Loan Processor Jobs in Shannon, IL

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Commercial Loan Documentation Specialist

  • Northwest Bank of Rockford
  • Freeport, IL (12 miles from Shannon, IL)
  • 90+ days ago
  • Freeport, IL (12 miles from Shannon, IL)
  • 90+ days ago

Proficient in understanding the commercial loan documentation forms, content and processes. Advanced knowledge of policies, procedures and regulations....

In Person

Demographic Data for Shannon, IL

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

Local
National
1,388
39
Small

Loan Processor Online Courses and Training Opportunities

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Coggno
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...
Coggno
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...
Coggno
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...
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Salary for Loan Processor Jobs in Shannon, IL

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

Highest Education Level

Loan Processors in Shannon, IL offer the following education background
Bachelor's Degree
35.8%
High School or GED
22.7%
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 Shannon, 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

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!