Loan Processor Resume Example

Common Responsibilities Listed on Loan Processor Resumes:

  • Review loan applications for accuracy and completeness
  • Verify borrower's income, assets, and credit history
  • Order and review appraisals, title reports, and other documents
  • Calculate borrower's debt-to-income ratio
  • Submit loan applications to underwriting for approval
  • Respond to underwriting requests for additional information
  • Prepare loan closing documents
  • Monitor loan status and ensure timely closing
  • Maintain loan files and records
  • Communicate with borrowers, lenders, and other parties throughout the loan process
  • Resolve discrepancies and problems that arise during the loan process
  • Assist with post-closing activities, such as loan funding and loan servicing


Speed up your resume creation process with the AI-Powered Resume Builder. Generate tailored achievements in seconds for every role you apply to.

Try It Now, Free

Loan Processor Resume Example:

A strong Loan Processor resume should emphasize efficiency, accuracy, and collaboration. Highlight your ability to process a high volume of loans with a high accuracy rate, as well as your experience in working with underwriters, loan officers, and other parties to resolve issues and improve processes. Additionally, showcase any successful implementation of new systems or tools that have resulted in increased productivity and customer satisfaction.
Jefferson Beauregard
(676) 787-8989
Loan Processor
Detail-oriented Loan Processor with 1 year of experience in processing an average of 25 loans per month with a 95% accuracy rate. Collaborated with underwriters and loan officers to resolve discrepancies and issues, resulting in a 15% increase in loan approvals and a 20% decrease in loan denials. Implemented a new loan tracking system, resulting in a 25% increase in loan status visibility and a 30% decrease in communication errors.
Loan Processor
09/2022 – Present
Lendwise Solutions.
  • Processed an average of 25 loans per month with a 95% accuracy rate, resulting in a 10% increase in loan volume and a 5% decrease in processing time.
  • Collaborated with underwriters and loan officers to resolve discrepancies and issues, resulting in a 15% increase in loan approvals and a 20% decrease in loan denials.
  • Implemented a new loan tracking system, resulting in a 25% increase in loan status visibility and a 30% decrease in communication errors.
Loan Officer
03/2022 – 09/2022
Mortgage Masters Inc.
  • Managed a loan portfolio of $10M, ensuring timely loan closings and maintaining a 98% customer satisfaction rate.
  • Developed and implemented a loan processing checklist, resulting in a 20% increase in loan processing efficiency and a 15% decrease in processing errors.
  • Collaborated with loan officers to identify and implement process improvements, resulting in a 10% increase in loan officer productivity and a 5% decrease in loan processing time.
Junior Loan Processor
01/2022 – 03/2022
Capital Funding Group.
  • Reviewed and processed an average of 50 loan applications per month, resulting in a 90% loan approval rate and a 5% increase in loan volume.
  • Developed and maintained positive relationships with borrowers, lenders, and other parties, resulting in a 15% increase in customer satisfaction and a 10% increase in referral business.
  • Identified and resolved loan processing issues, resulting in a 20% decrease in loan processing time and a 10% increase in loan officer productivity.
  • Loan processing
  • Attention to detail
  • Time management
  • Customer service
  • Communication
  • Problem-solving
  • Collaboration
  • Organization
  • Analytical thinking
  • Risk assessment
  • Regulatory compliance
  • Loan documentation
  • Relationship building
  • Process improvement
  • Loan management software proficiency
Certified Mortgage Processor (CMP)
National Association of Mortgage Processors (NAMP)
Certified Master Loan Processor (CMLP)
National Association of Mortgage Processors (NAMP)
Certified Loan Processor (CLP)
National Association of Mortgage Processors (NAMP)
Associate of Applied Science in Banking and Finance
2016 - 2020
Middlesex County College
Edison, NJ
Banking and Finance
Business Administration

Top Skills & Keywords for Loan Processor Resumes:

Hard Skills

  • Loan Processing Software (e.g. Encompass, Calyx Point)
  • Credit Analysis and Risk Assessment
  • Loan Documentation Review and Verification
  • Compliance and Regulatory Knowledge (e.g. TRID, RESPA)
  • Loan Origination and Underwriting
  • Customer Service and Communication
  • Financial Analysis and Calculation
  • Title and Appraisal Review
  • Loan Closing Coordination
  • Loan Program Knowledge (e.g. FHA, VA, Conventional)
  • Loan Servicing and Portfolio Management
  • Time Management and Prioritization

Soft Skills

  • Attention to Detail and Accuracy
  • Organization and Time Management
  • Communication and Interpersonal Skills
  • Customer Service and Relationship Building
  • Problem Solving and Critical Thinking
  • Adaptability and Flexibility
  • Multitasking and Prioritization
  • Analytical and Research Skills
  • Teamwork and Collaboration
  • Conflict Resolution and Negotiation
  • Empathy and Understanding
  • Stress Management and Resilience

Resume Action Verbs for Loan Processors:

  • Analyzed
  • Reviewed
  • Verified
  • Processed
  • Negotiated
  • Facilitated
  • Communicated
  • Coordinated
  • Resolved
  • Documented
  • Assessed
  • Prioritized
  • Evaluated
  • Calculated
  • Investigated
  • Collaborated
  • Expedited
  • Implemented

A Better Way to Build Your Resume

Generate tailored summaries and achievements for your resume with AI.
Explore the Resume Builder

Resume FAQs for Loan Processors:

How long should I make my Loan Processor resume?

