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Lending Assistant Jobs in Virginia (NOW HIRING)

Mariner Finance

Consumer Lending Associate

Newport News, VA · On-site

$19.44 - $25.27/hr

... * Assist the Branch Manager by preparing reports as needed. * Maintain compliance in the branch ... Lending and/or Financial Services industry with consistent demonstrated achievement of assigned ...

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All JobsLending JobsLending Assistant JobsLending Assistant Jobs in Virginia

Lending Assistant information

See Virginia salary details

$24.8K

$41.7K

$62.5K

How much do lending assistant jobs pay per year?

As of Aug 2, 2026, the average yearly pay for lending assistant in Virginia is $41,726.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,700.00 and $44,600.00 per year, depending on experience, location, and employer.

How much does a lending assistant make?

A lending assistant typically earns between $30,000 and $45,000 annually, depending on experience, location, and the employer. Entry-level positions may start lower, while experienced assistants or those with specialized skills can earn higher salaries. The role often requires familiarity with banking software and customer service skills.

What are the key skills and qualifications needed to thrive as a Lending Assistant, and why are they important?

To thrive as a Lending Assistant, you need a solid understanding of loan processing, financial documentation, and banking regulations, typically supported by a high school diploma or associate degree. Familiarity with loan origination systems (LOS), customer relationship management (CRM) software, and Microsoft Office Suite is commonly required. Strong attention to detail, organizational skills, and effective communication help you excel in client interactions and team collaboration. These skills ensure accurate loan processing, regulatory compliance, and high-quality customer service in a fast-paced lending environment.

What is the difference between Lending Assistant vs Loan Processor?

AspectLending AssistantLoan Processor
CredentialsHigh school diploma; some roles may prefer associate degreeHigh school diploma; some roles may prefer associate degree or relevant certifications
Work EnvironmentBank branches, mortgage offices, or lending departmentsLoan processing centers, banks, or mortgage companies
Primary ResponsibilitiesAssisting with customer inquiries, scheduling appointments, preparing documentsReviewing applications, verifying information, preparing loan documentation
Industry UsageCommonly used in banking and mortgage sectorsUsed in banking, mortgage, and lending institutions

While both roles support the lending process, a Lending Assistant primarily handles customer service and administrative tasks, whereas a Loan Processor focuses on verifying information and preparing loan documents. Understanding these differences helps in choosing the right career path or job search focus within the lending industry.

What are Lending Assistants?

Lending Assistants are banking professionals who support loan officers and lending teams in processing loan applications, preparing documentation, and communicating with clients. They help ensure that loan files are complete and compliant with regulations, coordinate with internal departments, and provide administrative support throughout the lending process. Their work is vital in streamlining the loan approval process and maintaining strong client relationships.

How does a Lending Assistant typically collaborate with loan officers and clients during the loan process?

Lending Assistants play a critical support role by coordinating communication between loan officers, clients, and other departments. They help gather and organize necessary documentation, schedule meetings, and ensure that all paperwork complies with regulatory and institutional policies. This close collaboration helps streamline the lending process, resolve issues efficiently, and maintain a high level of customer service. Working as part of a team, Lending Assistants often act as the first point of contact for clients, ensuring their questions are addressed and keeping the loan process moving smoothly.

How to become a lending assistant?

To become a lending assistant, candidates typically need a high school diploma or equivalent, strong organizational and communication skills, and familiarity with banking or lending software. Some positions may require prior experience in customer service or finance, and on-the-job training is often provided. Certifications in banking or finance can enhance prospects but are not always mandatory.

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 and bonuses, depending on the employer and location. Skills in sales and knowledge of lending products influence earnings in this role.

What is a lending assistant?

A lending assistant is a professional who supports loan officers and financial institutions by processing loan applications, gathering documentation, and ensuring compliance with lending policies. They often use banking software and have strong organizational skills to manage client information and facilitate the loan approval process.
What are the most commonly searched types of Lending jobs in Virginia? The most popular types of Lending jobs in Virginia are:
What cities in Virginia are hiring for Lending Assistant jobs? Cities in Virginia with the most Lending Assistant job openings:
Lending Assistant jobs near you
Infographic showing various Lending Assistant job openings in Virginia as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, 1% Temporary, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $41,726 per year, or $20.1 per hour.

Sales Support Specialist (Commercial Lending Assistant)

First Citizens Bank

Richmond, VA • On-site

$27 - $36/hr

Full-time

Re-posted 7 days ago

First Citizens Bank rating

7.4

Company rating: 7.4 out of 10

Based on 106 frontline employees who took The Breakroom Quiz

109th of 170 rated banks

Job description

Overview
First Citizens Bank has an incredible opportunity for a Sales Support Specialist (Commercial Lending Assistant). We are hiring banking professionals who have had proven success in their past careers, are self-motivated, and possess strong relationship building skills. This role is an integral part of our team, partnering with Commercial and/or Business Banking groups in the sales, servicing and management of clients and loan portfolios.
Responsibilities
  • Ongoing Sales Support: Provide ongoing sales support to Lenders, including identifying sales and cross sell opportunities, coordinating materials for presentations, setting up sales calls, maintaining prospect lists, and making joint calls as needed.
  • Documentation Support: Originates, processes, and ensures accuracy of loan documentation for closings. This includes entering financial information into the loan system and ensuring that all necessary documentation is included in the loan package prior to closing.
  • Ongoing Credit Servicing Support: Resolving documentation exception issues, maintaining service levels, updating financial statements, and preparing files for all portfolio reviews. Run reports to track maturing lines/loans and service levels.
  • Monitoring of Past Due Credits: Communicate, report, and follow up on portfolio past dues to ensure they remain current, while maintaining customer contact.
  • Ongoing Customer Service/Office Support: Coordinates opening of deposit and other banking services with branch partners. Handles customer requests for information and problem resolution.

Qualifications
  • Basic Requirements:
    • High School Diploma or GED with 4+ years of experience in sales or lending support OR
    • Bachelor's Degree with experience in sales or lending support
  • Additional Skills and Experiences:
    • 4+ years of prior experience in banking, ideally in Commercial Lending Support
    • Strong working knowledge of the loan documentation and loan closing processes
    • Proficient in Microsoft Office Suite, strong computer skills, and an ability to learn banking systems
    • Highly organized with a strong attention to detail and an ability to multitask
    • Professional written and verbal communication skills
    • Ability to work collaboratively with bankers and other internal partners
    • Ideal candidate will have experience with:
      • Title documentation
      • Life insurance
      • Deeds of trust
      • U.C.C. filings
      • Mortgages
      • Assignments of rents
      • Surveys
      • Ordering Appraisals
      • Environmental reports
      • Tax returns and supporting documents

PLEASE NOTE: There are no remote capabilities for this position at this time. Ideal candidate must live within commuting distance of 11776 West Broad Street in Richmond, VA.
The base pay for this position is generally between $27 and $36 per hour. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits #LI-KL1

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