Loan Processor Jobs in Truro, IA
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1 Jobs
Mortgage Loan Processor (Closer/Post-Closer)
- West Des Moines, IA (20 miles from Truro, IA)
- 5 days ago
- West Des Moines, IA (20 miles from Truro, IA)
- 5 days ago
Minimum of 2 years processing experience, including Conventional, USDA and VA loans....
Demographic Data for Truro, IA
Moving to Truro, IA? Find some basic demographic data about Truro, IA below.
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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: 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 Truro, IA
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Truro, IA 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 Truro, IA
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
- 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
- Service Standards
- Lending
- Underwriting
- General Ledger
- Loan Processing
- Appraisal
- Mortgage Processing
- Payment Processing
- Financial Services
- Customer Retention
- File Management
- Real Estate
- Closing
- Finance
- Quality Control
- High School Diploma
- Written Communication
- Accounting
- Documentation
- Verbal Communication
- Reporting
- Telephone Skills
- 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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