Loan Processor Jobs in Secaucus, 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.

1-8 of 8 Jobs

Mortgage Loan Processor

  • Fairfield, NJ (13 miles from Secaucus, NJ)
  • 1 day ago
  • Fairfield, NJ (13 miles from Secaucus, NJ)
  • 1 day ago

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

Senior Associate, Loan Operations

  • New York, NY (4 miles from Secaucus, NJ)
  • 11 days ago
  • New York, NY (4 miles from Secaucus, NJ)
  • 11 days ago

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

Mortgage Loan Processor

  • Great Neck, NY (18 miles from Secaucus, NJ)
  • 15 days ago
  • Great Neck, NY (18 miles from Secaucus, NJ)
  • 15 days ago

SUMMARY The Mortgage Loan Processor is responsible for accurately managing loan documentation through our established systems, and reviewing it to ensure it is completed in full and complies with current...

Commercial Loan Associate

  • Wayne, NJ (14 miles from Secaucus, NJ)
  • 17 days ago
  • Wayne, NJ (14 miles from Secaucus, NJ)
  • 17 days ago

TCS, a global leader in IT services, consulting, and business solutions, leverages technology for business transformation and helps catalyze change. •Process Commercial Loan transactions within...

Loan Documentation Specialist

  • Bowling Green, NY (6 miles from Secaucus, NJ)
  • 22 days ago
  • Bowling Green, NY (6 miles from Secaucus, NJ)
  • 22 days ago

US Loan Closers We are currently sourcing for a Loan Documentation Specialist....

Hybrid Syndicated Loan Associate / VP

  • New York, NY (4 miles from Secaucus, NJ)
  • 30+ days ago
  • New York, NY (4 miles from Secaucus, NJ)
  • 30+ days ago

Job Function: Manage closing of the Agency deals Process daily activity events Submit daily transactions for approval Manage resolutions of un-reconciled funds and discrepancies Analyze Credit...

Mortgage Loan Processor - REMOTE

  • Harrison, NY (22 miles from Secaucus, NJ)
  • 30+ days ago
  • Harrison, NY (22 miles from Secaucus, NJ)
  • 30+ days ago

Job Order Number: DF9384987 Job Title: Mortgage Loan Processor - REMOTE Company: Quorum Federal Credit Union Location: Purchase, NY Salary: Education: Bachelor's Degree Experience: 3 years Hours: 40...

Remote Work

Loan Processing Specialist-Settlements (hybrid)

  • Newark, NJ (6 miles from Secaucus, NJ)
  • 90+ days ago
  • Newark, NJ (6 miles from Secaucus, 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 Secaucus, NJ

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


Local
National
22,181
954
Medium

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 Secaucus, NJ

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

Highest Education Level

Loan Processors in Secaucus, 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 Secaucus, 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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