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Internship Loan Processor Jobs (NOW HIRING)

CB&S Bank

Summer Internship Opportunities

Russellville, AL

$11.50 - $15.75/hr

Edits, corrects, and processes transactions to customer accounts processes research and adjustments ... Loan Review * Assists in preparation of loan review write-ups. * Assists in reviewing appraisals.

CB&S Bank

Summer Internship Opportunities

Russellville, AL · On-site

$11.50 - $15.50/hr

Edits, corrects, and processes transactions to customer accounts processes research and adjustments ... Loan ReviewAssists in preparation of loan review write-ups.Assists in reviewing appraisals.Assists ...

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Internship Loan Processor information

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How much do internship loan processor jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for internship 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.

What is an internship loan processor?

Internship loan processors are individuals, typically students or recent graduates, who work in a temporary position within a financial institution or mortgage company to support the loan application process. They assist with collecting, reviewing, and organizing customer documentation, verifying financial information, and ensuring loan files are complete and accurate. Internship loan processors work under the supervision of experienced loan officers or processors to gain hands-on experience in the lending industry, learn regulatory requirements, and understand the end-to-end loan processing workflow.

What does an internship loan processor do?

As an Internship Loan Processor, you will typically assist with reviewing loan applications, verifying applicant information, and ensuring all required documentation is complete and accurate. You might also interact with customers or other team members to gather missing information and update loan files. This role offers valuable exposure to the loan approval process, compliance checks, and financial document handling. You'll often work closely with senior loan processors and underwriters, gaining insight into industry standards and best practices. The experience can provide a solid foundation for a future career in banking or financial services.

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

To thrive as an Internship Loan Processor, you need a basic understanding of financial principles, attention to detail, and at least a high school diploma or current enrollment in a related degree program. Familiarity with loan origination software, Microsoft Office Suite, and document management systems is typically required. Strong organizational skills, effective communication, and a willingness to learn are valuable soft skills in this role. These skills ensure accurate processing, regulatory compliance, and efficient teamwork within a fast-paced lending environment.

What is the difference between Internship Loan Processor vs Loan Processor?

AspectInternship Loan ProcessorLoan Processor
CredentialsTypically no formal credentials required; internship may require enrollment in related fieldHigh school diploma or equivalent; some roles prefer relevant certifications
Work EnvironmentInternship setting, often in banks or mortgage companies, with training focusFull-time professional environment in financial institutions
Employer & Industry UsageUsed as a training position within banks, credit unions, mortgage companiesEstablished role in mortgage, banking, and lending industries
Search & Comparison IntentOften searched by students or entry-level candidates exploring finance rolesCompared for career advancement or role clarification in lending

In summary, an Internship Loan Processor is an entry-level position designed for training and gaining experience, often without formal credentials. A Loan Processor is a full-time professional role requiring more experience and credentials, with greater responsibilities in the lending process.

Is internship loan processing a stressful job?

Internship loan processing can be stressful due to tight deadlines, the need for accuracy, and managing multiple applications. It requires attention to detail, organizational skills, and often involves working with financial software and documentation, which can contribute to workload pressure.

What cities are hiring for Internship Loan Processor jobs?

Cities with the most Internship Loan Processor job openings:

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

The most popular types of Loan Processor jobs are:

What states have the most Internship Loan Processor jobs?

States with the most job openings for Internship Loan Processor jobs include:

Internship Loan Processor jobs near you

Mortgage Loan Officer I

Navy Federal Credit Union

Cleveland, OH • On-site

Other

Re-posted just now

Navy Federal Credit Union rating

8.1

Company rating: 8.1 out of 10

Based on 275 frontline employees who took The Breakroom Quiz

61st of 150 rated financial services

Job description

Overview

To interview and counsel members about first mortgage loans and to take mortgage loan applications. To establish and maintain personal relationship with members, and to guide and follow their mortgage loans from initial application through the loan closing process. To determine applicants' qualifications; providing detailed information about Navy Federal's mortgage and equity loan products; clarify complexities of the mortgage/equity loan process; and evaluate, personalize, and recommend financing alternatives. To build and maintain referral relationships with realtors, builders, and other centers of influence.

