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Loan Assistant Jobs in Renton, WA (NOW HIRING)

NFM, Inc.

Loan Partner I - Bilingual Russian

Lynnwood, WA · On-site +1

$21.64 - $31.25/hr

Collect, organize, and verify borrower documentation (e.g., paystubs, W-2s, insurance forms) as directed by a licensed MLO. * Assist in preparing loan files for underwriting submission by assembling ...

NFM Lending

Loan Partner I - Bilingual Russian

Lynnwood, WA · On-site

$21.64 - $31.25/hr

Collect, organize, and verify borrower documentation (e.g., paystubs, W-2s, insurance forms) as directed by a licensed MLO. * Assist in preparing loan files for underwriting submission by assembling ...

Guild Mortgage

Loan Officer Assistant

Maple Valley, WA

$36K - $60K/yr

Position Summary The Loan Officer Assistant plays an important role in the organization by performing, under direct supervision, several activities related to assisting originators build complete ...

Guild

Loan Officer Assistant

Maple Valley, WA · On-site

$17.47 - $29.12/hr

Position Summary The Loan Officer Assistant plays an important role in the organization by performing, under direct supervision, several activities related to assisting originators build complete ...

American Pacific Mortgage

LOAN PARTNER

Lynnwood, WA · On-site

$41K - $56K/yr

Loan Partner Areas of Responsibility / Job Duties Summary Works as a producing team member with an Executive Loan Officer Team to assist with sales initiatives, generate new leads, and provide high ...

Guild Mortgage

Loan Officer

Bothell, WA

$15K - $62K/yr

Answer customer inquiries involving rates, products, and loan application status to ensure quality customer service. * Assist clients in completing mortgage applications, collecting necessary ...

Guild

Loan Officer

Seattle, WA · On-site

Answer customer inquiries involving rates, products, and loan application status to ensure quality customer service. * Assist clients in completing mortgage applications, collecting necessary ...

Mortgage Advisory Group

Loan Originator

Seattle, WA

Supervises and trains assistants and other support staff. 13.Keeps up-to-date on all required compliance training. 14.Keeps up-to-date on all various loan programs and company products available 15.

Guild

Loan Officer

Maple Valley, WA · On-site

Answer customer inquiries involving rates, products, and loan application status to ensure quality customer service. * Assist clients in completing mortgage applications, collecting necessary ...

Guild

Loan Officer

Bothell, WA · On-site

Answer customer inquiries involving rates, products, and loan application status to ensure quality customer service. * Assist clients in completing mortgage applications, collecting necessary ...

Guild

Loan Officer

Bellevue, WA · On-site

Answer customer inquiries involving rates, products, and loan application status to ensure quality customer service. * Assist clients in completing mortgage applications, collecting necessary ...

Guild Mortgage

Loan Officer

Bellevue, WA

$15K - $62K/yr

Answer customer inquiries involving rates, products, and loan application status to ensure quality customer service. * Assist clients in completing mortgage applications, collecting necessary ...

Guild Mortgage

Loan Officer

Maple Valley, WA

$15K - $62K/yr

Answer customer inquiries involving rates, products, and loan application status to ensure quality customer service. * Assist clients in completing mortgage applications, collecting necessary ...

Guild

Loan Officer

Federal Way, WA · On-site

Answer customer inquiries involving rates, products, and loan application status to ensure quality customer service. * Assist clients in completing mortgage applications, collecting necessary ...

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All JobsLoan JobsLoan Assistant JobsLoan Assistant Jobs in Renton, WA

Loan Assistant information

See Renton, WA salary details

$32.6K

$46.9K

$61.3K

How much do loan assistant jobs pay per year?

As of Jul 27, 2026, the average yearly pay for loan assistant in Renton, WA is $46,884.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,200.00 and $52,300.00 per year, depending on experience, location, and employer.

What is the difference between Loan Assistant vs Loan Processor?

