Loan Processor Jobs in Scotts, MI
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2 Jobs
- Consumers Credit Union
- Kalamazoo, MI (8 miles from Scotts, MI)
- 3 days ago
- Kalamazoo, MI (8 miles from Scotts, MI)
- 3 days ago
Mortgage Processor The Consumers Credit Union team is looking to hire a passionate Mortgage Processor to join our team. In this role, you will you will be responsible for coordinating the loan...
In Person- Kellogg Community Federal Credit Union
- Battle Creek, MI (18 miles from Scotts, MI)
- 9 days ago
- Battle Creek, MI (18 miles from Scotts, MI)
- 9 days ago
Responsibilities: Home Equity Loan processing Ordering and reviewing title work and appraisals Escrow set up and calculation Flood requirements Basic understanding of mortgage supporting documentation...
In PersonDemographic Data for Scotts, MI
Moving to Scotts, MI? Find some basic demographic data about Scotts, MI below.
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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: 03. Compliance
Within three business days after completing and verifying the application, the lender needs to provide the applicant with a loan estimate of the anticipated closing costs. This estimate shows the...
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,...
Salary for Loan Processor Jobs in Scotts, MI
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Scotts, MI 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 Scotts, MI
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
- Mortgage Lending
- Commercial Banking
- Loan Origination
- Nationwide Mortgage Licensing System & Registry
- Federal National Morgage Association
- FHLMC
- Fannie Mae
- Freddie Mac
- Consumer Lending
- Federal Housing Administration
- Commercial Lending
- Loan Documentation
- BSA
- Loan Servicing
- OFAC
- Encompass
- Underwriting
- General Ledger
- Lending
- Mortgage Processing
- Appraisal
- Loan Processing
- Real Estate
- File Management
- Analytical Skills
- Closing
- Retail
- Written Communication
- High School Diploma
- Finance
- Accounting
- Reporting
- Documentation
- Verbal Communication
- Data Entry
- Policy Development
- Filing
- Sales
- Multitasking
- Computer Skills
- Regulations
- Problem Solving
- Microsoft Office
- Staff Supervision
- Microsoft Excel
- Customer Service
- Scheduling
- Time Management
- Communication Skills
- Conventional Loans
- USDA
- 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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