Loan Processor Jobs in Rochester, IL

1-4 of 4 Jobs

Loan Documentation Specialist (Opener) - Residential

  • Springfield, IL (9 miles from Rochester, IL)
  • 2 days ago
  • Springfield, IL (9 miles from Rochester, IL)
  • 2 days ago

Qualifications: Bachelor's degree or comparable work experience required. 1-2 years of experience in mortgage lending, banking, or loan documentation preferred....

Loan Documentation Specialist (Commercial)

  • Springfield, IL (9 miles from Rochester, IL)
  • 8 days ago
  • Springfield, IL (9 miles from Rochester, IL)
  • 8 days ago

Essential Duties and Responsibilities: Prepare files for commercial and consumer loans Review and understand title commitments Understand legal entities and their requirements for loans Understand...

FISERV Loan Operations Specialist

  • Springfield, IL (9 miles from Rochester, IL)
  • 30+ days ago
  • Springfield, IL (9 miles from Rochester, IL)
  • 30+ days ago

Qualifications: 5+ years of experience in commercial loan operations, loan servicing, or loan documentation....

Loan Processor, Wholesale, Submission

  • Springfield, IL (9 miles from Rochester, IL)
  • 30+ days ago
  • Springfield, IL (9 miles from Rochester, IL)
  • 30+ days ago

** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....

Demographic Data for Rochester, IL

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


Local
National
6,062
104
Medium/Sm

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: 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...
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 Rochester, IL

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

Highest Education Level

Loan Processors in Rochester, 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 Rochester, 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%