AspectLoan AssistantLoan Processor
ResponsibilitiesSupports loan officers, handles administrative tasks, prepares documentsReviews applications, verifies information, approves or denies loans
Required SkillsCustomer service, organization, basic financial knowledgeAttention to detail, analytical skills, knowledge of lending regulations
Work EnvironmentBank or mortgage office, administrative settingLoan department, financial institution, processing center
CertificationsOften no formal certification requiredRelevant financial or lending certifications beneficial

While both roles support the loan process, a Loan Assistant primarily handles administrative tasks and customer support, whereas a Loan Processor actively reviews and verifies loan applications for approval. Understanding these differences helps in choosing the right career path or job search focus within the lending industry.

What are Loan Assistants?

Loan Assistants are professionals who support loan officers and lending departments in financial institutions such as banks and credit unions. Their main duties include preparing loan documents, verifying applicant information, collecting necessary financial documents, and ensuring compliance with lending regulations. They act as a point of contact for clients, helping to answer questions and facilitate communication between borrowers and loan officers. Loan Assistants play a crucial role in making the loan process efficient and accurate, helping both the organization and its clients.

How much does a lending assistant make?

A lending assistant typically earns between $35,000 and $50,000 annually, depending on experience, location, and the employer. They often work in banking or financial institutions and may require knowledge of loan processing software and customer service skills.

Do you need a license to be a loan officer assistant?

A loan officer assistant typically does not need a license to perform administrative and support tasks. However, if the role involves directly handling loan applications or providing financial advice, some states or employers may require specific licensing or certification. It is important to check local regulations and employer requirements for this position.

What do loan assistants do?

Loan assistants support the loan processing team by gathering applicant information, verifying documents, and preparing loan files. They often use loan origination software and communicate with clients to ensure accurate and timely processing of loan applications. Attention to detail and organizational skills are essential for this role.

What Is a Loan Assistant?

Your primary responsibilities as a loan assistant are to manage and update loan applications at a bank or similar lending institution. You process all loan applications, usually with the assistance of specialized software. Your duties include checking all relevant documents, assessing the applicant’s credit, and determining the appropriate loan for the borrower. Essential qualifications include a keen grasp of financial practices, strong communication skills, and customer service experience. To pursue a career as a loan assistant or loan officer, you need a bachelor’s degree in business, economics, or finance.

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. Their overall income may also include a base salary, and they need strong knowledge of lending regulations and customer service skills to succeed.

How does a Loan Assistant typically collaborate with loan officers and other team members during the loan process?

Loan Assistants work closely with loan officers by preparing documents, gathering client information, and ensuring all paperwork is completed accurately and on time. They frequently communicate with underwriters, appraisers, and clients to resolve issues and keep the process moving smoothly. This collaboration requires strong organizational skills and attention to detail, as well as the ability to multitask and prioritize in a fast-paced environment. Building good working relationships with both internal team members and external partners is key to being successful in this role.

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

To thrive as a Loan Assistant, you need a solid understanding of financial principles, strong attention to detail, and typically an associate’s degree in finance or a related field. Familiarity with loan processing software, document management systems, and Microsoft Office Suite is commonly required. Excellent organization, customer service orientation, and clear communication skills help you stand out in this role. These abilities are crucial for ensuring accurate loan processing, efficient workflow, and positive client experiences in a fast-paced lending environment.
More about Loan Assistant jobs
What are the most commonly searched types of Loan jobs in Renton, WA? The most popular types of Loan jobs in Renton, WA are:
What cities near Renton, WA are hiring for Loan Assistant jobs? Cities near Renton, WA with the most Loan Assistant job openings:
Loan Assistant jobs near you
Infographic showing various Loan Assistant job openings in Renton, WA as of July 2026, with employment types broken down into 1% As Needed, 76% Full Time, 19% Part Time, 1% Temporary, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $46,884 per year, or $22.5 per hour.
Loan Partner I - Bilingual Russian

Loan Partner I - Bilingual Russian

NFM, Inc.

