Loan Processor Jobs in Ashmore, IL

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Loan Processing Specialist

  • First Mid
  • Mattoon, IL (17 miles from Ashmore, IL)
  • 11 days ago
  • Mattoon, IL (17 miles from Ashmore, IL)
  • 11 days ago

Independently analyzes complex loan documentation in order to set up and fund loan accounts while adhering to bank standards and loan policy....

In Person

Demographic Data for Ashmore, IL

Moving to Ashmore, IL? Find some basic demographic data about Ashmore, IL below.


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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: 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...
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...

Salary for Loan Processor Jobs in Ashmore, IL

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

Highest Education Level

Loan Processors in Ashmore, IL offer the following education background
Bachelor's Degree
35.7%
High School or GED
22.8%
Associate's Degree
14.9%
Vocational Degree or Certification
11.8%
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 Ashmore, IL
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%