Loan Processor Jobs in Pennsylvania

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.

1-13 of 13 Jobs

Correspondent Loan Processor

  • Hermitage, PA
  • 9 hours ago
  • Hermitage, PA
  • 9 hours ago

Assists in requesting and receiving missing loan documentation such as flood certifications, hazard policies with correct endorsements or condo questionnaires....

Commercial Loan Documentation Specialist

  • Allentown, PA
  • 3 days ago
  • Allentown, PA
  • 3 days ago

Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....

Loan Documentation Specialist I

  • Paradise, PA
  • 8 days ago
  • Paradise, PA
  • 8 days ago

Job Title: Loan Documentation Specialist I Reports to: Loan Documentation Manager Department: Loan Operations Job Classification: Non-Exempt Direct Reports: N/A Main Function Summary: The Loan Documentation...

Loan Support Specialist I

  • Wellsboro, PA
  • 11 days ago
  • Wellsboro, PA
  • 11 days ago

Loan Processing & Documentation - Prepare commitment letters, review loan documents for accuracy, assist with loan closings, and work closely with lenders and third parties....

Contact Center Loan Support Specialist

  • Warren, PA
  • 12 days ago
  • Warren, PA
  • 12 days ago

Job Description Job Description As a Loan Support Specialist within the Contact Center, you will be part of team of exceptional customer service professionals that are dedicated to providing...

Mortgage Loan Processor III

  • Harrisburg, PA
  • 13 days ago
  • Harrisburg, PA
  • 13 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....

Associate, Loan Operations

  • Malvern, PA
  • 19 days ago
  • Malvern, PA
  • 19 days ago

About Citco Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 trillion in assets under...

Seasonal Associate - Loan Servicing

  • Hermitage, PA
  • 20 days ago
  • Hermitage, PA
  • 20 days ago

Primary Office Location: 4140 East State Street. Hermitage, Pennsylvania. 16148. Join our team. Make a difference - for us and for your future. Position Title: Loan Servicing - Seasonal Associate...

Loan Operations Specialist

  • Malvern, PA
  • 30+ days ago
  • Malvern, PA
  • 30+ days ago

Develop and assist in implementing plans to identify, source, and execute industry best practices for loan processing and servicing. What do you need?...

Mortgage Processor/Closer II

  • Harrisburg, PA
  • 30+ days ago
  • Harrisburg, PA
  • 30+ days ago

Offers alternative and/or corrective options, when applicable, when loan documentation or terms of loan do not meet underwriting standards....

Commercial Loan Documentation Specialist

  • Pittsburgh, PA
  • 45+ days ago
  • Pittsburgh, PA
  • 45+ days ago

Responsibilities include: Loan Documentation; experienced in documenting simple and complex commercial loan transactions. Knowledge of industry standard loan processing parameters....

Loan Servicing Coordinator

  • Harrisburg, PA
  • 90+ days ago
  • Harrisburg, PA
  • 90+ days ago

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Job Description Regularly works on tasks...

Syndicated Loan Operations Specialist

  • Pittsburgh, PA
  • 90+ days ago
  • Pittsburgh, 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 Pennsylvania

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


Local
National
13,002,700
303,027

Loan Processor Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
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: The Decision
So far, in our series on loan processing, we've covered taking the application, verifying that data, compliance regulations, and underwriting the loan. For the final step, we're going to talk...
Construction Loan-in-process
Learn the fundamentals of accounting for construction loans, focusing on the Loan-in-Process (LIP) account. This course is ideal for professionals in lending, finance, or accounting who work with...

Salary for Loan Processor Jobs in Pennsylvania

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

Highest Education Level

Loan Processors in Pennsylvania 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 Pennsylvania
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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