Loan Processor Jobs in Colorado

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

Mortgage Servicing - Loan Processor II

  • Colorado Springs, CO
  • 1 day ago
  • Colorado Springs, CO
  • 1 day ago

Minimum two (2) years of retail FHA/VA/CONVENTIONAL residential loan processing experience required....

Consumer Loan Processor

  • Englewood, CO
  • 5 days ago
  • Englewood, CO
  • 5 days ago

The Consumer Loan Processor will be part of our talented Consumer Lending team. The Consumer Loan Processor will promptly and accurately process consumer loans for three partner credit unions....

Remote Work

Loan Processor Trainee - (Pulte Mortgage)

  • Englewood, CO
  • 6 days ago
  • Englewood, CO
  • 6 days ago

The training will provide you with a greater understanding of the overall residential mortgage loan process, which will lead to a full-time, Loan Processor position....

Loan Documentation Specialist 4

  • Englewood, CO
  • 9 days ago
  • Englewood, CO
  • 9 days ago

legal documents used to support applicable loan/lease processing Ability to identify and resolve/escalate complex problems with minimal guidance Ability to apply critical thinking for all elements of loan...

Loan Processor I

  • Fort Collins, CO
  • 18 days ago
  • Fort Collins, CO
  • 18 days ago

LOAN PROCESSOR I Job Description GENERAL SUMMARY: Provide all branches/customers with accurate, efficient and professional service....

Seasonal Associate - Loan Servicing

  • Greenwood Village, CO
  • 18 days ago
  • Greenwood Village, CO
  • 18 days ago

Primary Office Location: 4140 East State Street. Hermitage, Pennsylvania. 16148. Join our team. Make a difference - for us and for your future. Position Title: Loan Servicing - Seasonal Associate...

Loan Processor I

  • Fort Collins, CO
  • 18 days ago
  • Fort Collins, CO
  • 18 days ago

LOAN PROCESSOR I Job Description GENERAL SUMMARY: Provide all branches/customers with accurate, efficient and professional service....

Loan Associate

  • Boulder, CO
  • 20 days ago
  • Boulder, CO
  • 20 days ago

First Western is seeking a Loan Associate to join our team! Are you looking for a challenging and rewarding opportunity? First Western is seeking a passionate and experienced professional to join...

Loan Processor - Canon City

  • Pueblo, CO
  • 30+ days ago
  • Pueblo, CO
  • 30+ days ago

Express Employment Professionals Loan Processor - Canon City in Pueblo , Colorado Must effectively operate computer programs for data input and retrieval....

Construction Loan Processor

  • Pueblo, CO
  • 30+ days ago
  • Pueblo, CO
  • 30+ days ago

Willingness to develop expert knowledge of LaserPro loan documentation software....

Reverse Loan Processor III

  • Greenwood Village, CO
  • 90+ days ago
  • Greenwood Village, CO
  • 90+ days ago

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,...

Demographic Data for Colorado

Moving to Colorado? Find some basic demographic data about Colorado below.


Local
National
5,773,997
178,799

Loan Processor Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
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: 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...
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 Colorado

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

Highest Education Level

Loan Processors in Colorado 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 Colorado
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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