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Commercial Loan Processor Jobs (NOW HIRING)

The Commercial Loan Processor's primary focus is the drafting of accurate loan documents under time-sensitive deadlines to deliver exceptional customer experience. Serving as an essential point of ...

Commercial Loan Processor

Santa Rosa, CA · On-site

$26.61 - $37.25/hr

Job Type Full-time Description The Commercial Loan Processor performs various tasks specifically related to the processing of Commercial Loans, standby letters of credit and Construction type loans.

JOB SUMMARY The Commercial Loan Processor is responsible for reviewing and preparing loan documentation for real estate and non-real estate loans, including commercial, consumer, and SBA loans, as ...

As a Commercial Loan Processor, you are responsible for preparing all documents needed to close a loan and protects the bank's security interest using the information supplied by the commercial ...

The Commercial Loan Processor's primary focus is the drafting of accurate loan documents under time-sensitive deadlines to deliver exceptional customer experience. Serving as an essential point of ...

Commercial Loan Processor

Santa Rosa, CA · On-site

$26.61 - $37.25/hr

The Commercial Loan Processor performs various tasks specifically related to the processing of Commercial Loans, standby letters of credit and Construction type loans. All duties are performed in ...

Commercial Loan Processor

Richland, WA · On-site

$22.92 - $46.18/hr

The Commercial Loan Processor's primary responsibility is to prepare various types of new and renewed commercial, loan documentation. To ensure lien perfection on all collateral, complete loan ...

As a Commercial Loan Processor, you are responsible for preparing all documents needed to close a loan and protects the bank's security interest using the information supplied by the commercial ...

As a Commercial Loan Processor, you are responsible for preparing all documents needed to close a loan and protects the bank's security interest using the information supplied by the commercial ...

As a Commercial Loan Processor, you are responsible for preparing all documents needed to close a loan and protects the bank's security interest using the information supplied by the commercial ...

As a Commercial Loan Processor, you are responsible for preparing all documents needed to close a loan and protects the bank's security interest using the information supplied by the commercial ...

As a Commercial Loan Processor, you are responsible for preparing all documents needed to close a loan and protects the bank's security interest using the information supplied by the commercial ...

As a Commercial Loan Processor, you are responsible for preparing all documents needed to close a loan and protects the bank's security interest using the information supplied by the commercial ...

As a Commercial Loan Processor, you are responsible for preparing all documents needed to close a loan and protects the bank's security interest using the information supplied by the commercial ...

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Commercial LOAN Processor information

See salary details

$15

$25

$39

How much do commercial loan processor jobs pay per hour?

As of Jun 16, 2026, the average hourly pay for commercial loan processor in the United States is $25.96, according to ZipRecruiter salary data. Most workers in this role earn between $20.19 and $30.05 per hour, depending on experience, location, and employer.

What is the difference between Commercial Loan Processor vs Mortgage Loan Processor?

AspectCommercial Loan ProcessorMortgage Loan Processor
CredentialsTypically requires banking or finance experience, sometimes certifications like Loan Processing CertificationOften requires mortgage-specific certifications like MLO license or NMLS registration
Work EnvironmentWorks in commercial banking or lending departments, handling business loan filesWorks in mortgage companies or banks, handling residential loan files
Employer & IndustryCommercial banks, credit unions, lending firmsMortgage lenders, banks, credit unions

The main difference is that Commercial Loan Processors handle business and commercial real estate loans, while Mortgage Loan Processors focus on residential mortgage loans. Both roles require strong attention to detail and knowledge of loan documentation, but they serve different types of clients and industries.

What is the meaning of commercial?

In the context of a commercial loan processor, 'commercial' refers to loans used for business purposes, such as funding for companies, real estate, or equipment. These loans are typically larger and more complex than personal loans and require specialized knowledge of business financials and credit analysis.

What are Commercial Loan Processors?

Commercial Loan Processors are professionals who manage and organize the documentation and administrative steps required for commercial loan applications. They review financial statements, verify borrower information, ensure compliance with regulatory standards, and coordinate between loan officers, underwriters, and clients. Their role is critical in ensuring that all paperwork is accurate and complete so that loans can be approved efficiently. In addition, they help identify and resolve any issues that could slow down the loan approval process.

