Loan Processor Salary in Minneapolis, Minnesota

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Average Salary for Loan Processor in Minneapolis, Minnesota

The average salary of a(n) Loan Processor in Minneapolis, Minnesota is $44,902.

The average hourly rate of a(n) Loan Processor in Minneapolis, Minnesota is $21.59.

The average bonus of a(n) Loan Processor in Minneapolis, Minnesota is $929.00.

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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Verifying that information and documentation are complete and accurate. Collecting documentation and analyzing incomes for our members....

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Patterson Companies, Inc.

Prepare loan documents as needed Perform analysis on loans booked to determine booking trends and provide guidance to the leadership team Perform other duties...

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