Loan Processor Jobs in Wisconsin

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.

1-9 of 9 Jobs

Commercial Loan Support Specialist

  • Fond du Lac, WI
  • 1 day ago
  • Fond du Lac, WI
  • 1 day ago

JOB REQUIREMENTS: Why NEBAT? Trusted. Genuine. Successful. NationalExchange Bank & Trust is an independent, family-owned bank with big bankabilities, serving Southeastern Wisconsin. Founded in...

SBA Loan Processor

  • Waukesha, WI
  • 1 day ago
  • Waukesha, WI
  • 1 day ago

Waukesha State Bank is looking for a skilled SBA Loan Processor to support our Small Business Administration Team!...

Loan Documentation Specialist 4

  • Oshkosh, WI
  • 10 days ago
  • Oshkosh, WI
  • 10 days ago

legal documents used to support applicable loan/lease processing Ability to identify and resolve/escalate complex problems with minimal guidance Ability to apply critical thinking for all elements of loan...

Mortgage Loan Processor III

  • Madison, WI
  • 12 days ago
  • Madison, WI
  • 12 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....

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Mortgage Loan Processor

  • Green Bay, WI
  • 13 days ago
  • Green Bay, WI
  • 13 days ago

As aMortgage Loan Processor, you will: Assist retail bankers in screeningcustomer loan applications to determine loan eligibility by compilingpersonal financial data daily....

Loan Processing Specialist

  • Hartland, WI
  • 14 days ago
  • Hartland, WI
  • 14 days ago

Job Purpose Reporting to the Office Manager, the Loan Processing Specialist prepares, reviews and processes loan documentation....

Mortgage Loan Processor

  • Marshfield, WI
  • 14 days ago
  • Marshfield, WI
  • 14 days ago

The Mortgage Loan Processor is instrumental in ensuring that loan applications and supporting documentation are processed accurately, timely and in accordance with required regulations....

Consumer Loan Processor

  • Marshfield, WI
  • 16 days ago
  • Marshfield, WI
  • 16 days ago

Forward Bank seeks a full time Consumer Loan Processor....

Commercial Loan Processor

  • Seymour, WI
  • 20 days ago
  • Seymour, WI
  • 20 days ago

JOB REQUIREMENTS: We have an opening for a full time Commerical LoanProcessor in our Black River Falls office! In this role, you willsupport our agriculture and business lending department by...

Demographic Data for Wisconsin

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


Local
National
5,893,722
141,683

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 Wisconsin

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

Highest Education Level

Loan Processors in Wisconsin 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 Wisconsin
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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