Loan Processor Jobs in Elkhart, IL

1-2 of 2 Jobs

Mortgage Processor III

  • Fifth Third Bank, N.A.
  • Springfield, IL (17 miles from Elkhart, IL)
  • 4 days ago
  • Springfield, IL (17 miles from Elkhart, IL)
  • 4 days ago

Processing all loan types which may include conventional, FHA, VA, Bond, USDA, special programs, self-employed, and complex loan types. + Evaluate loan documentation, calculate income, review assets...

In Person

Bilingual (Spanish)- Mortgage processor III

  • Fifth Third Bank, N.A.
  • Springfield, IL (17 miles from Elkhart, IL)
  • 4 days ago
  • Springfield, IL (17 miles from Elkhart, IL)
  • 4 days ago

. + Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines. + Validate automated...

In Person

Demographic Data for Elkhart, IL

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

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Loan Processor Online Courses and Training Opportunities

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Coggno
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...
Coggno
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...
Coggno
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 Elkhart, IL

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

Highest Education Level

Loan Processors in Elkhart, IL offer the following education background
Bachelor's Degree
35.8%
High School or GED
22.7%
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 Elkhart, 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!