Loan Processor Jobs in Portland, CT
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.
- Hartford, CT (13 miles from Portland, CT)
- 2 days ago
- Hartford, CT (13 miles from Portland, CT)
- 2 days ago
*Required Qualifications** * Minimum 2 years of mortgage loan processing experience required. * Minimum 2 years of experience of state and federal lending regulations (e.g....
Commercial Loan Documentation Specialist
- Glastonbury, CT (7 miles from Portland, CT)
- 6 days ago
- Glastonbury, CT (7 miles from Portland, CT)
- 6 days ago
Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....
Remote Sr, Loan Processor, Wholesale,
- Windsor, CT (18 miles from Portland, CT)
- 10 days ago
- Windsor, CT (18 miles from Portland, CT)
- 10 days ago
Three or more years Loan Processing work experience required. Encompass/Empower experience preferred....
Remote Work- Middletown, CT (4 miles from Portland, CT)
- 19 days ago
- Middletown, CT (4 miles from Portland, CT)
- 19 days ago
Functional knowledge of Laser Pro or similar loan documentation software. Proficiency in Laser Pro (preferred) Prior experience in SBA lending. Paralegal certification preferred....
Senior Associate, Loan Accounting Operations
- Windsor, CT (17 miles from Portland, CT)
- 30+ days ago
- Windsor, CT (17 miles from Portland, CT)
- 30+ days ago
As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial...
- Windsor, CT (17 miles from Portland, CT)
- 30+ days ago
- Windsor, CT (17 miles from Portland, CT)
- 30+ days ago
REQUIRED EDUCATION / EXPERIENCE / SKILLS: Bachelor s degree in business or a related field or a high school diploma or equivalent with two to four years of experience in a commercial loan processing...
Demographic Data for Portland, CT
Moving to Portland, CT? Find some basic demographic data about Portland, CT below.
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Salary for Loan Processor Jobs in Portland, CT
Highest Education Level
Loan Processors in Portland, CT 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
- Loan Origination
- Consumer Lending
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Federal Housing Administration
- Jumbo Loans
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- Automated Clearing House
- Tila Respa Integrated Disclosures
- Loan Processing
- Mortgage Processing
- Encompass
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- File Management
- Real Estate
- Problem Resolution
- Sales Management
- Finance
- Closing
- High School Diploma
- Retail
- Prioritizing
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Reporting
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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