Loan Processor Jobs in Belvidere, IL
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1 Jobs
Mortgage Processor/Closing Agent
- Rockford, IL (16 miles from Belvidere, IL)
- 8 days ago
- Rockford, IL (16 miles from Belvidere, IL)
- 8 days ago
In this role you will initiate, track and collect the proper documentation necessary for the mortgage loan process....
Demographic Data for Belvidere, IL
Moving to Belvidere, IL? Find some basic demographic data about Belvidere, IL below.
Local
National
33,747
614
Medium
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: 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 Belvidere, IL
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Belvidere, 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
11.7%
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 Belvidere, 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%
Qualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Loan Review
- Jumbo Loans
- Conventional Loans
- Commercial Banking
- Loan Origination
- Federal National Morgage Association
- Encompass
- Freddie Mac
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- Fannie Mae
- FHLMC
- Mortgage Lending
- BSA
- Consumer Lending
- Federal Housing Administration
- Commercial Lending
- Loan Servicing
- OFAC
- Mortgage Underwriting
- Service Standards
- Lending
- Underwriting
- General Ledger
- Loan Processing
- Appraisal
- Mortgage Processing
- Payment Processing
- Financial Services
- Customer Retention
- File Management
- Real Estate
- Closing
- Finance
- Quality Control
- High School Diploma
- Written Communication
- Accounting
- Documentation
- Verbal Communication
- Reporting
- Telephone Skills
- Data Entry
- Policy Development
- Regulations
- Filing
- Multitasking
- Time Management
- Microsoft Office
- Microsoft Excel
- Sales
- Computer Skills
- Staff Supervision
- Organization
- Customer Service
- Problem Solving
- Scheduling
- Communication Skills
- USDA
- VA Loans
- Tila Respa Integrated Disclosures
In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!
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