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Loan Processor in Manchester, NH

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 Manchester, NH
41580 - 62640
25th percentile
41580
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
49680
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
62640
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 139320 170910 200610 Manager of Operations – Financial Services 95040 117990 140400 Client Service Representative 60480 88020 112320 Banking Operations Specialist 44010 65880 92880 Loan Administrator 35910 41580 50220 Mortgage Underwriter 65880 81270 106380 Mortgage Processor 34830 43740 59130 Trader/Sales Assistant 56700 69660 81270 Performance Analyst 62640 76950 94230 Explore More Salaries

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