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Consumer Loan Processor Jobs (NOW HIRING)

Description The Consumer Loan Processor performs consumer loan processing functions including document collection and organization, auditing, and quality assurance. The Processor works in alignment ...

Consumer Loan Processor

Spokane, WA · On-site

$20.68 - $31.01/hr

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

CONSUMER LOAN PROCESSOR

Carson City, NV · On-site

$20.19 - $28.13/hr

Consumer Loan Processor is responsible for ensuring the accurate and timely funding and disbursement of consumer loans (auto, personal, unsecured, secured, etc.). This role verifies loan ...

Consumer Loan Processor

Charlotte, NC · On-site

$18.50 - $23.25/hr

Consumer Loan Processor Location: 3700 South Blvd. Suite 400 Charlotte, NC 28209 OR 1400 Yanceyville Street Greensboro, NC 27405 Job Grade: 7 Working at Skyla Credit Union Skyla offers a supportive ...

Consumer Loan Processor

Ogden, UT

$18.50 - $23.25/hr

WHAT YOU CAN EXPECT Our Consumer Loan Processors eagerly assists members with credit card, auto, RV and home equity loans. Location, Schedule Availability & Salary Information * 5167 Adams Avenue ...

Consumer Loan Processor

Portage, MI · On-site

$18 - $22.50/hr

The Consumer Loan Specialist coordinates consumer and home equity loan closings, manages collateral ... Communicate with members throughout the closing process, following up to obtain any outstanding ...

Consumer Loan Processor

Portage, MI · On-site

$18 - $22.50/hr

Description: The Consumer Loan Specialist coordinates consumer and home equity loan closings ... Communicate with members throughout the closing process, following up to obtain any outstanding ...

Consumer Loan Processor

Portage, MI · On-site

$18 - $22.50/hr

The Consumer Loan Specialist coordinates consumer and home equity loan closings, manages collateral ... Communicate with members throughout the closing process, following up to obtain any outstanding ...

Loan Processor - Consumer Loans

Saint Louis, MO · On-site

$18.25 - $24.25/hr

Consumer Loan Processor (Contract - through September) PEG Staffing & Recruiting is seeking a Consumer Loan Processor for a contract role running through the end of September. This is a fully onsite ...

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Consumer Loan Processor information

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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.

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:

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

Cross Valley Federal Credit Union

Wilkes Barre, PA • On-site

$18.25 - $22.75/hr

Other

Posted 24 days ago


Job description

Consumer Loan Processor

Under the general supervision of the lending management team, this position is responsible for building and maintaining successful member relationships by funding and servicing loans to the member's complete satisfaction. Ensures that supporting documentation and records are accurately prepared according to Cross Valley's policies. Meets or exceeds all funding goals with minimum errors and processes pending loans in a timely consistent manner.

  • Fund a minimum of established credit union goal in loan volume each month.
  • Actively seeks opportunities to increase loan volume. Consistently meets or exceeds goals.
  • Maintain a 5% maximum error rating on total loans funded each month while consistently meeting deadlines, funding goals, and efficiency requirements.
  • Successfully and completely processes consumer loan applications, consumer loan funding, all forms of loan maintenance (skip-a-pay), due date changes, DST and DBO set up, payment corrections etc) and other loan relations transactions, (moving loans, loan payments, share/draft purchases, withdrawals or transfers, etc)
  • Assemble loan and title packets for submission to appropriate loan operations staff within 3 business days of funding.
  • Accurately determine invoice and wholesale values for various types of collateral.
  • Displays commitment to excellent member service and strong interpersonal skills by building and maintaining positive relationships with various vendors, internal partners, and team members.
  • Able to communicate effectively in writing and verbally.
  • Follows up with key individuals immediately (within 24 hours) to resolve problems or respond to inquiries.
  • Stay up-to-date on all current applicable industry standards
  • Effectively manages time and resources
  • Proactively finds opportunities to support the lending department's goals and works collaboratively with others.
  • Comply with all credit union policies and procedures.
  • Observe an ethical and secure work environment
  • Performs other duties as assigned.
  • Customer service skills
  • Excellent communication, teamwork, and interpersonal skills
  • Familiar with PC's and applicable software including Outlook, Teams and Excel
  • Strong financial, problem-solving and analytical skills
  • Organizational Skills
  • Multi-tasking skills
  • Ability to work proactively and independently with minimal supervision
  • Ability to sit for extended periods of time.
  • Ability to communicate effectively in English, both orally, in writing, and electronic channels
  • Ability to receive information and hear sounds at normal speaking levels under normal conditions in an office setting.
  • Visually able to perform activities such as preparing and analyzing data and figures, viewing a computer terminal and extensive reading.
  • Sufficient manual skill for operation of PC keyboard and other standard office equipment
  • Ability to exert minimum amounts of force occasionally to lift, carry, push, pull or move objects.
  • Ability to travel occasionally for credit union functions
  • Ability to travel to other locations to provide coverage if needed.