Loan Processor Jobs in Herndon, VA
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.
Senior Loan Documentation Specialist
- Rockville, MD (14 miles from Herndon, VA)
- 4 days ago
- Rockville, MD (14 miles from Herndon, VA)
- 4 days ago
Ensures certain core loan documentation is timely uploaded to the Bank's Imaging System....
- Washington, DC (19 miles from Herndon, VA)
- 14 days ago
- Washington, DC (19 miles from Herndon, VA)
- 14 days ago
As a member of the Loan Processing team, you will review loan file documentation, including credit, employment, income, and assets within a Mortgage Loan being processed, to direct all loan fulfillment...
Remote Work- Sterling, VA (2 miles from Herndon, VA)
- 19 days ago
- Sterling, VA (2 miles from Herndon, VA)
- 19 days ago
Processes monetary loan transaction requests to include incoming and outgoing wires, loan findings, construction draws, daily loan payments, participation payments, loan payoffs, loan payment...
Overview As an Indirect Lending Loan Processor, you will be responsible for the processing of assigned loans against credit criteria and credit union policy....
- Rockville, MD (14 miles from Herndon, VA)
- 30+ days ago
- Rockville, MD (14 miles from Herndon, VA)
- 30+ days ago
Position Purpose Capital Bank is looking for a Mortgage Loan Processor to join our team....
- Chevy Chase, MD (16 miles from Herndon, VA)
- 30+ days ago
- Chevy Chase, MD (16 miles from Herndon, VA)
- 30+ days ago
COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is...
- Washington, DC (19 miles from Herndon, VA)
- 60+ days ago
- Washington, DC (19 miles from Herndon, VA)
- 60+ days ago
Ability to read and interpret loan approvals and loan documentation Ability to complete task within established timeframe Maintain professional attitude to both internal and external customers Proficient...
- Bethesda, MD (15 miles from Herndon, VA)
- 60+ days ago
- Bethesda, MD (15 miles from Herndon, VA)
- 60+ days ago
Skills: Strong knowledge of loan documentation policies and mortgage regulations. High attention to detail, accuracy, and ability to multitask. Excellent communication and customer service skills....
- Bethesda, MD (15 miles from Herndon, VA)
- 60+ days ago
- Bethesda, MD (15 miles from Herndon, VA)
- 60+ days ago
Key Responsibilities Review loan documentation to confirm alignment with term sheets and loan program guidelines....
Demographic Data for Herndon, VA
Moving to Herndon, VA? Find some basic demographic data about Herndon, VA below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Herndon, VA
Highest Education Level
Loan Processors in Herndon, VA 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
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Taxes
- Appraisal
- Reconciliations
- General Ledger
- File Management
- 10 Key
- Real Estate
- Closing
- Finance
- Accounting
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Telephone Skills
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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