What are some typical challenges faced by Commercial Loan Processors, and how can they be managed?

Commercial Loan Processors often encounter challenges such as managing tight deadlines, handling complex documentation, and coordinating among multiple stakeholders like underwriters, loan officers, and clients. Staying organized and maintaining clear communication are crucial for managing these demands. Many processors develop effective checklists and utilize specialized loan processing software to track progress and ensure accuracy. Regular collaboration with team members and proactive follow-up with clients also help to reduce bottlenecks and keep the loan process on schedule.

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

To thrive as a Commercial Loan Processor, you need a strong understanding of financial documentation, risk assessment, and lending regulations, typically supported by experience in banking or finance. Familiarity with loan origination systems (LOS), credit analysis software, and compliance tools is essential for efficient and accurate processing. Exceptional organizational skills, attention to detail, and effective communication set top performers apart in this role. These skills and qualities are crucial for ensuring accurate loan processing, minimizing risk, and delivering timely service to clients and financial institutions.

What is the meaning of commercial type?

In the context of a commercial loan processor, 'commercial type' refers to loans that are used for business purposes, such as financing real estate, equipment, or working capital for companies. These loans typically involve more complex underwriting and documentation compared to personal loans and require knowledge of business financials and credit analysis.

Why does commercial mean?

In the context of a commercial loan processor, 'commercial' refers to loans used for business purposes, such as funding for companies, real estate, or equipment. It distinguishes these loans from personal or consumer loans and often involves more complex documentation and underwriting processes.

What Does a Commercial Loan Processor Do?

Commercial loan processors prepare and organize applications for business loans. As a commercial loan processor, you confirm receipt of the application, enter information into the lender’s database, and mail required disclosures and other documentation to the applicant. Other responsibilities include processing withdrawn or denied loans, running credit reports, ensuring fees are paid, and tracking the completion of title policies and deeds. You need to communicate regularly with the loan officers, closing agents, and underwriters throughout the application process.

Does commercial mean paid?

A commercial loan processor is a professional who handles processing business loan applications, and this role is typically paid as a standard employment position. Compensation depends on the employer, location, and experience, and the job usually requires skills in financial analysis and documentation. The role is not unpaid and generally offers salary or hourly wages.
What cities are hiring for Commercial Loan Processor jobs? Cities with the most Commercial Loan Processor job openings:
Who are the top companies hiring for Commercial Loan Processor jobs? The top employers for Commercial Loan Processor jobs are:
What states have the most Commercial Loan Processor jobs? States with the most job openings for Commercial Loan Processor jobs include:
Infographic showing various Commercial Loan Processor job openings in the United States as of June 2026, with employment types broken down into 20% Full Time, 75% Part Time, and 5% Temporary. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $53,998 per year, or $26 per hour.

Commercial Loan Processor

BANK FIRST

Manitowoc, WI • On-site

Other

Posted 14 days ago


Job description

Why Work at Bank First
At Bank First, we're not just a bank-we're a community. Consistently ranked among the top-performing banks in the U.S. and Wisconsin, and recognized by American Banker as one of the "Best Banks to Work For". We combine professional excellence with a culture that truly values people. When you join Bank First, you're joining a team that invests in your growth, supports your well-being, and celebrates your contributions.
Why You'll Love Working Here
Imagine a workplace where:
  • Your career growth is supported through training, mentoring, and advancement opportunities
  • Flexibility allows you to balance work and life without compromise
  • Your contributions directly impact guests and communities you care about
  • You're part of a culture built on respect, collaboration, and empowerment

