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Loan Associate Jobs (NOW HIRING)

Loan Associate Location: Broomfield, CO (In-Office) Job Type: Full-Time Non-Exempt Salary: $25.49 - $35.58/HR Actual offer will be based on experience, location, education, and/or skills Applications ...

Loan Associate

Broomfield, CO · On-site

$25.49 - $35.58/hr

Loan Associate Location: Broomfield, CO (In-Office) Job Type: Full-Time Non-Exempt Salary: $25.49 - $35.58/HR *Actual offer will be based on experience, location, education, and/or skills*

Loan Associate

Broomfield, CO · On-site

$25.49 - $35.58/hr

Loan Associate Location: Broomfield, CO (In-Office) Job Type: Full-Time Non-Exempt Salary: $25.49 - $35.58/HR *Actual offer will be based on experience, location, education, and/or skills*

Senior Loan Associate

Boulder, CO · On-site

$30.29 - $43.27/hr

Senior Loan Associate Location: Boulder, CO (In-Office) Job Type: Full-Time Non-Exempt Salary: $30.29 - $43.27/HR *Actual offer will be based on experience, location, education, and/or skills*

Senior Loan Associate

Boulder, CO · On-site

$30.29 - $43.27/hr

Senior Loan Associate Location: Boulder, CO (In-Office) Job Type: Full-Time Non-Exempt Salary: $30.29 - $43.27/HR *Actual offer will be based on experience, location, education, and/or skills*

Senior Loan Associate

Boulder, CO · On-site

$30.29 - $43.27/hr

Senior Loan Associate Location: Boulder, CO (In-Office) Job Type: Full-Time Non-Exempt Salary: $30.29 - $43.27/HR Actual offer will be based on experience, location, education, and/or skills ...

Assists with all aspects of the loan process, as well as loan review. Become trained and knowledgeable on all Teller duties and UBI products in order to assist with Teller duties and to help ...

Assists with all aspects of the loan process, as well as loan review. Become trained and knowledgeable on all Teller duties and UBI products in order to assist with Teller duties and to help ...

Assists with all aspects of the loan process, as well as loan review. Become trained and knowledgeable on all Teller duties and UBI products in order to assist with Teller duties and to help ...

Consumer Loan Associate

New Albany, IN · On-site

$20 - $25/hr

Experience in lending, consumer loans, or collections. * Bachelor's degree. Responsibilities: * Make outbound calls to develop business, follow up on opportunities, and support account relationships.

Assists Relationship Managers with the completion of loan applications and supporting documentation for commercial loans. Requests necessary supporting documentation for loan processing. Works with ...

Experience in lending, consumer loans, or collections. * Bachelor's degree. Responsibilities: * Make outbound calls to develop business, follow up on opportunities, and support account relationships.

Consumer Loan Associate

New Albany, IN · On-site

$20 - $25/hr

Experience in lending, consumer loans, or collections. * Bachelor's degree. Responsibilities: * Make outbound calls to develop business, follow up on opportunities, and support account relationships.

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Loan Associate information

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How much do loan associate jobs pay per hour?

As of Jul 21, 2026, the average hourly pay for loan associate in the United States is $20.33, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $24.52 per hour, depending on experience, location, and employer.

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

To thrive as a Loan Associate, you need a solid understanding of financial principles, loan processing procedures, and regulatory compliance, often supported by a degree in finance or a related field. Familiarity with loan origination software, credit analysis tools, and document management systems is commonly required. Strong attention to detail, customer service orientation, and effective communication skills help Loan Associates excel in client interactions and team environments. These skills and qualities are vital for ensuring accurate loan processing, regulatory adherence, and positive client experiences.

How much does a loan associate make?

A loan associate typically earns a median annual salary of around $40,000 to $50,000, depending on experience, location, and the employer. Entry-level positions may start lower, while experienced associates or those in high-cost areas can earn more, often supplemented with bonuses or commissions. Strong customer service and knowledge of financial products are important skills for this role.

What does a Loan Associate do?

A Loan Associate assists clients with the loan application process, reviews financial documents, and helps determine eligibility for various loan products. They work closely with loan officers and underwriters to ensure all required documentation is complete and accurate. Additionally, Loan Associates may answer customer questions, verify information, and process paperwork to support timely loan approvals and disbursements.

What jobs pay 500,000 a year in the US?

High-paying jobs that can reach or exceed $500,000 annually include roles such as senior investment bankers, top executives like CEOs and CFOs, specialized surgeons, and successful entrepreneurs. These positions often require advanced education, extensive experience, and sometimes ownership or leadership of large organizations or practices.

How much does a mortgage broker make on a $500,000 loan?

A mortgage broker typically earns a commission based on the loan amount, often around 0.5% to 1%, which would be approximately $2,500 to $5,000 on a $500,000 loan. The exact commission can vary depending on the broker, lender, and loan specifics, and may include additional fees or bonuses for volume or performance.

What are some common challenges faced by Loan Associates during the loan processing cycle?

Loan Associates often encounter challenges related to balancing multiple loan applications simultaneously while ensuring compliance with regulatory requirements. They must carefully verify documentation, communicate effectively with applicants, and coordinate with underwriters and loan officers to keep the process on track. Staying organized and adaptable is key, as changes in applicant circumstances or evolving lending guidelines can require prompt adjustments. Successfully managing these tasks helps ensure timely loan approvals and a positive borrower experience.

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 regulations can influence earnings.

What is the difference between Loan Associate vs Mortgage Processor?

