Loan Processor Jobs in Oklahoma

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.

1-6 of 6 Jobs

Commercial & Consumer Loan Operations Specialist I

  • Jenks, OK
  • 7 days ago
  • Jenks, OK
  • 7 days ago

This position is responsible for filings, paid loan processing insurance and other various tasks....

Mortgage Loan Processor III

  • Oklahoma City, OK
  • 8 days ago
  • Oklahoma City, OK
  • 8 days ago

MORTGAGE LOAN PROCESSOR III WHAT IS THE OPPORTUNITY? The Mortgage Loan Processor III is responsible for processing home equity line of credit's, purchase, and refinance transactions....

Loan Operations Specialist (Loan Input)

  • Tulsa, OK
  • 8 days ago
  • Tulsa, OK
  • 8 days ago

Understanding of compliance and regulatory requirements related to loan processing....

Mortgage Loan Processor

  • Tulsa, OK
  • 13 days ago
  • Tulsa, OK
  • 13 days ago

Responsible for running DU/AUS during loan process. Maintain accuracy of the companys database by reviewing and updating information as it is received....

Commercial Loan Processor

  • Harrah, OK
  • 30+ days ago
  • Harrah, OK
  • 30+ days ago

Full Time Commercial Loan Processor Harrah, OK Onsite Position 19979 NE 23 rd St Harrah, OK 73045 Full Time POSITION SUMMARY Ideal candidate is seeking long term employment with room for advancement...

Loan Processor

  • McAlester, OK
  • 90+ days ago
  • McAlester, OK
  • 90+ days ago

Loan Processor McAlester, OK Onsite Position 501 E. Carl Albert Parkway, McAlester 74502-1107 Full Time ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned....

Demographic Data for Oklahoma

Moving to Oklahoma? Find some basic demographic data about Oklahoma below.


Local
National
3,959,261
94,077

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 Oklahoma

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

Highest Education Level

Loan Processors in Oklahoma 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 Oklahoma
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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