Loan Processor Jobs in Missouri
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.
other loan operation associates Identify critical original documentation needed for preservation and loan maintenance and monitoring needed pursuant to loan documentation and other lending guidelines...
Job Title: Senior Loan Processor Location: Remote Texas What you'll do: As a Senior Loan Processor you'll process residential mortgage loan files from initial application to funding, ensuring timely...
Department of Education compliance, processes, and procedures, as well as managing all loan processing activities....
Minimum two (2) years of retail FHA/VA/CONVENTIONAL residential loan processing experience required....
Minimum two years' experience in loan documentation or similar process....
Requirements: Prior consumer and/or commercial loan documentation knowledge; previous work with GFS and Loan IQ; excellent written and verbal communication skills; strong organizational and multi-tasking...
Loan Operations Specialist. Job in Bridgeton Gr8Jobs
- Hazelwood, MO
- 17 days ago
- Hazelwood, MO
- 17 days ago
lending teams and other loan operation associates Identify critical original documentation needed for preservation and loan maintenance and monitoring needed pursuant to loan documentation and other...
Loan Operations Specialist. Job in Ballwin Gr8Jobs
- Manchester, MO
- 17 days ago
- Manchester, MO
- 17 days ago
This role requires excellent customer service skills and collaboration with various teams to ensure accuracy in loan processing and documentation....
Loan Administration Specialist - GWIM Credit Operations
- Saint Louis, MO
- 19 days ago
- Saint Louis, MO
- 19 days ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and...
Loan Administration Specialist - Global Operations
- Saint Louis, MO
- 21 days ago
- Saint Louis, MO
- 21 days ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and...
Assist with training and supervision of Loan Processor I as required....
Demographic Data for Missouri
Moving to Missouri? Find some basic demographic data about Missouri below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Missouri
Highest Education Level
Loan Processors in Missouri 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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