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Bank Loan Processor Jobs (NOW HIRING)

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Bank Loan Processor

O Fallon, IL · On-site

$17.50 - $23.25/hr

Loan Processing, Laser Pro and other banking services experience is preferred. Qualified and career-minded individuals please mail your resume to: H.R. Dept., P.O. Box 1626, O'Fallon, Illinois 62269 ...

Loan Processor

Coalgate, OK

$16 - $21.50/hr

Participate in and support the Bank's loan processing functions. Position Responsibilities: * Process consumer and commercial loans Knowledge, Skills and Abilities Preferred * Loan processing ...

Loan Processor II

Omaha, NE · On-site

$18.50 - $24.50/hr

Company Overview Core Bank is a high-performing, tech-forward community bank serving Omaha and ... Position Summary The Loan Processor II is responsible for processing, preparing, and reviewing ...

Loan Processing Associate

Madison, WI · Hybrid

$19 - $25.25/hr

Join the growing team at First Business Bank as a Commercial Loan Processor - Hybrid! This position has a Hybrid Work Model: 2 days per week at our Madison, WI location. This role provides ...

Loan Processing Associate

Madison, WI · Hybrid

$19 - $25.25/hr

Join the growing team at First Business Bank as a Commercial Loan Processor - Hybrid! This position has a Hybrid Work Model: 2 days per week at our Madison, WI location. This role provides ...

Since 1973, East West Bank has served as a pathway to success. With multiple locations across the U ... The Loan Processor is responsible for supporting the community lending loan processing function by ...

Loan Processing Associate

Madison, WI · Hybrid

$19 - $25.25/hr

Join the growing team at First Business Bank as a Commercial Loan Processor - Hybrid! This position has a Hybrid Work Model: 2 days per week at our Madison, WI location. This role provides daytoday ...

Loan Processor

El Monte, CA · On-site

$20/hr

Introduction Since 1973, East West Bank has served as a pathway to success. With multiple locations ... The Loan Processor is responsible for supporting the community lending loan processing function by ...

Loan Processor

El Monte, CA · On-site

$20 - $31/hr

Since 1973, East West Bank has served as a pathway to success. With multiple locations across the U ... The Loan Processor is responsible for supporting the community lending loan processing function by ...

Are you looking to launch your career in banking and commercial lending? We are seeking a motivated, detail-oriented Commercial Loan Processor to join a growing commercial lending team. This is an ...

Loan Processor

El Monte, CA · On-site

$20/hr

Introduction Since 1973, East West Bank has served as a pathway to success. With multiple locations ... The Loan Processor is responsible for supporting the community lending loan processing function by ...

Loan Processing Associate III

Leawood, KS · On-site

$18.25 - $24.25/hr

Commercial Loan Processor - Hybrid Join the growing team at First Business Bank as a Commercial Loan Processor - Hybrid! This position has a Hybrid Work Model: 1 day per week at our Leawood, KS ...

New

Loan Processor

Spencer, MA · On-site

$28.85 - $32.80/hr

About Cornerstone Bank Cornerstone Bank was established in 2017, built on a legacy of community ... We are seeking a detail-oriented and customer-focused Loan Processor to support our mortgage ...

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Bank Loan Processor information

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How much do bank loan processor jobs pay per hour?

As of Jul 12, 2026, the average hourly pay for bank 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 Bank Loan Processors?

Bank Loan Processors are professionals who manage and organize the paperwork and documentation required for loans at financial institutions. They review loan applications, verify financial information, ensure all required documents are complete, and coordinate between applicants, loan officers, and underwriters. Their work is crucial in ensuring loans are processed accurately and efficiently, helping both banks and customers navigate the lending process smoothly.

Is it hard to become a loan processor?

Becoming a bank loan processor typically requires a high school diploma or equivalent, strong organizational skills, and attention to detail. Some employers prefer candidates with experience in banking or finance, and familiarity with loan processing software can be beneficial. The role often involves on-the-job training and can lead to advancement within financial institutions.

How much do processors get paid?

Bank loan processors typically earn an average salary ranging from $35,000 to $55,000 per year, depending on experience, location, and employer. Entry-level processors may start at lower wages, while experienced professionals with certifications can earn higher salaries. Many positions also offer benefits such as health insurance and retirement plans.

What are some common challenges faced by Bank Loan Processors, and how can they be managed effectively?

Bank Loan Processors often encounter challenges such as tight deadlines, managing a high volume of applications, and ensuring all documentation complies with regulatory requirements. Staying organized and maintaining clear communication with applicants, loan officers, and underwriters can help manage workloads and prevent errors. Adopting efficient tracking systems and proactively following up on outstanding documents are key strategies for success in this fast-paced environment.

What does a loan processor do at a bank?

A bank loan processor reviews and verifies loan applications, ensuring all required documentation is complete and accurate. They assess borrower information, coordinate with underwriters, and prepare files for approval or denial, often using loan processing software. Attention to detail and knowledge of lending regulations are essential for this role.

What are the key skills and qualifications needed to thrive as a Bank Loan Processor, and why are they important?

To thrive as a Bank Loan Processor, you need strong attention to detail, analytical skills, and knowledge of loan documentation, usually supported by a high school diploma or associate degree in finance or a related field. Familiarity with loan origination systems, credit analysis tools, and compliance software is typically required. Exceptional organizational skills, clear communication, and customer service orientation help you manage multiple applications and interact effectively with clients and colleagues. These abilities are crucial for ensuring accurate processing, regulatory compliance, and a positive customer experience.

How much does a loan officer make on a $500,000 loan?

A loan officer's commission or earnings on a $500,000 loan typically depend on the lender's commission structure, which often ranges from 0.5% to 1% of the loan amount. This means a loan officer could earn between $2,500 and $5,000 for processing such a loan, in addition to base salary and bonuses. Compensation varies based on experience, location, and the institution's policies.
More about Bank Loan Processor jobs
What states have the most Bank Loan Processor jobs? States with the most job openings for Bank Loan Processor jobs include:
Infographic showing various Bank Loan Processor job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 16% Part Time, and 1% Contract. 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.

Bank Loan Processor

Independent Community Bank

O Fallon, IL • On-site

$17.50 - $23.25/hr

Full-time

Medical, Life, Retirement, PTO

Re-posted 22 days ago

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Job description

This Full-Time position requires an energetic, motivated, dedicated, detail oriented, and reliable individual with good math and communication skills as well as a friendly and positive team attitude.

Loan Processing, Laser Pro and other banking services experience is preferred.

Qualified and career-minded individuals please mail your resume to: H.R. Dept., P.O. Box 1626, O'Fallon, Illinois 62269-1626. EOE

Company Description

Independent Community Bank since 1959.