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Junior Loan Processor Jobs (NOW HIRING)

LOAN PROCESSOR II

Fort Worth, TX · On-site

$18 - $24/hr

Acts as a resource for the junior loan processors (Loan Processor I). Performs other related duties as assigned by management. Regular and reliable attendance. Knowledge of bank operations, policies ...

Junior Loan Officer

Miami, FL · On-site

$60K - $75K/yr

Our lending team is seeking a junior loan officer to help applicants navigate the home loan process. We offer the training, the technology, and the team support to help you succeed. If you are ...

Loan Processor

Denver, CO · On-site

$55K - $70K/yr

Hybrid option after initial 90 days in-person at Denver office, 70% in-person at Denver office, 30% remote * 2+ years' experience as a Loan Processor or Junior Underwriter * 2+ years' experience ...

Hybrid option after initial 90 days in-person at Denver office, 70% in-person at Denver office, 30% remote * 2+ years' experience as a Loan Processor or Junior Underwriter * 2+ years' experience ...

Loan Processor

Denver, CO · On-site

$19.25 - $25.75/hr

Hybrid option after initial 90 days in-person at Denver office, 70% in-person at Denver office, 30% remote * 2+ years' experience as a Loan Processor or Junior Underwriter * 2+ years' experience ...

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Loan Processor

Phoenix, AZ · On-site

$48K - $60K/yr

Communicate effectively with lenders, Loan Officers, title company, jr. processors, etc. * Work with the Loan Officers to ensure all conditions are obtained in a timely fashion * Order and review ...

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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 ...

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Junior Loan Processor information

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$33K

$36.3K

$38.5K

How much do junior loan processor jobs pay per year?

As of Aug 7, 2026, the average yearly pay for junior loan processor in the United States is $36,329.00, according to ZipRecruiter salary data. Most workers in this role earn between $36,000.00 and $36,000.00 per year, depending on experience, location, and employer.

Is a junior loan processor a difficult job?

A junior loan processor role involves reviewing loan applications, verifying information, and ensuring compliance with lending policies. The job requires attention to detail, organizational skills, and familiarity with loan processing software, but it is generally considered manageable with proper training and experience.

What does a junior loan processor do?

A Junior Loan Processor assists in the preparation, review, and processing of loan applications. They gather and verify financial documents from borrowers, ensure all necessary paperwork is complete, and work closely with loan officers and underwriters to move applications through each stage of approval. Their responsibilities also include maintaining accurate records, communicating with clients about missing information, and helping resolve any issues that may delay the process. This role is often an entry point into the mortgage or banking industry, providing valuable experience in loan operations.

What are some common challenges faced by junior loan processors, and how can they be overcome?

Junior Loan Processors often encounter challenges such as managing multiple loan files simultaneously, keeping up with frequent regulation changes, and ensuring accurate documentation. These challenges can be overcome by developing strong organizational skills, seeking mentorship from senior processors, and staying updated on lending guidelines through regular training. Building effective communication with loan officers, underwriters, and clients also helps streamline the process and reduces errors.

What are the key skills and qualifications needed to thrive as a junior loan processor?

To thrive as a Junior Loan Processor, you need a solid understanding of financial documentation, attention to detail, and basic knowledge of mortgage or loan processes, typically supported by a high school diploma or relevant coursework. Familiarity with loan origination systems (LOS), document management software, and compliance guidelines is often required. Strong organizational skills, effective communication, and the ability to multitask set top performers apart in this role. These abilities are crucial for ensuring accurate, efficient loan processing and maintaining regulatory compliance in a fast-paced lending environment.

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

AspectJunior Loan ProcessorLoan Processor
CredentialsHigh school diploma, some financial or banking certificationsHigh school diploma, relevant certifications preferred
ExperienceEntry-level, limited experienceModerate experience in loan processing
Work EnvironmentSupportive, training-focused teamMore independent, responsible for full loan processing
ResponsibilitiesAssist with document collection, data entry, initial reviewVerify documents, prepare loan files, communicate with clients

The main difference between a Junior Loan Processor and a Loan Processor is experience and responsibility level. Junior Loan Processors typically handle entry-level tasks and require less experience, often working under supervision. Loan Processors have more independence, handle complex tasks, and have a deeper understanding of loan procedures. Both roles are essential in the loan processing workflow, with the Junior role serving as a stepping stone to more advanced positions.

How much does a junior loan processor make?

