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Entry Level Loan Processor Jobs in Philadelphia, PA

OneMain Financial

Loan Sales Specialist

Wilmington, DE

$19 - $23/hr

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

Norristown, PA · 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

Wilmington, DE

$19 - $23/hr

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 Aug 13, 2026, the average hourly pay for entry level loan processor in Philadelphia, PA is $21.50, according to ZipRecruiter salary data. Most workers in this role earn between $18.17 and $24.28 per hour, depending on experience, location, and employer.

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. The job can be straightforward for those with strong organizational skills and familiarity with loan software, but it may become challenging during high workload periods or complex cases.

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 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.

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, and good organizational skills. Familiarity with loan processing software and basic math skills are also beneficial, and some employers may prefer prior customer service experience or knowledge of financial documents.

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 most commonly searched types of Loan Processor jobs in Philadelphia, PA?

The most popular types of Loan Processor jobs in Philadelphia, PA are:

What are popular job titles related to Entry Level Loan Processor jobs in Philadelphia, PA?

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

What job categories do people searching Entry Level Loan Processor jobs in Philadelphia, PA look for?

The top searched job categories for Entry Level Loan Processor jobs in Philadelphia, PA are:

What cities near Philadelphia, PA are hiring for Entry Level Loan Processor jobs?

Cities near Philadelphia, PA 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 Philadelphia, PA as of August 2026, with employment types broken down into 86% Full Time, and 14% Part Time. Highlights an 100% In-person job distribution, with an average salary of $44,523 per year, or $21.4 per hour.

Entry-Level Commercial Loan Specialist

Commercial Collateral Lending

Philadelphia, PA • On-site

$120K/yr

Full-time

Re-posted 14 days ago

Job description

Description
Entry-Level Commercial Loan Specialist - Launch Your Career in Commercial Finance With Full Training Provided
If you're looking to break into the world of commercial finance and want a career with real growth potential and a clear path forward, this is an outstanding opportunity to get started the right way. We're looking for motivated, detail-oriented individuals who are ready to learn the business from the ground up with full training provided and genuine opportunities for advancement as you develop your skills and confidence.
In this role, you'll play an important part in supporting the commercial lending team by helping with client onboarding, gathering and organizing documentation, and assisting with initial loan assessments that keep deals moving in the right direction. You'll help maintain accurate and up-to-date records, provide clear and timely updates to clients throughout the process, and make sure all required paperwork is submitted correctly and on time. Every part of this role puts you closer to the action and gives you hands-on exposure to how commercial lending works from the inside.
This is an ideal starting point for someone who is organized, communicates well, and is genuinely excited about building a long-term career in commercial finance. You don't need years of experience to succeed here - what matters most is that you show up ready to learn, pay attention to the details, and bring a professional, client-focused approach to everything you do. The training is thorough, the support is real, and the path forward is clearly defined for the right person.
First-year earning potential when goals are met: $120,000+
If you're ready to launch your career in commercial finance with a team that is invested in your growth and development from day one, apply today, and let's talk about what your future in this industry can look like.
Responsibilities
• Assist in the onboarding process for new clients, ensuring a smooth and welcoming experience.
• Gather, organize, and verify all necessary documentation to support loan applications.
• Conduct initial assessments of loan applications to help identify potential issues early.
• Maintain accurate and up-to-date records in our loan management system.
• Provide timely updates to clients, keeping them informed at every stage of the loan process.
• Ensure all paperwork is submitted correctly and on time to meet deadlines.
• Collaborate with the commercial lending team to support ongoing projects and initiatives.
Qualifications
• Experience in customer service or client-facing roles, ensuring a welcoming and supportive environment.
• Ability to gather, organize, and verify documentation with precision and attention to detail.
• Proven track record of maintaining accurate records and managing data efficiently.
• Strong communication skills to provide clear and timely updates to clients and team members.
• Ability to work collaboratively within a team, supporting ongoing projects and initiatives.
• Familiarity with basic financial concepts and a keen interest in commercial finance.
• Proficiency in using digital tools and software for record-keeping and communication tasks.

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