Loan Processor Jobs in Newbury, MA

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Senior Loan Processor

  • Cambridge Savings Bank
  • Woburn, MA (24 miles from Newbury, MA)
  • 13 days ago
  • Woburn, MA (24 miles from Newbury, MA)
  • 13 days ago

a candidate with:Knowledge of loan processing policies and proceduresKnowledge of investor guidelines and conventional loans preferredMinimum of 3 years mortgage processing experienceMust have excellent...

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Demographic Data for Newbury, MA

Moving to Newbury, MA? Find some basic demographic data about Newbury, MA below.


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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...
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...
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...

Salary for Loan Processor Jobs in Newbury, MA

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

Highest Education Level

Loan Processors in Newbury, MA 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 Newbury, MA
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%