4 Loan Processor Jobs in Frederick, MD
Latitude is Hiring a Loan Processor Near Frederick, MD
New Job Opportunity - Loan Processor:
New job opportunity with a client based out of Frederick, MD. Looking to hire a Loan Processor with at least one year of professional work experience (Do not need to have experience processing loans - Will train).
Must be motivated and willing to learn.
We are trying to fill this role within the next 2 weeks.
Logistics of the Role:
- Full Time - Direct Hire - salary ranging from 55-60k
- On Site initially for training, then one day work from home
Day to Day Activities:
- Perform a thorough review and analysis of borrower’s credit, employment, income and assets as required by the particular loan program before submitting to underwriting.
- Assemble the complete loan package in proper order for underwriting.
- Verify all required documentation (pre-underwrite) in the file.
- Complete the required loan checklist.
- Set up loan files
Qualifications:
- High School Diploma Required, Bachelors degree is preferred
- At least a year of professional work experience
- Great Communication and Customer Service
Job Summary
Full Time
Business Services
$43k-55k (estimate)
11/22/2023
05/27/2024
latitude-group.com
SAINT PAUL, MN
50 - 100
1997
Private
MARIE MALANAPHY-SORG
$10M - $50M
Business Services
Related Companies
The job skills required for Loan Processor include Customer Service, 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.
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.
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.
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