Loan Processor Jobs in Olean, 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.
Typing, PC proficiency (with Microsoft Office Products and loan documentation software). Good written and oral communication skills, interpersonal skills, organizational skills....
Demographic Data for Olean, NY
Moving to Olean, NY? Find some basic demographic data about Olean, NY below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Olean, NY
Highest Education Level
Loan Processors in Olean, 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
- Loan Origination
- Consumer Lending
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Jumbo Loans
- Federal Housing Administration
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- Automated Clearing House
- Tila Respa Integrated Disclosures
- Loan Processing
- Mortgage Processing
- Encompass
- USDA
- Mortgage Underwriting
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- File Management
- Real Estate
- Problem Resolution
- Sales Management
- Finance
- Closing
- Retail
- High School Diploma
- Prioritizing
- Written Communication
- Telephone Skills
- Documentation
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
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