Loan Processor Resume


Loan processors are integral in preparing mortgage and other loan applications. Use our loan processor resume and writing tips to show employers why they should underwrite you as their newest hire.
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Highlight your professional experience using this proven resume format.
- Accounting Software: FICS Loan Accountant
- Financial Analysis Software: VueCentric MortgageDashboard, Experian Credinomics
- Content Workflow Software: Experian Transact SM
- Document Management Software: eOriginal eCore Business Suite
- Languages: Fluent in Spanish and English
- Liaise between potential clients and financial institutions, evaluate clients, research credit records, and prepare documentation for loan packages
- Schedule and track closing dates, contingency dates, and rate lock expiration dates to ensure compliance and create repayment plans
- Assisted various clients with loan refinancing based on more favorable terms such as a shorter repayment period or lower monthly payments, yielding additional $10k in revenue
- Optimized loan approval process through updated techniques and systems to achieve efficiency, boosting loan approval rate by 10%
- Assessed applicants’ financial status and assets to determine loan feasibility, reviewing loan agreements for accuracy
- Evaluated potential loan markets and developed referral networks to locate prospects for loans and generate business, realizing sustainable revenue growth of 10%+ annually
- Managed $1M worth of high-risk loan applications and deals, adhering to organizational standards and guidelines, and maximizing profits
- Marketed bank products to individuals and firms, and promoted bank services to meet customers’ needs, increasing customer satisfaction rate by 18%
Average loan processor salaries in the US
The following table includes information from O*NET Resource Center by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. The data is presented based on the top states in the United States.
Average loan processor annual salaries by state
State | Salary / Year |
---|---|
California | $50,240 |
Illinois | $48,610 |
Florida | $48,920 |
Texas | $47,100 |
New York | $53,770 |
Pennsylvania | $45,460 |
Ohio | $46,860 |
Georgia | $44,140 |
North Carolina | $50,450 |
Michigan | $47,130 |
National Average | $47,267 |
How to write your loan processor resume
The United States Bureau of Labor Statistics projects that over the next decade, loan processor employment will drop by 2%.
The expected employment decrease in this field is due to the increased use of online loan applications recently. To stand a good chance of securing a role in this industry, you should submit a loan processor resume that makes you stand out from other applicants.
Here are three tips for writing a perfect resume that showcases your loan processing experience and expertise:
1. Highlight your loan processor skills
A loan processor is a type of financial clerk who engages a borrower in the first step of a loan application and guides them through the best programs to apply for. They’re primarily responsible for compiling, overseeing, and processing a borrower’s loan application before it’s passed on to the underwriter for approval.
As a loan processor, you’ll meet new people every day. So, you should show hiring managers that you have good communication skills to effectively explain financial information. Also, give examples that prove you’re good with numbers, because math is a skill that’ll help you solve problems like calculating credit scores.
You should put both hard and soft skills on your resume to make it as attractive as possible to employers. Place them in every resume section to ensure the hiring manager sees them.
Here are good hard skills (also called technical skills) to highlight on your loan processor resume:
- Accounting software: Intuit TurboTax, Intuit QuickBooks, Sage 50 Accounting
- Spreadsheet software: Microsoft Excel, LibreOffice, Google Sheets
- Mortgage software: Calyx, Encompass, LendingPad
- Database management software: Microsoft Access
- Financial analysis software: Fannie Mae Desktop Underwriter, Experian
- Understanding of mortgage loan operations
And if you have any of these soft skills, give examples of how you’ve used them to show you’d make a great loan processor:
- Attention to detail
- Critical thinking
- Leadership skills
- Customer service skills
- Writing skills
- Organization skills
- Time management skills
- Problem-solving skills
- Negotiation skills
This work experience bullet point from a loan processor resume offers great examples of time management and organizational skills:
Schedule and track closing dates, contingency dates, and rate lock expiration dates to ensure compliance and create repayment plans
2. Open with a standout resume summary
To give yourself an edge over other candidates with similar loan processor skills, start your resume with a resume summary.
A targeted and compelling summary attracts hiring managers to focus on your resume and prioritize it over others.
Here’s the summary from our example loan processor resume:

Each sentence is written to highlight the applicant’s key qualifications and skills for the hiring manager:
- Sentence 1 outlines the applicant’s years of work experience and relevant duties performed in previous loan processor positions
- Sentence 2 covers the candidate’s academic background and knowledge base
- Sentence 3 highlights the applicant’s skill set and how they can use it to solve real problems they’ll face as a loan processor
3. Include engaging loan processing action verbs
Use action verbs associated with loan processing to start your resume’s work experience bullet points to show how you accomplished goals rather than simply put in the work. These words will help prove to the reader that you’re an engaged and driven worker with a deep knowledge of loan processing duties.
In our loan processor resume sample, the applicant used several industry-related action verbs that you should consider listing in your own resume, including:
- Assess
- Liaise
- Schedule
- Assist
- Optimize
- Analyze
- Evaluate
- Manage

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