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Entry Level Loan Processor Jobs in Missouri (NOW HIRING)

OneMain Financial

Loan Sales Specialist

O Fallon, MO · On-site

Develop new connections and maintain ones by engaging customers throughout the loan process and ... Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, ...

OneMain Financial

Loan Sales Specialist

Overland, MO · On-site

Develop newconnections andmaintainonesby engagingcustomers throughout the loan process and life ... Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, ...

OneMain Financial

Loan Sales Specialist

O Fallon, MO · On-site

Develop newconnections andmaintainonesby engagingcustomers throughout the loan process and life ... Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, ...

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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 Sep 5, 2026, the average hourly pay for entry level loan processor in Missouri is $19.98, according to ZipRecruiter salary data. Most workers in this role earn between $16.92 and $22.55 per hour, depending on experience, location, and employer.

What is an entry level loan processor?

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.

What does an entry level loan processor do?

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.

What are the key skills and qualifications needed to thrive as an entry level loan processor?

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 do entry level loan processors make?

Entry-level loan processors typically earn between $30,000 and $45,000 annually, depending on location and employer. Starting salaries may increase with experience, certifications, and proficiency with loan processing software such as Encompass or Calyx Point.

Is an entry level loan processor a difficult job?

An entry level loan processor role involves reviewing financial documents, verifying information, and ensuring accuracy, which requires attention to detail and basic knowledge of loan procedures. While it can be challenging initially due to the need for accuracy and understanding of lending policies, it is generally considered manageable with proper training and experience. The job often involves standard office hours and the use of loan processing software.

What qualifications do I need to be an entry level loan processor?

Entry level loan processors typically need a high school diploma or equivalent, strong attention to detail, good organizational skills, and basic computer proficiency. Some employers prefer familiarity with loan processing software or customer service experience, but formal certifications are not usually required for entry-level positions.

What are the most commonly searched types of Loan Processor jobs in Missouri?

The most popular types of Loan Processor jobs in Missouri are:

What are popular job titles related to Entry Level Loan Processor jobs in Missouri?

For Entry Level Loan Processor jobs in Missouri, the most frequently searched job titles are:

What job categories do people searching Entry Level Loan Processor jobs in Missouri look for?

The top searched job categories for Entry Level Loan Processor jobs in Missouri are:

What cities in Missouri are hiring for Entry Level Loan Processor jobs?

Cities in Missouri with the most Entry Level Loan Processor job openings:

Entry Level Loan Processor jobs near you
Infographic showing various Entry Level Loan Processor job openings in Missouri as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $41,561 per year, or $20 per hour.

Loan Specialist - Springfield, MO

Veterans United Home Loans

Springfield, MO • On-site

$45K - $80K/yr

Full-time

Re-posted 4 days ago

Veterans United Home Loans rating

8.1

Company rating: 8.1 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

Job description

Whether you come from a background in sales, business development, hospitality, or retail, you can be successful in our role. We don't require a specific degree or experience, but we're looking for translatable skills and relevant expertise. We will provide you with the training and development opportunities needed to build a career here!
About The Role:
As a Loan Specialist, you'll be the friendly voice guiding and educating our borrowers on the home loan process. You'll initiate the first step in the home buying journey and set the stage for a successful partnership. Our marketing team works hard to bring in fresh leads, so most of the time, you're calling people who are already interested rather than cold-calling strangers. It's demanding, for sure, but there's something really rewarding about knowing you're helping someone secure their dream home.
Don't have a mortgage background? No sweat - this role is an entry level position within our company where mortgage experience is a plus but not a necessity.
Loan Specialist Schedule and Hours:
  • M-F between 7am-5pm
  • 1-2 Saturday shifts per month, 4 hours each

Here's a snapshot of what you'd be doing:
  • Engaging with borrowers, understanding their goals, and providing expert guidance to ensure they feel informed, confident, and ready to move forward.
  • Running their credit through an online system and helping them find the right loan for their situation.
  • Walking borrowers through the loan process, explaining everything clearly, and helping them get the right rates and terms.
  • Handling all the paperwork and keeping the borrower's file on track until the loan is officially closed.
  • You'll spend much of your day communicating with borrowers by phone, email, and other communication tools. Business calls may be recorded and reviewed using AI-assisted technology to support coaching, quality assurance, compliance, training, and performance evaluation.
  • And on top of that, you'd be contributing to the team's success by jumping in wherever you're needed. Collaboration with internal and external parties is critical to this role.

Unlock your earning potential with a competitive base salary and attractive commission structure, offering potential earnings of $45,000-$80,000/year. That's just the beginning! Our top performers consistently exceed the upper limits of this range, thanks to performance incentives designed to reward your hard work and dedication. If you're driven to succeed and ready to go above and beyond, come join this dynamic team!
One important thing-you'd need to be NMLS licensed (but we can help you get that when you start).
About you:
  • Master Communicator: You possess exceptional written and interpersonal communication skills, effortlessly weaving persuasive narratives to engage clients.
  • Champion of Integrity: Integrity isn't just a word to you; it's the cornerstone of every interaction, reflecting a deep-seated commitment to uplift and empower those around you.
  • Embrace the Grind: You thrive in an environment that demands persistence and are undeterred by repetitive tasks, viewing them as opportunities to refine your sales acumen.
  • Team Dynamo: Collaborative by nature, you revel in the camaraderie of teamwork, delighting in delivering top-tier support and services to your colleagues and clients alike.
  • Self-Propelled Achiever: Driven by an inner fire, you set ambitious goals and stop at nothing to conquer them, continuously pushing the boundaries of your own success.
  • Problem-Solving Maestro: Armed with quick wit and sharp instincts, you possess a knack for swiftly resolving issues, ensuring seamless operations in even the most tumultuous environments.
  • Adaptable Dynamo: You excel in the dynamic whirlwind of a fast-paced environment, thriving on change and emerging stronger with every challenge.

About Us:
We started First Residential Independent Mortgage to make homebuying more authentic. Your heart and dedication will help us get there. First Residential is part of the Veterans United family of companies (with a combined $23 billion+ in closed loan volume in 2020). Fueled by VU's mortgage experience yet specialized in conventional and FHA Loans, First Residential's the perfect place to launch your career. Our success is measured in living our values every day: Be Passionate and Have Fun, Deliver Results with Integrity and Enhance Lives Every Day. We always strive to provide friendly service to homebuyers and their families. And we always seek to lift up people and communities across the country.
We're so glad you're here checking out this opportunity! If this role gets you excited but you're worried you don't check every box - don't sweat it. We're more interested in what you can bring to the team than a perfect checklist. If you're passionate, driven, and ready to make a difference, we'd love to hear from you. Come as you are, and together we'll create something amazing.
Interested? Apply Today!
Learn more about us on Glassdoor and our career site at firstresidential.com/careers
Veterans United Home Loans and its affiliates are Equal Opportunity Employers that consider all qualified applicants regardless of race, color, religion, sex (including pregnancy, transgender status, and sexual orientation), national origin, age (40 or older), disability or genetic information.

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