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Commercial Loan Processor Jobs (NOW HIRING)

Axos Bank

Commercial Loan Processor

San Diego, CA · On-site

$25 - $30.46/hr

About This Job The Commercial Loan Processor plays a critical role in supporting the lending team by managing the documentation, coordination, and review required to ensure smooth and accurate loan ...

Fidelity Bank

Commercial Loan Processor

Wichita, KS · On-site

$52 - $72/hr

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 work. The candidate for ...

F&M Bank

Lead Commercial Loan Processor

Timberville, VA · On-site

$72K - $75K/yr

F&M is looking for a Lead Commercial Loan Processor to support our commercial banking team while managing an assigned portfolio of client relationships. This is a leadership role that combines ...

CCFBank

Commercial Loan Processor

La Crosse, WI · On-site

$24 - $29/hr

This position serves as a key partner to lenders, credit staff, borrowers, attorneys, title companies, and other stakeholders to ensure commercial loan transactions are processed accurately ...

Southside Bancshares, Inc.

$70 - $90/hr

Senior Commercial Loan Processor Exempt Status : Non-Exempt Reports to : Commercial Loan Processor Supervisor Location: University Center- Fort Worth, TX or Tyler Operations- Tyler, TX * Medical ...

New

CCFBank

Commercial Loan Processor

Eau Claire, WI · On-site

$24 - $29/hr

This position serves as a key partner to lenders, credit staff, borrowers, attorneys, title companies, and other stakeholders to ensure commercial loan transactions are processed accurately ...

CCFBank

Commercial Loan Processor

Mankato, MN · On-site

$24 - $29/hr

This position serves as a key partner to lenders, credit staff, borrowers, attorneys, title companies, and other stakeholders to ensure commercial loan transactions are processed accurately ...

Poppy Bank

Commercial Loan Processor

Santa Rosa, CA

$26.61 - $37.25/hr

Description 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 ...

Poppy Bank

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 ...

Poppy Bank

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.

Southside Bank

SR. Commercial Loan Processor

Tyler, TX · On-site

Commercial Loan Processor Supervisor Location: University Center- Fort Worth, TX or Tyler Operations- Tyler, TX Benefits: * Medical, Prescription Drugs, Dental, and Vision Insurance * Insurance ...

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Commercial Loan Processor information

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$15

$25

$39

How much do commercial loan processor jobs pay per hour?

As of Sep 3, 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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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

Axos Bank

San Diego, CA • On-site

$25 - $30.46/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago

Job description

Axos Bank
Target Range:
$25.00/Hr. - $30.46/Hr.
Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.
Eligible for an Annual Discretionary Cash Bonus Target: 12.5%
Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5%
These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.
About This Job
The Commercial Loan Processor plays a critical role in supporting the lending team by managing the documentation, coordination, and review required to ensure smooth and accurate loan processing. This position requires strong attention to detail, organizational skills, and the ability to work collaboratively with loan officers, underwriters, and other internal departments.
Responsibilities:
  • Review and process commercial loan applications for completeness and accuracy
  • Coordinate with loan officers, underwriters, title companies, and other third parties to collect required documentation
  • Prepare and verify loan documents, including credit memos, approval memos, closing checklists, and funding packages
  • Order and track third-party reports (appraisals, UCC searches, insurance, etc.)
  • Ensure loans are documented and boarded accurately into the core system
  • Monitor loans throughout the processing pipeline to meet internal deadlines and ensure a timely closing
  • Identify and escalate potential issues or missing items to ensure clean, compliant files
  • Maintain clear communication with internal team members and external stakeholders throughout the loan process
  • Assist in post-closing review and resolution of outstanding items

Qualifications:
  • High school diploma or equivalent
  • 1+ year's of experience in commercial loan processing or financial operations
  • Experience reviewing loan documents
  • Strong customer service and communication skills
  • Proficiency in Microsoft Office Suite
  • Ability to manage multiple priorities in a fast-paced environment.
  • High attention to detail and accuracy

Axos Employee Benefits May Include:
  • Medical, Dental, Vision, and Life Insurance
  • Paid Sick Leave, 3 weeks' Vacation, and Holidays (about 11 a year)
  • HSA or FSA account and other voluntary benefits
  • 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
  • Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading

About Axos
Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We're a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.
Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).
Learn more about working at Axos
Pre-Employment Background Check and Drug Test:
All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.
Equal Employment Opportunity:
Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws.
Job Functions and Work Environment:
While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.
The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
E-Verify and Right to Work Notices
Axos participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States. The E-Verify program is an internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.
IER Right to Work Poster (English/Spanish)
E-Verify Participation Poster (English/Spanish)

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