Loan Processor Resume Example
A career as a loan processor typically involves reviewing loan applications and verifying applicant information. A strong resume for loan processor applications showcases your skills, experience and achievements and helps you stand out from other candidates. In this article, we'll discuss how to create a loan processor resume that catches the eye of employers, with tips and examples to help you write your own.
The aim of this article is to equip you with all the knowledge required to create a resume that positions you to succeed in your loan processor applications. You'll find valuable tips on writing a resume that best showcases your unique skills and achievements. There is also extensive guidance on how to structure your resume to match the job description, and to reflect your experience levels to impress HR specialists and employers. Continue reading to find expert tips and advice from Jobseeker that will help you with your loan processor resume.
Core sections to include in a loan processor resume
It's essential to include a few core sections in your loan processor resume, while there are also a few optional sections you can make use of to strengthen your application. A resume for candidates with little or no work experience may focus less on the work experience section, and bring sections to the fore that emphasize their skills, such as hobbies and interests, volunteer work, education, projects and skills lists.
You will have some choice over your resume layout and structure, but be sure to include these sections as the core of your document:
Resume Header
The resume header is the place to add your name and contact details, along with your LinkedIn URL if you have a profile, so employers can find more information about your career journey and skills. You don't typically need to add a photo, or any other personal information to this section. Make sure your resume header is as brief as possible and doesn't take up too much valuable space. Choose a clear, professional design that sets the tone for your application.
Use an email address that's professional and appropriate for professional communication. Typically this would be an email address based on your first and last name, or your initials. If necessary, you could include your profession or another unique identifier. Avoid using old email addresses that could be considered unprofessional or inappropriate. Additionally, always check your contact details before sending your resume to ensure they're up-to-date.
Chloe Wilson
chloe.wilson@example.com
(111) 222 33 444 55
12 Grimmauld Place, Brooklyn, NY
linkedin․com/in/chloe–wilson123
Resume Summary
Your resume personal profile is a short, concise paragraph to highlight two or three key skills and achievements in loan processor roles. You may also see this section named as 'resume summary' or 'resume objective'. Resume summaries tend to focus on your career experience, while resume objectives cover your ambitions and plans for the future. In addition, your objective should highlight why you're an ideal candidate for loan processor roles by showing key skills and qualities that reflect the job description.
Alternatively, you could use this section to reference your objectives and ambitions, and how this role would fit into your career journey.
A strong resume summary focuses on two or three key skills and achievements that showcase your suitability for loan processor roles in a clear, quantifiable way. It also gives an insight into your personal qualities, to help the reader understand why you're a suitable candidate. See below for some great examples of what to include in your loan processor resume summary.
Good example:
Detail-oriented Loan Processor with a Bachelor of Science in Finance and extensive experience as a Loan Processing Specialist. Proven track record in accurately assessing loan applications, ensuring compliance with financial regulations, and facilitating seamless loan approval processes. Skilled in financial analysis, documentation review, and customer service, with a strong ability to collaborate with underwriters and loan officers to drive successful outcomes. Proficient in various loan processing software and committed to maintaining high standards of accuracy and efficiency
Bad example:
Worked in finance with some experience in handling paperwork and checking details. Have a degree related to finance and have done tasks involving loan applications. Made sure things were done according to rules and helped in getting loans approved. Familiar with looking at numbers, reviewing documents, and providing service to people. Worked with others to get things done and used different software for processing loans. Focused on keeping things accurate and efficient
Conversely, an ineffective resume summary would include generic, unspecific information on your skills and experience, while failing to provide any useful information on what makes you a unique and interesting candidate. The graphic above shows some of the pitfalls to avoid when creating your resume summary.
Hard and Soft Skills
Listing your key skills can help to prove your suitability for loan processor jobs. These could be document verification expertise, knowledge of U.S or various other relevant skills. Again, refer to the loan processor job description for an indication of the types of skills the employer is looking for, and make sure your skills section reflects these.
