Loan Processor Jobs in Washington
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.
Minimum of 5 years residential mortgage processing experience. Experience with Encompass....
You'll assist whatever the need is greatest from loan documentation and funding to data input and reporting....
Description About Us: At Umpqua, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting...
Loan Support Specialist-Lifecycle Process Support
- Liberty Lake, WA
- 10 days ago
- Liberty Lake, WA
- 10 days ago
Loan Support Specialist-Lifecycle Process Support Loan Operations Tacoma, Washington Roseburg, Oregon Liberty Lake, Washington Phoenix, Arizona **Description** **About Us:** At Umpqua, we create a...
What we're looking for: AmeriSave is currently hiring Loan Processors to join our winning team....
Remote WorkIf you have loan processing skills, you should apply right away!...
to funding by working closely with the Mortgage Loan Originator(s) and Fintech partners through the entire loan process....
Remote WorkWe are in search of a Mortgage Loan Processor I or II (internally known as Country Home Loan Processor) to join our Specialized Lending department in Spokane, Washington (Headquarters)....
Get to know us: About - Gesa Credit Union Role Summary: The Loan Processor I ensures that approved loan applications are processed, prepared, and funded in a timely manner, meeting all credit union...
Description About Us: At Umpqua, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting...
Minimum of 5 years' residential mortgage processing experience. Experience with Encompass....
Demographic Data for Washington
Moving to Washington? Find some basic demographic data about Washington below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Washington
Highest Education Level
Loan Processors in Washington 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 Housing Administration
- Federal National Morgage Association
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- 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
- Real Estate
- Closing
- Finance
- Accounting
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- 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
Other Career Titles
Here are some other career titles that require similar skills
Loan Processor Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »