Loan Processor Jobs in Farmington, ME

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Commercial Loan Processor

  • Skowhegan Savings Bank
  • Skowhegan, ME (24 miles from Farmington, ME)
  • 9 days ago
  • Skowhegan, ME (24 miles from Farmington, ME)
  • 9 days ago

Commercial Loan Processor 3.6 3.6 out of 5 stars Description: Skowhegan Savings Bank seeks an individual to join our Loan Processing team as a Commercial Loan Processor....

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Demographic Data for Farmington, ME

Moving to Farmington, ME? Find some basic demographic data about Farmington, ME below.


Local
National
9,592
311
Medium/Sm

Loan Processor Online Courses and Training Opportunities

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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
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: 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 Farmington, ME

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

Highest Education Level

Loan Processors in Farmington, ME 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 Farmington, ME
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%