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Commercial Loan Processor Jobs (NOW HIRING)

gpac

Commercial Loan Processor

Novi, MI · On-site

$55 - $75/hr

A respected community bank is seeking an experienced Commercial Loan Processor to support its growing commercial lending team. This is an immediate opportunity for someone with direct commercial loan ...

Local Bank

Commercial Loan Processor

Tuscaloosa, AL · On-site

The Commercial Loan Processor is responsible for supporting the commercial lending team by managing the processing and documentation of commercial loan applications from origination through closing.

Fidelity Bank

Commercial Loan Processor

Wichita, KS · On-site

COMMERCIAL LOAN PROCESSOR Job Overview: You'd make an excellent Commercial Loan Processor if you consider yourself highly detailed, enjoy puzzles, working with legal documents, and take pride in your ...

Fidelity Bank

Commercial Loan Processor

Wichita, KS · On-site

COMMERCIAL LOAN PROCESSOR Job Overview: You'd make an excellent Commercial Loan Processor if you consider yourself highly detailed, enjoy puzzles, working with legal documents, and take pride in your ...

State Street Bank

Commercial Loan Processor

Quincy, IL · On-site

$41K - $53K/yr

GENERAL DESCRIPTION The Commercial Loan Processor is responsible for receiving and processing new commercial loan submissions; and for providing daily administrative support to the Lender; including ...

BANK FIRST

Commercial Loan Processor

Manitowoc, WI · On-site

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

Bank-First

Commercial Loan Processor

Manitowoc, WI · On-site

$52 - $75/hr

Commercial Loan ProcessorA Commercial Loan Processor is primarily responsible for preparing commercial loan documentation with a high level of accuracy, ensuring timely completion within established ...

Abby Bank

Commercial Loan Processor

Appleton, WI · On-site

Join our Team as a Commercial Loan Processor Join our team as a Commercial Loan Processor and play a key role in supporting our loan department with accuracy and efficiency. We are looking for a ...

BANK FIRST

Commercial Loan Processor

Manitowoc, WI · On-site

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

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Commercial Loan Processor information

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$15

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$39

How much do commercial loan processor jobs pay per hour?

As of Sep 7, 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 a commercial loan processor?

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 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.

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 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 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.

How much do entry level commercial loan processors make?

Entry-level commercial loan processors typically earn between $40,000 and $55,000 annually, depending on location and employer. Starting salaries may increase with relevant skills such as financial analysis and familiarity with loan processing software.

Is a commercial loan processor a difficult job?

A commercial loan processor's job involves reviewing and verifying loan documentation, ensuring accuracy, and complying with regulations, which can be detail-oriented and require strong organizational skills. The difficulty level depends on workload, complexity of loans, and experience, but it generally requires attention to detail and the ability to handle multiple tasks efficiently.
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What cities are hiring for Commercial Loan Processor jobs?

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What states have the most Commercial Loan Processor jobs?

States with the most job openings for Commercial Loan Processor jobs include:

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The top searched job categories for Commercial Loan Processor jobs are:

What are popular job titles related to Commercial Loan Processor jobs?

For Commercial Loan Processor jobs, the most frequently searched job titles are:

Commercial Loan Processor jobs near you
Infographic showing various Commercial Loan Processor job openings in the United States as of August 2026, with employment types broken down into 91% Full Time, 7% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $53,998 per year, or $26 per hour.

Commercial Loan Processor

gpac

Novi, MI • On-site

$55 - $75/hr

Other

Posted 5 days ago

Job description

A respected community bank is seeking an experienced Commercial Loan Processor to support its growing commercial lending team. This is an immediate opportunity for someone with direct commercial loan processing experience who can step in and contribute quickly.

Requirements
  • At least two years of commercial loan processing or commercial loan operations experience with a bank, credit union or financial institution.
  • Strong knowledge of commercial loan documentation, closing procedures and regulatory requirements.
  • Ability to work independently, manage competing deadlines and learn internal systems quickly.
  • Excellent attention to detail, organization, communication and customer-service skills.
Responsibilities
  • Gather, prepare and review documentation for commercial loan closings.
  • Coordinate closing requirements with lenders, attorneys, title companies and internal departments.
  • Process new commercial loans, renewals, modifications and ongoing loan maintenance.
  • Maintain accurate, complete and compliant loan files while supporting lenders and customers.
Why You’ll Love This Opportunity
  • Immediate opening with a streamlined interview and hiring process.
  • Competitive compensation and a comprehensive benefits package.
  • Stable, relationship-focused community bank with a collaborative culture.
  • Opportunity to make an immediate impact and build a long-term banking career.
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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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