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Loan Processor in Tampa, FL

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 Tampa, FL
39270 - 59160
25th percentile
39270
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
46920
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
59160
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 131580 161415 189465 Manager of Operations – Financial Services 89760 111435 132600 Client Service Representative 57120 83130 106080 Banking Operations Specialist 41565 62220 87720 Loan Administrator 33915 39270 47430 Mortgage Underwriter 62220 76755 100470 Mortgage Processor 32895 41310 55845 Trader/Sales Assistant 53550 65790 76755 Performance Analyst 59160 72675 88995 Explore More Salaries

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