Loan Processor Jobs in Florham Park, NJ

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.

1-9 of 9 Jobs

Loan Processor

  • Morristown, NJ (4 miles from Florham Park, NJ)
  • 2 days ago
  • Morristown, NJ (4 miles from Florham Park, NJ)
  • 2 days ago

High School Diploma or equivalent. 1 to 2 years of experience in Syndications and Corporate Lending operations. Basic MS Office Knowledge. Good Communication skills....

Mortgage Loan Processor II

  • New York, NY (21 miles from Florham Park, NJ)
  • 2 days ago
  • New York, NY (21 miles from Florham Park, NJ)
  • 2 days ago

*Required Qualifications** * Minimum 2 years of mortgage loan processing experience required. * Minimum 2 years of experience of state and federal lending regulations (e.g....

Loan Documentation Specialist

  • Wayne, NJ (14 miles from Florham Park, NJ)
  • 5 days ago
  • Wayne, NJ (14 miles from Florham Park, NJ)
  • 5 days ago

Required Experience: High School Diploma or GED and a minimum of two years' experience required in Commercial Loan Documentation, post-closing or other related Commercial Lending area....

Mortgage Loan Processor

  • New York, NY (21 miles from Florham Park, NJ)
  • 9 days ago
  • New York, NY (21 miles from Florham Park, NJ)
  • 9 days ago

Overview East West Bank is currently seeking a Mortgage Loan Processor....

Loan Processor

  • Bridgewater, NJ (16 miles from Florham Park, NJ)
  • 11 days ago
  • Bridgewater, NJ (16 miles from Florham Park, NJ)
  • 11 days ago

Qualifications: - High school diploma or equivalent; additional education or certifications related to mortgage lending a plus. - 3 years of experience in loan processing within the mortgage lending...

Senior Associate, Loan Operations

  • New York, NY (21 miles from Florham Park, NJ)
  • 19 days ago
  • New York, NY (21 miles from Florham Park, NJ)
  • 19 days ago

.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan processing Serving as informational resource for loan products to SS&C GlobeOp's clients and internal departments What...

Associate, Loan Operations

  • Jersey City, NJ (17 miles from Florham Park, NJ)
  • 30+ days ago
  • Jersey City, NJ (17 miles from Florham Park, NJ)
  • 30+ days ago

It includes sales of trades of syndicated loans made by lenders in the original syndicate and those made by subsequent purchasers....

Mortgage Loan Processor

  • Fairfield, NJ (8 miles from Florham Park, NJ)
  • 30+ days ago
  • Fairfield, NJ (8 miles from Florham Park, NJ)
  • 30+ days ago

Orders services required for the loan process (i.e.: flood certification, appraisal, automated underwriting etc.)...

Loan Processing Specialist-Settlements (hybrid)

  • Newark, NJ (12 miles from Florham Park, NJ)
  • 90+ days ago
  • Newark, NJ (12 miles from Florham Park, NJ)
  • 90+ days ago

Qualifications: 5+ years of experience in Loan Processing, credit operations, or funds administration, with a strong focus on global loan processing....

Demographic Data for Florham Park, NJ

Moving to Florham Park, NJ? Find some basic demographic data about Florham Park, NJ below.


Local
National
11,036
659
Medium/Sm

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: The Decision
So far, in our series on loan processing, we've covered taking the application, verifying that data, compliance regulations, and underwriting the loan. For the final step, we're going to talk...
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 Florham Park, NJ

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

Highest Education Level

Loan Processors in Florham Park, NJ 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 Florham Park, NJ
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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