Loan Processor Jobs in Hoffman Estates, IL

1-1 of 1 Jobs

Senior Commercial Loan Operations Specialist

  • Consumers Credit Union
  • Lake Forest, IL (15 miles from Hoffman Estates, IL)
  • 6 days ago
  • Lake Forest, IL (15 miles from Hoffman Estates, IL)
  • 6 days ago

What You’ll Do: Process & prepare loan documentation for new and renewed commercial loans with precision and compliance in mind Review loan terms and details (rates, collateral, covenants, guarantees...

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Demographic Data for Hoffman Estates, IL

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

Local
National
12,812,477
319,486

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: 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...
Coggno
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...
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Salary for Loan Processor Jobs in Hoffman Estates, IL

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

Highest Education Level

Loan Processors in Hoffman Estates, IL offer the following education background
Bachelor's Degree
35.8%
High School or GED
22.6%
Associate's Degree
15.0%
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 Hoffman Estates, 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!