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Loan Processor in Irvine, CA

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 Irvine, CA
46970 - 70760
25th percentile
46970
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
56120
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
70760
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 157380 193065 226615 Manager of Operations – Financial Services 107360 133285 158600 Client Service Representative 68320 99430 126880 Banking Operations Specialist 49715 74420 104920 Loan Administrator 40565 46970 56730 Mortgage Underwriter 74420 91805 120170 Mortgage Processor 39345 49410 66795 Trader/Sales Assistant 64050 78690 91805 Performance Analyst 70760 86925 106445 Explore More Salaries

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