Loan Processor Jobs in Hoffman, MN
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Loan Processor jobs in Hoffman, MN edit
Demographic Data for Hoffman, MN
Moving to Hoffman, MN? Find some basic demographic data about Hoffman, MN 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: 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 Hoffman, MN
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Hoffman, MN offer the following education background
Bachelor's Degree
35.8%
High School or GED
22.8%
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 Hoffman, MN
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
- Loan Review
- Jumbo Loans
- Conventional Loans
- Commercial Banking
- Loan Origination
- Federal National Morgage Association
- Encompass
- Freddie Mac
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- Fannie Mae
- FHLMC
- Mortgage Lending
- BSA
- Consumer Lending
- Federal Housing Administration
- Commercial Lending
- Loan Servicing
- OFAC
- Mortgage Underwriting
- Lending
- Underwriting
- General Ledger
- Loan Processing
- Appraisal
- Mortgage Processing
- Payment Processing
- Financial Services
- File Management
- Real Estate
- Closing
- Finance
- Quality Control
- High School Diploma
- Written Communication
- Accounting
- Documentation
- Verbal Communication
- Reporting
- Telephone Skills
- Data Entry
- Policy Development
- Regulations
- Filing
- Multitasking
- Time Management
- Microsoft Office
- Microsoft Excel
- Sales
- Computer Skills
- Staff Supervision
- Organization
- Customer Service
- Problem Solving
- Scheduling
- Leadership
- Communication Skills
- 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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