AspectLoan AssociateMortgage Processor
CredentialsHigh school diploma or equivalent; some roles may prefer relevant certificationsHigh school diploma; some roles may require mortgage-specific certifications
Work EnvironmentBank branches, credit unions, or financial institutionsMortgage companies, banks, or lending institutions
Job ResponsibilitiesAssisting clients, gathering documents, processing loan applicationsReviewing documents, verifying information, preparing files for approval
Industry UsageCommonly employed in retail banking and lendingPrimarily in mortgage lending and real estate finance

While both roles support the loan process, a Loan Associate typically handles client interactions and initial documentation, whereas a Mortgage Processor focuses on verifying and preparing mortgage files for approval. Understanding these differences can help job seekers identify the right position in the lending industry.

What cities are hiring for Loan Associate jobs? Cities with the most Loan Associate job openings:
What are the most commonly searched types of Loan jobs? The most popular types of Loan jobs are:
Who are the top companies hiring for Loan Associate jobs? The top employers for Loan Associate jobs are:
What states have the most Loan Associate jobs? States with the most job openings for Loan Associate jobs include:
Infographic showing various Loan Associate job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 69% Full Time, 28% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $42,286 per year, or $20.3 per hour.
Loan Associate

$25.49 - $35.58/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 5 days ago


Job description

Loan Associate

Location: Broomfield, CO (In-Office)

Job Type: Full-Time Non-Exempt

Salary: $25.49 - $35.58/HR   Actual offer will be based on experience, location, education, and/or skills

Applications should be submitted for consideration no later 07/31/2026.

____________________________________________________________________________________________________

Who We're Looking For

You're detail-oriented and service-driven, with a solid foundation in loan support and a passion for helping clients succeed. From preparing loan files to monitoring past dues and covenants, you're someone who keeps processes organized and accurate.

You bring a team-first mindset, strong communication skills, and a client-focused approach to every interaction-whether it's with a colleague or a client. If you're eager to grow your lending knowledge and support a high-performing Relationship Banking team, this role is for you.

 About the Role

The Loan Associate plays a critical role in supporting the full lifecycle of loans after origination. This role handles a wide range of operational tasks, including loan boarding, funding, payment processing, collateral tracking, and paid loan documentation.

Working independently under general supervision, you'll prioritize daily workflows, ensure accuracy across systems, and serve as a resource to peers through training and cross-coverage support. Your ability to manage multiple priorities while maintaining strong attention to detail will drive consistency across the loan servicing process.

 What You'll Do
  • Gather due diligence documents and application materials; help prepare credit files and supporting documentation for new and renewed loan opportunities.
  • Compile and organize file-appropriate approval documents and assist in preparing closing packages in coordination with Relationship Bankers.
  • Partner with Loan Operations to ensure accurate booking and funding of new loans, and support ongoing maintenance of the loan portfolio.
  • Track past due loans, annual reviews, maturing loans, and renewals; ensure data accuracy and timely follow-up on outstanding items.
  • Respond to client requests, including loan advances, account updates, and payment inquiries.
  • Assist with preparation of presentations and materials for onboarding new clients and supporting Relationship Banker planning efforts.

What You Bring

  • Bachelor's degree or equivalent professional experience.
  • 0-3 years of experience in banking, lending, credit, or a related development program.
  • Proficiency in Microsoft Office Suite, particularly Excel.
  • Familiarity with banking systems and credit software; CRM experience preferred.
  • Strong attention to detail, accuracy, and organizational skills.
  • Excellent verbal and written communication skills.
  • High initiative and follow-through, with a strong customer service mindset.
  • Ability to prioritize and complete tasks independently and collaboratively.
  • Demonstrated ability to resolve routine problems using established procedures and escalate issues when necessary.
  • Capable of navigating multiple internal relationships and working productively with peers, Relationship Bankers, credit, and operations teams. Some external client contact on routine matters.
 What We Offer
  • Competitive base salary: $25.49 - $35.58/HR, plus strong bonus potential.
  • 401(k) plan with employer match.
  • Paid parking and transportation benefits.
  • Comprehensive health and wellness benefits, including:
    • Health savings accounts (HSA)
    • Flexible spending accounts (FSA)
    • Medical, dental, and vision coverage
  • Generous paid time off and bank holidays.
  • Access to training and professional development programs.
  • Sponsorship and support for obtaining professional certifications.
  • A culture of collaboration, continuous improvement, and shared success.

____________________________________________________________________________________________________

Who We Are

At First Western Trust, we're more than just a financial institution-we're a team of forward-thinkers committed to excellence, innovation, and impact. Our culture thrives on teamwork and mutual respect, grounded in the belief that diverse perspectives fuel creativity and help us tackle challenges in fresh, effective ways.

We celebrate each other's successes, welcome new ideas, and take personal ownership in everything we do. A genuine desire to positively impact our clients, communities, and one another drives our work. We meet challenges with a growth mindset, act with urgency and accountability, and constantly strive to raise the bar for ourselves and our clients.

Leadership at First Western means setting an example and fostering a culture of trust, transparency, and respect. Whether you're just beginning your journey or bringing years of experience, you'll find a welcoming community where your contributions are valued and your potential is boundless.

We expect our people to:

  • Demand and reward excellence.
  • Take action and responsibility.
  • Collaborate, communicate openly, and give/receive feedback with trust.
  • Go above and beyond to do what's right-always.

If that sounds like you, you'll fit right in.

Learn more at myfw.com or email Talent.Management@myfw.com. 

Equal Opportunity Employer

First Western Trust is proud to be an Equal Opportunity Employer. We are committed to creating a diverse, inclusive, and respectful workplace where every team member is valued and given the opportunity to thrive. We welcome applicants of all backgrounds and experiences and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected status. For accommodation requests, please contact Talent.Management@myfw.com.Â