Consumer Loan Processor jobs in Springfield, IL

Consumer Loan Processor performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Being a Consumer Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Consumer Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Consumer Loan Processor works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

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Loan Processor
  • Town & Country Bank Midwest
  • Quincy, IL FULL_TIME
  • Job Overview:
    We are seeking a detail-oriented and experienced Loan Processor to join our team. As a Loan Processor, you will be responsible for reviewing and verifying loan applications, ensuring compliance with financial regulations, and facilitating the loan approval process. Your strong attention to detail and knowledge of financial services will be crucial in ensuring accurate and efficient loan processing.

    Duties:
    - Review loan applications for completeness and accuracy
    - Verify borrower information, employment history, credit reports, and financial documents
    - Ensure compliance with Fair Housing regulations, TILA, FNMA guidelines, and other relevant regulations
    - Communicate with loan officers, underwriters, and borrowers to gather any additional required documentation
    - Prepare loan files for underwriting review
    - Coordinate with escrow companies to ensure timely closing of loans
    - Maintain accurate records of all loan transactions
    - Provide excellent customer service to borrowers throughout the loan process

    Experience:
    - Previous experience as a Loan Processor or in a similar role within the banking or financial services industry
    - Strong knowledge of loan processing procedures and requirements
    - Familiarity with escrow processes and documentation
    - Proficiency in using 10-key typing for data entry
    - Excellent mathematical skills for calculating loan figures and interest rates

    Benefits:
    - Competitive salary based on experience
    - Health insurance coverage
    - Retirement savings plan options
    - Paid time off and holidays

    If you have the necessary skills and experience to excel as a Loan Processor, we would love to hear from you.

    Town & Country Bank Midwest is an equal opportunity employer and supports diversity in the workplace. Qualified applications will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Our HR department will reach out to the applicants who meet the qualifications and are most closely aligned with requirements of the position.

    Job Type: Full-time

    Pay: $17.00 - $19.00 per hour

    Expected hours: 40 per week

    Benefits:

    • 401(k)
    • 401(k) matching
    • Dental insurance
    • Health insurance
    • Paid time off

    Schedule:

    • 8 hour shift

    Experience:

    • Customer service: 1 year (Preferred)

    Ability to Relocate:

    • Quincy, IL 62301: Relocate before starting work (Required)

    Work Location: In person

  • 25 Days Ago

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Consumer Loan Manager
  • Staley Credit Union
  • Decatur, IL FULL_TIME
  • CONSUMER LOAN MANAGER – DECATUR, IL (Woodford Street)This is a mid-level management position, which has upward mobility potential based on performance and personal interests. Staley Credit Union is a ...
  • 29 Days Ago

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Mortgage Loan Processor
  • Marine Bank
  • Springfield, IL FULL_TIME
  • Job Description: The Mortgage Loan Processor will assist in everyday loan processing duties, including but not limited to: Providing administrative assistance to the residential Loan Officer and staff...
  • Just Posted

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Manager Trainee - Springfield IL
  • Tower Loan
  • Springfield, IL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 1 Month Ago

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Machine operator
  • Reynolds Consumer Products Inc.
  • Jacksonville, IL FULL_TIME
  • Benefits Pulled from the full job description 401(k) Adoption assistance Dental insurance Health insurance Life insurance Paid parental leave Paid time off Parental leave Referral program Tuition reim...
  • 15 Days Ago

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Production scheduler
  • Reynolds Consumer Products
  • Jacksonville, IL FULL_TIME
  • Job Description Join Reynolds Consumer Products and Drive Your Career across a world of opportunities! We provide amazing job opportunities for growth with competitive salaries and benefits in an exci...
  • 15 Days Ago

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0 Consumer Loan Processor jobs found in Springfield, IL area

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Senior Loan Officer
  • Staley Credit Union
  • Decatur, IL
  • Job Description Job Description SENIOR LOAN OFFICER – DECATUR, IL (Woodford Street) This is an Executive-Track position,...
  • 4/23/2024 12:00:00 AM

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Clinician II - CCRP
  • Taylorville Memorial Hospital
  • Springfield, IL
  • Overview Provides screening and assessment, consistent engagement, court system coordination, individual and group thera...
  • 4/23/2024 12:00:00 AM

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Hospice Chaplain - PRN
  • Enhabit Inc.
  • Springfield, IL
  • Overview Are you in search of a new career opportunity that makes a meaningful impact? If so, now is the time to find yo...
  • 4/23/2024 12:00:00 AM

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Teller Retail Banker
  • Woodforest National Bank
  • Decatur, IL
  • Take the next step toward your new career today!Become a part of the diverse and inclusive team within our nationally re...
  • 4/22/2024 12:00:00 AM

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CAPITAL PROJECT MANAGER II
  • Archer Daniels Midland
  • Decatur, IL
  • Job DescriptionCapital Project Manager II - Decatur, ILThis is a full-time, exempt position.Position Summary: This is an...
  • 4/22/2024 12:00:00 AM

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Teller
  • Heartland Credit Union IL
  • Springfield, IL
  • Heartland Credit Union is seeking a highly motivated and positive individual with a propensity to serve others to fill t...
  • 4/19/2024 12:00:00 AM

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Trader Ethanol
  • Archer Daniels Midland
  • Decatur, IL
  • Job Description Trader, Ethanol - Decatur, IL ADM, North American Energy & Biofuels This is a full-time, exempt position...
  • 4/19/2024 12:00:00 AM

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Asset Protection Supervisor - Store
  • Meijer
  • Springfield, IL
  • As a family company, we serve people and communities. When you work at Meijer, you’re provided with career and community...
  • 3/29/2024 12:00:00 AM

Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County. The city's population of 116,250 as of the 2010 U.S. Census makes it the state's sixth most populous city. It is the largest city in central Illinois. As of 2013, the city's population was estimated to have increased to 117,006, with just over 211,700 residents living in the Springfield Metropolitan Statistical Area, which includes Sangamon County and the adjacent Menard County. Present-day Springfield was settled by European Americans in the late 1810s, around the time Illinois became a state. The...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Processor jobs
$41,060 to $52,831
Springfield, Illinois area prices
were up 1.3% from a year ago

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For individuals that are considering a career as a consumer loan processor, the first thing to do would be to look at a consumer loan processor job description.
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Our consumer loan application will be unavailable this evening for scheduled maintenance.
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