Average resume stats for your industry
Words
408
Pages length
1.6 p
Job titles per resume
3.8
Bullet points per job title
13.2
Experience
7.5 years
Top Skills for Loan Processor resume
HARD SKILLS
  • SAP
  • SAP CI
  • Excel (Advanced)
  • VBA
  • MS Office
SOFT SKILLS
  • Communication
  • Negotiation
  • Critical thinking
  • Problem solving
  • Collaboration
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Resume Background
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INDUSTRY STATS

According to the U.S. Bureau of Labor Statistics, Loan Processor positions are at a 1% growth rate, which is little to no change. With that said, there are currently 322,100 jobs in the market right now. The total number of jobs is expected to increase by 4,300 to 326,400 in the period of 2020-30.

What’s more, the median annual wage for the Loan Processor jobs was $63,960 in May 2020. The lowest 10% earned less than $33,650, and the highest 10% more than $133,850.

Our conclusion? The Loan Processor job market is wide open for candidates.

Top Loan Processor sections that make the best resume

  • Header
  • Professional summary
  • Experience (with numbers and results)
  • Relevant skills
  • Education
  • Certifications

How to write a Loan Processor resume experience section

Loan Processor Resume’s Job Experience Checklist:

icon book open

  • Use 4-6 bullet points per job title;
  • Don’t go further than a decade behind when describing your job history, unless you’re applying for an executive position;
  • Combine job responsibilities as well as achievements with numbers in results when you describe your past work;
  • Start each sentence with a power verb and avoid overused buzzwords;
  • Use either C-A-R or S-T-A-R methodology, when describing your experience.

The work experience samples below come from real Loan Processor resumes that got people hired at top companies. You can use them as an inspiration to build your own resume:

