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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

Tulsa, OK

$17 - $22.75/hr

Primary Responsibilities as of a Loan Processor at Blue Sky Bank: * Process and prepares commercial, consumer, and real estate loans using Laser Pro and Decision Pro. * Order real estate title work ...

Loan Processor

Tulsa, OK · On-site

$17 - $22.75/hr

Primary Responsibilities as of a Loan Processor at Blue Sky Bank: * Process and prepares commercial, consumer, and real estate loans using Laser Pro and Decision Pro. * Order real estate title work ...

Loan Processor

Tulsa, OK

$16.25 - $21.75/hr

Primary Responsibilities as of a Loan Processor at Blue Sky Bank: * Process and prepares commercial, consumer, and real estate loans using Laser Pro and Decision Pro. * Order real estate title work ...

Loan Processor

Miami, FL

$18 - $24/hr

Loan Processor Job ID 2026-6033 Category Loan Services Type Full-Time Workplace policy Hybrid ... Prepares all bank forms required for the closing and performs all tasks required to comply with ...

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 ...

Bank Loan Assistant

Sioux City, IA · On-site

$37K - $46K/yr

They assist and coordinate with internal and external parties involved in the loan process to ... BENEFITS Availa Bank offers a rich selection of benefits you can personalize to support you and ...

Bank Loan Assistant

Sioux City, IA

$37K - $46K/yr

BANK LOAN ASSISTANT POSITION SUMMARY This position is responsible for assisting the banks' lending ... They assist and coordinate with internal and external parties involved in the loan process to ...

Job Loan Processor

Miami, FL

$18 - $24/hr

Loan Processor The Loan Processor processes and closes different types of business, consumer loans ... Prepares all bank forms required for the closing and performs all tasks required to comply with ...

Bank Loan Assistant

Sioux City, IA · On-site

$37K - $46K/yr

They assist and coordinate with internal and external parties involved in the loan process to ... BENEFITS Availa Bank offers a rich selection of benefits you can personalize to support you and ...

Loan Processor

Lafayette, LA

$18 - $23.75/hr

This role demands a strong understanding of banking regulations, especially in the lending sector. You will be responsible for processing loan requests efficiently and accurately, including ...

Loan Processor II

Omaha, NE

$18 - $24/hr

Loan Processor II Corporate Headquarters - Omaha, NE 68118 Overview Position Type Full Time ... This position supports the bank's lending functions by coordinating documentation, clearing ...

Loan Processor

Lake Charles, LA

$17.25 - $23/hr

This role demands a strong understanding of banking regulations, especially in the lending sector. You will be responsible for processing loan requests efficiently and accurately, including ...

Loan Processor

Alexandria, LA

$17.25 - $23/hr

This role demands a strong understanding of banking regulations, especially in the lending sector. You will be responsible for processing loan requests efficiently and accurately, including ...

Loan Processor

Coral Gables, FL · On-site

$18 - $24/hr

About the Role The Loan Processor processes and closes different types of business, consumer loans ... Prepares all bank forms required for the closing and performs all tasks required to comply with ...

Loan Processor

Shreveport, LA

$15.50 - $20.50/hr

This role demands a strong understanding of banking regulations, especially in the lending sector. You will be responsible for processing loan requests efficiently and accurately, including ...

Loan Processor

Bossier City, LA

$14.25 - $18.75/hr

This role demands a strong understanding of banking regulations, especially in the lending sector. You will be responsible for processing loan requests efficiently and accurately, including ...

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Bank Loan Processor information

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How much do bank loan processor jobs pay per hour?

As of Jun 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.

Will MLO be replaced by AI?

A Mortgage Loan Originator (MLO) is a professional who helps clients navigate the mortgage process, and AI technology is increasingly used to automate tasks like data collection and initial application processing. However, the role still requires human judgment, communication skills, and regulatory knowledge, making complete replacement unlikely in the near future.

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. Compensation often includes 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 evaluate 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 compensation on a $500,000 loan typically includes a commission or fee, which can range from 0.5% to 2% of the loan amount, resulting in $2,500 to $10,000. The exact amount depends on the lender, the loan type, and the officer's commission structure, with additional bonuses or salary often part of overall earnings.
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 June 2026, with employment types broken down into 1% As Needed, 98% Full Time, and 1% Part Time. Highlights an 95% Physical, 3% Hybrid, and 2% 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

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.