1 Loan Processor Job in Cincinnati, OH
The Sheil Lending Team is Hiring a Loan Processor Near Cincinnati, OH
$22 - $26 hourly
Responsibilities:- Determine the best loan option for the borrower through interviewing and discussion
- Assemble and submit loan packages to the lender underwriters for approval or denial
- Document the loan process from origination to approval through our system
- Act as a liaison between applicants, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to help further loan approval
- Assure that loan files meet banking and regulatory guidelines and policies
- High school diploma or GED required - Associate’s degree in accounting, finance, or business preferred
- FHA, FHLB, FNMA, or VA loan product knowledge and mortgage lending experience required
- Superb analytical skills, time management skills, and attention to detail
- Must possess excellent written and verbal communication skills
- 2 years minimum experience in loan processing required
We have a great team looking for the right addition. We are a highly driven loan team serving the real estate community. Fairway Independent Mortgage is a great company to work with.
Job Summary
Full Time
$42k-54k (estimate)
05/10/2024
07/09/2024
The job skills required for Loan Processor include Mortgage Loans, Loan Processing, Time Management, Verbal Communication, Attention to Detail, Mortgage Lending, 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.
Similar Jobs
Popular Articles
