Loan Processor Jobs in Elmhurst, NY

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.

1-13 of 13 Jobs

Mortgage Loan Processor II

  • New York, NY (6 miles from Elmhurst, NY)
  • 1 day ago
  • New York, NY (6 miles from Elmhurst, NY)
  • 1 day 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 (23 miles from Elmhurst, NY)
  • 4 days ago
  • Wayne, NJ (23 miles from Elmhurst, NY)
  • 4 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....

Remote Sr, Loan Processor, Wholesale,

  • Greenwich, CT (24 miles from Elmhurst, NY)
  • 8 days ago
  • Greenwich, CT (24 miles from Elmhurst, NY)
  • 8 days ago

** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....

Remote Work

Mortgage Loan Processor

  • New York, NY (6 miles from Elmhurst, NY)
  • 8 days ago
  • New York, NY (6 miles from Elmhurst, NY)
  • 8 days ago

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

SBA Loan Processing Specialist

  • Bronx, NY (6 miles from Elmhurst, NY)
  • 10 days ago
  • Bronx, NY (6 miles from Elmhurst, NY)
  • 10 days ago

Uploads SBA loan documentation to the tracking system for ongoing monitoring and management....

Senior Associate, Loan Operations

  • New York, NY (6 miles from Elmhurst, NY)
  • 18 days ago
  • New York, NY (6 miles from Elmhurst, NY)
  • 18 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 (10 miles from Elmhurst, NY)
  • 30+ days ago
  • Jersey City, NJ (10 miles from Elmhurst, NY)
  • 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 - REMOTE

  • Purchase, NY (22 miles from Elmhurst, NY)
  • 30+ days ago
  • Purchase, NY (22 miles from Elmhurst, NY)
  • 30+ days ago

Knowledge of the mortgage process from origination to post closing. Obtain and maintain NMLS license number as required each year, including completion of required education and training....

Remote Work

Mortgage Loan Processor

  • Fairfield, NJ (23 miles from Elmhurst, NY)
  • 30+ days ago
  • Fairfield, NJ (23 miles from Elmhurst, NY)
  • 30+ days ago

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

Queens Branch-Business Development Department / Residential Loan Associate

  • Flushing, NY (2 miles from Elmhurst, NY)
  • 30+ days ago
  • Flushing, NY (2 miles from Elmhurst, NY)
  • 30+ days ago

Compliance: Update Residential Mortgage Lending Procedure as needed. Work on CFPB Consumer Metrics impacted by COVID-19 on monthly basis....

Remote Work

Mortgage Loan Processor

  • Great Neck, NY (8 miles from Elmhurst, NY)
  • 45+ days ago
  • Great Neck, NY (8 miles from Elmhurst, NY)
  • 45+ 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 (23 miles from Elmhurst, NY)
  • 45+ days ago
  • Wayne, NJ (23 miles from Elmhurst, NY)
  • 45+ days ago

. •2 to 4 years of experience in Syndications & Corporate Lending Operations •Basic MS Office knowledge •Good Communication and Co-ordination skills •Ability to work in a fast-paced environment, meeting...

Loan Processing Specialist-Settlements (hybrid)

  • Newark, NJ (15 miles from Elmhurst, NY)
  • 90+ days ago
  • Newark, NJ (15 miles from Elmhurst, NY)
  • 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 Elmhurst, NY

Moving to Elmhurst, NY? Find some basic demographic data about Elmhurst, NY below.


Local
National
105,712
1,630
Medium/Lg

Loan Processor Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
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...
Construction Loan-in-process
Learn the fundamentals of accounting for construction loans, focusing on the Loan-in-Process (LIP) account. This course is ideal for professionals in lending, finance, or accounting who work with...
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...

Salary for Loan Processor Jobs in Elmhurst, NY

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

Highest Education Level

Loan Processors in Elmhurst, NY 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 Elmhurst, NY
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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