This position is eligible for the TalentQuest employee referral program. If an employee referred you for this job, please apply using the system generated link that was sent to you.

Responsibilities

  • Ability to work effectively and efficiently with automated systems
  • Familiarity with accounting, credit, and/or lending principles and techniques
  • Experience in member/customer service preferably in a related field/industry, such as realty, insurance, retail banking or financial institution
  • Exposure to lending application and approval process
  • Familiarity with mortgage lending concepts and principles
  • Familiarity with banking/financial industry standards and practices
  • Incumbent will be required, prior to the assumption of employment duties, to register with the Nationwide Mortgage Licensing System and Registry; includes fingerprinting and background checks
  • Effective database and presentation software skills
  • Effective skill performing mathematical calculations and working accurately with numbers
  • Effective skill in actively guiding members through interactions to reduce member effort and enhance member loyalty
  • Effective skill in comprehending, analyzing, applying and communicating complex written legal documents
  • Effective skill speaking and/or presenting in front of groups in a professional setting
  • Effective word processing and spreadsheet software skills

Qualifications

  • Ability to work effectively and efficiently with automated systems
  • Familiarity with accounting, credit, and/or lending principles and techniques
  • Experience in member/customer service preferably in a related field/industry, such as realty, insurance, retail banking or financial institution
  • Exposure to lending application and approval process
  • Familiarity with mortgage lending concepts and principles
  • Familiarity with banking/financial industry standards and practices
  • Incumbent will be required, prior to the assumption of employment duties, to register with the Nationwide Mortgage Licensing System and Registry; includes fingerprinting and background checks
  • Effective database and presentation software skills
  • Effective skill performing mathematical calculations and working accurately with numbers
  • Effective skill in actively guiding members through interactions to reduce member effort and enhance member loyalty
  • Effective skill in comprehending, analyzing, applying and communicating complex written legal documents
  • Effective skill speaking and/or presenting in front of groups in a professional setting
  • Effective word processing and spreadsheet software skills

Desired Qualifications

  • Working knowledge of Navy Federal Mortgage Production and/or Servicing Systems
  • Working knowledge of mortgage/equity loan processing, closing and documentation requirements and regulations
  • Familiarity with mortgage lending requirements, regulations and procedures for VA and conventional loan programs

Additional Information

Hours:

  • Monday - Friday, 8:00AM - 4:30PM

Location:

  • 5455 Rings Rd, Suite 300, Dublin, OH 43017
  • 1300 E 9th St Ste 1815 Cleveland, OH 44114

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion. * FORTUNE 100 Best Companies to Work For 2026 * Yello and WayUp Top 100 Internship Programs 2025 * Computerworld Best Places to Work in IT 2026 * Most Loved Workplace - America's Top Most Loved Workplaces 2025 * 2025 PEOPLE Companies That Care * Newsweek Most Trustworthy Companies in America 2026 * Military Times 2025 Best for Vets Employers * Forbes 2026 America's Best Large Employers * Forbes 2025 America's Best Employers for New Grads * Forbes 2025 America's Best Employers for Tech Workers * 2025 RippleMatch Campus Forward Award Winner for Overall Excellence * Military.com Top Military Spouse Employers 2025 * 2026 Handshake Early Talent Award * Newsweek America's Greatest Workplaces for Culture, Belonging and Community 2026 From Fortune Magazine. 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union. Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law. Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status. Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site. Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process. Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

What Navy Federal Credit Union employees say

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About Navy Federal Credit Union

Sourced by ZipRecruiter

Navy Federal Credit Union, based in Vienna, Virginia, United States, is a significant player in the financial services industry. Their official website is navyfederal.org. With its roots dating back to 1933, it was initially established to provide credit to Navy members. Over the years, Navy Federal has magnified its scope, evolving into a full-service credit union serving all branches of the military, the Department of Defense, veterans, and their families. The company’s core values include integrity, service, education, and leadership. Navy Federal aims to be the most preferred and trusted financial institution serving the military and their families.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Vienna, VA, US

Year founded

1933

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