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Entry Level Loan Processor Jobs in Riverside, CA

LendingXpress

Junior Loan Officer

Irvine, CA · On-site

$18 - $20/hr

About the Role: Junior Loan Officer (Entry-Level Real Estate Lending Pathway) As a Junior Loan ... process * Qualify leads and pass them to senior licensed Loan Officers * Assist with loan ...

Button Finance, Inc

Be Seen First

Entry-Level Mortgage Sales (No Experience Required)

Anaheim, CA · On-site

$20/hr

Gather basic info and provide a warm, professional introduction to our loan * process * Transfer 15+ qualified leads each day to our team of licensed Loan Officers * Learn to confidently handle ...

New

loanDepot

Entry Level Sales - Recent Grad

Orange, CA

$16.90/hr

Comfort with using software for loan processing and customer management. * Customer Focus: Dedication to delivering exceptional customer service throughout the loan process. Requirements: * Sales ...

loanDepot

Entry Level Sales - Recent Grad

Irvine, CA · On-site

$16.90/hr

Comfort with using software for loan processing and customer management. * Customer Focus: Dedication to delivering exceptional customer service throughout the loan process. Requirements: * Sales ...

loanDepot

Entry Level Sales - Recent Grad

Anaheim, CA

$16.90/hr

Comfort with using software for loan processing and customer management. * Customer Focus: Dedication to delivering exceptional customer service throughout the loan process. Requirements: * Sales ...

loanDepot

Entry Level Sales - Recent Grad

Tustin, CA

$16.90/hr

Comfort with using software for loan processing and customer management. * Customer Focus: Dedication to delivering exceptional customer service throughout the loan process. Requirements: * Sales ...

loanDepot

Entry Level Sales - Recent Grad

Tustin, CA

$16.90/hr

Comfort with using software for loan processing and customer management. * Customer Focus: Dedication to delivering exceptional customer service throughout the loan process. Requirements: * Sales ...

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All JobsLoan Processor JobsEntry Level Loan Processor JobsEntry Level Loan Processor Jobs in Riverside, CA

Entry Level Loan Processor information

See Riverside, CA salary details

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

As of Jul 12, 2026, the average hourly pay for entry level loan processor in Riverside, CA is $22.22, according to ZipRecruiter salary data. Most workers in this role earn between $18.80 and $25.10 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.
What are the most commonly searched types of Loan Processor jobs in Riverside, CA? The most popular types of Loan Processor jobs in Riverside, CA are:
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Entry Level Loan Processor jobs near you
Junior Loan Officer

Junior Loan Officer

LendingXpress

Irvine, CA • On-site

$18 - $20/hr

Full-time

Re-posted 3 days ago

Job description

Ready to break into real estate or the mortgage industry but don’t know where to start? LendingXpress is your entry point into a long-term, lucrative career in lending and real estate finance. We’re a fast-growing, technology-driven private money mortgage company built on innovation and opportunity. Many of our top producers started in this very role — NO license, no experience, just a drive to succeed. 

Now, we're looking for hungry, coachable, and driven individuals to get their foot in the door and grow into fully licensed Loan Officers — with full training and support provided. Our proprietary front- and back-end systems are designed to help our team stay ahead of every lead and move files from application to funding as quickly and efficiently as possible. 

About the Role: Junior Loan Officer (Entry-Level Real Estate Lending Pathway)

As a Junior Loan Officer, you’ll gain hands-on experience working directly with clients, learning the fundamentals of private money lending, and receiving all the training necessary to become a licensed Loan Officer.

If you’re great on the phone, love helping people, and have the ambition to succeed in a competitive industry, we’ll give you the tools, leads, and mentorship to make it happen.

What You'll Do:

  • Learn and explain the basics of our private money loan programs to potential borrowers
  • Handle inbound and outbound calls to connect with leads and guide them through the application process
  • Qualify leads and pass them to senior licensed Loan Officers
  • Assist with loan applications, collect necessary documents, and support borrowers from first contact to close
  • Hit daily and monthly activity goals with the support of a dedicated sales manager
  • Participate in structured, hands-on training to build your knowledge of mortgage products, real estate, compliance, and sales best practices

What We’re Looking For:

  • No mortgage or real estate experience required — just bring your motivation and coachability!
  • 1+ year of full-time outbound phone sales experience or customer service
  • Comfortable and confident on the phone
  • Strong communication skills and a positive, professional demeanor
  • Organized, detail-oriented, and eager to learn
  • A desire to grow into a licensed Loan Officer — we’ll help you get there

What You’ll Get:

  • Base pay of $18–20/hr + $250–$500 bonuses for every lead that closes
  • 100% company-generated, exclusive leads — no cold prospecting
  • Full training and paid support to become a licensed Loan Officer
  • Opportunities for rapid advancement within the company
  • Paid licensing, continuing education, holidays, PTO, and sick time
  • Work/life balance — no weekend or late-night shifts
  • A fun, supportive team environment with catered lunches, team celebrations, and top-performer rewards

Why LendingXpress?

We believe in growing talent from within. If you’re serious about breaking into the real estate and lending industry, this is your chance to learn the ropes, grow your skills, and build a future.

Apply now to start your real estate career with LendingXpress!

Company Description

LendingXpress is a fast-growing California hard/private money, and residential broker/lender, specializing in loans for real estate ranging from various sizes and types ranging from $100,000 to $18,000,000. Loans to purchase/refinance investment properties, fix and flip, bridge and construction loans. Our custom loan programs offer the ideal financing solution for borrowers who don't qualify for traditional financing and/or need a quick close. We also buy and sell distressed properties and help consumers with real estate issues.