At Bank First, you don't just fill a role-you make a difference. Every interaction matters, and every team member helps shape the experience our guests love.
The Commercial Loan Processor's primary focus is the drafting of accurate loan documents under time-sensitive deadlines to deliver exceptional customer experience. Serving as an essential point of review prior to closing, you will ensure all files comply with bank policies and regulatory standards to protect both the bank and our customers. In this role, you will gain a comprehensive knowledge of Bank First's commercial loan products including SBA initiatives, letters of credit, agricultural programs, and participations. While you will follow established guidelines, the unique nature of each file will require you to use critical thinking and independent judgement to align the correct loan options with each client's specific needs.
Responsibilities:
  • Loan Processing & Documentation - Partner with Business Service Representatives to review loan requests and prepare accurate documentation.
  • Pre-Closing Compliance - Validate legal entities, signing authority, and collateral lien status while ensuring strict adherence to regulatory standards.
  • Fee Reconciliation - Balance closing statements and disbursements, verifying that all loan fees and pre-closing costs are properly accounted for.
  • Complex Product Expertise - Process advanced financial products, including letters of credit, loan participations, swaps, SBA, and construction loans, while adapting to changing regulatory standards.
  • Record Management - Confirm all pre-closing documents are properly uploaded to guarantee seamless electronic archiving.
  • Data Integrity & HMDA Reporting - Ensure accurate HMDA data entry and compliance with federal reporting requirements within the loan origination software.
  • Wire Transfers - Review and authorize outgoing wires with high attention to detail to prevent errors and ensure policy compliance.
  • Collateral Management - Clear post-closing collateral exceptions upon receipt and verification of required documentation.
  • Construction Loan Onboarding - Set up new construction projects and budgets within the construction management software.
  • Risk Mitigation - Manage the construction draw process by verifying required approvals and critical documentation before releasing project funds.
  • Team Collaboration - Contribute to a supportive, team-oriented work environment by assisting other team members and departments as needed.
  • Compliance and Ethics - Adhere to the bank's Code of Ethics consistently demonstrating high standards of integrity and professionalism in all tasks and interactions.

#INDBF
Education/Experience/Skills:
  • Associate's degree or equivalent in business, finance, or related field preferred
  • 1-3 years of experience with commercial loan documents preferred
  • Proficiency in MS Word, Outlook and Excel
  • Ability to quickly learn specialized loan processing software
  • Strong time management and organization skills

Competencies:
  • Accountability - Willingness and responsibility to accept ownership for actions, decisions, performance and outcomes.
  • Accuracy & Precision - Detect errors early and maintain strict compliance with corporate and regulatory guidelines.
  • Adaptability - Pivot quickly to changing priorities, thriving under time-sensitive deadlines in a fast-paced setting.
  • Communication - Express ideas clearly and professionally, both orally and in writing, across all levels of the organization and with external contacts.
  • Decision Making - Evaluate complex challenges by objectively weighing the benefits and drawbacks of each approach.
  • Detail Oriented - Pay attention to all aspects of a situation or task, ensuring no detail is overlooked.
  • Integrity and Ethics - Display fair, honest, and transparent conduct aligned with company moral standards.
  • Innovative -Go beyond the conventional, try different solutions, and encourage new ideas.
  • Interpersonal- Develop and maintain relationships with others focusing on meeting the client's needs.
  • Problem Resolution - Identify, evaluate, and resolve issues by developing and implementing logical and effective solutions.
  • Process Optimization -Evaluate existing processes and workflows to identify inefficiencies and to drive continuous improvement.
  • Reliability - Being dependable, consistent and trustworthy in performance and behavior.
  • Results Oriented - Drive for excellence, take initiative, and pursue opportunities/growth.
  • Time Management - Prioritize tasks and meet deadlines effectively.

About Bank First
Headquartered in Manitowoc, Wisconsin, Bank First serves communities across Wisconsin and the Illinois Stateline region. Our growth is built on relationship-based banking-getting to know our guests personally and helping them create lasting value.
Our Culture & Vision
We foster curiosity, creativity, and responsiveness while embracing individual differences. Employees are empowered with tools to succeed and supported in their careers. Our vision is to remain the top-performing, independent provider of financial services, delivering personalized solutions and value to guests and communities alike.
Our Values
Relationship Based Community Focused Innovative Solutions Value Driven
Join Bank First and build a career where your contributions matter, your growth is supported, and your work makes a difference every single day.