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Indirect Lending Loan Processor Jobs (NOW HIRING)

Sandia Area

INDIRECT LOAN PROCESSOR

Albuquerque, NM · On-site

$18.25 - $24.25/hr

The Indirect Loan Processor is responsible for performing clerical and loan processing duties related to indirect lending. This position reviews and processes loan documentation, funds dealer ...

Boutique Recruiting

Loan Processor

Boulder, CO · Remote

$19.50 - $26/hr

We are seeking a top notch Mortgage Loan Processor to join a thriving financial services company ... Deep knowledge of direct/indirect lending products and practices * Excellent analytical and ...

Boutique Recruiting

Loan Processor

Irvine, CA

$20.25 - $26.75/hr

We are seeking an experience Loan Processor to join a thriving financial service company located in ... Comprehension of direct/indirect lending procedures * In-depth understanding of relevant rules and ...

US Realty & Mortgage Inc

Loan Processor

Whittier, CA · On-site

$2.0K - $4.0K/mo

Loan processor duties and responsibilities will include analysis of the loan file from initial ... Comprehension of direct/indirect lending procedures * In-depth understanding of relevant rules and ...

US Realty & Mortgage Inc

Loan Processor

Whittier, CA · On-site

$2.0K - $4.0K/mo

Loan processor duties and responsibilities will include analysis of the loan file from initial ... Comprehension of direct/indirect lending procedures * In-depth understanding of relevant rules and ...

Summit Credit Union

Indirect Processor 1

Cottage Grove, WI

$17.75 - $23.75/hr

When indirect lending works seamlessly, it drives satisfaction, builds trust, and supports continued growth. As an Indirect Processor 1, you'll play a key role in supporting indirect loan processing ...

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Indirect Lending Loan Processor information

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How much do indirect lending loan processor jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for indirect lending 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.

How does an indirect lending loan processor typically collaborate with auto dealerships and internal underwriting teams?

An Indirect Lending Loan Processor works closely with auto dealership representatives to collect, verify, and process loan applications submitted on behalf of customers. They ensure all required documentation is accurate and complete before forwarding applications to the underwriting team for review. Regular communication with both external partners and internal colleagues is essential to resolve discrepancies, meet funding deadlines, and provide updates throughout the process. This collaborative environment requires strong attention to detail, organizational skills, and the ability to manage multiple priorities efficiently.

What are the key skills and qualifications needed to thrive as an indirect lending loan processor, and why are they important?

To thrive as an Indirect Lending Loan Processor, you need a solid understanding of loan processing, financial documentation, and credit analysis, often supported by experience in banking or finance. Familiarity with loan origination systems (LOS), credit reporting tools, and compliance regulations is typically required. Strong attention to detail, organizational skills, and effective communication help you manage multiple applications and collaborate with dealerships and lenders. These skills and qualities are crucial for ensuring accurate, timely loan processing and maintaining compliance with industry standards.

What is the difference between Indirect Lending Loan Processor vs Mortgage Loan Processor?

AspectIndirect Lending Loan ProcessorMortgage Loan Processor
CredentialsTypically requires basic loan processing certifications, high school diploma or equivalentOften requires mortgage-specific certifications like MLO license, additional training
Work EnvironmentWorks primarily in auto, dealer, or indirect lending settingsWorks in banks, mortgage companies, or lending institutions
Industry UsageCommonly employed in auto and indirect lending sectorsPrimarily in residential mortgage lending
Search & Comparison IntentOften compared for loan processing roles in auto vs mortgage lendingCompared for residential mortgage processing roles

While both roles involve processing loan applications, the Indirect Lending Loan Processor focuses on auto and dealer financing, whereas the Mortgage Loan Processor specializes in residential mortgage loans. The key differences lie in industry-specific certifications, work environments, and the types of loans processed.

What does an indirect lending loan processor do?

