1

Loan Analyst Jobs in Indiana (NOW HIRING)

1st Source Bank is seeking a Credit Analyst who will review loan transactions and funding requests for current clients to ensure proper approvals and compliance with loan policies and regulations.

1st Source Bank is seeking a Credit Analyst who will review loan transactions and funding requests for current clients to ensure proper approvals and compliance with loan policies and regulations.

Informs the customer of the outcome of the preliminary financial analysis and, if acceptable, indicates that the loan will require further processing before it can be recommended for final approval.

Informs the customer of the outcome of the preliminary financial analysis and, if acceptable, indicates that the loan will require further processing before it can be recommended for final approval.

Informs the customer of the outcome of the preliminary financial analysis and, if acceptable, indicates that the loan will require further processing before it can be recommended for final approval.

Informs the customer of the outcome of the preliminary financial analysis and, if acceptable, indicates that the loan will require further processing before it can be recommended for final approval.

LOAN PROCESSOR I

Jasper, IN · On-site

$16.75 - $22.25/hr

Works through Escrow Analysis * Provides input on QM procedures, updates as directed by loan operations manager. * Actively achieves individual sales, referral, operational, and community involvement ...

LOAN PROCESSOR I

Jasper, IN · On-site

$16.75 - $22.25/hr

Works through Escrow Analysis * Provides input on QM procedures, updates as directed by loan operations manager. * Actively achieves individual sales, referral, operational, and community involvement ...

next page

Showing results 1-20

Loan Analyst information

See Indiana salary details

$34.3K

$44.8K

$83.7K

How much do loan analyst jobs pay per year?

As of Aug 21, 2026, the average yearly pay for loan analyst in Indiana is $44,803.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,700.00 and $48,100.00 per year, depending on experience, location, and employer.

What is a loan analyst?

A loan analyst works for a bank, credit union, or similar financial lending institution and evaluates credit applications to decide loan approval. As a loan analyst, your job duties include assisting customers with the application process, reviewing applicant information, and calculating financial risk to determine whether or not to approve loans. You may also monitor closed loan portfolios for compliance and coordinate with other banking staff, such as financial advisors and underwriters, on financing strategies. Depending on your specialization, you may work on commercial loans, mortgages, or credit loans. Qualifications for the career typically include a bachelor’s degree in business, finance, or a related field and prior banking experience. Employers may provide on-the-job training for entry-level candidates. You also need excellent interpersonal, analytical, and mathematical skills, along with attention to detail.

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

To thrive as a Loan Analyst, you need strong analytical abilities, financial acumen, and a bachelor's degree in finance, accounting, or a related field. Familiarity with loan origination systems, credit analysis software, and proficiency in Excel are typically required, as well as knowledge of regulatory compliance. Attention to detail, effective communication, and problem-solving skills help Loan Analysts stand out when assessing risk and collaborating with colleagues and clients. These capabilities are vital for accurately evaluating loan applications, minimizing risk, and ensuring the financial institution's profitability.

What are some common challenges loan analysts face when evaluating complex loan applications?

Loan Analysts often encounter challenges such as assessing incomplete or inconsistent financial documentation, analyzing complex credit histories, and interpreting unique borrower situations (like self-employment or fluctuating income). These scenarios require strong attention to detail and a keen understanding of financial regulations and risk assessment. Collaborating with underwriters, loan officers, and sometimes directly with applicants is essential to clarify information and ensure compliance, making communication skills highly valuable in overcoming these challenges.

What is the difference between Loan Analyst vs Credit Analyst?

AspectLoan AnalystCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like CAMS or CFA are a plusBachelor's degree in finance, accounting, or related field; certifications such as CFA or CPA are common
Work EnvironmentFinancial institutions, banks, lending companiesBanks, credit bureaus, financial services firms
Employer & Industry UsageUsed in lending departments to assess loan applicationsUsed to evaluate creditworthiness of individuals or companies

While both roles involve financial analysis, a Loan Analyst primarily assesses loan applications and repayment ability, whereas a Credit Analyst evaluates credit risk and creditworthiness. Both positions require similar credentials and often work within the same industry environments, but their focus differs in the lending process.

What are popular job titles related to Loan Analyst jobs in IN?

For Loan Analyst jobs in IN, the most frequently searched job titles are:

Infographic showing various Loan Analyst job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 14% Part Time, and 4% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $44,803 per year, or $21.5 per hour.

Loan Officer- Inside Sales

Direct Mortgage Loans

Saint John, IN • On-site

$50K - $75K/yr

Full-time

Medical, Dental, Vision, Life

Re-posted 5 days ago


Job description

Inside Loan Officer Sales Position (Client Care Loan Analyst)

As a Client Care Loan Analyst (CCLA), this is an inside sales-focused mortgage role where you’ll be the first point of contact in the loan process—working company-provided leads and converting them into successful clients. You’ll guide clients through applications, present loan options, ensure compliance, and deliver a seamless, educational, and professional experience. This position blends strong sales skills with client care and loan expertise, while collaborating closely with a high-performing team.

This position includes company-provided leads, allowing you to focus on converting qualified opportunities while delivering exceptional client experiences.

Key Responsibilities

  • Client Engagement Loan Applications

    • Manage and convert company-provided leads into full applications using the 1–6 CRM process.

    • Collect and verify client documentation (income, assets, credit, etc.).

    • Present tailored loan options and educate clients on the mortgage process.

    • Issue pre-approvals aligned with DML standards.

    • Provide updates and communicate with agents and clients throughout the process.

  • Coordination Communication

    • Train and support agents/clients on Simple Nexus app calculator.

    • Create and share co-branded applications and marketing materials.

    • Participate in lead capture rotations (nights/weekends) and prospecting calls.

    • Complete and submit weekly Greatness Tracker to Sales Manager.

  • Loan Structuring Locking

    • Structure loans and present the best options (terms, buy-downs, etc.).

    • Review Loan Estimates, cash-to-close figures, and payment breakdowns.

    • Ensure clients understand loan terms, payments, and expectations.

  • File Preparation Submission

    • Transition approved files to processing with full documentation.

    • Follow team communication standards for updates and submissions.

    • Provide reminders and guidance through the first payment process.

  • Business Professional Growth

    • Manage time effectively, focusing on high-value tasks.

    • Exceed production expectations while maintaining compliance.

    • Represent DML with professionalism and authenticity.

    • Consistently deliver excellent client experiences (5-star reviews).

    • Embody and promote DML’s mission, vision, and values.

Required Qualifications:

  • High school diploma or equivalent (Associate’s degree preferred).

  • Active NMLS license.

  • 2+ years of lending or related financial experience.

  • Strong communication, customer service, and organizational skills.

  • Ability to work nights/weekends as part of rotation.

Preferred Qualifications:

  • Encompass software experience.

  • Knowledge of FHA, VA, Fannie Mae, and conventional loan products.

  • Proficiency with Microsoft Office and CRM systems.

What We’re Looking For

  • Motivated, goal-oriented professionals with a positive attitude.

  • Team players who value respect, kindness, and collaboration.

  • Problem-solvers who thrive in a fast-paced, client-centered environment.

  • Individuals who balance sales focus with genuine care for clients.

  • Willingness to attend off-site client meetings as needed.

Compensation Benefits: 

  • $60,000 - $65,000 plus commission

  • Health, Dental Vision benefits available, along with supplementary benefits such as Life Insurance, Long Short-term Disability and more!

Join us and grow your career in an environment that values teamwork, client success, and professional development. Apply today to become a Client Care Loan Analyst at DML!