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Loan Processor in San Antonio, TX

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 San Antonio, TX
38885 - 58580
25th percentile
38885
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
46460
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
58580
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 130290 159833 187608 Manager of Operations – Financial Services 88880 110343 131300 Client Service Representative 56560 82315 105040 Banking Operations Specialist 41158 61610 86860 Loan Administrator 33583 38885 46965 Mortgage Underwriter 61610 76003 99485 Mortgage Processor 32573 40905 55298 Trader/Sales Assistant 53025 65145 76003 Performance Analyst 58580 71963 88123 Explore More Salaries

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