Loan Processor

Salary Range for Loan Processor in Activities Related to Credit Intermediation

The salary range for a Loan Processor in Activities Related to Credit Intermediation typically falls between $35,000 to $60,000 per year, depending on the level of experience and education.

Sample Job Description for Loan Processor in Activities Related to Credit Intermediation Industry

Job Objective:

The Loan Processor Is Responsible For Reviewing And Verifying Loan Applications And Ensuring All Necessary Documentation Is Completed Accurately And Efficiently. They Work Closely With Loan Officers, Underwriters, And Borrowers To Ensure The Loan Process Runs Smoothly And Efficiently.

Job Requirements:

1. Bachelor'S Degree In Business, Finance, Or A Related Field. 2. 2-3 Years Of Experience In Loan Processing Or A Related Field. 3. Excellent Communication And Interpersonal Skills. 4. Strong Attention To Detail And Ability To Multitask. 5. Knowledge Of Regulations And Policies Related To Loan Processing. 6. Ability To Work Well Under Pressure And Meet Tight Deadlines. 7. Proficient In Microsoft Office And Loan Processing Software. 8. Strong Analytical And Problem-Solving Skills. 9. Knowledge Of Credit Scores, Credit Reports, And Credit Analysis. 10. Ability To Maintain Confidentiality And Handle Sensitive Information.

Job Responsibilities:

1. Review Loan Applications And Ensure All Necessary Documentation Is Complete. 2. Verify The Accuracy Of All Loan Documents And Ensure They Comply With Regulations And Policies. 3. Communicate With Loan Officers, Underwriters, And Borrowers To Obtain Missing Information Or Clarify Discrepancies. 4. Prepare And Process Loan Documents, Including Closing Documents. 5. Coordinate Loan Closings With All Parties Involved, Including Borrowers, Loan Officers, And Attorneys. 6. Maintain Accurate Records And Ensure All Loan Files Are Complete. 7. Stay Up-To-Date On Industry Regulations And Policies Related To Loan Processing. 8. Provide Excellent Customer Service To Borrowers And Loan Officers. 9. Handle Loan-Related Inquiries And Resolve Any Issues That Arise. 10. Collaborate With Other Departments To Ensure A Smooth And Efficient Loan Process.

Top 10 Employers for Loan Processor in Activities Related to Credit Intermediation:

1. JPMorgan Chase & Co. - New York, NY - www.jpmorganchase.com 2. Wells Fargo - San Francisco, CA - www.wellsfargo.com 3. Bank of America - Charlotte, NC - www.bankofamerica.com 4. U.S. Bank - Minneapolis, MN - www.usbank.com 5. PNC Financial Services - Pittsburgh, PA - www.pnc.com 6. TD Bank - Cherry Hill, NJ - www.tdbank.com 7. SunTrust Bank - Atlanta, GA - www.suntrust.com 8. Regions Financial Corporation - Birmingham, AL - www.regions.com 9. Fifth Third Bank - Cincinnati, OH - www.53.com 10. BB&T - Winston-Salem, NC - www.bbt.com

Career Path for Loan Processor in Activities Related to Credit Intermediation:

1. High school diploma or equivalent 2. Loan Processor - 2-3 years of experience 3. Loan Officer - 3-5 years of experience 4. Senior Loan Officer - 5-7 years of experience 5. Loan Underwriter - 7-10 years of experience 6. Senior Loan Underwriter - 10+ years of experience

Top 5 Countries by Loan Processor in Activities Related to Credit Intermediation:

1. United States 2. Canada 3. United Kingdom 4. Australia 5. Germany

Top 5 Countries with Established Activities Related to Credit Intermediation:

1. United States 2. United Kingdom 3. Japan 4. China 5. Germany