Loan Processor Jobs in Lanark, IL
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Loan Processor jobs in Lanark, IL edit
Demographic Data for Lanark, IL
Moving to Lanark, IL? Find some basic demographic data about Lanark, IL below.
Local
National
2,998
79
Small
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 Lanark, IL
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Lanark, 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 Lanark, 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
- Federal National Morgage Association
- Jumbo Loans
- Conventional Loans
- Fannie Mae
- FHLMC
- Freddie Mac
- Mortgage Lending
- BSA
- Federal Housing Administration
- Loan Origination
- Commercial Banking
- Commercial Lending
- Nationwide Mortgage Licensing System & Registry
- Encompass
- Loan Documentation
- Consumer Lending
- Wire Transfers
- USDA
- Loan Servicing
- Lending
- Underwriting
- Mortgage Processing
- Loan Processing
- Financial Services
- Appraisal
- General Ledger
- File Management
- Real Estate
- Sales Management
- Closing
- Finance
- Retail
- Written Communication
- High School Diploma
- Telephone Skills
- Reporting
- Documentation
- Filing
- Regulations
- Problem Solving
- Microsoft Office
- Policy Development
- Sales
- Multitasking
- Microsoft Excel
- Time Management
- Microsoft Word
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
- 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!
Other Career Titles
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