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What else can I help you with?
Can a loan processor approve a home loan?
No. A loan processor gathers the documents and information needed so that an underwriter can approve (or disapprove) a loan. In general, the loan processor does know what is needed by the underwriter.
What is the difference between a loan officer and a loan processor?
A loan officer is the initial point of contact to start a loan. They will gather all the information from the borrower and discuss various loan programs offered. The loan processor takes all the information and verifies through documentation in order for the loan to go be passed off to an underwriter who will make the decision to approve or deny the loan.
How do you get a job in as a mortgage loan processor with no experience?
Your best bet is to go through a temp agency. Your best bet is to go through a temp agency.
What is the salary of a loan processor?
Around $32,000 annually depending on your experience and location
Where could I attend training to become a loan officer in Houston?
The loan company that you will be working for will be able to provide the training. This is often a mix of both classroom as well as web based training.
Do you have to go to college for a loan processor?
no
Can a loan processor approve a home loan?
No. A loan processor gathers the documents and information needed so that an underwriter can approve (or disapprove) a loan. In general, the loan processor does know what is needed by the underwriter.
What is the difference between a loan officer and a loan processor?
A loan officer is the initial point of contact to start a loan. They will gather all the information from the borrower and discuss various loan programs offered. The loan processor takes all the information and verifies through documentation in order for the loan to go be passed off to an underwriter who will make the decision to approve or deny the loan.
Where can one find loan processor training courses online?
There's an entire site dedicated to the education of Loan Processors. Take a look at www.loanprocessortraining.org/ My best friend recently finished one of their courses, and he swears by it! :)
Where can someone find a loan processor?
A loan processor is a person who monitors the administrative work behind loan applications. Typically, loan processors specialize in handling certain types of loans, such as mortgages or car loans.
How do you get a job in as a mortgage loan processor with no experience?
Your best bet is to go through a temp agency. Your best bet is to go through a temp agency.
What is the salary of a loan processor?
Around $32,000 annually depending on your experience and location
Where could I attend training to become a loan officer in Houston?
The loan company that you will be working for will be able to provide the training. This is often a mix of both classroom as well as web based training.
What loan officer training programs are in Vermont?
The Mortgage Training Center offers Vermont loan officer classes and Vermont mortgage sales training products and services, including in-person and online ..
How do I become a loan officer?
You can get training to become a loan officer at your local college. It is a very sought after career.
How much does a loan processor make in state of ma?
my sources tell me between 5 and 40 dollars
What is the average cost of CDL Training and can I get a student loan for it?
Most program costs are anywhere between $4000 and $5000. Parts of the new stimulus plan allow for loans for vocational training such as this. However, it is usually in the form of a tax break. You can contact your CDL Training school to inquire about loans they provide as a result of the Stimulus Plan. All paperwork for a federal loan for vocational training would need to go through the respective school.
