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Entry Level Loan Processor Jobs (NOW HIRING)

Entry Level Loan Processor

Frederick, MD ยท On-site

$55K - $65K/yr

Complete and process all applications for business submitted by agents * Ensure accuracy of information provided and all forms needed are included when forwarded to the insurance/security agencies.

Complete and process all applications for business submitted by agents * Ensure accuracy of information provided and all forms needed are included when forwarded to the insurance/security agencies.

Entry-Level Mortgage Loan Processor $55,000 - $60,000/year We are seeking a detail-oriented and motivated Entry-Level Mortgage Loan Processor to join our team. In this role, you will support the loan ...

Loan Processor

San Marcos, TX ยท On-site

$17 - $22.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Jacksonville, FL ยท On-site

$17.25 - $23.25/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Austin, TX ยท On-site

$18.50 - $24.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Loan Processor ** *in the Branch Department. The right candidate will process mortgage loans and ...

Loan Processor

Conroe, TX ยท On-site

$16.75 - $22.25/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Loan Processor *** *in the Branch Department. The right candidate will process mortgage loans and ...

Loan Processor

Durham, NC ยท On-site

$17 - $22.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Loan Processor ** *in the Branch Department. The right candidate will process mortgage loans and ...

Loan Processor

Austin, TX ยท On-site

$18.50 - $24.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Austin, TX ยท On-site

$18.50 - $24.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

San Marcos, TX ยท On-site

$17 - $22.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Conroe, TX ยท On-site

$16 - $21.50/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Austin, TX

$18.50 - $24.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Austin, TX ยท On-site

$18.50 - $24.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Austin, TX ยท On-site

$18.50 - $24.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

San Marcos, TX ยท On-site

$17 - $22.75/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Jacksonville, FL ยท On-site

$17.25 - $23.25/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Durham, NC

$18 - $24.25/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

Loan Processor

Durham, NC ยท On-site

$18 - $24.25/hr

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Loan Processor in the Branch Department. The right ...

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Entry Level Loan Processor information

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How much do entry level loan processor jobs pay per hour?

As of Jul 5, 2026, the average hourly pay for entry level loan processor in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What is an Entry Level Loan Processor job?

An Entry Level Loan Processor is responsible for assisting in the loan application process by reviewing and verifying financial documents, ensuring accuracy, and preparing files for underwriting. They communicate with borrowers, lenders, and other parties to gather necessary information. This role requires attention to detail, organizational skills, and knowledge of loan procedures. It is a great starting position for those interested in the mortgage or banking industry.

Will MLO be replaced by AI?

As an entry-level loan processor, the role involves reviewing loan documents and data entry, tasks that AI can assist with but not fully replace. AI tools are increasingly used to automate routine tasks, but human oversight remains essential for compliance and customer interaction in loan processing. Developing skills in software and data management can enhance job effectiveness as technology evolves.

What are the key skills and qualifications needed to thrive in the Entry Level Loan Processor position, and why are they important?

To thrive as an Entry Level Loan Processor, you need strong organizational skills, attention to detail, basic knowledge of loan documentation, and typically a high school diploma or equivalent. Familiarity with loan origination software, spreadsheet applications, and document management systems is commonly required. Excellent communication, customer service, and time management skills help you excel in interactions with clients and team members. These abilities ensure you can accurately process loan files, meet deadlines, and support efficient loan approvals in a fast-paced environment.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. The exact earnings depend on the lender's compensation structure, the loan type, and the officer's experience. Entry-level loan processors may not directly earn commissions but can assist in processing such loans as part of their role.

How to get experience as a loan processor?

Entry level loan processors typically gain experience through internships, entry-level administrative roles, or training programs in banking or mortgage companies. Developing skills in data entry, customer service, and familiarity with loan processing software can also help build relevant experience.

What does a typical day look like for an Entry Level Loan Processor?

A typical day for an Entry Level Loan Processor involves reviewing and verifying loan application documents, communicating with applicants to request missing information, and collaborating with underwriters and other team members to ensure files move smoothly through the approval process. You may spend time entering data into loan processing systems, responding to status inquiries, and keeping detailed records to maintain compliance. The workday is usually structured in an office or hybrid environment, often involving both independent tasks and teamwork. This role offers great exposure to the finance industry and can lead to advancement opportunities in underwriting, loan consulting, or branch management.

Is it hard to become a loan processor?

Becoming an entry-level loan processor typically requires a high school diploma or equivalent and strong organizational and communication skills. Many employers provide on-the-job training, and some roles may prefer familiarity with loan processing software or basic financial knowledge, but formal certifications are not usually mandatory.
More about Entry Level Loan Processor jobs
What cities are hiring for Entry Level Loan Processor jobs? Cities with the most Entry Level Loan Processor job openings:
What are the most commonly searched types of Loan Processor jobs? The most popular types of Loan Processor jobs are:
What states have the most Entry Level Loan Processor jobs? States with the most job openings for Entry Level Loan Processor jobs include:
Infographic showing various Entry Level Loan Processor job openings in the United States as of June 2026, with employment types broken down into 42% Full Time, 55% Part Time, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
Entry Level Loan Processor

Entry Level Loan Processor

latitude

Frederick, MD โ€ข On-site

$55K - $65K/yr

Other

Posted 25 days ago


Job description

Job Opportunity

We are seeking a hard-working, positive individual to join the continuously growing team. If you are seeking a company that cares about team members and clients, we want to talk to you!

Responsibilities
  • Complete and process all applications for business submitted by agents
  • Ensure accuracy of information provided and all forms needed are included when forwarded to the insurance/security agencies.
  • Submit all completed in good order applications and forms to the proper agencies.
  • Follow-up on pending applications with various insurance/security agencies and transfer companies to keep the application process moving forward.
  • Research and analyze application issues and provide problem resolution
  • Answer agents requests and respond to their needs in a timely manner
  • Additional duties and responsibilities as required by management
Requirements
  • Bachelor's degree required
  • Excellent customer service skills
  • Strong organization skills, attention to detail, and ability to multi-task
  • Strong oral and written communication skills
  • At least 2 years of customer experience, preferred
  • Working knowledge of real estate documentation, underwriting policies, compliance, and procedures, preferred

$55,000 - $65,000 a year