Loan Processor Jobs in Evergreen Park, 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.
Bilingual Mortgage Processor III- Cincinnati, Oh, Chicago, IL or Grand Rapids, MI
- Chicago, IL (12 miles from Evergreen Park, IL)
- 1 day ago
- Chicago, IL (12 miles from Evergreen Park, IL)
- 1 day ago
Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....
Bilingual Mortgage Processor III- Chicago, IL or Grand Rapids, MI
- Schiller Park, IL (17 miles from Evergreen Park, IL)
- 2 days ago
- Schiller Park, IL (17 miles from Evergreen Park, IL)
- 2 days ago
Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....
Loan Processor (Wire Operations)
- Chicago, IL (12 miles from Evergreen Park, IL)
- 3 days ago
- Chicago, IL (12 miles from Evergreen Park, IL)
- 3 days ago
Job Description: Wire Operations requires assistance in day-to-day processing of wire payments, transfers and SWIFT messages in a high-pace and high-risk environment. Responsible for handling...
Bilingual Mortgage Processor III- Chicago, IL & Grand Rapids, MI
- Rosemont, IL (21 miles from Evergreen Park, IL)
- 5 days ago
- Rosemont, IL (21 miles from Evergreen Park, IL)
- 5 days ago
Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....
Sr. Loan Administration Specialist Loss Mitigation
- Chicago, IL (12 miles from Evergreen Park, IL)
- 6 days ago
- Chicago, IL (12 miles from Evergreen Park, IL)
- 6 days ago
What You'll Do: - Managing Requests: You handle different loss mitigation requests coming from various sources. - Meeting Deadlines: You make sure everything is processed on time and follows...
Booking Analyst, Loan Operations Specialist
- Chicago, IL (12 miles from Evergreen Park, IL)
- 9 days ago
- Chicago, IL (12 miles from Evergreen Park, IL)
- 9 days ago
Job Location IL-70 W Madison St, 8th Fl Employment Type Regular Weekly Hours 40 Skills Company Policies, Consumer Loans, Documentations, Electronic Records Management (ERM), Loan, Loan Closings...
- Chicago, IL (12 miles from Evergreen Park, IL)
- 29 days ago
- Chicago, IL (12 miles from Evergreen Park, IL)
- 29 days ago
Technical Proficiency: Use loan processing software and systems efficiently. Problem-Solving Skills: Identify and resolve issues that arise during the loan processing stages....
Remote WorkDemographic Data for Evergreen Park, IL
Moving to Evergreen Park, IL? Find some basic demographic data about Evergreen Park, IL below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Evergreen Park, IL
Highest Education Level
Loan Processors in Evergreen Park, 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
- Jumbo Loans
- Consumer Lending
- Loan Documentation
- Lending
- Loan Origination
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Fannie Mae
- Loan Review
- BSA
- Freddie Mac
- Conventional Loans
- Commercial Lending
- Federal Housing Administration
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Mortgage Processing
- Loan Servicing
- USDA
- Financial Services
- Encompass
- Underwriting
- Fraud Investigation
- Appraisal
- Payment Processing
- General Ledger
- Problem Resolution
- Real Estate
- Closing
- Finance
- High School Diploma
- Prioritizing
- Quality Control
- Verbal Communication
- Written Communication
- Documentation
- Filing
- Reporting
- Sales
- Regulations
- Multitasking
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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