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2 Loan Processor Jobs in Schaumburg, IL

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DHI Mortgage
Schaumburg, IL | Full Time
$39k-49k (estimate)
4 Months Ago
CREATIVE LENDING SOLUTIONS CORP
Schaumburg, IL | Full Time
$48k-64k (estimate)
2 Weeks Ago
Loan Processor
$48k-64k (estimate)
Full Time 2 Weeks Ago
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CREATIVE LENDING SOLUTIONS CORP is Hiring a Loan Processor Near Schaumburg, IL

Essential Functions:

  • Assembles and Logs file documents submitted by Loan originators and store and organize digitally.
  • Assist loan officer in obtaining Title, Insurance, Tax Returns, PFS, and misc paperwork.
  • Upload documents and information into appropriate software programs.
  • May assist with receptionist duties and cover telephone calls
  • Assist with managing office supplies and office equipment
  • Maintains a professional image and adheres to standards consistent with company policies and procedures.
  • Other duties as assigned.

Job Requirements

  • Minimum of 1 year processing experience.
  • Excellent written and verbal communication skills.
  • Excellent organizational and time management skills.
  • Demonstrated ability to interact effectively with clients and other lenders and underwriters.
  • Must be able to work all regular scheduled hours.

There will be flexibility in work schedule and paid lunch is provided.

Job Type: Full-time

Pay: $30,000.00 - $35,000.00 per year

Ability to Relocate:

  • Schaumburg, IL: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$48k-64k (estimate)

POST DATE

05/01/2024

EXPIRATION DATE

05/14/2024

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The job skills required for Loan Processor include Time Management, Verbal Communication, Flexibility, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Processor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Processor. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Loan Processor positions, which can be used as a reference in future career path planning. As a Loan Processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Processor. You can explore the career advancement for a Loan Processor below and select your interested title to get hiring information.

DHI Mortgage
Full Time
$39k-49k (estimate)
4 Months Ago

If you are interested in becoming a Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Processor for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Loan Processor job description and responsibilities

A loan processor reviews loan applications before sending them to the underwriter for approval.

01/11/2022: Springfield, IL

A loan processor will constantly work with computers and other electronic devices.

02/23/2022: Harlingen, TX

Loan officers evaluate, authorize, or recommend approval of loan applications.

01/09/2022: Orange, CA

Loan processors have to request additional documentation that may not be readily available for an applicant, like bank statements from several months ago or past years’ tax documents.

01/08/2022: Memphis, TN

Not only do loan processors collect and organize all of the loan documents, but they also order and organize various third-party requirements.

03/12/2022: Grand Forks, ND

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Loan Processor jobs

Analyze applicant's financial status, credit, and property evaluation to determine the feasibility of granting the loan.

03/14/2022: Burlington, VT

Analyze potential loan markets to develop prospects for future loans.

01/23/2022: Cincinnati, OH

Approve the loan within specified time limits.

03/06/2022: Helena, MT

Communicate With Current and Potential Customers.

03/07/2022: Pensacola, FL

The most common types of unsecured loan are credit cards, student loans, and personal loans.

02/27/2022: Reading, PA

Step 3: View the best colleges and universities for Loan Processor.

Florida Southern College
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University of Notre Dame
Western Washington University
Canisius College
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