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Bank Loan Processor Jobs (NOW HIRING)

gpac

Loan Processor

New Orleans, 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 ...

gpac

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 ...

gpac

Loan Processor

Metairie, LA

$17.25 - $23/hr

Loan Processor A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote. This role demands a strong ...

gpac

Loan Processor

Baton Rouge, LA

$14.75 - $19.50/hr

Loan Processor A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote. This role demands a strong ...

gpac

Loan Processor

Prairieville, LA

$17 - $22.75/hr

Loan Processor A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote. This role demands a strong ...

First Business Bank

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 ...

CORE BANK

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 ...

First Business Bank

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 ...

gpac

Loan Processor

Plaquemine, LA

$18.50 - $24.50/hr

Loan Processor A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote. This role demands a strong ...

City National Bank

Loan Processor II

Miami, FL

$18 - $24/hr

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

New

First Business Bank

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 ...

Kensington Bank

Loan Processor

Cokato, MN · On-site

$22 - $26/hr

At Kensington Bank, we believe banking is more than transactions - it's about building meaningful ... What You'll Do As a Loan Processor, you'll play a key role in supporting our Lending department ...

Fleetwood Bank

Loan Processor

Fleetwood, PA · On-site

$17 - $20/hr

Fleetwood Bank is currently seeking a full-time Loan Processor At Fleetwood Bank, we believe banking should be personal & rooted in trust. For over 100 years we've been more than a financial ...

Dieterich Bank

Loan Processor

Effingham, IL · On-site

$17 - $22/hr

Dieterich Bank is looking for a Central Loan Processor to add to our corporate team in Effingham, IL. The Central Loan Processor is responsible for producing accurate loan documents on a timely basis.

Kensington Bank

Loan Processor

Cokato, MN

$22 - $26/hr

At Kensington Bank, we believe banking is more than transactions - it's about building meaningful ... What You'll Do As a Loan Processor, you'll play a key role in supporting our Lending department ...

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Bank Loan Processor information

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$30

How much do bank loan processor jobs pay per hour?

As of Jun 14, 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:
What job categories do people searching Bank Loan Processor jobs look for? The top searched job categories for Bank Loan Processor jobs are:
Bank Loan Processor jobs near you
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.
Loan Processor

Loan Processor

gpac

New Orleans, LA

$17.25 - $23/hr

Other

Posted 17 days ago

Job description

Job Description
LOAN PROCESSOR
Loan Processor
A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote.
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 conducting credit investigations, preparing documents, and onboarding loans. Additionally, you will support the Loan Department with various tasks and special projects related to both new and existing loan customers.
Responsibilities:
  • Provide comprehensive support to the Loan Department in managing customer loans. Tasks include running credit reports, retrieving flood determinations, ordering appraisals and title work, and conducting account research as needed.
  • Assist lending officers with the preparation of pre-funding documents, HMDA data collection, loan documentation checklists, and utilizing external resources like the Military Lending Account and Geocoding to ensure proper loan package submissions to the Loan Processing department.
  • Ensure proper preparation of loan disbursement entries (such as cashier’s checks, deposits, and wire transfers) on the signing date, in line with instructions from the Lender.
  • Process payments to third-party vendors, including appraisers, insurance companies, and title insurers.
  • Manage collateral perfection duties, such as recording mortgages, UCCs, CNS filings, and managing titled units.
  • Oversee and maintain loan files for customers.
  • Monitor and update the loan system to ensure customer financial data is current and that collateral is secured. Key items tracked include mortgages, title policies, UCC filings, lien cards, collateral insurance, customer financial statements, and more.
  • Handle document imaging for complete loan files.
  • Process loan payoff requests and payments.
  • Monitor the loan payoff report to ensure all necessary actions are taken to close out loans and release collateral per the lender's direction.
  • Prepare routine letters, reports, and forms.
  • Offer support across all areas of the office as needed.
  • Provide excellent customer service for inquiries related to customer deposit account balances, loan balances, and payoff requests.
  • Maintain adequate supplies in the loan support area, including refilling copiers, fax machines, and printers, and ensuring the relevance of marketing materials and publications in customer access areas and the bank lobby.
  • Generate adverse action notices when required and maintain existing loans within the iCore system.
Qualifications:
  • Keep updated on banking regulations and industry standards.
  • Proficient with LaserPro, the bank’s loan processing software.
  • Familiar with the operational functions of the iCore system.
  • Detail-oriented with a high level of accuracy.
  • Strong problem-solving and critical thinking skills.
  • Ability to identify and resolve system errors.
  • Mathematical aptitude and the capability to perform calculations as needed.
  • Attend department meetings and training sessions as required.
  • High School Diploma.

*For consideration, please send your resume in confidence to wendy.hicks@gogpac.com or call 605-403-5157
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.
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About GPAC

Sourced by ZipRecruiter

GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.

Industry

Recruiting and staffing services

Company size

51 - 200 Employees

Headquarters location

Sioux Falls, SD, US

Year founded

1990

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