Loan Processor Jobs in Hoffman Estates, IL

1-2 of 2 Jobs

Bilingual Mortgage Processor III- Chicago, IL or Grand Rapids, MI

  • Schiller Park, IL (20 miles from Hoffman Estates, IL)
  • 1 day ago
  • Schiller Park, IL (20 miles from Hoffman Estates, IL)
  • 1 day ago

Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....

Bilingual Mortgage Processor III- Chicago, IL & Grand Rapids, MI

  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 4 days ago
  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 4 days ago

Evaluate loan documentation, calculate income, review assets, analyze liabilities, and clear conditions per delegated authority ensuring compliance and underwriting guidelines....

Demographic Data for Hoffman Estates, IL

Moving to Hoffman Estates, IL? Find some basic demographic data about Hoffman Estates, IL below.


Local
National
12,812,477
319,486

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: 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...
Loan Processing: Compliance
Within three business days after completing and verifying the application, the lender needs to provide the applicant with a loan estimate of the anticipated closing costs. This estimate shows the...

Salary for Loan Processor Jobs in Hoffman Estates, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.

Highest Education Level

Loan Processors in Hoffman Estates, IL offer the following education background
Bachelor's Degree
35.6%
High School or GED
23.0%
Associate's Degree
14.8%
Vocational Degree or Certification
11.8%
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 Hoffman Estates, IL
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%