Loan Processor Jobs in Washington

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.

1-11 of 11 Jobs

Agriculture Loan Processor

  • Yakima, WA
  • 11 days ago
  • Yakima, WA
  • 11 days ago

We serve customers in 59 locations throughout the West.We are in search of a Loan Processor I or Loan Processor II to join our Washington Lending and Insurance department in Yakima, Washington....

Home Equity Loan Processor

  • WA
  • 15 days ago
  • WA
  • 15 days ago

Experience: Minimum of one year in Home Equity or Mortgage Lending. Regulatory Knowledge: Thorough understanding of real estate lending practices, including federal and state regulations....

Consumer Loan Support Specialist

  • Tacoma, WA
  • 18 days ago
  • Tacoma, WA
  • 18 days ago

Consumer Loan Support Specialist Loan Operations Tacoma,Washington Roseburg,Oregon Liberty Lake,Washington Description About Us: Umpqua Bank is headquartered in the Pacific Northwest with 5,000+...

Commercial Loan Support Specialist

  • Liberty Lake, WA
  • 20 days ago
  • Liberty Lake, WA
  • 20 days ago

Commercial Loan Support Specialist Loan Operations Tacoma,Washington Roseburg,Oregon Liberty Lake,Washington Description About Us: Umpqua Bank is headquartered in the Pacific Northwest with 5,000+...

Indirect Loan Processor II

  • Tukwila, WA
  • 20 days ago
  • Tukwila, WA
  • 20 days ago

This position has demonstrated the ability to handle moderate responsibilities in addition to the Loan Processor role....

Home Loan Processor II

  • Richland, WA
  • 20 days ago
  • Richland, WA
  • 20 days ago

One year experience processing Correspondent, FHA and VA loans preferred. Knowledge in reviewing and analyzing basic income calculations....

Senior Loan Processor

  • Puyallup, WA
  • 22 days ago
  • Puyallup, WA
  • 22 days ago

Bay Equity is a full-service retail mortgage lending institution headquartered in Corte Madera....

Commercial Loan Documentation Specialist - COMME002279

  • Vancouver, WA
  • 24 days ago
  • Vancouver, WA
  • 24 days ago

Responsible for any and all activities related to the processing and closing documentation of Commercial and Consumer/HELOC loans adhering and complying with all company policies and federal...

Quality Control Commercial Loan Support Specialist

  • Liberty Lake, WA
  • 26 days ago
  • Liberty Lake, WA
  • 26 days ago

at Umpqua Bank in Liberty Lake, Washington, United States Job Description Quality Control Commercial Loan Support Specialist Loan Operations Tacoma, Washington Roseburg, Oregon Liberty Lake,...

Corporate Mortgage Loan Administration Specialist II

  • Spokane, WA
  • 30+ days ago
  • Spokane, WA
  • 30+ days ago

Duties and Responsibilities Description % of Time Spent * Desk Functions * Order Desk * Order third party services on mortgage loans to include: certificate of eligibility on VA loans, condo documents...

Loan Processor III

  • Bellevue, WA
  • 90+ days ago
  • Bellevue, WA
  • 90+ days ago

Expert knowledge of overall mortgage lending internal processes and control, as well as federal, state, and regulatory requirements/guidelines related to consumer mortgage lending for conventional,...

Demographic Data for Washington

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


Local
National
7,705,271
197,951

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: 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...
Loan Processing: Compliance
Within three business days after completing and verifying the application, the lender needs to provide the applicant with a loan estimate of the anticipated closing costs. This estimate shows the...

Salary for Loan Processor Jobs in Washington

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

Highest Education Level

Loan Processors in Washington 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 Washington
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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