Lynnwood, WA • On-site, Remote

$21.64 - $31.25/hr

Full-time

Posted 2 days ago

Job description

The Loan Partner I provides administrative and clerical support to Loan Originators and Branch Managers throughout the mortgage loan process. This includes gathering borrower documentation, preparing files for underwriting, maintaining records, coordinating communications, and assisting with marketing and referral activities to ensure a smooth borrower experience.
SAFE Act Notice: This position is limited to administrative and clerical support. Loan Partners do not offer or negotiate loan terms, take loan applications, make credit decisions, or perform any duties requiring Mortgage Loan Originator (MLO) licensure.
Qualifications:
  • High school diploma or equivalent required; college degree in business or related field preferred.
  • Minimum of one year of mortgage, financial services, or administrative experience preferred.
  • Proficient in Microsoft 365 and experience in Encompass or similar loan origination software
  • Strong verbal and written communication skills with professional phone and email etiquette.
  • Ability to manage multiple tasks, prioritize effectively, and meet deadlines in a fast-paced environment.
  • Exceptional attention to detail and accuracy in documentation.
  • Customer service orientation with the ability to build and maintain positive relationships.
  • Strong organizational and problem-solving skills.
  • Willingness to work occasional overtime or flexible hours as needed.

Essential Job Functions include, but are not limited to:
  • Collect, organize, and verify borrower documentation (e.g., paystubs, W-2s, insurance forms) as directed by a licensed MLO.
  • Assist in preparing loan files for underwriting submission by assembling documentation, ensuring completeness, and performing data entry into loan origination systems, without providing recommendations or credit decisions.
  • Communicate with borrowers and third parties (such as title companies, appraisers, and insurance providers) to obtain missing documents or status updates, following instructions from a licensed MLO.
  • Maintain borrower records and update CRM/loan origination systems (e.g., Encompass, Surefire) with accurate data to support licensed MLO workflow.
  • Coordinate scheduling of borrower and referral partner appointments on behalf of Loan Originators/Branch Managers.
  • Prepare standard loan-related documents and correspondence (e.g., disclosures, closing packages, letters, status updates) for review and delivery by a licensed MLO.
  • Track and monitor loan pipeline reports to ensure files are current, escalating discrepancies to licensed MLOs for review.
  • Request additional items needed to satisfy underwriting conditions as directed by the MLO, without interpreting or determining sufficiency of those items.
  • Facilitate borrower communication regarding loan file status (e.g., "your appraisal is scheduled," "we still need a copy of your homeowner's insurance") without discussing or explaining loan terms.
  • Support marketing and referral partner engagement activities such as preparing marketing kits, coordinating social media content, scheduling events, and maintaining contact databases, under the direction of licensed MLOs.
  • Assist in handling inbound inquiries by routing borrower questions regarding loan programs, terms, or eligibility directly to licensed MLOs.
  • Follow up on outstanding borrower documentation requests by phone, email, or secure portal, without providing advice or eligibility determinations.
  • Generate, organize, and track sales/marketing leads in company CRM systems, ensuring leads are routed to licensed MLOs for follow-up.
  • Provide general administrative support, including document scanning, file management, supply ordering, and correspondence distribution.
  • Perform other administrative duties as assigned, provided they remain clerical or supportive in nature and do not involve offering or negotiating loan terms.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with a job.
Specialty Focus (If Applicable):
  • Administrative Support - File processing, compliance, document preparation, and operational support.
  • Sales Support - Lead tracking, referral partner coordination, borrower communication (status only), and pipeline management.
  • Marketing Support - Social media assistance, CRM marketing campaigns, event coordination, and brand awareness efforts.
  • Influencer Support - Responding to social media inquiries, collecting basic borrower information, and maintaining lead pipelines, ensuring all borrower qualification discussions are referred to licensed MLOs.

Working Conditions Information:
The physical demands described here must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is often required to walk; use hands to finger, handle, or operate computers, objects, tools, or controls; and reach with hands and arms. Specific vision abilities this job requires include close vision and the ability to adjust focus.
This job description is not a contract of employment. The employer, in its sole discretion, may modify or adjust the position to meet the organization's changing needs.
NFM Lending Inc. is an equal-opportunity employer. We value diversity and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. NFM believes success is created by a diverse workforce of individuals with different ideas, strengths, interests, and cultural backgrounds.
Additional Information:
The range provided reflects the expected compensation for this role and is considered a general guideline. Actual compensation will be decided based on factors such as geographic location, skills, education, experience assessed during the interview process, and internal pay equity. Compensation may also include incentives such as per-file bonuses and discretionary bonuses as applicable to the role.
Qualifying employees are eligible to participate in our Total Rewards program. Additional information can be found by clicking on the following link: Benefits and Total Rewards

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