Loan Processor Jobs in Garrett, KY
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Loan Processor jobs in Garrett, KY edit
Demographic Data for Garrett, KY
Moving to Garrett, KY? Find some basic demographic data about Garrett, KY below.
Local
National
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12
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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: 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 Garrett, KY
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Garrett, KY 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 Garrett, KY
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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