ZipRecruiter

Log In

1

Consumer Loan Processor Jobs (NOW HIRING)

MA Bank

Consumer Loan Processor

Macon, MO · On-site

$16 - $20/hr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

P RIMARY PURPOSE OF JOB The Consumer Loan Processor I position is responsible for coordinating the flow and origination of primarily consumer loan documents with the Consumer Loan Officer and ...

Robert Half

Consumer Loan Processor

Poughkeepsie, NY · On-site

$20 - $26/hr

We are looking for a detail-oriented Consumer Loan Processor to join a fully on-site team in New York. This contract opportunity is expected to run for approximately 3-4 months and offers the chance ...

Mass Bay Credit Union

Consumer Loan Processor

Boston, MA · On-site

$20.75 - $25.75/hr

Consumer Loan Processor Under the supervision of the Department Manager, processes consumer loans on a timely and accurate basis and provides a consistently high level of quality service to members ...

UFCU

Consumer Loan Processor

Saint Joseph, MI

$18 - $22.50/hr

The Consumer Loan Processor will also evaluate and recommend improvements to departmental procedures and maintain knowledge of Credit Union products and services. Essential Functions, in Priority ...

MA Bank

Consumer Loan Processor

Macon, GA · On-site

$18.25 - $22.75/hr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

Consumer Loan Processor The primary purpose of the job is to coordinate the flow and origination of primarily consumer loan documents with the Consumer Loan Officer and provide excellent customer ...

S&T Bancorp Inc

Consumer Loan Processor

Columbus, OH · On-site

$17.75 - $22.25/hr

Consumer Loan Processor Function: Responsible for the processing of consumer loans, communication with Retail Bankers and ensuring compliance of consumer loan applications in accordance with S&T Bank ...

Glacier Bancorp

Consumer Loan Processor

Spokane, WA · On-site

$20.68 - $31.01/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Consumer Loan Processor The Consumer Loan Processor is responsible for gathering, analyzing and interpreting supporting information for consumer loan applications. The position prepares Consumer ...

University Bank

Consumer Loan Processor

Ann Arbor, MI · On-site

$18.50 - $23.25/hr

Description General Job Summary The Consumer Loan Processor is the primary support to the AVP/Consumer Loan Manager and Consumer Loan Officers. Primary functions include pipeline management with a ...

Mass Bay Credit Union

Consumer Loan Processor

Boston, MA · On-site

$24.79 - $30.30/hr

Under the supervision of the Department Manager, processes consumer loans on a timely and accurate basis and provides a consistently high level of quality service to members and potential members in ...

University Bancorp

Consumer Loan Processor

Ann Arbor, MI · On-site

$18.50 - $23.25/hr

General Job Summary The Consumer Loan Processor is the primary support to the AVP/Consumer Loan Manager and Consumer Loan Officers. Primary functions include pipeline management with a focus on ...

University Bank

Consumer Loan Processor

Ann Arbor, MI · On-site

$18.50 - $23.25/hr

General Job Summary The Consumer Loan Processor is the primary support to the AVP/Consumer Loan Manager and Consumer Loan Officers. Primary functions include pipeline management with a focus on ...

next page

Showing results 1-20

All JobsConsumer Loan Processor Jobs

Consumer Loan Processor information

See salary details

$15

$20

$27

How much do consumer loan processor jobs pay per hour?

As of Aug 15, 2026, the average hourly pay for consumer loan processor in the United States is $20.70, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $22.84 per hour, depending on experience, location, and employer.

Is a consumer loan processor a difficult job?

A consumer loan processor's job involves reviewing loan applications, verifying information, and ensuring compliance with lending policies, which requires attention to detail and organizational skills. The difficulty level depends on workload, complexity of cases, and familiarity with loan processing software, but it generally involves routine tasks and clear procedures.

What does a consumer loan processor do?

A consumer loan processor is responsible for preparing and organizing loan application paperwork to ensure files are ready for review by the lender. As a consumer loan processor, you interview applicants, gather information, and review records for completeness during the loan application process. To become a consumer loan processor, you typically need at least a high school diploma or GED certificate and on-the-job training. Some employers prefer candidates to have a bachelor’s degree in finance, economics, or a related field. Additional qualifications include strong interpersonal skills, attention to detail, and experience with banking software.

How do consumer loan processors get paid?

Consumer loan processors typically earn an hourly wage or a salary, often with additional compensation such as bonuses or commissions based on loan volume or performance. They may also receive benefits like health insurance and paid time off, depending on the employer. Compensation structures can vary by company and location, and some roles may include incentives tied to processing efficiency or accuracy.

What is a consumer loan processor?

Consumer Loan Processors are professionals who review, verify, and process loan applications for individuals seeking personal, auto, or other consumer loans. They ensure that all required documentation is complete and accurate, assess applicant eligibility, and work closely with loan officers, underwriters, and clients throughout the approval process. Their attention to detail and understanding of lending regulations help ensure loans are processed efficiently and in compliance with financial institution policies.

What are some common challenges faced by consumer loan processors, and how can they be overcome?

Consumer Loan Processors often manage multiple loan files simultaneously, which requires excellent organizational skills and attention to detail. A common challenge is ensuring all documentation is accurate and complete to avoid delays in loan approvals. Effective communication with loan officers, borrowers, and underwriters is essential to resolve issues quickly. Staying updated on changing regulations and lender requirements also helps processors maintain compliance and efficiency.

