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Loan Processor in Charlotte, NC

Loan Processor Job Description

Companies look for loan processors with one to three years of related experience and a high school diploma or the equivalent. Strong communication and collaboration skills are preferred.

Typical loan processor duties:

Processing loan applicationsExplaining loan and disclosure terms to clientsEnsuring that all loan conditions are met before a loan is fundedVerifying that regulatory and/or loan disclosures have been sent to clientsKeeping the processing system up-to-dateCoordinating funding with settlement agents and clientsProviding updates to clients with loans in process

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Salary for Loan Processor in Charlotte, NC
39078 - 58870
25th percentile
39078
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
46690
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
58870
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Director of Operations – Financial Services 130935 160624 188536 Manager of Operations – Financial Services 89320 110889 131950 Client Service Representative 56840 82723 105560 Banking Operations Specialist 41361 61915 87290 Loan Administrator 33749 39078 47198 Mortgage Underwriter 61915 76379 99978 Mortgage Processor 32734 41108 55571 Trader/Sales Assistant 53288 65468 76379 Performance Analyst 58870 72319 88559

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