Loan Processor Jobs in Salem, MA
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2 Jobs
Loan Processor Team Lead at Salem Five Cent Savings Bank Loan Processor Team Lead at Salem Five Cent Savings Bank in Salem, Massachusetts Posted in 1 day ago....
In Person- Hingham Institution for Savings
- Hingham, MA (23 miles from Salem, MA)
- 30+ days ago
- Hingham, MA (23 miles from Salem, MA)
- 30+ days ago
For talented commercial real estate lenders, we offer a stable platform for long-term career growth....
In PersonDemographic Data for Salem, MA
Moving to Salem, MA? Find some basic demographic data about Salem, MA below.
Local
National
44,451
1,142
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...
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...
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 Salem, MA
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Salem, 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 Salem, 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%
Qualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Jumbo Loans
- Federal National Morgage Association
- Loan Origination
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Loan Review
- Freddie Mac
- Loan Documentation
- Consumer Lending
- Wire Transfers
- Federal Housing Administration
- Commercial Lending
- Fannie Mae
- Mortgage Lending
- BSA
- Encompass
- Loan Servicing
- Underwriting
- Lending
- Appraisal
- General Ledger
- Mortgage Processing
- Payment Processing
- Loan Processing
- Financial Services
- Real Estate
- File Management
- Problem Resolution
- Closing
- Analytical Skills
- High School Diploma
- Finance
- Written Communication
- Math
- Collaboration
- Documentation
- Accounting
- Data Entry
- Policy Development
- Multitasking
- Filing
- Regulations
- Sales
- Computer Skills
- Microsoft Office
- Time Management
- Microsoft Excel
- Customer Service
- Problem Solving
- Scheduling
- Leadership
- Communication Skills
- Conventional Loans
- Calyx Point
- USDA
- 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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