Loan Processor Jobs in Moline, IL
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Job Type Full-time Description we are vibrant. Vibrant is a fast-paced, forward-thinking company that is challenging the status quo in the traditional world of credit unions. Our goal? To empower...
Demographic Data for Moline, IL
Moving to Moline, IL? Find some basic demographic data about Moline, IL below.
Local
National
44,342
1,254
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: 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...
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 Moline, IL
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Moline, 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 Moline, 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
- Fannie Mae
- Freddie Mac
- Mortgage Lending
- Loan Origination
- BSA
- Federal Housing Administration
- Commercial Banking
- Commercial Lending
- Nationwide Mortgage Licensing System & Registry
- Encompass
- Loan Documentation
- Consumer Lending
- Account Maintenance
- Wire Transfers
- Mortgage Servicing
- USDA
- Loan Servicing
- Internal Control
- Lending
- Underwriting
- Mortgage Processing
- Loan Processing
- Financial Services
- Appraisal
- General Ledger
- File Management
- Real Estate
- Sales Management
- Referrals
- Closing
- Finance
- General Office Duties
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Accounting
- Telephone Skills
- Documentation
- Filing
- Reporting
- Regulations
- Sales
- Problem Solving
- Microsoft Office
- Policy Development
- 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!
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