Loan Processor Jobs in London, ON
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                Loan Processor jobs in London, ON    edit
                
            
        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: 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 London, ON
                    
                        Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
                    
                
            Licensing / Certification
        Required or preferred licenses and certifications for Loan Processor positions.
Highest Education Level
Loan Processors in London, ON offer the following education background
                    
                    Bachelor's Degree
                
                
                    35.7%
                
            
                    
                    High School or GED
                
                
                    22.8%
                
            
                    
                    Associate's Degree
                
                
                    14.9%
                
            
                    
                    Vocational Degree or Certification
                
                
                    11.8%
                
            
                    
                    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 London, ON
    
                    
                    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
- Conventional Loans
- Jumbo Loans
- Loan Origination
- Federal National Morgage Association
- Mortgage Servicing
- Freddie Mac
- Loan Documentation
- Encompass
- FHLMC
- Fannie Mae
- Mortgage Lending
- Consumer Lending
- BSA
- Federal Housing Administration
- Commercial Lending
- Loan Servicing
- OFAC
- Mortgage Underwriting
- Lending
- Underwriting
- General Ledger
- Anti-Money Laundering
- Appraisal
- Loan Processing
- Financial Services
- Mortgage Processing
- Due Diligence
- File Management
- Real Estate
- Closing
- Finance
- High School Diploma
- Analytical Skills
- Written Communication
- Accounting
- Documentation
- Verbal Communication
- Telephone Skills
- Reporting
- Data Entry
- Policy Development
- Filing
- Research Skills
- Multitasking
- Time Management
- Regulations
- Microsoft Office
- Computer Skills
- Staff Supervision
- Microsoft Excel
- 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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