Loan Processor Jobs in Arlington Heights, IL
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.
Booking Analyst, Loan Operations Specialist
- Chicago, IL (21 miles from Arlington Heights, IL)
- 1 day ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 1 day ago
How You'll Succeed Loan Documentation - Interpreting and understanding loan documents such as note or credit agreements for new, renewed and modified loans....
- Chicago, IL (21 miles from Arlington Heights, IL)
- 4 days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 4 days ago
The ideal candidate will be a seasoned Loan Processor with recent experience in a retail lending environment....
PGIM Real Estate - Agricultural Loan Processor
- Lisle, IL (23 miles from Arlington Heights, IL)
- 9 days ago
- Lisle, IL (23 miles from Arlington Heights, IL)
- 9 days ago
What you will do We are looking for an astute, determined professional with Commercial Lending experience to fill an open Loan Processor role within our rapidly growing Agricultural Finance debt business...
Bilingual Mortgage Loan Processor - Spanish
- Chicago, IL (21 miles from Arlington Heights, IL)
- 16 days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 16 days ago
Guaranteed Rate is currently seeking a hard-working, dedicated Bilingual (Spanish) Loan Coordinator (Loan Processor) to join our innovative and passionate team....
PGIM Real Estate - Loan Processor
- Lisle, IL (23 miles from Arlington Heights, IL)
- 18 days ago
- Lisle, IL (23 miles from Arlington Heights, IL)
- 18 days ago
What you will do We are looking for an astute, determined professional with Commercial Lending experience to fill an open Loan Processor role within our rapidly growing Agricultural Finance debt business...
- Lake Forest, IL (10 miles from Arlington Heights, IL)
- 25 days ago
- Lake Forest, IL (10 miles from Arlington Heights, IL)
- 25 days ago
Consumers Credit Union (CCU) is adding a new Loan Origination Specialist to the Sales team! This is a great opportunity for someone who strives to cultivate a high level of member engagement by...
- Chicago, IL (21 miles from Arlington Heights, IL)
- 28 days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 28 days ago
at Apex Systems in CHICAGO, Illinois, United States Job Description Job Description: Title: Loan Processor Location: Chicago, IL Work Model: Onsite M-F, 9:30 am - 6 pm CT Duration: 1 year contract with...
- Chicago, IL (21 miles from Arlington Heights, IL)
- 30+ days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 30+ days ago
Minimum of 5 years residential mortgage processing experience. Experience with Encompass....
Bilingual Mortgage Processor III- Cincinnati, Oh, Chicago, IL or Grand Rapids, MI
- Chicago, IL (21 miles from Arlington Heights, IL)
- 30+ days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 30+ days ago
Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....
Demographic Data for Arlington Heights, IL
Moving to Arlington Heights, IL? Find some basic demographic data about Arlington Heights, IL below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Arlington Heights, IL
Highest Education Level
Loan Processors in Arlington Heights, IL 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
- Loan Origination
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Federal Housing Administration
- Jumbo Loans
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- Tila Respa Integrated Disclosures
- Loan Processing
- Mortgage Processing
- Encompass
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Payment Processing
- Appraisal
- General Ledger
- File Management
- Real Estate
- Problem Resolution
- Sales Management
- Finance
- Closing
- Retail
- High School Diploma
- Prioritizing
- Written Communication
- Telephone Skills
- Documentation
- Reporting
- Filing
- 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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Here are some other career titles that require similar skills
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