Loan Processor Jobs in Elgin, IL

1-7 of 7 Jobs

Crystal Lake, IL (18 miles from Elgin, IL)
14 days ago

Crystal Lake, IL (18 miles from Elgin, IL)
14 days ago

Processor is responsible for providing support to the lending staff through multiple functions associated with pre-closing and post-closing due diligence activities....

Loan Processor

Vlg of Lakewd, IL (15 miles from Elgin, IL)
15 days ago

Vlg of Lakewd, IL (15 miles from Elgin, IL)
15 days ago

Processor is responsible for providing support to the lending staff through multiple functions associated with pre-closing and post-closing due diligence activities....

Senior KYC and Loan Documentation Specialist

Schaumburg, IL (7 miles from Elgin, IL)
18 days ago

Schaumburg, IL (7 miles from Elgin, IL)
18 days ago

lending and loan documentation experience Floor planning/inventory finance and/or equipment finance industry experience strongly preferred Knowledge of credit and risk management functions Prior experience...

Remote Work

Loan Processor

Crystal Lake, IL (18 miles from Elgin, IL)
19 days ago

Crystal Lake, IL (18 miles from Elgin, IL)
19 days ago

Processor is responsible for providing support to the lending staff through multiple functions associated with pre-closing and post-closing due diligence activities....

Commercial Loan Documentation Specialist

Burr Ridge, IL (24 miles from Elgin, IL)
23 days ago

Burr Ridge, IL (24 miles from Elgin, IL)
23 days ago

Equivalent years of relevant work experience may be considered in lieu of a degree. 0-2 years' experience in commercial loan documentation or commercial loan collateral review/audit role preferred....

Loan Processing Assistant

Oswego, IL (24 miles from Elgin, IL)
30+ days ago

Oswego, IL (24 miles from Elgin, IL)
30+ days ago

Qualifications High School or equivalent required, some related college courses or degree desired, along with some knowledge of mortgage lending policies, procedures, and regulations....

Loan Processing Specialist - Intermediate Level

Rosemont, IL (17 miles from Elgin, IL)
30+ days ago

Rosemont, IL (17 miles from Elgin, IL)
30+ days ago

Training/ Education/ Experience Required: 3+ years' experience in financial services Loan Booking experience; loan servicing or loan documentation experience a plus High school diploma or equivalent...

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Demographic Data for Elgin, IL

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

Median Age

Average Household Income

Home Value vs Household Income in Elgin, IL

Local

National

Total Population

123,590

Number of Businesses

2,999

City Size

Medium/Lg

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 Elgin, IL

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

Highest Education Level

Loan Processors in Elgin, IL offer the following education background

Bachelor's Degree

35.7%

High School or GED

22.9%

Associate's Degree

14.9%

Vocational Degree or Certification

11.8%

Master's Degree

11.0%

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 Elgin, 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

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

Other Career Titles

Here are some other career titles that require similar skills