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Auto Loan Processor Jobs (NOW HIRING)

As a Senior Loan Processor, Auto at Upstart, you will review and verify applications that require manual evaluation beyond instant AI approvals. You'll assess income and supporting documentation ...

As a Senior Loan Processor, Auto at Upstart, you will review and verify applications that require manual evaluation beyond instant AI approvals. You'll assess income and supporting documentation ...

Consumer Loan Processor

Riverside, CA · On-site

$19.75 - $24.75/hr

Executes funding for selected indirect auto loans and escalates exceptions or non standard scenarios to higher level processors. * Initiates additional or second loan review to Loan Officers, after ...

Consumer Loan Processor

Tustin, CA · On-site

$20 - $25/hr

Executes funding for selected indirect auto loans and escalates exceptions or non standard scenarios to higher level processors. * Initiates additional or second loan review to Loan Officers, after ...

Prepare and review loan documentation for consumer and auto loans to ensure accuracy, completeness ... Process funding requests and finalize loan disbursement in accordance with internal controls and ...

New

Loan Processor

Moorefield, WV · On-site

$18 - $24/hr

Process and review Auto Debits and Interest Extensions. * Prepare, scan and release certain items both through Capture and PDF files. * File notes and loan folders. * Handle questions and requests on ...

Process and perfect collateral liens (e.g., auto titles, UCC filings, account holds on Certificate ... Reviews loan documentation to ensure information is complete; follows up to obtain missing data ...

Vision insurance Summary/Objective The Loan Processor produces consumer and/or commercial loan ... Set up auto transfer payments for loans • Participation payments • Loan unposted • ACH ...

Process consumer and/or commercial loan applications in a timely manner Book commercial and ... auto transfer payments for loans Participation payments Loan unposted ACH returns Order payment ...

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Auto Loan Processor information

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$13

$21

$30

How much do auto loan processor jobs pay per hour?

As of Jun 8, 2026, the average hourly pay for auto loan processor in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What are the most common challenges faced by Auto Loan Processors, and how can they be managed effectively?

Auto Loan Processors often face challenges such as handling high volumes of loan applications, ensuring all documentation is accurate and complete, and adhering to strict regulatory and compliance standards. To manage these, it’s important to stay organized, keep up-to-date with lending regulations, and maintain clear communication with both applicants and team members. Utilizing efficient loan origination systems and developing strong attention to detail can significantly ease workload pressures. Many employers support ongoing training to help processors stay current with industry practices, making the environment dynamic and fostering professional growth.

What are the key skills and qualifications needed to thrive in the Auto Loan Processor position, and why are they important?

To thrive as an Auto Loan Processor, candidates should possess strong attention to detail, knowledge of lending regulations, and experience in financial documentation, often supported by a high school diploma or equivalent. Proficiency with loan origination systems (LOS), underwriting platforms, and basic office software is commonly required, along with familiarity with relevant industry certifications being a plus. Effective communication, organizational skills, and the ability to manage tight deadlines help set top performers apart in this field. These skills are crucial to ensure accuracy, regulatory compliance, and timely processing of auto loan applications.

What is an Auto Loan Processor job?

An Auto Loan Processor is responsible for reviewing and verifying auto loan applications to ensure accuracy and compliance with lending guidelines. They gather necessary documentation, communicate with applicants and lenders, and process loan approvals or denials. Their role involves checking credit reports, calculating loan terms, and ensuring all paperwork is completed correctly. Attention to detail and knowledge of loan regulations are essential for this position.

More about Auto Loan Processor jobs
What cities are hiring for Auto Loan Processor jobs? Cities with the most Auto Loan Processor job openings:
What are the most commonly searched types of Auto Loan Processor jobs? The most popular types of Auto Loan Processor jobs are:
What states have the most Auto Loan Processor jobs? States with the most job openings for Auto Loan Processor jobs include:
Infographic showing various Auto Loan Processor job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 88% Full Time, and 11% Part Time. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
Consumer Loan Processor

$20 - $25/hr

Full-time

Posted 9 hours ago


SchoolsFirst Federal Credit Union rating

8.6

Company rating: 8.6 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

We're always looking for diverse, talented, service-oriented people to join our exceptional team.
Consumer Loan Processor
The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity.
Pay Range:
$22.33 - $32.38
Scheduled Weekly Hours:
40
What You'll Be Doing
Responsible for communicating loan decisions to Members who have applied or have been pre-approved for consumer loan products in order to promote and advise Members of the benefits of SchoolsFirst FCU's loan products and/or services. Assists Members with general questions about the process to fund their loans and auto buying services available to them.
  • Communicates consumer loan decisions to Members and advises them of loan stipulations for loan approvals and counter offers.
  • Provides phone support to partner dealerships and front line teammembers.
  • Executes funding for selected indirect auto loans and escalates exceptions or non standard scenarios to higher level processors.
  • Initiates additional or second loan review to Loan Officers, after discussion with Member about their loan decision.
  • Provides consultative services to Members regarding Credit Union products and services, ancillary products and auto buying programs by assessing the Member's needs, addressing their concerns and gaining agreement.
  • When requested, takes additional loan applications and may assist with consumer loan application fundings.
  • Provides world class personal service to Members by assisting with consumer loan products and services in a caring, friendly, courteous and professional manner.
  • Complies will all requirements of the Consumer Loan department's Standard Operating Procedures (SOP), including contacting Members and advising them of reasons for declined loan requests.
  • Processes incoming dispatches and responds to dealer messages.

Additional Job Functions
  • Performs other duties as assigned
  • Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions

Qualifications
  • High School Diploma or GED required
  • less than 1 year of prior related experience required

Knowledge, Skills, and Abilities
  • Ability to learn and demonstrate technical knowledge of SchoolsFirst FCU auto buying programs and ancillary products

SchoolsFirst FCU is committed to Diverse, Equitable, and Inclusive Hiring
At SchoolsFirst FCU we are dedicated to building and growing a diverse, inclusive, and authentic Dream Team, so if you're excited about a position or wanting to make a career change but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. Many skills are transferrable and you may be just the right candidate for the position, or for other roles we are working on.
SchoolsFirst Federal Credit Union is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. SchoolsFirst FCU is an equal opportunity employer and prohibits discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibits discrimination against all individuals based on their race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, political affiliation, or genetic information.
This organization participates in E-Verify.