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This question is about loan processor.
How to become a loan processor with no experience
You must get an education, obtain relevant employment, and learn specialized software in order to become a loan processor with no experience. For details on each of these steps, reference this guide:
Get an education. Loan processing jobs have the minimum educational requirement of a high diploma or equivalent, and some have the minimum requirement of a relevant associate's degree.
However, most employers prefer candidates with bachelor's degrees in finance or banking. And if you are looking to get an advanced career in this field, you should get your master's degree in one of these areas.
Seek out relevant employment. You should then seek out entry-level employment at applicable locations. These include banks, credit unions, and mortgage lenders.
Entry-level roles at these places will give you the knowledge, skills, and experience needed to be a loan processor. You might even be able to climb the ladder and get a loan processing position at this same institution.
Learn specialized software. The last critical component of becoming a loan processor with no experience is to learn the specialized computer software that is relevant to the role.
These programs mostly focus on record keeping and document processing. Both are extremely important to the job of a loan processor.
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