Loan Processor Jobs in Mattoon, IL
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1 Jobs
Independently analyzes complex loan documentation in order to set up and fund loan accounts while adhering to bank standards and loan policy....
Demographic Data for Mattoon, IL
Moving to Mattoon, IL? Find some basic demographic data about Mattoon, IL below.
Local
National
20,768
587
Medium
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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: 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...
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...
Salary for Loan Processor Jobs in Mattoon, IL
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Mattoon, IL offer the following education background
Bachelor's Degree
35.6%
High School or GED
23.0%
Associate's Degree
14.8%
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 Mattoon, 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
- FHLMC
- Fannie Mae
- Calyx Point
- Freddie Mac
- Loan Documentation
- Federal Housing Administration
- Loan Origination
- Encompass
- Nationwide Mortgage Licensing System & Registry
- Consumer Lending
- Mortgage Lending
- BSA
- Commercial Banking
- Commercial Lending
- Mortgage Servicing
- USDA
- Loan Servicing
- Lending
- Mortgage Processing
- Underwriting
- Payment Processing
- Loan Processing
- Appraisal
- Financial Services
- File Management
- Real Estate
- Problem Resolution
- Sales Management
- Closing
- Finance
- Written Communication
- High School Diploma
- Retail
- Prioritizing
- Telephone Skills
- Documentation
- Filing
- Sales
- Regulations
- Multitasking
- Problem Solving
- Policy Development
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Teamwork
- Staff Supervision
- 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!
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