Loan Processor Jobs in Reno, NV
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Summary of Duties: Liaison between Mortgage Loan Originators (MLO), Borrower(s), and Operations regarding loan applications. Responsible for the processing of loan packages from initial submission...
In PersonMust possess a mastery of the loan process and loan documentation LANGUAGE SKILLS Ability to read and comprehend instructions, correspondence and memos. Ability to write correspondence....
In PersonDemographic Data for Reno, NV
Moving to Reno, NV? Find some basic demographic data about Reno, NV 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: 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...
Salary for Loan Processor Jobs in Reno, NV
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Reno, NV 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 Reno, NV
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
- Loan Origination
- Nationwide Mortgage Licensing System & Registry
- Federal National Morgage Association
- FHLMC
- Freddie Mac
- Mortgage Lending
- Loan Documentation
- Consumer Lending
- Federal Housing Administration
- Commercial Lending
- Fannie Mae
- BSA
- Loan Servicing
- Encompass
- Anti-Money Laundering
- Underwriting
- General Ledger
- Lending
- Appraisal
- Mortgage Processing
- Fraud Investigation
- Loan Processing
- Real Estate
- File Management
- Analytical Skills
- Closing
- Retail
- High School Diploma
- Written Communication
- Math
- Finance
- Documentation
- Accounting
- Data Entry
- Collaboration
- Policy Development
- Multitasking
- Filing
- Sales
- Computer Skills
- Microsoft Word
- Regulations
- Microsoft Office
- Staff Supervision
- Microsoft Excel
- Customer Service
- Problem Solving
- 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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