Loan Processor Jobs in Plum, PA
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.
Commercial Loan Documentation Specialist
- Pittsburgh, PA (11 miles from Plum, PA)
- 2 days ago
- Pittsburgh, PA (11 miles from Plum, PA)
- 2 days ago
Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....
- Bellevue, PA (17 miles from Plum, PA)
- 3 days ago
- Bellevue, PA (17 miles from Plum, PA)
- 3 days ago
Job Description The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market...
Syndicated Loan Operations Specialist
- Pittsburgh, PA (11 miles from Plum, PA)
- 90+ days ago
- Pittsburgh, PA (11 miles from Plum, PA)
- 90+ days ago
Fosters relationships with syndicate members, agent banks, and internal partners involved in syndicated loan processing through multiple channels all while ensuring effective communication....
Demographic Data for Plum, PA
Moving to Plum, PA? Find some basic demographic data about Plum, PA below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Plum, PA
Highest Education Level
Loan Processors in Plum, PA 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
- Tila Respa Integrated Disclosures
- VA Loans
- Loan Processing
- OFAC
- Mortgage Processing
- Loan Servicing
- USDA
- Mortgage Servicing
- Financial Services
- Encompass
- Underwriting
- Appraisal
- Payment Processing
- General Ledger
- Real Estate
- Problem Resolution
- Closing
- Finance
- Accounting
- High School Diploma
- Prioritizing
- Quality Control
- Verbal Communication
- Written Communication
- Documentation
- Employee Development
- Filing
- Reporting
- 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 »