Loan Processor Jobs in Indiana
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.
A Consumer Loan Processor is responsible for the processing and closing of Consumer Direct and Indirect loan products....
Vaco has partnered with a non-profit organization in downtown Indianapolis to hire a part time Loan Processor. This is a contract role that will last 2-3 months....
This position requires handling more complex transactions and assignments in the loan processing area. Essential Job Functions: Accurately preparing loan documents....
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes....
Commercial Loan Documentation Specialist
- Michigan City, IN
- 45+ days ago
- Michigan City, IN
- 45+ days ago
Principal Accountabilities Process and prepare loan documentation for new, renewed and amended commercial and small business loans....
The Mortgage Loan Processor is responsible for supporting all mortgage loan processing activities. What youll do: Receive, evaluate, and review loan applications....
Demographic Data for Indiana
Moving to Indiana? Find some basic demographic data about Indiana below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Indiana
Highest Education Level
Loan Processors in Indiana 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
- Employee Development
- 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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Here are some other career titles that require similar skills
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