The ideal length for a Loan Processor resume typically depends on the individual's experience and career stage. However, there are some general guidelines you can follow to ensure your resume is concise and effectively communicates your skills and accomplishments. One to two pages: As a general rule, your resume should be no more than one to two pages long. For entry-level or early-career Loan Processors, one page is usually sufficient. Experienced Loan Processors with extensive accomplishments and a longer work history may require two pages, but it's essential to ensure that every piece of information is relevant and valuable. Prioritize content: When determining what to include on your resume, prioritize the most relevant and recent experience, skills, and achievements. Focus on the accomplishments that demonstrate your expertise in loan processing and your ability to drive results. Be selective and avoid including outdated or irrelevant information. Use concise language: To maximize space on your resume, use concise language and bullet points to describe your experience and achievements. Avoid long paragraphs or unnecessary details, and be sure to quantify your accomplishments whenever possible (e.g., processed $10 million in loans in a single month). Tailor your resume: Customize your resume for each job application, focusing on the skills and experiences most relevant to the specific Loan Processor role you're applying for. This will help you present a targeted and impactful resume, while also ensuring you stay within the one to two-page limit.

What is the best way to format a Loan Processor resume?

The best way to format a Loan Processor resume is to create a clear, concise, and visually appealing document that effectively showcases your skills, experience, and achievements. Here are some tips and recommendations for formatting a Loan Processor resume: Consistent formatting: Ensure consistency in formatting throughout your resume, including font size, typeface, and spacing. Using a consistent format helps make your resume easy to read and navigate, making it more likely that hiring managers will review your entire document. Clear section headings: Clearly label each section of your resume (e.g., "Summary," "Experience," "Skills," "Education") with bold or underlined headings. This helps guide the reader's eye and makes it easier for them to find the information they're looking for. Use bullet points: Use bullet points to present your experience and achievements in a concise and easy-to-read format. This helps break up large blocks of text and enables hiring managers to quickly scan your resume for relevant information. Reverse chronological order: Present your work experience in reverse chronological order, starting with your most recent position and working backward. This format is preferred by most hiring managers, as it allows them to easily review your career progression and most recent accomplishments. Focus on relevant experience: When crafting the presentation of your resume, focus on highlighting your relevant experience in the loan processing industry. This includes any experience with loan origination, underwriting, and closing, as well as any relevant certifications or training. Quantify achievements: Whenever possible, quantify your achievements in terms of numbers or percentages. This helps demonstrate your impact and effectiveness in previous roles and can make your resume stand out to hiring managers. Proofread carefully: Finally, be sure to proofread your resume carefully for any errors or typos. A well-formatted resume can be undermined by even a small mistake, so take the time to ensure that your document is error-free before submitting it to potential employers.

Which keywords are important to highlight in a Loan Processor resume?

As a Loan Processor, it's essential to highlight your skills and experience effectively in your resume to catch the attention of potential employers. To do this, you should incorporate relevant keywords and action verbs that showcase your expertise in the field. Here are some suggestions to consider: 1. Loan Processing: This is a fundamental keyword for your resume, as it directly relates to your primary job function. Make sure to include this term to emphasize your experience in handling loan applications. 2. Underwriting: Demonstrating your knowledge of underwriting guidelines and your ability to assess borrower eligibility is crucial. Use this keyword to show your understanding of credit risk evaluation. 3. Compliance: Emphasize your familiarity with industry regulations and compliance requirements, such as the Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), and Fair Credit Reporting Act (FCRA). 4. Documentation: Highlight your ability

How should I write my resume if I have no experience as a Loan Processor?

Writing a resume with little to no experience as a Loan Processor can be challenging, but it's not impossible. By focusing on your transferable skills, relevant coursework, and demonstrating your passion for the industry, you can create a resume that stands out to hiring managers and recruiters. Here are some tips to help you craft an effective resume: Emphasize transferable skills: Even if you don't have direct loan processing experience, you likely have transferable skills that are valuable in the field. These can include attention to detail, organization, communication, customer service, and problem-solving. Make sure to highlight these skills throughout your resume. Showcase relevant coursework: If you've taken any courses related to loan processing, make sure to include them on your resume. This can include courses in finance, accounting, or business. Explain what you learned in these courses and how they relate to the loan processing industry. Highlight education and certifications: If you have a degree in a relevant field, such as finance or business, be sure to mention it. Additionally, include any loan processing certifications or courses you've completed, such as the Loan Processor Certification or courses from platforms like Coursera or Udemy. Demonstrate your passion for the industry: If you're passionate about loan processing, make sure to convey that in your resume. This can include any volunteer work you've done in the industry, any relevant clubs or organizations you're a part of, or any personal projects you've worked on related to loan processing. By following these tips, you can create a resume that showcases your skills, education, and passion for the loan processing industry, even if you have little to no direct experience.

Compare Your Loan Processor Resume to a Job Description:

See how your Loan Processor resume compares to the job description of the role you're applying for.

Our new Resume to Job Description Comparison tool will analyze and score your resume based on how well it aligns with the position. Here's how you can use the comparison tool to improve your Loan Processor resume, and increase your chances of landing the interview:

  • Identify opportunities to further tailor your resume to the Loan Processor job
  • Improve your keyword usage to align your experience and skills with the position
  • Uncover and address potential gaps in your resume that may be important to the hiring manager

Complete the steps below to generate your free resume analysis.