Loan Processor Jobs in Elmsford, 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.
Mortgage Loan Processor - REMOTE
- Purchase, NY (5 miles from Elmsford, NY)
- 16 hours ago
- Purchase, NY (5 miles from Elmsford, NY)
- 16 hours 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 WorkSenior Associate, Loan Operations
- New York, NY (23 miles from Elmsford, NY)
- 11 days ago
- New York, NY (23 miles from Elmsford, NY)
- 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...
- Great Neck, NY (20 miles from Elmsford, NY)
- 15 days ago
- Great Neck, NY (20 miles from Elmsford, NY)
- 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...
- Wayne, NJ (23 miles from Elmsford, NY)
- 17 days ago
- Wayne, NJ (23 miles from Elmsford, NY)
- 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...
- New York, NY (23 miles from Elmsford, NY)
- 23 days ago
- New York, NY (23 miles from Elmsford, NY)
- 23 days ago
Date: Feb 18, 2025 Location: New York, NY, US, 10004 Company: Popular Workplace Type: Hybrid Loan Documentation Specialist US Loan Closers We are currently sourcing for a Loan Documentation Specialist...
Hybrid Syndicated Loan Associate / VP
- New York, NY (23 miles from Elmsford, NY)
- 30+ days ago
- New York, NY (23 miles from Elmsford, NY)
- 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 (7 miles from Elmsford, NY)
- 30+ days ago
- Harrison, NY (7 miles from Elmsford, NY)
- 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 WorkDemographic Data for Elmsford, NY
Moving to Elmsford, NY? Find some basic demographic data about Elmsford, NY below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Elmsford, NY
Highest Education Level
Loan Processors in Elmsford, NY 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
- 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
Other Career Titles
Here are some other career titles that require similar skills
Loan Processor Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »