Loan Processor Jobs in Arcadia, CA

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.

1-11 of 11 Jobs

Loan Operations Specialist I-II

  • Los Angeles, CA (16 miles from Arcadia, CA)
  • 2 days ago
  • Los Angeles, CA (16 miles from Arcadia, CA)
  • 2 days ago

Ability to read and interpret loan approvals and loan documentation Ability to complete task within established timeframe Maintain professional attitude to both internal and external customers Proficient...

Loan Processor, Reverse Mortgage

  • Anaheim, CA (20 miles from Arcadia, CA)
  • 4 days ago
  • Anaheim, CA (20 miles from Arcadia, CA)
  • 4 days ago

Our Loan Processor, Reverse Mortgage is responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....

Student Loan Processor / Customer Service Rep

  • Stanton, CA (23 miles from Arcadia, CA)
  • 7 days ago
  • Stanton, CA (23 miles from Arcadia, CA)
  • 7 days ago

un Student Loan Processor / Customer Service Rep (Stanton) Processing Assist Lampson near Beach Blvd compensation: PART TIME - $18-21/hr (depending on experience) with possibility of growth employment...

Senior Associate, Loan Operations

  • Los Angeles, CA (16 miles from Arcadia, CA)
  • 10 days ago
  • Los Angeles, CA (16 miles from Arcadia, CA)
  • 10 days ago

.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan processing Serving as informational resource for loan products to SS&C GlobeOp's clients and internal departments What...

Mortgage Loan Associate (Anaheim, CA)

  • Anaheim, CA (20 miles from Arcadia, CA)
  • 15 days ago
  • Anaheim, CA (20 miles from Arcadia, CA)
  • 15 days ago

Please use Firefox or Chrome internet browser to complete this application Current Wescom Employees: Please visit the Career Center in Workday to search and apply for a current job opening. We...

Mortgage Processor/Customer Experience Specialist

  • Pasadena, CA (6 miles from Arcadia, CA)
  • 22 days ago
  • Pasadena, CA (6 miles from Arcadia, CA)
  • 22 days ago

Insight Global Mortgage Processor/Customer Experience Specialist in Pasadena , California Job Description Insight Global is looking to hire a Mortgage Processor/ Customer Experience Specialist to work...

Commercial Loan Processor

  • Downey, CA (14 miles from Arcadia, CA)
  • 25 days ago
  • Downey, CA (14 miles from Arcadia, CA)
  • 25 days ago

Key Responsibilities Loan Processing & Documentation Collaborate with loan officers, brokers, FPCU members, and third-party vendors to gather all required loan documentation....

Real Estate Loan Processor

  • Altadena, CA (7 miles from Arcadia, CA)
  • 30+ days ago
  • Altadena, CA (7 miles from Arcadia, CA)
  • 30+ days ago

a computerized mortgage lending environment Experience with Encompass loan origination system and/or MeridianLink preferred We provide competitive compensation and benefits package that includes: Health...

Loan Documentation Specialist

  • Los Angeles, CA (16 miles from Arcadia, CA)
  • 30+ days ago
  • Los Angeles, CA (16 miles from Arcadia, CA)
  • 30+ days ago

Review loan documentation prepared by attorney services against approved credit commitment....

Loan Processor I

  • Los Angeles, CA (16 miles from Arcadia, CA)
  • 45+ days ago
  • Los Angeles, CA (16 miles from Arcadia, CA)
  • 45+ days ago

LOAN PROCESSOR I WHAT IS THE OPPORTUNITY? This position is responsible for reviewing, boarding and funding loans and renewals from loan agreements....

Senior Commercial Loan Documentation Specialist

  • El Monte, CA (3 miles from Arcadia, CA)
  • 90+ days ago
  • El Monte, CA (3 miles from Arcadia, CA)
  • 90+ days ago

Overview The Senior Commercial Loan Documentation Specialist is responsible for the preparation of all loan documentation for all commercial lending teams....

Demographic Data for Arcadia, CA

Moving to Arcadia, CA? Find some basic demographic data about Arcadia, CA below.


Local
National
65,753
2,930
Medium

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 Arcadia, CA

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

Highest Education Level

Loan Processors in Arcadia, CA offer the following education background
Bachelor's Degree
35.6%
High School or GED
23.0%
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 Arcadia, CA
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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