Loan Processor Jobs in New Hyde Park, 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.

1-12 of 12 Jobs

Commercial Loan Operations Specialist V

  • New York, NY (16 miles from New Hyde Park, NY)
  • 8 hours ago
  • New York, NY (16 miles from New Hyde Park, NY)
  • 8 hours ago

Commercial Loan Operations Specialist - Loan Closer Eligibility for Remote: Yes, MUST be located in AL, AR, FL, GA, LA, MO, MS, TN, or TX Job Posting: The Loan Closer is responsible for...

Mortgage Loan Processor II

  • New York, NY (16 miles from New Hyde Park, NY)
  • 3 days ago
  • New York, NY (16 miles from New Hyde Park, NY)
  • 3 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....

Remote Sr, Loan Processor, Wholesale,

  • Greenwich, CT (20 miles from New Hyde Park, NY)
  • 10 days ago
  • Greenwich, CT (20 miles from New Hyde Park, NY)
  • 10 days ago

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

Remote Work

SBA Loan Processor

  • Stamford, CT (22 miles from New Hyde Park, NY)
  • 10 days ago
  • Stamford, CT (22 miles from New Hyde Park, NY)
  • 10 days ago

A Community Bank is in need of a SBA Loan Processor/Assistant that will work with 7a loan requests....

Mortgage Loan Processor

  • New York, NY (16 miles from New Hyde Park, NY)
  • 10 days ago
  • New York, NY (16 miles from New Hyde Park, NY)
  • 10 days ago

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

SBA Loan Processing Specialist

  • Bronx, NY (13 miles from New Hyde Park, NY)
  • 12 days ago
  • Bronx, NY (13 miles from New Hyde Park, NY)
  • 12 days ago

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

Senior Associate, Loan Operations

  • New York, NY (16 miles from New Hyde Park, NY)
  • 20 days ago
  • New York, NY (16 miles from New Hyde Park, NY)
  • 20 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 (20 miles from New Hyde Park, NY)
  • 30+ days ago
  • Jersey City, NJ (20 miles from New Hyde Park, 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 (20 miles from New Hyde Park, NY)
  • 30+ days ago
  • Purchase, NY (20 miles from New Hyde Park, 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

Queens Branch-Business Development Department / Residential Loan Associate

  • Flushing, NY (7 miles from New Hyde Park, NY)
  • 30+ days ago
  • Flushing, NY (7 miles from New Hyde Park, 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 (2 miles from New Hyde Park, NY)
  • 45+ days ago
  • Great Neck, NY (2 miles from New Hyde Park, 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...

CLO/Syndicate Loan Settlement Specialist(hybrid)

  • Edgewood, NY (22 miles from New Hyde Park, NY)
  • 90+ days ago
  • Edgewood, NY (22 miles from New Hyde Park, 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 New Hyde Park, NY

Moving to New Hyde Park, NY? Find some basic demographic data about New Hyde Park, NY below.


Local
National
43,094
2,182
Medium

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...
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...
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...

Salary for Loan Processor Jobs in New Hyde Park, NY

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

Highest Education Level

Loan Processors in New Hyde Park, 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 New Hyde Park, 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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