Loan Processor Jobs in Loves Park, IL

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Mortgage Processor/Closing Agent

  • Rockford, IL (7 miles from Loves Park, IL)
  • 6 days ago
  • Rockford, IL (7 miles from Loves Park, IL)
  • 6 days ago

In this role you will initiate, track and collect the proper documentation necessary for the mortgage loan process....

Demographic Data for Loves Park, IL

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


Local
National
23,028
766
Medium

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: 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...

Salary for Loan Processor Jobs in Loves Park, IL

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

Highest Education Level

Loan Processors in Loves Park, 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 Loves Park, 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%