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Contract Loan Processing Jobs in Indiana (NOW HIRING)

Indirect Loan Processor

Marion, IN ยท On-site

$20 - $25/hr

... processing all approved incoming contracts from indirect dealers and open new accounts. Collect any missing information crucial to the applicable paperwork and funding loan contracts. The Loan ...

Indirect Loan Processor

Marion, IN

$16.75 - $22.25/hr

... processing all approved incoming contracts from indirect dealers and open new accounts. Collect any missing information crucial to the applicable paperwork and funding loan contracts. The Loan ...

... processing all approved incoming contracts from indirect dealers and open new accounts. Collect any missing information crucial to the applicable paperwork and funding loan contracts. The Loan ...

Loan Officer Assistant

Carmel, IN

$35K - $48K/yr

Provide WoW service Contract to Close * Manage the Pipeline * Document review/Updates * Works with operations partners in all aspects of the loan process to the closing. * Coordinates with realtors ...

Loan Officer Assistant

Carmel, IN

$35K - $48K/yr

Provide WoW service Contract to Close * Manage the Pipeline * Document review/Updates * Works with operations partners in all aspects of the loan process to the closing. * Coordinates with realtors ...

Loan Officer Assistant

Carmel, IN ยท On-site

$35K - $48K/yr

Provide WoW service Contract to Close * Manage the Pipeline * Document review/Updates * Works with operations partners in all aspects of the loan process to the closing. * Coordinates with realtors ...

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Loan Servicing Representative

Saint John, IN ยท On-site

$45K - $60K/yr

Key Responsibilities: ยท Manage daily loan servicing tasks such as payment processing, rate ... cancel contracts for loans paid off ยท Monitor LERETA reports and resolve inadequate legal ...

Contracts Manager

Indianapolis, IN ยท On-site

$80K - $95K/yr

It's an exciting time to join defi! defi SOLUTIONS is a pioneer in end-to-end, SaaS loan ... The Manager, Contract Administration provides administrative and legal support in a corporate ...

Work Comp Processor I

Fort Wayne, IN ยท On-site

$39K - $54K/yr

Process nonautomated work comp renewals and PCR's. POSITION ESSENTIAL FUNCTIONS AND ... This position description is not an employment contract, implied or otherwise. The employment ...

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Contract Loan Processing information

See Indiana salary details

$13

$20

$29

How much do contract loan processing jobs pay per hour?

As of Jun 26, 2026, the average hourly pay for contract loan processing in Indiana is $20.27, according to ZipRecruiter salary data. Most workers in this role earn between $17.16 and $22.88 per hour, depending on experience, location, and employer.

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

To thrive as a Contract Loan Processor, you need a solid understanding of mortgage lending processes, loan documentation, and compliance regulations, often supported by experience in financial services or a related certification. Familiarity with loan origination systems (LOS) like Encompass or Calyx, and proficiency in document management software, is typically required. Attention to detail, strong organizational skills, and effective communication are crucial soft skills for managing deadlines and collaborating with clients and lenders. These skills ensure accurate loan processing, compliance with regulatory standards, and efficient workflow in a highly deadline-driven environment.

What are some common challenges faced by contract loan processors, and how can they be managed effectively?

Contract loan processors often encounter challenges such as tight deadlines, fluctuating loan volumes, and the need to quickly adapt to different lenders' procedures. Managing these challenges involves maintaining strong organizational skills, effective communication with borrowers, loan officers, and underwriters, and staying updated on compliance regulations. Utilizing reliable loan processing software and establishing clear workflows can also help streamline tasks and reduce errors, making it easier to handle high workloads efficiently.

What are contract loan processors?

Contract loan processors are professionals who handle the administrative and processing tasks involved in securing a loan, typically for a mortgage, on a contractual or freelance basis rather than as full-time employees. They review and verify loan documents, coordinate with lenders, and ensure that applications comply with industry and legal standards. By working on a contract basis, they provide flexibility to lenders or mortgage companies who may need extra support during busy periods or for specific projects.

What is the difference between Contract Loan Processing vs Contract Underwriting?

AspectContract Loan ProcessingContract Underwriting
Primary RolePreparing and verifying loan documents, coordinating with applicants and lendersAssessing and approving loan applications based on risk analysis
Required CredentialsTypically requires a high school diploma or equivalent; certifications like Loan Processing Certification are commonRequires a mortgage or loan underwriting certification; often a background in finance or banking
Work EnvironmentOffice setting, often in banks, mortgage companies, or lending institutionsOffice-based, with detailed analysis and decision-making processes

Contract Loan Processing involves managing the documentation and coordination for loan approval, while Contract Underwriting focuses on evaluating and approving loan applications based on risk factors. Both roles are essential in the lending process but differ in responsibilities and skill requirements.

