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Lending Intern Jobs in Virginia (NOW HIRING)

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Lending Intern information

What does a lending intern do?

A Lending Intern typically assists the lending department of a bank, credit union, or other financial institution. Their responsibilities may include reviewing loan applications, gathering client documentation, conducting financial analysis, and supporting loan officers with administrative tasks. This internship provides hands-on experience in the lending process and helps interns learn about credit evaluation, risk assessment, and customer service. It is a valuable opportunity for students interested in finance or banking to develop practical skills and industry knowledge.

What types of projects and tasks can a lending intern expect to work on during their internship?

As a Lending Intern, you can expect to support loan officers and underwriting teams by assisting with application processing, performing credit analysis, and preparing documentation for loan approvals. You may also help with customer outreach, data entry, and compliance checks, gaining exposure to the full loan cycle. Working closely with experienced professionals, you'll develop a practical understanding of lending operations and have opportunities to shadow meetings or participate in training sessions, setting a strong foundation for a career in financial services.

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

To thrive as a Lending Intern, you need a solid understanding of financial principles, attention to detail, and basic knowledge of lending processes, often supported by coursework in finance, accounting, or business. Familiarity with loan management software, spreadsheets, and customer relationship management (CRM) systems is typically required. Strong communication, analytical thinking, and eagerness to learn help an intern stand out in this position. These skills and qualities are crucial for accurately assessing loan applications, supporting lending officers, and developing foundational expertise in financial services.

What is the difference between Lending Intern vs Loan Officer?

AspectLending InternLoan Officer
CredentialsTypically pursuing or recent graduate, no required certificationsRelevant degree, certifications like NMLS license often required
Work EnvironmentInternship setting, learning-focused, often in banks or lending companiesClient-facing, responsible for evaluating and approving loans
Industry UsageEntry-level position, part of training programsFull-time role with decision-making authority

The main difference between a Lending Intern and a Loan Officer is experience and responsibility. Lending Interns are entry-level, focusing on learning the industry, while Loan Officers handle client interactions and loan approvals. Interns often work under supervision, whereas Loan Officers operate with greater independence and decision-making authority.

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 Intern jobs?

Cities in Virginia with the most Lending Intern job openings:

Single-Family Business Intern- Summer 2027

Freddie Mac

Mclean, VA • On-site

$32/hr

Other

Posted 9 days ago


Freddie Mac rating

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

At Freddie Mac, you will do important work to build a better housing finance system, and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

We are accepting applications for this position until 10/16/2026

Position Overview:

The Single-Family division at Freddie Mac is seeking creative, curious, and technology-minded college students for a Business Intern role. Interns will learn about the mortgage business while building foundational skills in business analysis, data analytics, process improvement, and emerging AI-enabled tools.

Our Impact:

  • Single-Family supports the housing market by providing liquidity, promoting responsible lending, and enabling sustainable homeownership
  • Our team supports mortgage loan acquisition, securitization, servicing processes, and business tools that improve the borrower and lender experience
  • We help integrate innovative applications, business capabilities, and AI-enabled tools that support Freddie Mac and our lenders
  • We collaborate with financial institutions, investors, and technology teams to support effective business solutions

Your Impact:

You will support Single-Family teams through data analytics, product development, seller experience, process improvement, and emerging AI tools

  • Responsibilities may include documenting processes, helping develop business requirements, supporting projects, performing research and analytics, and identifying process improvements
  • You may create and present business insights and recommendations using Microsoft Office and AI-assisted productivity tools

Qualifications:

  • Pursuing a Bachelor's degree in Business Administration, Management, Finance, Economics, Business Statistics, Information Systems, Marketing, or a related discipline
  • Strong analytical ability, communication skills, curiosity, confidence, and willingness to learn
  • Exposure to AI tools, automation, data analytics, product development, or process improvement preferred
  • Graduation in December 2027 or May 2028 preferred, with availability to work May through August 2027

Keys to Success in this Role:

  • Strong written and verbal communication skills
  • Strong Microsoft Office skills
  • Analytical, detail-oriented, proactive, tech savvy, and eager to learn
  • Collaborative and comfortable working in a dynamic team environment

Interns are paid a set, non-negotiable rate. The hourly rate for this position is $32/hr.

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Non-Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $54,000 - $82,000 . All interns positions are paid at an hourly rate, which can be found in the body of the job description.


What Freddie Mac employees say

Pay

Hours and flexibility

Workplace

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About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970