Loan Processor Jobs in New York

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.

1-15 of 19 Jobs

Mortgage Loan Processor - REMOTE

  • Purchase, NY
  • 9 hours ago
  • Purchase, NY
  • 9 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 Work

Loan Processor

  • Farmingdale, NY
  • 18 hours ago
  • Farmingdale, NY
  • 18 hours ago

Integral to the booking/boarding process. The goal of this position is to fund new loans successfully, efficiently, and accurately book the new loan into the Underwriting system. RESPONSIBILITIES...

Loan Documentation Specialist II

  • Utica, NY
  • 1 day ago
  • Utica, NY
  • 1 day ago

The Loan Documentation Specialist II independently performs complex loan documentation analysis....

Mortgage Loan Processor

  • Syracuse, NY
  • 3 days ago
  • Syracuse, NY
  • 3 days ago

Mortgage Loan Processor Our Mortgage Loan Processors obtain, verify, and input information for mortgage loan files to ensure accuracy and completion of all loan documentation necessary for loan closing...

Mortgage processor

  • Charlton, NY
  • 7 days ago
  • Charlton, NY
  • 7 days ago

Job Requirement Mortgage loan processing closing Mortgage loan processing closing...

Senior Associate, Loan Operations

  • New York, NY
  • 10 days ago
  • New York, NY
  • 10 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...

Consumer Loan Processor

  • Albany, NY
  • 11 days ago
  • Albany, NY
  • 11 days ago

First New York Federal Credit Union Consumer Loan Processor in Albany , New York Job TypeFull-timeDescriptionPerforms all required functions as they relate to Consumer loan processing....

Loan Documentation Specialist II

  • Norwich, NY
  • 13 days ago
  • Norwich, NY
  • 13 days ago

The Loan Documentation Specialist II independently performs complex loan documentation analysis....

Mortgage Loan Processor

  • Great Neck, NY
  • 15 days ago
  • Great Neck, 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...

Loan Processor 1 - Indirect

  • Rochester, NY
  • 15 days ago
  • Rochester, NY
  • 15 days ago

Purpose: The Loan Processor 1 - Indirect is responsible for processing loan applications from Branch staff and Indirect Dealers....

Mortgage processor

  • Williamsville, NY
  • 17 days ago
  • Williamsville, NY
  • 17 days ago

processing Mortgage processing...

Loan Documentation Specialist

  • Bowling Green, NY
  • 21 days ago
  • Bowling Green, NY
  • 21 days ago

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

Mortgage Loan Processor

  • Buffalo, NY
  • 26 days ago
  • Buffalo, NY
  • 26 days ago

Mortgage Loan Processor Location: Buffalo, NY This position is eligible to sit in our Cleveland, Buffalo or Pittsburgh office* SUMMARY: Howard Hanna Mortgage seeks a full-time Mortgage Loan Processor...

Mortgage processor

  • Ballston Lake, NY
  • 29 days ago
  • Ballston Lake, NY
  • 29 days ago

The loan processor then takes charge, carefully reviewing the file and submitting it to underwriting....

Mortgage Processor III (Safe Act)

  • Williamsville, NY
  • 30+ days ago
  • Williamsville, NY
  • 30+ days ago

Two to three years prior mortgage processing or underwriting experience. Education and Experience Preferred: Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe....

Demographic Data for New York

Moving to New York? Find some basic demographic data about New York below.


Local
National
20,201,017
534,422

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 New York

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

Highest Education Level

Loan Processors in New York 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 York
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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