preparation and collection of lease and loan documentation...

Senior Loan Processor (Hybrid)

  • South Jordan, UT (12 miles from Lehi, UT)
  • 12 days ago
  • South Jordan, UT (12 miles from Lehi, UT)
  • 12 days ago

#BI-Hybrid #LI-Hybrid About the role: As a Senior Loan Processor, you will play a pivotal role in guiding loan applications through the complex loan origination lifecycle....

Remote Work

Loan Processor - WFH (Must Live in UT)

  • Salt Lake City, UT (18 miles from Lehi, UT)
  • 28 days ago
  • Salt Lake City, UT (18 miles from Lehi, UT)
  • 28 days ago

This financial technology company is growing its Loan Processing department in a fully work-from-home setting....

Remote Work

Loan Processor

  • Pleasant Grove, UT (8 miles from Lehi, UT)
  • 60+ days ago
  • Pleasant Grove, UT (8 miles from Lehi, UT)
  • 60+ days ago

About The Role Altabank, Division of Glacier Bank, is hiring a Full-time Loan Processor for the Service Center in Pleasant Grove....

Demographic Data for Lehi, UT

Moving to Lehi, UT? Find some basic demographic data about Lehi, UT below.


Local
National
76,954
2,143
Medium/Lg

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 Lehi, UT

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

Highest Education Level

Loan Processors in Lehi, UT 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 Lehi, UT
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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