Loan Processor Jobs in South Dakota
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2 Jobs
Summary: The Loan Processor supports the goals and mission of CorTrust through an active role in the lending process....
Location: Sioux Falls, SD Shift: M-F 8am to 5PM Job Schedule: Full-Time Company: First PREMIER Bank About the Role To process mortgage loans from the time of origination to underwriting and, after...
Demographic Data for South Dakota
Moving to South Dakota? Find some basic demographic data about South Dakota below.
Local
National
884,808
27,563
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: 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...
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 South Dakota
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in South Dakota 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
11.7%
Master's Degree
11.0%
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 South Dakota
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
- Federal National Morgage Association
- FHLMC
- Jumbo Loans
- Conventional Loans
- Federal Housing Administration
- Freddie Mac
- Commercial Banking
- Loan Origination
- Nationwide Mortgage Licensing System & Registry
- Fannie Mae
- Encompass
- Commercial Lending
- Mortgage Lending
- Consumer Lending
- Loan Documentation
- BSA
- Loan Servicing
- USDA
- Service Standards
- Lending
- Reconciliations
- Mortgage Processing
- Financial Services
- Underwriting
- Loan Processing
- Appraisal
- General Ledger
- Customer Retention
- File Management
- Real Estate
- Referrals
- Closing
- Retail
- Finance
- Written Communication
- High School Diploma
- Verbal Communication
- Telephone Skills
- Documentation
- Reporting
- Policy Development
- Filing
- Data Entry
- Problem Solving
- Microsoft Office
- Regulations
- Multitasking
- Microsoft Excel
- Sales
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
- Loan Review
- 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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