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

General Ledger - Commercial Loan Support Specialist

  • Liberty Lake, WA
  • 1 day ago
  • Liberty Lake, WA
  • 1 day ago

General Ledger - Commercial Loan Support Specialist Loan Operations Tacoma, Washington Roseburg, Oregon Liberty Lake, Washington **Description** **About Us:** At Umpqua, we create a great place to...

Mortgage Loan Processor

  • Vancouver, WA
  • 7 days ago
  • Vancouver, WA
  • 7 days ago

Gather required information and ensure loan documentation is complete and accurate....

Consumer Loan Processor

  • Tukwila, WA
  • 7 days ago
  • Tukwila, WA
  • 7 days ago

IMPACT YOU'LL MAKE: As a Consumer Loan Processor at BECU, you'll be at the heart of helping members realize their financial dreams....

Mortgage Loan Processor

  • Spokane, WA
  • 16 days ago
  • Spokane, WA
  • 16 days ago

We 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)....

Consumer Loan Processor

  • Spokane, WA
  • 19 days ago
  • Spokane, WA
  • 19 days ago

Good math and organizational skills to ensure the maintenance of complete, accurate loan documentation and follow-up....

Mortgage Loan Processor III

  • Olympia, WA
  • 22 days ago
  • Olympia, WA
  • 22 days ago

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

Loan Documentation Specialist

  • Everett, WA
  • 25 days ago
  • Everett, WA
  • 25 days ago

**Level II - **2+ years** **recent experience in loan documentation within the financial services i...

Loan Processor, Wholesale, Submission

  • Olympia, WA
  • 28 days ago
  • Olympia, WA
  • 28 days ago

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

Loan Processor I

  • Richland, WA
  • 30+ days ago
  • Richland, WA
  • 30+ 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...

Consumer Loan Support Specialist

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

Consumer Loan Support Specialist Loan Operations Liberty Lake, Washington Roseburg, Oregon Tacoma, Washington **Description** **About Us:** At Umpqua, we create a great place to work by offering a...

Quality Control Commercial Loan Support Specialist

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

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

Loan Documentation Specialist

  • Spokane, WA
  • 30+ days ago
  • Spokane, WA
  • 30+ days ago

POSITION CONTACT: Daily contact with Loan Processor Supervisor, Loan Processors and other administrative and executive staff About You EXPERIENCE, EDUCATION, AND SKILLS: High School diploma required...

Loan Processor

  • Lacey, WA
  • 60+ days ago
  • Lacey, WA
  • 60+ 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: 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 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
22.9%
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 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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