A junior loan processor typically earns between $35,000 and $50,000 annually, depending on experience, location, and employer. Entry-level roles may start at the lower end of this range, with opportunities for advancement as skills and certifications develop.
More about Junior Loan Processor jobs
What cities are hiring for Junior Loan Processor jobs? Cities with the most Junior Loan Processor job openings:
What are the most commonly searched types of Loan Processor jobs? The most popular types of Loan Processor jobs are:
Who are the top companies hiring for Junior Loan Processor jobs? The top employers for Junior Loan Processor jobs are:
What states have the most Junior Loan Processor jobs? States with the most job openings for Junior Loan Processor jobs include:
What are popular job titles related to Junior Loan Processor jobs? For Junior Loan Processor jobs, the most frequently searched job titles are:
Infographic showing various Junior Loan Processor job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $36,329 per year, or $17.5 per hour.

LOAN PROCESSOR II

Bank of Colorado

Fort Worth, TX • On-site

$18 - $24/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago


Bank Of Colorado rating

5.8

Company rating: 5.8 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

157th of 170 rated banks


Job description

Loan Processor II

Provide all branches/customers with accurate, efficient and professional service. Book loans on the bank's core-accounting system (ITI), and maintenances ITI when necessary. Book escrow information when required and disburses escrow funds to third parties as appropriate. Assist in the preparation of portfolio reports as necessary.

Books loans on ITI system in a complete, correct and efficient manner.

Reviews loan documentation for completeness, correctness and compliance.

Processes all modifications/extensions/renewals on the ITI System.

Books, funds and pays off loans.

Builds transaction blocks and/or run necessary entries to complete loan or extension transactions as necessary.

Monitors Exception Reports for processed branches for unscheduled transactions.

Prepares and submits monthly SBA and LSI reports as directed by Manager.

Maintains billing records for branches being processed.

In addition to assisting the branches in error resolution, the Loan Processor II assists the branches in non-standard and complex error resolution.

Balances loan general ledger accounts daily.

Handles of E-Oscar disputes.

Acts as a resource for the junior loan processors (Loan Processor I).

Performs other related duties as assigned by management.

Regular and reliable attendance.

Knowledge of bank operations, policies and procedures.

Knowledge of general lending process and ITI system

Knowledge of word processing and spreadsheet software.

Skill in communicating effectively with management, customers and co-workers.

Skill in customer relations.

Detail oriented and problem-solving abilities.

Ability to work as a team player.

High school graduate or equivalent with previous banking experience or equivalent work experience.

Previous experience with ITI system preferred.

Monday through Friday 8-5 Strong experience/background with Real Estate is preferred.

About Pinnacle Bank/Bank of Colorado

We take pride in our heritage as a family-owned, community bank. Our commitment to our customers and community is at the forefront of how we do business. We are a Nebraska-based banking organization founded in 1938 in Palmer, Nebraska. Today, we have branches in Arizona, Colorado, Kansas, Missouri, Nebraska, New Mexico, Texas and Wyoming. As we grow, our commitment to our customers and community remains as strong as ever. We specialize in building lasting banking relationships with the businesses, farms and families we serve. We also prioritize taking an active role in our communities through charitable giving and volunteering. At Pinnacle Bank, we are ready to help your company with business checking and savings accounts, commercial loans and lines of credit and treasury management services. We also offer personal banking services, including accounts, mortgages, personal loans and technology products.

We use application review steps designed to ensure mutual fit. Generic or automated submissions may not progress. We offer fair and competitive compensation as well as bonus based on an employee's years of service and possible discretionary merit bonuses. Employees also have the opportunity to participate in the Bank incentive programs based on charter/branch guidelines. Other Full-Time benefits include:

  • 8 paid holidays*
  • 17 PTO days each year for the first five years of employment.*
  • After five years, 22 PTO days each year.*
  • After ten years, 27 PTO days each year.*
  • Employees must also complete the 90-day introductory period prior to accruing PTO.*
  • New employees will receive 16 hours of paid sick time upon their hire date.*
  • Health, dental, prescription drug card, vision, and voluntary life insurance plans
  • Health Savings Account with employer contributions
  • Flexible medical and dependent care spending plans
  • Parental Leave after one year of full-time employment
  • 401K plan after 3 months and start of next quarter with employer contributions and profit sharing
  • Free checking account and basic printed checks
  • Free safe deposit box
  • $50,000 group term life insurance
  • Long term disability insurance
  • Employee Assistance Program
  • Educational Assistance

* Paid holidays and paid time off benefits are not applicable for employees that are fully commissioned. We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.


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