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Become A Senior Loan Processor

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Working As A Senior Loan Processor

  • Processing Information
  • Interacting With Computers
  • Communicating with Persons Outside Organization
  • Getting Information
  • Performing for or Working Directly with the Public
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Repetitive

  • Stressful

  • $37,710

    Average Salary

What Does A Senior Loan Processor Do

A Senior Loan Processor negotiates and coordinates consumers, commercial, and business loans. They are responsible for processing payments, providing customer service, and obtaining insurance information when required.

How To Become A Senior Loan Processor

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.


Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.


Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.


Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

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Senior Loan Processor jobs

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Senior Loan Processor Career Paths

Senior Loan Processor
Loss Mitigation Specialist Loan Processor Accounts Payable Clerk
Account Payables Analyst
6 Yearsyrs
Branch Manager Account Manager Billing Specialist
Accounts Receivable Manager
6 Yearsyrs
Operations Manager Account Executive Office Manager
Administrative Manager
6 Yearsyrs
Processing Manager General Manager Property Manager
Asset Manager
7 Yearsyrs
Loss Mitigation Specialist Mortgage Loan Processor Loan Officer
Branch Manager/Loan Officer
5 Yearsyrs
Mortgage Consultant Service Specialist Assistant Branch Manager
Branch Operations Manager
6 Yearsyrs
Service Specialist Personal Banker Office Manager
Business Office Manager
8 Yearsyrs
Underwriter Assistant Vice President Vice President
Chief Finance Officer
12 Yearsyrs
Auditor Service Representative Client Service Specialist
Client Relations Manager
6 Yearsyrs
Branch Manager Credit Analyst Credit Manager
Collections Manager
5 Yearsyrs
Junior Underwriter Underwriter Assistant Vice President
Credit Officer
5 Yearsyrs
Operations Manager Human Resources Coordinator Payroll Specialist
Payroll Manager
7 Yearsyrs
Senior Underwriter Account Executive Realtor
Property Management Specialist
6 Yearsyrs
Mortgage Consultant Loss Mitigation Specialist Foreclosure Specialist
Property Preservation Specialist
6 Yearsyrs
Service Specialist Operations Specialist Operations Manager
Regional Operation Manager
9 Yearsyrs
Senior Underwriter Assistant Vice President Human Resources Coordinator
Senior Manager
10 Yearsyrs
Processing Manager Operations Manager Equipment Operator
Service Supervisor
6 Yearsyrs
Underwriter Senior Underwriter
Underwriting Manager
8 Yearsyrs
Analyst Human Resources Coordinator Senior Recruiter
Vending Manager
7 Yearsyrs
Mortgage Underwriter Senior Underwriter Assistant Vice President
Vice President Operation Manager
9 Yearsyrs
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Senior Loan Processor Demographics


  • Female

  • Male

  • Unknown



  • White

  • Hispanic or Latino

  • Asian

  • Unknown

  • Black or African American

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Languages Spoken

  • Spanish

  • French

  • Arabic

  • Italian

  • Russian

  • Hindi

  • Carrier

  • Vietnamese

  • Mandarin

  • Chinese

  • German

  • Cantonese

  • Korean

  • Portuguese

  • Romanian

  • Tagalog

  • Greek

  • Japanese

  • Urdu

  • Polish

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Senior Loan Processor

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Senior Loan Processor Education

Senior Loan Processor

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Top Skills for A Senior Loan Processor


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Top Senior Loan Processor Skills

  1. Loan Officers
  2. Appraisals
  3. Borrowers
You can check out examples of real life uses of top skills on resumes here:
  • Managed loan pipeline daily to prioritize tasks and provide loan updates to loan officers and customers.
  • Audit loan origination files, order necessary appraisals, title, and credit documents.
  • Worked closely with borrowers to ensure proper and accurate loan documentation was received for underwriting review.
  • Received designation to underwrite FHA/VA LP Accept loans.
  • Prepare and calculate income and assets thoroughly before submission to underwriting.

Top Senior Loan Processor Employers

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Senior Loan Processor Videos

21-Days to Better Loan Processing: Day 2

What does the mortgage loan processor do?

day in the life of a loan processor