Loan Processor Jobs in Springfield, MA
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 (22 miles from Springfield, MA)
- 11 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 11 days ago
The Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions....
Remote Sr, Loan Processor, Wholesale,
- Windsor, CT (17 miles from Springfield, MA)
- 19 days ago
- Windsor, CT (17 miles from Springfield, MA)
- 19 days ago
Three or more years Loan Processing work experience required. Encompass/Empower experience preferred....
Remote WorkSenior Associate, Loan Accounting Operations
- Windsor, CT (17 miles from Springfield, MA)
- 30+ days ago
- Windsor, CT (17 miles from Springfield, MA)
- 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 Springfield, MA)
- 45+ days ago
- Windsor, CT (17 miles from Springfield, MA)
- 45+ 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 Springfield, MA
Moving to Springfield, MA? Find some basic demographic data about Springfield, MA below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Springfield, MA
Highest Education Level
Loan Processors in Springfield, MA 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
- Nationwide Mortgage Licensing System & Registry
- Lending
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Loan Documentation
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Loan Processing
- Calyx Point
- Mortgage Processing
- Encompass
- Mortgage Servicing
- Wire Transfers
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- File Management
- Real Estate
- Problem Resolution
- Sales Management
- Finance
- Closing
- High School Diploma
- Retail
- Prioritizing
- Written Communication
- Verbal Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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