Listing hard skills on your loan processor resume
For your hard skills list, include any technical abilities or specific industry knowledge that's essential to working as a loan processor. These could be skills gained through work experience or qualifications. Furthermore, these skills are essential for a loan processor resume as they showcase your expertise in the field. If possible, add four or five hard skills that reflect the requirements of the job description. These will boost your chances of success in your applications.
For an effective resume hard skills section, focus on the technical skills that are most essential in the job description, and that match your specific expertise. Some examples of the best hard skills for a loan processor resume are listed below.
- Data entry accuracy
- FHA/VA regulations
- Credit report analysis
Listing soft skills on your loan processor resume
Your soft skills are the core qualities and personal characteristics that make you a good employee. They tend to apply to multiple professions and jobs, though the soft skills you'll require may change as you move from junior to senior positions. Indeed, transferable skills are growing in importance in the modern world of work, so make sure you include several of these in your resume. Think of your best soft skills and add up to five that match the requirements of the job description.
The strongest resume soft skills sections include a mix of skills that match your best personal strengths, and that reflect the skills listed in the job description. See below for some examples of effective soft skills for a loan processor resume.
- Attention to detail
- Strong communication skills
- Problem-solving abilities
Education and Qualifications
Under education, add details of any degrees or professional qualifications relevant to loan processor roles.
To work as a loan processor, employers tend to require candidates to have a specialist degree, such as a Bachelor of Science in Finance. If you have this degree, focus on it in your education section, while also mentioning any educational achievements that show your document verification expertise or mortgage software proficiency.
Include any qualifications relevant to the role. For each, add the name and level of the award, the institution name, its location and your dates of study. You can also add some bullet points outlining any high grades, awards you won or specialist subjects you studied. Adding this information will show the employer your dedication to learning and your areas of specialist knowledge.
If you were a member of any clubs or societies, or volunteered for any causes while studying, you could also mention these in your education section.
Bachelor of Science in Finance, 2017 - 2020
Massachusetts Institute of Technology (MIT), Cambridge, MA
Certifications and Training
In your certifications section, list any professional certifications or licenses that are relevant to working as a loan processor. You could list accreditations for certain professional roles or licenses for certain activities that help to make you a strong candidate. Therefore, make sure you list the dates of your certifications and licenses so employers can see they're up-to-date and valid.
Take a look at some example certifications for a loan processor resume below:
- NAMP Loan Processor, 2022
- Certified Mortgage Processor, 2022
- FHA Direct Endorsement, 2022
Work History
Next, list your relevant employment history and any key achievements that show you're suitable for a loan processor position. Mention only the most appropriate and relevant jobs you've had in reverse-chronological order, starting with your most recent and working backwards. Add your job title, the name of the employer, the location of the role and your dates of employment.
Also include some bullet points for each job mentioned, showcasing your achievements so the employer can see the impact you made on the company. Pay attention to the job description and make sure each point is relevant to loan processor roles.
An effective resume work experience section is one that constantly echoes the skills and experience listed in the job description, and shows how you used your skills to positive effect in each job. Each bullet point should be carefully crafted to showcase a particular skill or achievement relevant to loan processor jobs, with evidence to show the value you added. See the examples below for some ideas of what a great resume work experience looks like.
Good example:
Loan Processing Specialist, January 2022 - Present
LendWise Solutions, Tulsa
- Streamlined loan approval process, reducing average approval time by 30% and increasing customer satisfaction scores by 25%
- Successfully managed a portfolio of over 200 loans, maintaining a 98% accuracy rate in documentation and compliance
- Led a team to implement a new loan origination system, resulting in a 40% increase in processing efficiency
Bad example:
Loan Processing Specialist, January 2022 - Present
LendWise Solutions, Tulsa
- Improved loan processing operations for better efficiency and customer satisfaction
- Managed a diverse portfolio of loans with high accuracy
- Led efforts to enhance loan origination systems for improved performance
See above for some of the pitfalls to avoid with your resume work experience section. Poor examples of resume work experience sections tend to be vague and fail to quantify your achievements and the impact you've made in your career to date. They may also focus on responsibilities above relevant skills and how you've used them.
Jobseeker Tip:
Optional Sections
In addition to the core sections of a loan processor resume, there are several optional sections you could include to enhance your chances. Take a look at the sections below and add any that help you show how and why you're right for the job.