An Indirect Lending Loan Processor is responsible for reviewing, verifying, and processing loan applications that originate from third-party sources, such as auto dealerships or financial intermediaries. They ensure all required documentation is complete and accurate, assess creditworthiness, and coordinate with dealers, borrowers, and underwriters to facilitate loan approval and funding. Their role is crucial in ensuring loans are processed efficiently, compliantly, and in accordance with company policies and lending regulations.
More about Indirect Lending Loan Processor jobs
What job categories do people searching Indirect Lending Loan Processor jobs look for? The top searched job categories for Indirect Lending Loan Processor jobs are:
Indirect Lending Loan Processor jobs near you
Infographic showing various Indirect Lending Loan Processor job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 11% Part Time, and 4% 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.

INDIRECT LOAN PROCESSOR

Sandia Area

Albuquerque, NM • On-site

$18.25 - $24.25/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

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

Job description

Indirect Loan Processor

Location: Albuquerque, NM

Position Type: Full Time Job Shift: Day

Education Level: High School Degree or Equivalent

Category: Banking

Required work schedule: (not a remote or hybrid position) Monday to Friday: 7:30 AM to 4:30 PM Occasional Saturday work may be required based on business needs and overtime demands. Please note that work schedules are subject to change as needed.

As a valued full-time team member, you'll enjoy fantastic benefits that promote your health and well-being:

  • Comprehensive Medical, Dental, and Vision Insurance
  • Paid Short-Term Disability, Life Insurance, and AD&D
  • Holiday Pay, Vacation, Birthday, Floating Holiday & Sick Leave
  • Tuition Reimbursement for Professional Development
  • 401(k) Plan with Employer Match
  • Pension Plan for Long-term Security
  • Exciting Opportunities for Career Advancement

Overall Purpose:

At Sandia Area, every position plays a vital role in fulfilling our mission to deliver high-value banking and lending services that strengthen the financial well-being of our members and community. Each team member is expected to embody our core values of Service, Sustainability, Efficiency, Trust, Stewardship, and Growth, contributing to our vision of empowering lifelong achievement through better banking.

The Indirect Loan Processor is responsible for performing clerical and loan processing duties related to indirect lending. This position reviews and processes loan documentation, funds dealer contracts for new loans, and collaborates with dealerships and internal departments to ensure accurate, compliant, and timely loan funding.

Responsibilities include, but are not limited to:

  • Partner with team members, dealerships, and internal departments to efficiently process and fund loans.
  • Review loan documentation for accuracy, completeness, and compliance with policies, procedures, and regulatory requirements.
  • Resolve outstanding conditions and documentation requirements to facilitate timely funding.
  • Monitor loan pipelines and prioritizing work to meet service-level expectations and funding deadlines.
  • Maintain accurate loan records and supporting documentation.
  • Identify opportunities to improve processes and contribute to team success.
  • Deliver exceptional service while building positive relationships with members, dealership partners, and coworkers.
Qualifications

Knowledge, Skills, and Abilities (KSAs)

  • Expertise in clerical and loan processing duties related to indirect lending, with a requisite understanding of financial institution operations.
  • High level of analytical ability where problems are complex (i.e. transaction, loan problems).
  • Due to periods of high loan volume, this position periodically requires overtime.
  • Requires the ability to adjust priorities to meet deadlines.
  • Requires excellent interpersonal communication skills to ascertain dealers'/members' needs and handle problems.
  • Exceptional time management and organizational skills, with the ability to prioritize tasks, manage multiple responsibilities, and adapt to a fast-paced environment.
  • Proactive in seeking professional growth, embracing both formal and informal development opportunities, and demonstrating adaptability to new responsibilities.
  • Team-oriented with a strong collaborative mindset, actively supporting team members and contributing to a positive and high-performing environment.
  • Proficient in Microsoft Office, including Outlook, Word, Excel, and PowerPoint.
  • Ability to perform essential functions, including the ability to lift up to 10 lbs. as needed.

Minimum Education and Experience Requirements

  • HSD or GED - no substitution
  • One (1) year(s) of applicable experience required.
  • Prior credit union or related industry preferred.
  • Prior dealership experience is a plus.

Sandia Area Federal Credit Union (SAFCU) is an Equal Opportunity Employer.

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