Loan Processor Jobs in Mississippi

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.

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Mortgage Loan Processor II - Crescent, Ridgeland, MS

  • Ridgeland, MS
  • 1 day ago
  • Ridgeland, MS
  • 1 day ago

General Position Statement: Mortgage Loan Processor II is a junior level Loan Processor position responsible for reviewing residential mortgage loan applications and documents....

Loan Operations Specialist I LOANO003319

  • Tupelo, MS
  • 2 days ago
  • Tupelo, MS
  • 2 days ago

Cadence Bank Loan Operations Specialist I LOANO003319 in Tupelo , Mississippi Description Primary Purpose: Release documentation on Paid-out Loans to the customer. Principal Duties and...

Loan Operations Specialist I

  • Tupelo, MS
  • 6 days ago
  • Tupelo, MS
  • 6 days ago

Primary Purpose: Release documentation on Paid-out Loans to the customer. Principal Duties and Responsibilities: Process assigned group of loans that have paid-out which entails the verification...

Loan Operations Specialist IV LOANO003275 Tupelo

  • Tupelo, MS
  • 13 days ago
  • Tupelo, MS
  • 13 days ago

Cadence Bank Loan Operations Specialist IV LOANO003275 Tupelo in Tupelo , Mississippi Description Job Title:Loan Operations Specialist IV Physical Location: 2778 West Jackson Street, Bldg C,...

Loan Operations Specialist IV LOANO003220

  • Tupelo, MS
  • 24 days ago
  • Tupelo, MS
  • 24 days ago

documentation, software, federal and state regulations, and bank policy and procedures....

Consumer Loan Processor ( Philadelphia Ms)

  • Philadelphia, MS
  • 24 days ago
  • Philadelphia, MS
  • 24 days ago

THE CITIZENS BANK Consumer Loan Processor ( Philadelphia Ms) in Philadelphia , Mississippi 1 opening for a Consumer Loan Processor....

Mortgage Loan Processor

  • Jackson, MS
  • 60+ days ago
  • Jackson, MS
  • 60+ days ago

lending Desired Qualifications Bachelor's degree in relevant field preferred or equivalent experience in mortgage lending Three years' experience in residential mortgage loan processing and/or closing...

Commercial Loan Processor (On-site, Jackson, MS)

  • Jackson, MS
  • 90+ days ago
  • Jackson, MS
  • 90+ days ago

process....

Loan Operations Specialist IV

  • Tupelo, MS
  • 90+ days ago
  • Tupelo, MS
  • 90+ days ago

Job Title: Loan Operations Specialist IV Physical Location: 2778 West Jackson Street, Bldg C, Tupelo MS 38803 Reports To: Loan Operations Supervisor Work Hours: Monday - Friday, 8:00 am - 5:00 pm...

Demographic Data for Mississippi

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


Local
National
2,961,190
59,269

Loan Processor Online Courses and Training Opportunities

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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 Mississippi

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

Highest Education Level

Loan Processors in Mississippi 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 Mississippi
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%



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