Personal Hobbies and Interests
Adding your hobbies and interests is a legitimate way of showing off your skills and personal qualities. These are particularly useful for your resume if you're short of work experience and need to showcase a particular skill or experience. If you're thinking about adding hobbies and interests, just make sure they add something unique to your application, and showcase your personality and interests in unique and interesting ways.
Voluntary Work
If you're lacking relevant loan processor work experience, volunteer work can help to show you still have the relevant skills. Include the title of your volunteer role, who you volunteered for, as well as the dates you carried out the work. Provide brief details of your responsibilities and the impact you made.
References
Standard loan processor resumes don't tend to include references, but you might find them requested occasionally. Check the job advert to see if you'll need to add references to your resume. Be sure to prepare your referees in advance, so they've agreed to provide a reference and are ready to be contacted.
References are available upon request.
Best strong verbs for your a loan processor resume
Using strong action verbs in your work experience bullet points can make a stronger impression on employers and show the value you added to your previous roles. Choose verbs from the suggestions below that highlight your key skills or those mentioned in the job description.
- Processed
- Reviewed
- Analyzed
- Evaluated
- Verified
- Documented
- Coordinated
- Resolved
- Communicated
- Monitored
If you want to create a resume that stands out from the crowd, use Jobseeker's expert-designed resume templates. You can also find cover letter templates that work to get you noticed by employers.
Example of a loan processor resume
Now that you know everything that needs to go into your loan processor resume, let's review an example resume that you can use as a guide when creating your own:
12 Grimmauld Place, Brooklyn, NY
•
chloe.wilson@example.com
•
(111) 222 33 444 55
•
linkedin․com/in/chloe–wilson123
Detail-oriented loan processor with a Bachelor of Science in Finance and extensive experience in mortgage loan processing. Proficient in managing loan applications, verifying financial documents, and ensuring compliance with regulatory standards. Demonstrated ability to streamline loan approval processes, enhance customer satisfaction, and work effectively with underwriters, loan officers, and clients. Strong analytical skills and a solid understanding of financial principles
Mortgage Loan Processor
2020
-2022
Evergreen Mortgage Solutions (San Diego)
- Successfully processed over 200 mortgage loan applications annually, achieving a 98% approval rate
- Reduced loan processing time by 30% through implementation of efficient workflows and automation tools
- Consistently maintained a customer satisfaction rate of 95% by providing exceptional service and clear communication throughout the loan process
Bachelor of Science in Finance
2017
-2020
Georgetown University (Washington, D.C)
Data entry accuracy
FHA/VA regulations
Credit report analysis
Attention to detail
Strong communication skills
Problem-solving abilities
NAMP Loan Processor
Certified Mortgage Processor
English - Fluent
Spanish - B2
Key tips for a loan processor resume
Simple tips for creating a winning resume
- List your qualifications in your education section, including any necessary degrees or certifications, along with high grades.
- Quantify the impact you've made in different roles by offering evidence of your key abilities and your contribution.
- Proofread your resume before sending it, to avoid any unnecessary mistakes that may harm your chances.
- Use a clear resume format with professional elements, including suitable headings, line spacing, fonts and margins, to make your resume as readable as possible for hiring managers.
- Make your loan processor resume short and to-the-point. A length of one page is ideal for junior roles, while two is acceptable for senior applications.
Pitfalls to avoid with your resume writing
- Don't use an email address with offensive, funny or casual connotations. Instead, create a professional email address based on your name.
- Don't list unrelated work experience unless you can show you used skills that are valuable to the job you're applying for.
- Don't use passive language because it can switch off the reader. Adapt phrases like 'the work was completed' to 'I completed the work'.
- Don't use old contact information and always review your resume header to make sure it contains the latest information.
- Don't crowd your loan processor resume with too many unnecessary details. Focus on only the most critical skills and achievements.
