Loan Processor Jobs in Foster City, 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.
- Alameda, CA (15 miles from Foster City, CA)
- 2 days ago
- Alameda, CA (15 miles from Foster City, CA)
- 2 days ago
A minimum of 3 years' experience as a Loan Processor Knowledge of real estate loan processes, documentation and closing procedures preferably in the private money lending sector....
- San Francisco, CA (17 miles from Foster City, CA)
- 15 days ago
- San Francisco, CA (17 miles from Foster City, CA)
- 15 days ago
The Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions....
- San Francisco, CA (17 miles from Foster City, CA)
- 30+ days ago
- San Francisco, CA (17 miles from Foster City, CA)
- 30+ days ago
MORTGAGE LOAN PROCESSOR III WHAT IS THE OPPORTUNITY? The Mortgage Loan Processor III is responsible for processing home equity line of credit's, purchase, and refinance transactions....
- Walnut Creek, CA (24 miles from Foster City, CA)
- 90+ days ago
- Walnut Creek, CA (24 miles from Foster City, CA)
- 90+ days ago
Loan Processor must have a deeper and broader understanding of the mortgage process, including handling complex and non-standard cases....
Demographic Data for Foster City, CA
Moving to Foster City, CA? Find some basic demographic data about Foster City, CA below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Foster City, CA
Highest Education Level
Loan Processors in Foster City, CA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- Loan Documentation
- BSA
- Loan Review
- Conventional Loans
- FHLMC
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Loan Processing
- VA Loans
- Mortgage Processing
- Encompass
- Wire Transfers
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- File Management
- Real Estate
- Problem Resolution
- Sales Management
- Finance
- Closing
- High School Diploma
- Retail
- Written Communication
- Prioritizing
- Telephone Skills
- Documentation
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Research Skills
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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