A loan processor guides customers through the process of applying for and receiving a loan. A typical day for a loan processor involves reviewing customer applications, filing credit reports, and if qualifications are satisfied the loan request is sent to a committee for further review.
Skillset: Loan processors must have strong oral and written communication skills and excellent knowledge of finance. They must also be proficient with computers and able to work in a team oriented environment. Several years of experience in finance may also be beneficial.
Education: Employers look for a loan processor to possess an associate’s or bachelor’s degree in business or finance. Some industries may require extra certifications and special training. Advanced computer and math courses are also highly recommended.
Career Path: In order for a loan processor to be successful in their field they must have excellent communication and management skills. You must pursue an associate’s or bachelor’s degree in business or finance. Apply for internships to gain experience and build up a resume.
As a Senior Loan Processing Specialist with a decade of experience in the loan processing industry, the candidate will be responsible for a range...
Job Description: At Community West Bank, we put deposits to work locally, making loans to businesses, families and non-profit organizations...
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