Loan Processor Jobs in Canton, IL

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Loan Processor

  • Bank of Farmington
  • Farmington, IL (9 miles from Canton, IL)
  • 10 days ago
  • Farmington, IL (9 miles from Canton, IL)
  • 10 days ago

Loan Processor 16 N Main St, Farmington, IL 61531 $19 - $24 an hour - Full-time $19 - $24 an hour - Full-time Are you looking to work for a local, community Bank where the people are the difference?...

In Person

Demographic Data for Canton, IL

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


Local
National
16,156
325
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...
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...
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...

Salary for Loan Processor Jobs in Canton, IL

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

Highest Education Level

Loan Processors in Canton, IL 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 Canton, 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%