Loan Processor Jobs in Derby, CT

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Commercial Loan Documentation Specialist

  • New Haven, CT (8 miles from Derby, CT)
  • 30+ days ago
  • New Haven, CT (8 miles from Derby, CT)
  • 30+ days ago

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

Demographic Data for Derby, CT

Moving to Derby, CT? Find some basic demographic data about Derby, CT below.

Local
National
12,297
233
Medium/Sm

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...
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Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...
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Loan Processing: Verification
The second step of loan processing is verification. After the loan application is completed, it's turned over to the loan processor. They obtain the necessary information from the applicant and...
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Salary for Loan Processor Jobs in Derby, CT

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

Highest Education Level

Loan Processors in Derby, CT offer the following education background
Bachelor's Degree
35.8%
High School or GED
22.8%
Associate's Degree
14.9%
Vocational Degree or Certification
11.7%
Master's Degree
11.1%
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 Derby, CT
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%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Loan Processor position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!