Work Experience
IT Support & Loan Processor,
Bravura Combo
2009-2014
  • Transfer, upgrade and maintain the company’s email database system.
  • Assure that customer files are complete and in compliance.
  • Monitor and maintain computer systems and networks; diagnose and solve software faults.
Work Experience
Loan Processor
Smash Tech
2012-2018
  • Review loan registration/rate lock agreement to populate and issue proper loan disclosures. 
  • Retrieve signed loan disclosures, review and upload them accordingly into loan origination system 
  • Assist to order loan documents such as Title, Appraisals, Verification of Employment, Verification of Deposits; review documents thoroughly before submission to assure accuracy, completeness and compliance 
  • Liaison with all involved parties, including Branch Manager, Loan Officer, Underwriting Coordinator and the entire Operations team
Work Experience
Senior Executive (Assessor/Loan Processor)
Monk
2015-2019
  • Mortgage/ Loan processor for BARCLAYS UK (United Kindom) Customers.
  • Assessing the customer's value for their mortgage loans.
  • Providing END To END service to the BARCLAYS customers with regards to their mortgage loan.
  • Managing their Loan account completely till they pay off their mortgage loans.
Work Experience
Senior Loan Processor
Jaskolski, Waelchi and Yundt
2019-2021
  • Trained in Conventional, FHA, VA and Jumbo Loans
  • Maintained a pipeline of 70-90 loans in a fast-paced industry, closing approx. 45-55 loans per month while maintaining a service rating of 92% or higher for 10 years
  • Responsibilities included consistent communication with borrowers, loan officers, private bankers, real estate agents, and title companies
  • Established relationships with private label clients including Amcore, USAA, Charles Schwab, Key Bank, E*TRADE and Morgan Stanley
Work Experience
Senior Loan Processor
Zeal Wheels
2009-2014
  • Provided one on one contact with customers to gather documentation and satisfy underwriting conditions
  • Developed strong partnerships with sales to ensure that closing dates were met and customer's needs were acted on immediately
  • Gave input on best practices to management that was rolled out site wide
  • Acted as team lead to assist manager during higher volume periods: Provided reporting to staff, ensured their timely response to inquiries and escalated issues to manager
  • Provided managerial coverage for two team leads, acting as main point of contact for sales escalations and team issues during manager absences
  • Promoted to AVP Operations Manager
Work Experience
Policy/Procedure Specialist/Project Management & Loan Processor
Altenwerth Group
2017-2021
  • As a Project Manager, I successfully prosecuted integration of lending policies, procedures, and relating documents of acquired companies. Was depended upon and trusted in a number of fast paced, important projects that streamlined operations for the bank to continue residential lending during large mergers and acquisitions without any interruption in lending services for either bank involved. Known well for always meeting a deadline with a high integrity of work. I traveled all over the United States to perform onsite support and training for large corporate offices and loan processing centers.
  • Before Project Management, I was working as third level support to our lending call center that supports all bank branches and the Customer Service Center to existing customers looking to acquire new loans and/or refinance existing home loans. Once I was well versed in the lending policies and procedures I was promoted to a Policy and Procedure Specialist. During this time, I wrote and published weekly newsletters for the Lending Division. Keeping up on the policy/procedural changes and reviewing any necessary information that was pertinent or needed review based on call center question frequency. Legal document review and making sure our policies and procedures complied with all government regulations an secondary market requirements were just part of my important job.
  • Hired at American Savings Bank (later acquired by Washington Mutual Bank) originally to help with filing, typing and general office assistant, I was quickly hand selected by management to train the entire Lending Center on how to use the new processing system ACCESS 97. My eagerness to learn and grow within the company shined and within my first month at the bank, I received a pay increase and was promoted to Loan Processor with a full workload and portfolio. I quickly became one of the top producing Loan Processors.
Work Experience
Loan Processor
Movie Intense
2016-2020
  • Process federal, institutional, and state financial assistance according to Department of Education rules and guidelines.
  • Reconcile disbursements with business office monthly to ensure compliance with regulators.
  • Interact with specific outside agencies to facilitate the student eligibility process.
  • Responsible for a streamlined systems process with financial aid software to ensure effective university-wide communication.
Work Experience
Post Loan Processor
Strat Security
2016-2017
  • Managed process to sell loans to investors
  • Managed documentation with title companies, FHA, warehouse banks
  • Problem solving and addressing buy conditions issued by Investors
  • Executed loan transfers, Wells Fargo, Chase, Flagstar, Bank of America
Work Experience
Loan Processor
Innovation Modular
2012-2014
  • Manage a retail financing program: identifying deficiencies and/or updates needed to enhance the program for all parties and managing operations
  • Piloted different projects within the organization to create efficiencies
  • Coaching and mentoring new employees
  • Bookkeeping: using QuickBooks and Oracle applications and creating monthly reports for the Sr. Financial Analyst
  • Create and maintain good relationships with clients
  • Active contributor of the culture of teamwork and well-being
Work Experience
Senior Executive (Assessor/Loan Processor)
Cogent Data
2015-2019
  • Mortgage/ Loan processor for BARCLAYS UK (United Kindom) Customers.
  • Assessing the customer's value for their mortgage loans.
  • Providing END To END service to the BARCLAYS customers with regards to their mortgage loan.
  • Managing their Loan account completely till they pay off their mortgage loans.
Work Experience
Jr. Loan Processor
Monk
2016-2020
  • Manage CRM for customer data
  • Process employment verification and review credit reports
  • Maintain filing system, back-up reception and maintain break room
  • Assist Office Manager, Title Officer and CEO with administrative tasks
Work Experience
Mortgage Loan Processor II
DuBuque, Conroy and Durgan
2021-2022
  • Managed high volume pipeline of 60+ with meeting closing dates on time.
  • Ensure an easy customer experience by appropriate borrower communication and timely responses.
  • Review conditions receive and loan file thoroughly for accuracy and final underwriting approval.
  • Assist with training new hires on operational tasks of loans through coaching sessions.
Work Experience
Senior Loan Processor
Turner - Wisoky
2018-2020
  • Communication - Directly communicate with anywhere from 10 to 16 stakeholders and vendors throughout the loan process
  • Leadership - Ensure all stakeholders meet timelines, while ensuring quality standards and in compliance with all mortgage regulations, in order to close over $4.5 million in loans each month with my team
  • Negotiating - Working with multiple departments requires negotiating for what we need from different departments
  • Critical Thinking - Often we must change strategies and sometimes it takes moving mountains to make a loan work; coming up with ideas to achieve the impossible is my specialty
  • Vendor Management - Work directly with all vendors necessary for the loan process, from title, insurance, and credit companies, to federal agencies and borrower employers
Work Experience
Loan Processor
Littel Group
2016-2017
  • Perform follow-up work with prospects and existing clients.
  • Obtain necessary customer documentation to support data provided in the application.
  • Execute loan origination process.
Work Experience
Loan Processor
Nixue Root
2021-2022
  • Submit loan submission packages for underwriter approval.
  • Ensured all approvals fell within the established lending guidelines.
  • Communicate and work with other professionals, including attorneys, county clerks and title companies to fund loans.
Work Experience
Loan Processor
Inspire Co
2016-2017
  • Review initial loan approval and work with borrower to gather appropriate documentation.
  • Collect all required documentation for the loan package.
  • Create a loan submission package for the Underwriting department.
  • Submit files to assigned Underwriter.
  • Satisfy all conditions when received from Underwriter.
  • Ensure that approval falls within the established lending guidelines.
  • Communicate with other professionals, including attorneys, county clerks, and title companies.
Work Experience
Loan Processor
Schmeler and Sons
2012-2014
  • Reviews files, requests legal documents, and verifies customer information and prepares files for initial underwriting
  • Consistently scores high on Quality Review Audits
  • Manages loan from initial approval through final loan approval and submits loans to closing
  • Accurately processes Conventional, FHA, and VA loans for captive and non-captive borrowers with quick closing dates and dirt starts
  • Trained in Empower, Excel, Power Point, Word, Adobe, and Word Press.
Work Experience
Mortgage Loan Processor
Strat Security
2011-2018
  • Evaluate the loan structure (FHA, VA) and reviewed the guidelines and financial statements of the loan
  • Enter all personal data into the software to be uploaded to Title, Insurance, Lender, DU, etc.
  • Submitted completed packages in a timely manner.
  • Worked with customers in person and via telephone to answer questions, process transactions and resolve issues.
  • Researched industry competitors and compiled detailed analysis data. Handled various accounting transactions.
Work Experience
Senior Loan Processor/ Loan Officer/ Office Manager
Inspire Co
2011-2018
  • Performed hands-on duties in underwriting, origination, credit analysis, processing, and closings.
  • Calyx software expert, with over six years of proven experience.
  • Successfully completed Continuing Education Credits (“CECs”) as required.
  • Analyze consumer credit reports and assist with credit repair.
  • Serve as Maximum Equity Mortgage’s General Office Manager.
PRO TIP
pro tip icon