Making an ATS-friendly resume
Applicant tracking systems (ATS) help recruiters and employers to manage their hiring process. They can handle some of the more time-consuming and resource-intensive jobs, such as initial screening of resumes. Employers often receive hundreds of applications per vacancy, and ATS software can quickly and accurately scan and rank resumes based on their likely suitability for any role. There are several things you can do when writing your loan processor resume, to give yourself the strongest chance of ranking highly in the ATS stage and progressing through the recruitment process.
Create an ATS-optimized resume by following these quick tips:
- Opt for an established, traditional resume format such as a reverse-chronological or functional structure. These will ensure your resume includes all the necessary details ATS systems scan for.
- Include keywords throughout your resume that align with the job description. ATS software tends to compare your resume to the job description for points of similarity, so careful, considered use of keywords should help your chances of success.
- Using clear, simple headings makes it easier for an ATS application to scan your resume, as it can easily identify what's in each section of your document.
- Adopt a resume design that uses clear, professional design principles and leaves white space for your content to breathe. Use the most readable fonts and incorporate subtle design elements to enhance the readability of your document.
- Adopt simple, professional language to keep your resume as concise as possible. This tends to make your document more readable, and easier for ATS software to scan.
For tips and ideas to help you draft a professional resume to get noticed by employers, read our expert career articles and check out our detailed resume examples.
Frequently Asked Questions about a loan processor resume
Accompanying your resume for loan processor applications, you'll want to produce a cover letter that similarly leaves a positive impression on hiring managers.
Before you write your cover letter, think about whether you need a formal, professional letter or if a brief, less formal email might be more suitable.
If you decide you want to write a traditional cover letter, follow the standard letter-writing conventions around layout and structure. In the main body of the letter, write an opening paragraph to introduce yourself and explain why you're applying for the loan processor role. Your second paragraph is typically where you highlight your key relevant skills and achievements. Finally, close by expressing your enthusiasm for the role and leave a call to action to encourage the hiring manager to make contact with you.
For help creating an eye-catching cover letter that impresses recruiters and hiring managers, use Jobseeker's professional cover letter templates.
For an experienced loan processor application, the objective of your resume is to showcase the many achievements in your career to date. You may wish to include a longer-than-average work experience section in your loan processor resume, to emphasize your career experience to date and showcase relevant achievements in work. In your loan processor resume, think about any optional sections you could add to help prove your standing and reputation in your industry. Sections such as awards, achievements and projects can build a picture of your career successes to date.
A resume headline can catch the attention of the reader and give them a strong first impression about your suitability for loan processor jobs. A well-constructed resume headline can help your resume rank highly with ATS screening tools by referencing some of the key information from the job description. Write a few words to set the tone for your resume, including the job title, your experience or track record and one or two key skills that make you stand out.
Here's an example of a strong resume headline:
- Aspiring Junior Loan Processor Specialist
- Efficient Loan Processing Specialist
- Experienced Senior Loan Processor
The top resume format for your applications will vary according to a couple of factors. First, how much professional experience you have. Second, what type of job you're applying for and its seniority level. For roles where you're lacking experience, such as graduate jobs or career changes, you could use a functional or skills-based resume format. This places your skills and education above your work experience. If, however, you have relevant work experience in the industry, it's typically best to use a reverse chronological resume format. This highlights your achievements in work, which is probably the most important factor for hiring managers to consider.
Key takeaways for your loan processor resume
Writing a strong, impactful resume is about using your experience to demonstrate your relevant skills and achievements. You can do this through your work history or other resume sections. Choose a resume structure that makes the most of your relevant experience, whether through work or other activities, and be sure to tailor your resume to match the job description.
Use Jobseeker's resume templates, other tools and resources to create an application that impresses employers. Sign up today to access a wealth of valuable resume and cover letter resources. Whether you're a junior or senior candidate, a professional cover letter can help to grab the attention of the employer. Jobseeker's cover letter examples were created by careers experts to provide useful tips and ideas for your cover letter.
Sources:
(1) Writing a Resume, California Department of Human Resources: https://www.calhr.ca.gov/employees/Pages/resume-tips.aspx
(2) Resumes, Cover Letters and Job Applications, New York State Department of Labor: https://dol.ny.gov/resumes-cover-letters-and-job-applications
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