What qualifications do I need to be a consumer loan processor?

A consumer loan processor typically needs a high school diploma or equivalent, with some employers preferring post-secondary education or relevant coursework. Strong attention to detail, good organizational skills, and familiarity with loan processing software are important, and prior experience in banking or finance can be beneficial.

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

AspectConsumer Loan ProcessorMortgage Loan Processor
Required CredentialsHigh school diploma, sometimes additional certificationsHigh school diploma, mortgage-specific certifications often preferred
Work EnvironmentBank branches, loan offices, online platformsMortgage companies, banks, real estate offices
Employer & Industry UsageRetail banking, credit unions, online lendersMortgage lenders, banks, real estate firms
Comparison Search IntentYesYes

Consumer Loan Processors and Mortgage Loan Processors both handle loan documentation and verification, but they focus on different loan types. Consumer Loan Processors typically work with personal, auto, or credit card loans, while Mortgage Loan Processors specialize in home loans. Despite differences, both roles require strong attention to detail, customer service skills, and familiarity with loan regulations.

What are the key skills and qualifications needed to thrive as a consumer loan processor, and why are they important?

To thrive as a Consumer Loan Processor, you need a solid understanding of loan products, financial documentation, and regulatory compliance, often supported by experience in banking or finance. Familiarity with loan origination systems, credit reporting tools, and document management software is typically required. Attention to detail, strong organizational skills, and effective communication set top performers apart in this role. These skills ensure loans are processed accurately and efficiently, minimizing errors and ensuring a smooth experience for both clients and lenders.
More about Consumer Loan Processor jobs

What cities are hiring for Consumer Loan Processor jobs?

Cities with the most Consumer Loan Processor job openings:

Who are the top companies hiring for Consumer Loan Processor jobs?

The top employers for Consumer Loan Processor jobs are:

What states have the most Consumer Loan Processor jobs?

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

What job categories do people searching Consumer Loan Processor jobs look for?

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

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

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

Consumer Loan Processor jobs near you
Infographic showing various Consumer Loan Processor job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 11% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $43,048 per year, or $20.7 per hour.

Consumer Loan Processor

United Federal Credit Union

Saint Joseph, MI • On-site

$18 - $22.50/hr

Other

Posted 7 days ago

Job description

Consumer Loan Processor

The Consumer Loan Processor is responsible for supporting all equity and indirect loan processing activities, ensuring that loan applications are complete, accurate, and compliant with Credit Union guidelines and regulations. This role involves preparing documentation for underwriting and closing reviews, maintaining professional relationships with internal and external stakeholders, and processing both equity and indirect consumer loans. The Consumer Loan Processor will also evaluate and recommend improvements to departmental procedures and maintain knowledge of Credit Union products and services.

Essential Functions, in Priority Order:

  1. Responsible for providing support for all consumer loan processing duties. Review loan applications for accuracy and completeness, clarify missing or questionable information, and prepare files for closing and funding. Communicate loan status to involved parties. Time: 35%
  2. Process, compile, and maintain documentation for indirect consumer loans, ensuring compliance with guidelines. Verify loan and membership documentation for accuracy and compliance prior to funding. Time: 25%
  3. Establish and maintain professional relationships with members, mortgage professionals, network dealers, and internal staff. Communicate with dealers to obtain accurate information during the application process and collect required documentation for consumer loan funding. Time: 15%
  4. Stay current with regulatory updates and complete required training as directed by management. Maintain a working knowledge of all Credit Union products and services related to both equity and consumer loans. Time: 10%
  5. Track dealer incentives and ACH funding for consumer loans, issue incentive checks, and maintain dealer reserve chargeback tracking and billing reports. Time: 10%
  6. Evaluate and recommend improvements to departmental processes and procedures for both equity and consumer loan operations. Time: 5%

Education: High school diploma or equivalent required.

Experience: In addition to the education requirement: Minimum of one year's experience in financial industry or real estate required. MLS registration required upon hire.

Knowledge, Skills and Abilities: Computer literacy. Detail oriented. Excellent oral skills. Good written communication skills. Positive attitude.

Required Competencies: Problem Solving. Dealing with Ambiguity. Time Management. Demonstrates Courage. Drive for Results. Interpersonal Savvy. Customer Focus. Integrity and Trust. Self-Development. Business Acumen.

Mental Requirements: Ability to work under pressure. Proven problem-solving abilities. Ability to analyze and evaluate information. Ability to interpret policies, guidelines, and regulations. Ability to concentrate in a multi-task environment.

Physical Demands: Work involves standing and walking for brief periods of time, but most work is done from a seated position. Must have mobility to move throughout the Credit Union, as necessary. There is potential for eyestrain from reading the computer screen. Deadlines, workloads, and pressure to achieve goals may cause increased stress levels.

Working Conditions: Internal - Work is normally performed in climate-controlled office environment, where exposure to conditions of extreme heat/cold, poor ventilation, fumes and gases is limited. Noise level is moderate and includes sounds of normal office equipment (computers, telephones, etc.). No known environmental hazards are encountered in normal performance of duties. Length of day is unpredictable; long hours may be required to accommodate deadlines or special meetings. External - Some travel may be required; however, information on environmental conditions is not available.

EOE/Vets/Disability

Apply