Loan Processor Jobs in Madison, WI
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2 Jobs
Three or more years Loan Processing work experience required. Encompass/Empower experience preferred....
RemoteJoin the growing team at First Business Bank as a Loan Processor - Hybrid! At the heart of First Business Bank, we believe success comes down to putting people first....
HybridDemographic Data for Madison, WI
Moving to Madison, WI? Find some basic demographic data about Madison, WI below.
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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: Verification
The second step of loan processing is verification. After the loan application is completed, it's turned over to the loan processor. They obtain the necessary information from the applicant and...
Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...
Salary for Loan Processor Jobs in Madison, WI
Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHire research efforts.
Highest Education Level
Loan Processors in Madison, WI offer the following education background
Bachelor's Degree
35.8%
High School or GED
22.8%
Associate's Degree
14.9%
Vocational Degree or Certification
11.7%
Master's Degree
11.1%
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 Madison, WI
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%
Qualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Jumbo Loans
- Loan Origination
- Federal National Morgage Association
- FHLMC
- Mortgage Servicing
- Freddie Mac
- Loan Documentation
- Consumer Lending
- Wire Transfers
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Commercial Lending
- Fannie Mae
- Mortgage Lending
- BSA
- Encompass
- Loan Servicing
- Underwriting
- Lending
- Appraisal
- General Ledger
- Loan Processing
- Financial Services
- Mortgage Processing
- Goal Oriented
- Real Estate
- File Management
- Problem Resolution
- Closing
- Retail
- Analytical Skills
- Finance
- High School Diploma
- Written Communication
- Collaboration
- Documentation
- Accounting
- Data Entry
- Policy Development
- Multitasking
- Filing
- Regulations
- Sales
- Microsoft Office
- Time Management
- Computer Skills
- Microsoft Excel
- Customer Service
- Problem Solving
- Scheduling
- Leadership
- Communication Skills
- Conventional Loans
- USDA
- VA Loans
- Tila Respa Integrated Disclosures
In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!
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