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Entry Level Loan Jobs in Indiana (NOW HIRING)

OneMain Financial

Loan Consultant

Indianapolis, IN · On-site

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing ... Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, ...

DR Horton

Mortgage Loan Originator

Indianapolis, IN · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Mortgage Loan Originator for their Financial Services ...

OneMain Financial

Loan Sales Specialist

Elkhart, IN

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing ... Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, ...

OneMain Financial

Loan Sales Specialist

Jasper, IN

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing ... Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, ...

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All JobsLoan JobsEntry Level Loan JobsEntry Level Loan Jobs in Indiana

Entry Level Loan information

What are some common challenges faced by entry-level loan officers, and how can they overcome them?

Entry-level loan officers often face challenges such as building a client base, understanding complex lending regulations, and managing a high volume of paperwork. To overcome these, it's important to actively seek mentorship from experienced colleagues, stay updated on industry guidelines, and develop strong organizational skills. Regular communication with underwriters and other team members can also help new loan officers navigate the approval process more efficiently and provide better service to clients.

What are the key skills and qualifications needed to thrive as an Entry Level Loan Officer, and why are they important?

To thrive as an Entry Level Loan Officer, you need a basic understanding of financial principles, strong analytical skills, and typically a bachelor's degree in finance, business, or a related field. Familiarity with loan origination systems, credit analysis tools, and relevant regulatory guidelines is important, and some employers may require specific certifications such as NMLS licensure. Excellent communication, attention to detail, and customer service skills set top performers apart. These abilities are crucial for accurately evaluating loan applications, ensuring compliance, and building trust with clients.

What is the difference between Entry Level Loan vs Loan Processor?

AspectEntry Level LoanLoan Processor
Required CredentialsHigh school diploma or equivalent; some roles may prefer associate degreeHigh school diploma or equivalent; some roles may prefer associate degree
Work EnvironmentOffice setting, customer service, administrative tasksOffice environment, reviewing loan documents, data entry
Employer & Industry UsageFinancial institutions, banks, credit unionsMortgage companies, banks, lending institutions
Common Search & ComparisonEntry Level Loan vs Loan Processor

Entry Level Loan roles typically involve basic customer service and administrative tasks related to loan applications, often requiring minimal experience. Loan Processors handle detailed review and verification of loan documents, requiring more specialized knowledge. While both roles are entry-level and share similar environments, Loan Processors usually have more responsibilities in the loan approval process.

What is an entry level loan officer?

An entry level loan officer is a financial professional who helps customers apply for and obtain loans, such as mortgages, auto loans, or personal loans. They usually work at banks, credit unions, or other financial institutions and are responsible for evaluating applicants’ creditworthiness, explaining loan options, and assisting throughout the application process. Entry level loan officers typically receive on-the-job training and work under the supervision of more experienced staff as they learn industry regulations and lending procedures.

Is a loan officer an entry-level job?

A loan officer can be an entry-level position, especially for those starting in the financial services industry. Entry-level loan officers typically require basic knowledge of lending processes, customer service skills, and may need a high school diploma or some college education; some employers offer on-the-job training. Advancement often involves gaining experience, certifications, or specialized knowledge in mortgage or commercial lending.

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. Compensation can also include a base salary plus bonuses, and familiarity with loan processing and underwriting is important in this role.

What is a typical entry-level job for finance?

An entry-level job in finance often includes roles such as financial analyst, loan officer, or accounting assistant. These positions typically require basic knowledge of financial principles, proficiency with spreadsheets, and strong communication skills, and they often serve as stepping stones for career advancement in the finance industry.

How to become a loan officer without experience?

To become a loan officer without experience, focus on gaining relevant knowledge through courses in finance or banking, and develop strong communication and customer service skills. Entry-level positions often require a high school diploma or equivalent, and obtaining a mortgage license or certification can improve job prospects. On-the-job training is common, and some employers may provide training for new hires.
What are the most commonly searched types of Loan jobs in Indiana? The most popular types of Loan jobs in Indiana are:
Entry Level Loan jobs near you
Infographic showing various Entry Level Loan job openings in Indiana as of July 2026, with employment types broken down into 84% Full Time, 12% Part Time, 1% Temporary, and 3% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution.

Loan Consultant

OneMain Financial

Indianapolis, IN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

OneMain Financial rating

7.6

Company rating: 7.6 out of 10

Based on 100 frontline employees who took The Breakroom Quiz

113th of 150 rated financial services

Job description

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. In this role, our team members thrive in a competitive atmosphere where hard work and dedication directly influence success.  This role provides rewarding professional development and advancement opportunities in a dynamic and supportive environment. Loan Sales Specialists enjoy competitive compensation that recognizes both individual achievements and team success, all while growing their career.   In the Role   
  • Effectively multitask and adapt to the dynamic demands of the role, ensuring timely and efficient service  
  • Exceed customer expectations through ease, empathy and encouragement, delivering results related to individual and branch goals  
  • Develop new connections and maintain ones by engaging customers throughout the loan process and life cycle, presenting tailored solutions based on customer needs 
  • Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and regulations 
  • Engage with customers and other departments through multiple technological channels, including phone, email, chat and our in-house systems 
  • Exhibit passion for achievement, bringing an internal drive to succeed and goal oriented attitude 
  • Clearly educate and inform customers on optional insurance products, ensuring customers have a thorough understanding of the loans, terms and their options  
Requirements:     
  • High School Diploma or GED      
Preferred:  
  • Sales, Collections or Customer Service experience    
  • Bilingual - Spanish    
Location: On site     The schedule for this position is Monday-Friday during standard business hours, with some extended hours during the week as needed which may include Saturday.      Who we Are  A career with OneMain offers you the potential to earn an annual salary plus incentives. You can steer your career toward leadership roles such as Branch Manager and District Manager by taking advantage of a variety of robust training programs and opportunities to advance. Other team member benefits include: 
  • Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances  
  • Up to 4% matching 401(k)    
  • Employee Stock Purchase Plan (10% share discount)    
  • Tuition reimbursement    
  • Paid time off (15 days’ vacation per year, prorated based on start date)  
  • Paid sick leave as determined by state or local ordinance (prorated based on start date)  
  • 11 Paid holidays (4 floating holidays, prorated based on start date)  
  • Paid volunteer time (3 days per year, prorated based on start date) 
OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we’ve looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future.   In our more than 1,300 community branches and across the U.S., team members help millions of customers solve critical financial needs, including debt consolidation, home and auto repairs, medical procedures and extending household budgets. We meet customers where they want to be -- in person, by phone and online.    At every level, we’re committed to an inclusive culture, career development and impacting the communities where we live and work. Getting people to a better place has made us a better company for over a century. There’s never been a better time to shine with OneMain.   Key Word Tags     Sales, Collections, Retail, Loan Sales, Customer Service, Customer Care, Business Development, New Grad, Newly Graduated, Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, Career, Benefits, Customer experience, Financial Representative, Credit, Leadership, Manager Trainee   

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