Include quantitative data throughout your Loan Processor resume to impress the hiring manager. Real facts and figures that show off your competency as an audit manager go a long way. Did you reduce the costs of audits? Manage a large team? Boosted efficiency? Show off the real numbers!

Action Verbs for your Loan Processor Resume

At Enhancv, we went through countless Loan Processor resumes and uncovered which are the unique words people use to spice up their resumes. Forget about buzzwords - use these power words instead to make your experience section shine.

Loan Processor Resume Skills’ Tips & Tricks to Impress Recruiters

Resume Skills Section Checklist:

icon book open

  • Ensure your hard skills section (including technologies) are exactly matching the job description.
  • Don’t simply list your soft skills. Apply the “show, don’t tell” principle - let your job achievements speak for themselves.
  • Find a way to showcase your skills beyond the skills section.
  • Your resume’s skill section is important to ATS systems - so don’t skip it.
Top Skills for your Loan Processor resume
HARD SKILLS
  • SAP
  • SAP CI
  • Excel (Advanced)
  • VBA
  • MS Office
  • PowerPoint Presentations
  • Freedcamp
  • OneDrive
  • EBay
SOFT SKILLS
  • Communication
  • Negotiation
  • Critical thinking
  • Problem solving
  • Collaboration
  • Flexibitly
  • Resilience
  • Dedication
  • Empathy
PRO TIP
pro tip icon

Avoid getting sidetracked by Applicant tracking software by including a tech skills' section matching the job description and your own qualifications.

what to write in your resume header

CHECKLIST For Your Loan Processor Resume Header

icon book open

  • Your name and surname in a legible and larger resume font
  • The job title you’re applying for or your current job title as a subheading to your name
  • Link to your portfolio or online profile, such as LinkedIn
  • Address (City and State for the US; just your city for rest of the world)
  • Email address
  • Headshot (required or welcomed in the EU; not required and sometimes frowned upon in the US)

Stick to popular email providers such as Gmail or Outlook. And use these professional formats to create your username:

  • first.last@gmail.com
  • last.first@gmail.com
  • firstlast@gmail.com
  • f.last@gmail.com
  • first.l@gmail.com
PRO TIP
pro tip icon

Some companies, states, and countries have policies about identifying information like photos on your Loan Processor resume. Be sure to check all the relevant rules before submitting yours. If you’re in doubt, you can always try contacting the company’s HR department to ask for their policy.

