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.

1-15 of 15 Jobs

Home Loan Processor

  • Walla Walla, WA
  • 2 days ago
  • Walla Walla, WA
  • 2 days ago

Minimum of five years of mortgage processing experience required. Minimum three years' experience processing Correspondent, FHA, and VA loans required....

Loan Processor III

  • Bellevue, WA
  • 8 days ago
  • Bellevue, WA
  • 8 days ago

Expert knowledge of overall mortgage lending internal processes and control, as well as federal, state, and regulatory requirements/guidelines related to consumer mortgage lending for conventional,...

Home Loan Processor II

  • Richland, WA
  • 8 days ago
  • Richland, WA
  • 8 days ago

This position has advanced, wide-ranging job knowledge and has demonstrated the ability to handle increased responsibilities in addition to the Loan Processor I role....

Commercial Loan Documentation Specialist

  • Vancouver, WA
  • 8 days ago
  • Vancouver, WA
  • 8 days ago

Document file to meet Commercial lending specifications....

Loan Documentation Specialist

  • Bellevue, WA
  • 10 days ago
  • Bellevue, WA
  • 10 days ago

We are seeking an experienced loan documentation specialist to join our amazing Loan Documentation team....

Chattel Loan Processor - West

  • Federal Way, WA
  • 10 days ago
  • Federal Way, WA
  • 10 days ago

We are seeking a Chattel Loan Processor for the West Region Production Department....

Indirect Loan Processor / Underwriter

  • Tacoma, WA
  • 11 days ago
  • Tacoma, WA
  • 11 days ago

Indirect Loan Processor / Underwriter Job Details Level Entry Job Location Pacific Plaza - Tacoma, WA Position Type Full Time Education Level High School Diploma or equivalent....

Consumer Loan Processor I or II

  • Olympia, WA
  • 18 days ago
  • Olympia, WA
  • 18 days ago

Processor I: Competitive pay for Consumer Loan Processor I: $20.86 - $31.29 per hour, dependent on relevant qualifications plus an annual discretionary incentive plan and benefits package The target...

Remote Work

Loan Support Specialist III

  • Tacoma, WA
  • 23 days ago
  • Tacoma, WA
  • 23 days ago

Independently handles production tasks requiring knowledge of loan documentation, regulations, policies and procedures....

Loan Support Specialist IV

  • Liberty Lake, WA
  • 23 days ago
  • Liberty Lake, WA
  • 23 days ago

Independently handles production tasks requiring knowledge of loan documentation, regulations, policies and procedures....

Mortgage Loan Processor - REMOTE

  • Tacoma, WA
  • 30+ days ago
  • Tacoma, WA
  • 30+ days ago

What we're looking for: AmeriSave is currently hiring Loan Processors to join our winning team....

Remote Work

Consumer Loan Processor

  • Bothell, WA
  • 30+ days ago
  • Bothell, WA
  • 30+ days ago

About Qualstar: Qualstar Credit Union is a growing, well-established, and financially strong not-for-profit organization. We are 70,000 members strong, headquartered in Bothell, WA, with 140...

Bilingual Loan Processor

  • Sequim, WA
  • 30+ days ago
  • Sequim, WA
  • 30+ days ago

Minimum of 5 years residential mortgage processing experience. Experience with Encompass....

Loan Processor

  • Sequim, WA
  • 90+ days ago
  • Sequim, WA
  • 90+ days ago

Minimum of 5 years' residential mortgage processing experience. Experience with Encompass....

Loan Processor

  • Lacey, WA
  • 90+ days ago
  • Lacey, WA
  • 90+ days ago

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.


Local
National
7,705,271
197,951

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: Compliance
Within three business days after completing and verifying the application, the lender needs to provide the applicant with a loan estimate of the anticipated closing costs. This estimate shows the...
Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...

Salary for Loan Processor Jobs in Washington

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

Highest Education Level

Loan Processors in Washington offer the following education background
Bachelor's Degree
35.7%
High School or GED
22.8%
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 Washington
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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