Loan Processor Jobs in Louisiana

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.

1-6 of 6 Jobs

Loan Processor

  • Shreveport, LA
  • 18 hours ago
  • Shreveport, LA
  • 18 hours ago

Maven is looking for a loan processor to transition into the oil and gas industry as a division order analyst....

Loan Processor

  • Saint Joseph, LA
  • 8 days ago
  • Saint Joseph, LA
  • 8 days ago

Qualifications: Experience processing TRID loans in a bank, credit union, or mortgage lending institution. Knowledge of loan processing systems, underwriting guidelines, and regulatory compliance....

Indirect Loan Processor - Lending Operations

  • Baton Rouge, LA
  • 15 days ago
  • Baton Rouge, LA
  • 15 days ago

Indirect Loan Processor - Lending Operations 2675 O'Neal Ln, Baton Rouge, LA 70816, USA Req #1068 Wednesday, February 26, 2025 The role of the Indirect Loan Processor is responsible for processing indirect...

Loan Support Specialist - Loan Support

  • Baton Rouge, LA
  • 15 days ago
  • Baton Rouge, LA
  • 15 days ago

Prior loan processing and loan documentation experience is preferred. Excellent oral, written, and telephone communication skills....

Loan Operations Specialist II

  • Baton Rouge, LA
  • 16 days ago
  • Baton Rouge, LA
  • 16 days ago

Understanding of PC applications Thorough understanding of the Laser Pro System Thorough knowledge of loan processing/booking Thorough understanding of the principles governing loan documentation and...

Loan Operations Specialist II

  • Lafayette, LA
  • 17 days ago
  • Lafayette, LA
  • 17 days ago

. • Understanding of PC applications • Thorough understanding of the Laser Pro System • Thorough knowledge of loan processing/booking • Thorough understanding of the principles governing loan documentation...

Demographic Data for Louisiana

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


Local
National
4,657,278
106,764

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 Louisiana

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

Highest Education Level

Loan Processors in Louisiana 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 Louisiana
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%



Loan Processor Related Career Advice Articles

banker looking at charts on laptop
How to Decide Between Investment Banking and Commercial Banking

Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.

Read article »
personal banker going over paperwork with her clients
Career Spotlight: Personal Banker

What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.

Read article »