Loan Processor Jobs
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.
The DFC Loan Processor I reports to the DFC Loan Funding Supervisor....
Qualifications High School or equivalent required, some related college courses or degree desired, along with some knowledge of mortgage lending policies, procedures, and regulations....
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,...
Commercial Mortgage Loan Administration Specialist - Cash Administration
- Charlotte, NC
- 1 hour ago
- Charlotte, NC
- 1 hour ago
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a...
Reports To: Mortgage Loan Processor Team Lead Essential Duties and Responsibilities Maintain caseload in a timely and responsible manner....
Reports To: Mortgage Loan Processor Team Lead Essential Duties and Responsibilities Maintain caseload in a timely and responsible manner....
Reports To: Mortgage Loan Processor Team Lead Essential Duties and Responsibilities Maintain caseload in a timely and responsible manner....
Centralized Loan Processor CLASSIFICATION: Non-exempt REPORTS TO: Director of Consumer Loans JOB DESCRIPTION Summary/Objective Will support Loan Officers, Retail Branch employees and other employees...
Collect and review legal loan documentation for operational feasibility, optimal execution mechanics, regulatory requirements, and mitigation of operational risk....
Minimum of 5 years residential mortgage processing experience. Experience with Encompass....
Remote WorkSUMMARY The Senior Loan Documentation Specialist is responsible for preparing loan documentation for highly complex loans in accordance with the loan approval....
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,...
High School Diploma or equivalent. 1 to 2 years of experience in Syndications and Corporate Lending operations. Basic MS Office Knowledge. Good Communication skills....
communication with an ability to thoughtfully guide borrowers through the loan process Highly organized and have the ability to solve problems autonomously Who We Are: Sage Home Loans Corporation is...
Remote WorkHow you'll do it: As the Senior Loan Processor, you are responsible for receiving a loan file from the Loan Officer, fully processing the loan, and being the Single Point of Contact (SPOC) until the...
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs Nationwide
Highest Education Level
Loan Processors offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Federal National Morgage Association
- Mortgage Lending
- Consumer Lending
- Fannie Mae
- Loan Origination
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Jumbo Loans
- Federal Housing Administration
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- Automated Clearing House
- Tila Respa Integrated Disclosures
- Loan Processing
- Mortgage Processing
- Encompass
- USDA
- Mortgage Underwriting
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- General Ledger
- File Management
- Real Estate
- Sales Management
- Finance
- Closing
- Retail
- High School Diploma
- Prioritizing
- Written Communication
- Verbal Communication
- Documentation
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Research Skills
- Scheduling
- Computer Skills
- Communication Skills
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