What are the most commonly searched types of Loan Processing jobs in Indiana? The most popular types of Loan Processing jobs in Indiana are:
What cities in Indiana are hiring for Contract Loan Processing jobs? Cities in Indiana with the most Contract Loan Processing job openings:
Indirect Loan Processor

Indirect Loan Processor

Via Credit Union

Marion, IN โ€ข On-site

$20 - $25/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


Job description

Overview: The Indirect Loan Processor is responsible for processing all approved incoming contracts from indirect dealers and open new accounts. Collect any missing information crucial to the applicable paperwork and funding loan contracts. The Loan Processor is critical when it comes to providing excellent service to members and dealers. Members often draw their impressions of Via Credit Union from their first contact. It is imperative that this individual be familiar with all aspects of our business to maintain a firm knowledge base regarding all of our products and services. Accuracy and timely work are extremely important in maintaining positive relationships with dealers and members.
The scheduled work week is Tuesday - Saturday (noon), unless otherwise specified.
Candidate Tip: Add "apps.bamboohr.com" to your email contact list so you make sure to receive emails regarding your application.
Reasonable Accommodations Statement: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
Essential Functions:
  • Process all approved incoming contracts from indirect dealers
  • Gather data as necessary; Collect missing information to accurately complete all necessary paperwork and funding loan contracts.
  • Verify all documentation is included in the indirect contract packet
  • Verify signatures are present and amounts are accurate
  • Complete OFAC check on new members and dealers
  • Contact dealer if there is missing or incorrect documentation
  • Follow-up with dealers on pending contracts
  • Fund loan in Decision Lender
  • Process faxed indirect applications and send decision notification
  • Adhere strictly to credit union policies and procedures
  • Process all turned down applications and mail adverse action notices to the applicants.
  • Open new accounts
  • Properly identify members for BSA and CIP purposes
  • Determine and/or verify eligibility for membership
  • Set up loans on Symitar system
  • Review loan documentation for accuracy for loan approval
  • Complete loan and processing checklist
  • Send welcome packets with loan information to new members
  • Be prepared to answer member and dealer telephone calls and questions
  • Assist co-workers and any other assigned tasks as needed
  • Perform Back-up Head Teller duties during Head Teller absences

Position Expectations:
  • Demonstrate and consistently model the ViaCU brand based on the mission, vision, and values.
  • Demonstrate honesty and integrity and be seen as credible in the workplace.
  • Accept responsibility and be accountable for your actions.
  • Demonstrate ability to take care of the members' needs while following company procedures.
  • Demonstrate and model strong interpersonal skills, maintain a positive and respective attitude.
  • The ability to formulate sound decisions using the available information.
  • Act as a role model within and outside of the department.
  • Adhere to company policies and procedures, maintaining confidentiality, and demonstrating the ability to handle sensitive matters.
  • Excellent organizational skills and initiative to improve processes.
  • Communicate regularly with department head about issues.
  • Demonstrate flexible and efficient time management, ability to work independently and prioritize work and complete within given deadlines.

Qualifications:
Education: High School Diploma or equivalent
Experience: 1-3 years prior loan processing experience preferred; must demonstrate accuracy and good analytical skills
Computer Skills: Basic computer skills including Word and Excel
Certifications & Licenses:
Benefits Summary:
  • Affordable medical and prescription, dental, and vision (employer co-pay)
  • Flexible Spending Account - Dependent Care & Unreimbursed Medical
  • Basic Life Insurance (employer paid)
  • Voluntary Life & AD&D
  • Long Term Disability & Travel AD&D (employer paid)
  • Paid Time Off: Vacation, Sick,
    Personal, 9 paid holidays, and bereavement
  • Community Service Day: Employer paid
  • Bereavement Pay

Financial & Retirement Planning
  • Competitive Pay
  • Annual Performance Reviews
  • Incentive Pay: Some positions qualify for incentive pay
  • 401(k):
    • Safe Harbor Non-Elective (employer paid)
    • Elective Deferral: Employee contribution, minimum of 1%
    • Company Match: Employer contribution, dollar for dollar, up to 3% of annual compensation
    • Discretionary Profit Sharing

About Us: Via Credit Union was founded in 1936 and has grown to serve members in 6 branches and 12 Field of Membership Counties*.
Mission: People helping people achieve financial success.
Vision: Via Credit Union is committed to member service while maintaining financial stability.
Values:
  • Honesty and Integrity
  • Service Beyond Expectations
  • People First
  • Committed to Serve
  • Foster Growth & Knowledge
  • Excellence
  • Have Fun

*Field of membership counties: Blackford, Delaware, Grant, Hamilton, Howard, Huntington, Kosciusko, Madison, Miami, Tipton, Wabash, and Wells
Physical Demands:
N (Not Applicable) Activity is not applicable to this position.
O (Occasionally) Position requires this activity up to 33% of the time (0 - 2.5+ hrs/day)
F (Frequently) Position requires this activity from 33% - 66% of the time (2.5 - 5.5+ hrs/day)
C (Constantly) Position requires this activity more than 66% of the time (5.5+ hrs/day)
Occasionally: Climb, Reach above Shoulder, Stand, Squat or Kneel, Bend, Lift/Carry and Push/Pull 11 -100 lbs
Frequently: Walk, Reach Outward, Bend, Lift/Carry and/or Push/Pull 11-20 lbs
Constantly: Sit, Reach Outward, Manually Manipulate, Visual Accuity, Talk, Hear/Listen, Lift/Carry 10 lbs or less, Push/Pull 12 lbs or less
Not Applicable: Crawl
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job in an office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be in a fast paced, stressful environment. Some outside environmental conditions, especially while traveling to meetings, training, or meeting with members. The noise level in the work environment is usually moderate.