Loan Processor Jobs in Scarborough, ME

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Commercial Loan Processor II

  • Androscoggin Bank
  • Portland, ME (6 miles from Scarborough, ME)
  • 26 days ago
  • Portland, ME (6 miles from Scarborough, ME)
  • 26 days ago

We're seeking a highly motivated Commercial Loan Processor to join our Commercial Lending team....

In Person

Demographic Data for Scarborough, ME

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


Local
National
21,952
954
Medium

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...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
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 Scarborough, ME

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

Highest Education Level

Loan Processors in Scarborough, ME offer the following education background
Bachelor's Degree
35.8%
High School or GED
22.6%
Associate's Degree
15.0%
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 Scarborough, 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%