Loan Processor Jobs in Merna, IL
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2 Jobs
Commercial Loan Support Specialist I
- Bloomington, IL (8 miles from Merna, IL)
- 6 hours ago
- Bloomington, IL (8 miles from Merna, IL)
- 6 hours ago
Less than 1 year loan documentation preparation preferred or equivalent combination of education and experience....
- Normal, IL (4 miles from Merna, IL)
- 6 days ago
- Normal, IL (4 miles from Merna, IL)
- 6 days ago
The Extra Help Loan Processor will provide support to the Loan Processing and Employment area....
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: 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...
Salary for Loan Processor Jobs in Merna, IL
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Merna, 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 Merna, 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
- Loan Review
- Jumbo Loans
- Conventional Loans
- Commercial Banking
- Loan Origination
- Federal National Morgage Association
- Encompass
- Mortgage Servicing
- Freddie Mac
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- Fannie Mae
- FHLMC
- Mortgage Lending
- BSA
- Consumer Lending
- Federal Housing Administration
- Commercial Lending
- Loan Servicing
- OFAC
- Mortgage Underwriting
- Lending
- Underwriting
- General Ledger
- Loan Processing
- Appraisal
- Mortgage Processing
- Payment Processing
- File Management
- Real Estate
- Closing
- Finance
- Quality Control
- High School Diploma
- Written Communication
- Auditing
- Accounting
- Documentation
- Verbal Communication
- Reporting
- Telephone Skills
- Data Entry
- Policy Development
- Regulations
- Filing
- Multitasking
- Time Management
- Microsoft Office
- Microsoft Excel
- Sales
- Computer Skills
- Staff Supervision
- Organization
- Customer Service
- Problem Solving
- Scheduling
- Leadership
- Communication Skills
- USDA
- 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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