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 19 Jobs

Mortgage Loan Processor III

  • Olympia, WA
  • 3 days ago
  • Olympia, WA
  • 3 days ago

*MORTGAGE LOAN PROCESSOR III* WHAT IS THE OPPORTUNITY?...

Knowledge of mortgage lending policies, procedures, and regulations. Well-developed ability to manage multiple tasks/projects and deadlines simultaneously....

Remote Work

Loan Documentation Specialist

  • Everett, WA
  • 6 days ago
  • Everett, WA
  • 6 days ago

We are seeking an experienced loan documentation specialist in Everett, WA. This is an on-site position....

Loan Processor, Wholesale, Submission

  • Olympia, WA
  • 9 days ago
  • Olympia, WA
  • 9 days ago

** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....

Loan Processing Asst. - Bellevue, WA - Hybrid

  • Seattle, WA
  • 11 days ago
  • Seattle, WA
  • 11 days ago

This company is a leading mortgage lender dedicated to providing exceptional service and innovative solutions to homebuyers....

Loan Processing Assistant

  • Renton, WA
  • 11 days ago
  • Renton, WA
  • 11 days ago

The Loan Processor Assistant plays an important role in the organization by performing a number of activities related to the company's Regional Operations functions....

Loan Processor I

  • Richland, WA
  • 12 days ago
  • Richland, WA
  • 12 days ago

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...

Knowledge of mortgage lending policies, procedures, and regulations. Well-developed ability to manage multiple tasks/projects and deadlines simultaneously....

Remote Work

Consumer Loan Support Specialist

  • Tacoma, WA
  • 13 days ago
  • Tacoma, WA
  • 13 days ago

Consumer Loan Support Specialist Umpqua Bank - 3.3 Tacoma, WA Job Details Full-time $18 - $23 an hour 9 hours ago Benefits Disability insurance Health insurance Dental insurance 401(k) Tuition...

Quality Control Commercial Loan Support Specialist

  • Tacoma, WA
  • 14 days ago
  • Tacoma, WA
  • 14 days ago

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...

Commercial Loan Support Specialist

  • Tacoma, WA
  • 15 days ago
  • Tacoma, WA
  • 15 days ago

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 Processor

  • Sequim, WA
  • 17 days ago
  • Sequim, WA
  • 17 days ago

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

Loan Documentation Specialist

  • Spokane, WA
  • 20 days ago
  • Spokane, WA
  • 20 days ago

Processor Supervisor, Loan Processors and other administrative and executive staffAbout YouEXPERIENCE, EDUCATION, AND SKILLS:High School diploma requiredA minimum of 2 years banking experience preferredProficient...

Mortgage Loan Processor II

  • Olympia, WA
  • 30+ days ago
  • Olympia, WA
  • 30+ days ago

The Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions....

Loan Processing Assistant

  • Moses Lake, WA
  • 30+ days ago
  • Moses Lake, WA
  • 30+ days ago

Qualifications High School or equivalent required, some related college courses or degree desired, along with some knowledge of mortgage lending policies, procedures, and regulations....

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: 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: 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
35.6%
High School or GED
22.9%
Associate's Degree
14.8%
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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