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Loan Processor in Greensboro, 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 Greensboro, NC
38500 - 58000
25th percentile
38500
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
46000
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
58000
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 129000 158250 185750 Manager of Operations – Financial Services 88000 109250 130000 Client Service Representative 56000 81500 104000 Banking Operations Specialist 40750 61000 86000 Loan Administrator 33250 38500 46500 Mortgage Underwriter 61000 75250 98500 Mortgage Processor 32250 40500 54750 Trader/Sales Assistant 52500 64500 75250 Performance Analyst 58000 71250 87250

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