Loan Processor Jobs in Ohio
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.
Bilingual Mortgage Processor III- Cincinnati, Oh, Chicago, IL or Grand Rapids, MI
- Cincinnati, OH
- 1 day ago
- Cincinnati, OH
- 1 day ago
Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....
Bilingual Mortgage Processor III- Chicago, IL or Grand Rapids, MI
- Cincinnati, OH
- 2 days ago
- Cincinnati, OH
- 2 days ago
Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....
Loan Processor, Kenton or Upper Sandusky, OH Assist all offices by performing essential duties in the lending area in support of loan origination, servicing, and reporting....
We're seeking Loan Processors to join us on the ground level to help build out our mortgage team. Our Loan Processors will be an integral part of our Ops organization....
Details:Job Title: Operation SpecialistPay Rate: $20 - 23.33/ hr.Location: Mason, OHZip Code: 45040Start Date: Right AwayKeywords: #MasonJobs; #OperationSpecialistjobs;Job Description:GENERAL...
Handles requests for assistance concerning loan documentation. 14....
Insight Global is hiring for a Mortgage Loan Processor to join one of the largest homebuilding companies across the country in their Mortgage division....
ESSENTIAL FUNCTIONSReasonable Accommodations StatementTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily.Reasonable accommodations may be...
Position Overview: The Construction Loan Processor is responsible for providing exceptional customer service and file quality....
Monitor the loan processing methods established for adherence to the company’s policies and procedures and documentation requirements. Ensure accuracy in processing closing documents efficiently....
Skills and Requirements 5+ years of experience working with Commercial loans Minimum 2 years as a loan closer or loan processor Familiarity with loan documentation and has experience with a number of...
Demographic Data for Ohio
Moving to Ohio? Find some basic demographic data about Ohio below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Ohio
Highest Education Level
Loan Processors in Ohio 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
- Employee Development
- 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 »