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Banking Loan Processor Salary in Memphis, Tennessee

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Average Salary for Banking Loan Processor in Memphis, Tennessee

The average salary of a(n) Banking Loan Processor in Memphis, Tennessee is $39,848.

The average hourly rate of a(n) Banking Loan Processor in Memphis, Tennessee is $19.16.

The average bonus of a(n) Banking Loan Processor in Memphis, Tennessee is $825.00.

Job Description:

Performs clerical and administrative support activities related to obtaining loans for borrowers. Prepares papers and assembles documents to obtain loans for borrowers. Forwards applications for loans, construction plans, credit ratings, and other related documents to loan company for approval. Draws up closing papers. Records deeds with title company and municipal authorities. Receives approval of company and orders preliminary title reports and covenants showing financial transactions, conditions, and restrictions upon which sale is based. Less

Performs clerical and administrative support activities related to obtaining loans for borrowers. Prepares papers and assembles documents to obtain loans for borrowers. Forwards applications for loans, construction plans, credit ratings, and other related documents to loan company for approval. Draws... More

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