Loan Processor Resume Summary Best Practices

what to write in your resume summary

Checklist: What to include in your Loan Processor resume summary:

icon book open

  • Years of experience;
  • Highlight top 3 skills and proficiencies;
  • One big professional accomplishment you’re most proud of, that you can tie with the aforementioned skills;
  • Use short, direct sentences - but no more than three - to keep the HRs interested.
writing icon

Resume Summary Formula:

Resume Summary Formula: [Adjective] [job title] with [number] years of experience in [industry], a proven ability to [relevant, measurable skills], and a strong background in [relevant context of your work experience] seeks a position as [the job title you’re applying for].
PRO TIP
pro tip icon

Your summary should act as an elevator speech, briefly promoting how you will benefit the employer if hired. Pitch your strengths in the summary and expand on them in your Loan Processor experience section. Give examples like how your work benefited each employer.

Listing Your Education, Certifications and Courses

Resume Education Section Checklist:

icon book open

  • Ensure your hard skills section (including technologies) are exactly matching the job description.
  • Don’t simply list your soft skills. Apply the “show, don’t tell” principle - let your job achievements speak for themselves.
  • Find a way to showcase your skills beyond the skills section.
  • Your resume’s skill section is important to ATS systems - so don’t skip it.

Top Certifications for your Loan Processor resume

Certification Image
Become a Mortgage Loan Processor
Finibi Mortgage CEO, Joe Correa, teaches you how to become a mortgage loan processor
Certification Image
Advanced Mortgage Loan Processor: Essential Skills Training
Finibi Mortgage CEO, Joe Correa, teaches you how to take your mortgage loan processor career to the next level
Certification Image
Loan Processor & MLO Mortgage Math: Problems & Solutions
Mortgage skills training and SAFE Mortgage Loan Originator Licensing Exam math prep with 115 problems & solutions
Certification Image
Get Hired as a Mortgage Loan Processor
Finibi Mortgage CEO, Joe Correa, teaches you how to get hired as a mortgage loan processor
Certification Image
Mastering the Pre-qualification Process of a Mortgage Loan
CEO and Founder of Finibi Mortgage teaches you how to pre-qualify borrowers from start to finish
PRO TIP
pro tip icon

If you hold a certain major and a minor, your majors should be mentioned first.

Loan Processor Resume: Additional Writing & Formatting Tips

There are three basic resume formats you can choose from:

The most optimal format for your particular case will depend on your years of experience, as well as whether you’re switching industries or not.

Reverse chronological resumes are best suited for experienced individuals who are sticking to their industry. The experience section takes a central place, and its bullets contain your responsibilities and achievements, coupled with numbers and results.

Functional resumes are used by less experienced jobseekers or career changers. Note that it’s not a format that recruiters prefer, as most are used to the classic chronological alignment. Instead of a list of job titles, functional resumes focus on your skills, and through what experiences you gained them.

Hybrid resumes are great for both experienced and entry-level candidates, as well as career changers. They combine the best of both worlds - most often in a double column format, where one side of the content is focused on your experience, whereas the other - on your skills, strengths, and proudest moments.

Loan Processor Resume Summary best practices

Here are more resume tips regarding your layout and style:

To take it a step further, check out how your resume can stand out without leaning too much on the creative side.

PRO TIP
pro tip icon

Sometimes you’ll want to go after a job which requires more experience than you have. Instead of using a typical Loan Processor resume layout, you can use a creative layout. Getting noticed is the most important challenge and a creative resume layout might help you get invited for an interview as most of other accountants have boring resume designs.

Other sections to include in your resume

Depending on the type of company (corporation or start-up; innovative or traditional), job seniority level and your location, you may want to include more sections to your Loan Processor resume:

Loan Processor Resume: How to Make Yours More Creative & Stand Out

When you send your resume to a potential employer, chances are it's the fiftieth one they've seen that day. That's why you need to make your Loan Processor resume stand out for the right reasons. That means showing your personality, not just your professional experience. Employers are far more likely to remember a candidate who seems like a genuine person and not a robot. Do this by including your passions (which is also a great place to demonstrate skills on a resume), share your favorite books, or even what your usual day looks like.

day of my life on resume - Enhancv resume section

What Makes a Great Loan Processor Resume: Key Takeaways

  • Choose a resume layout that sends the right message across and fits your current career situation;
  • Create a resume header that shows your desired job title, and easy to find contact numbers;
  • Be specific about your experience, accomplishments and future goals in your summary;
  • Feature detailed metrics and specific examples that show the impact you made in your previous roles when describing your experience;
  • List soft skills backed by examples;
  • Add all of your technical skills and certifications that you have and match the job description;
  • Show off a dash of personality in your resume that will demonstrate your culture fit and the right mix of hard and soft skills.
Volen Vulkov Avatar
Volen Vulkov
8 minute read
Updated on 2022-03-21

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