Loan Processor

Loan Processor Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applicant with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate.

At Zippia, we went through over 36,342 Loan Processor resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

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Five Key Resume Tips For Landing A Loan Processor Job:

1.
Relevant Experience
Make sure that the jobs, experience, and accolades that you do include are relevant to the position you’re applying for.
2.
The Right Skills
This is a great time to run wild with those keywords found in the job description. If they’re looking for someone with Loan Applications, be sure to list it as a skill.
3.
Quantifiable Achievements
Achievements and awards relevant to the position speak louder than a high GPA, especially if you can quantify your achievement with a number.
4.
Your Unique Qualities
Recruiters and hiring managers are looking at hundreds of resumes. Let yours stand out, and try not to sound too boring.
5.
Strong Content
If you’ve had a lot of jobs, this shouldn’t necessarily be a list of all of them. This is a document designed to market you to a potential employer, so choose the strongest content.

How To Write A Loan Processor Resume

1
Contact Information
Name
First things first — employers only spend about six seconds looking at resumes before they decide to keep them or throw them away, so you should definitely let them know whose it is.
Address
Commute and relocation are things that employers take into consideration when sifting through candidates, so provide your current address in your resume header so that employers have an idea of where you are in relation to their office.
LinkedIn Profile
If you feel that a link to your social media profile could further your standing as a candidate, go ahead and include it. This doesn’t mean you should throw in a link to your hilarious Twitter profile, but instead provide your LinkedIn profile.
2
Professional Summary (Objective)
Career objective statements are one of the most overlooked pieces of otherwise stellar resumes. It’s not that every Loan Processor CV out there needs one — it’s just that the ones that really do need them typically never think to include them.
The goal of this section is simple: to summarize the resume in a few short sentences. Through your resume summary you enable employers to quickly learn whether you are a good match for the job. Here are a few things to keep in mind when writing a professional summary:
Keep it short: it should be 4 sentences max
Highlight your most impressive skills or achievements
3
Skills

Not sure which skills are really important?

3 Big Tips For Listing Skills On Your Resume
Make sure to only include your hard skills on your resume. In addition, include the most in-demand loan processor skills. Below we have listed the top skills for a loan processor : The more keywords your resume can “match,” the more likely it is that your resume will be selected for review by human eyes.
Top Skills for a Loan Processor
Here are a few key points of to keep in mind while writing your skills section:
Include between 6 to 12 skills
Make sure to only include hard skills
Highlight your most impressive skills or achievements
4
Experience
The work experience section of a resume is all about highlighting the achievements that an employer would want to see. Here are some examples from different Business Analysts

Example # 1

Loan Processor

  • Worked directly with hundreds of Title, Insurance and Escrow companies who provided Endorsements for corrective purposes on Title polices.
  • Provided daily to weekly borrower contact to maintain on-time, successful loan closing.
  • Experienced in LIS and LPS platforms.
  • Meet or exceed established productivity objectives while meeting or exceeding established accuracy objectives.
  • Performed initial data entry and processing to home equity loans and lines of credit.

Example # 2

Loan Processor

  • Processed Foreclosure Collateral package and E-File and indexed completed package into I-Vault System.
  • Process for Colorado, Nevada and Utah loans HARP, Conventional and FHA/VA.
  • Received FHA loans to process from welcome call introduction to closing calls reviewing settlement statements with clients.
  • Promoted to Foreclosures, Bankruptcies and Short Sales.
  • Work with Private, FNMA, FHLMC, VA, USDA, FHA investor portfolios.

Example # 3

Junior Loan Officer

  • Facilitated the application process, requested documentation from borrowers, and handled customer inquiries.
  • Reviewed all executed loan document packages from escrow.
  • Registered loans on the processing system & prepared Respa Disclosures for the customers.
  • Reviewed and maintained files to ensure compliance with HMDA regulations.
  • Process refinance, purchase, pre-approval and home equity loans.

Example # 4

Loan Assistant

  • Review and research the foreclosure process in order to verify and invoice fees to the client correctly and timely.
  • Perform verbal verification of employment for each borrower.
  • Work within Parameters of FHA Connection, VA, TAS, websites.
  • Monitored, reviewed, and updated Federal Housing Administration (FHA) loan tracking numbers.
  • Process FHA and proprietary reverse mortgages.

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We compared 36,342 sample loan processor resumes with job offers and found that the average years of experience required for a loan processor job required by employers is 1.0 years.
How much work experience do employers want to see?
The average loan processor job listing asks for 1.0 years of work experience.
How much work experience does the average loan processor candidate have?
The average loan processor resume contains 4.0 years of work experience.
Write your work experience section in a way that embraces your loan processor skills. Sounds easier said than done? Take a look at how other people have done it. Below are real examples from loan processor resumes that people have included in their work experience section to demonstrate their knowledge of key skills:
5
Education
Loan Processor job openings don't necessarily require a 4 year degree. Looking at our data, we found that the majority of loan processor resumes listed an associate degree (typically 2 years) as the highest level of education.
Overwhelmingly, those applying to loan processor positions majored in Business. Some of the other common majors that appear on loan processor resumes include Accounting, Finance, and Health Care Administration.
Majors
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As shown above, the Education section can be very brief. However make sure to include the following:
The name of the school you attended
The year you attended
Your major
Your GPA
The level of education you attained

Loan Processor Salary

Did your resume land you an interview? Be prepared to talk salary.

How To Answer "What Are Your Salary Requirements"

When you are ready to send your resume to employers, it's important to be aware of the current market conditions for Loan Processors. Salary can vary based on factors such as location, company, and industry. Check out our detailed salary information for Loan Processors to learn more.

Average Employee Salary
$50,000
$28,000
Min 10%
$50,000
Median 50%
$91,000
Max 90%