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Loan Associate Jobs in Indiana (NOW HIRING)

Join the winning team at First Business Bank as a Financing Associate! First Business Bank is a Top ... Processing new business loans efficiently and within established turnaround times * Managing payoff ...

The Financing Associate is the primary point of contact for our clients, ensuring their day-to-day ... Processing new business loans efficiently and within established turnaround times * Managing payoff ...

Loan Officer Associate We are Lennar Lennar is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for their Homeowners, Communities, and ...

Loan Officer Associate We are Lennar Lennar is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for their Homeowners, Communities, and ...

New

Loan Officer Associate We are Lennar Lennar is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for their Homeowners, Communities, and ...

New

As a Warehouse Associate, you'll play a key role in our Logistics Center in a variety of ways, helping us to assure that our customers are getting their product in a timely, efficient manner. In this ...

As a Warehouse Associate, you'll play a key role in our Logistics Center in a variety of ways, helping us to assure that our customers are getting their product in a timely, efficient manner. In this ...

As a Warehouse Associate, you'll play a key role in our Logistics Center in a variety of ways, helping us to assure that our customers are getting their product in a timely, efficient manner. In this ...

As a Warehouse Associate, you'll play a key role in our Logistics Center in a variety of ways, helping us to assure that our customers are getting their product in a timely, efficient manner. In this ...

You will conduct on-site meetings, engaging directly with customers, homebuilding associates, and ... Loan Origination and Advisory: Originate and prepare new loans meticulously, adhering to federal ...

You will conduct on-site meetings, engaging directly with customers, homebuilding associates, and ... Loan Origination and Advisory: Originate and prepare new loans meticulously, adhering to federal ...

You will conduct on-site meetings, engaging directly with customers, homebuilding associates, and ... Loan Origination and Advisory: Originate and prepare new loans meticulously, adhering to federal ...

You will conduct on-site meetings, engaging directly with customers, homebuilding associates, and ... Loan Origination and Advisory: Originate and prepare new loans meticulously, adhering to federal ...

Our associates are the most valuable asset we have. The collective sum of the individual ... Interview loan applicants to document income, debt, credit history, employment, and general ...

Our associates are the most valuable asset we have. The collective sum of the individual ... Interview loan applicants to document income, debt, credit history, employment, and general ...

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Loan Associate information

See Indiana salary details

$10

$19

$29

How much do loan associate jobs pay per hour?

As of Jun 11, 2026, the average hourly pay for loan associate in Indiana is $19.35, according to ZipRecruiter salary data. Most workers in this role earn between $13.70 and $23.32 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.

What does a loan associate do?

A loan associate assists customers with applying for loans, reviews financial documents, and helps determine loan eligibility. They often work with loan officers and use financial software to process applications, ensuring compliance with lending policies. Strong communication and attention to detail are essential skills for this role.

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 plus bonuses, depending on the employer and location. Skills in sales and knowledge of lending regulations can influence earnings.

What job makes $10,000 a month without a degree?

A Loan Associate typically does not earn $10,000 a month without significant experience or commission-based incentives. High earnings in such roles usually depend on sales performance, client volume, or bonuses, and most positions require relevant skills or certifications rather than a formal degree. Generally, high-paying jobs without a degree are rare and often involve sales, entrepreneurship, or specialized trades.

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 are the most commonly searched types of Loan jobs in Indiana? The most popular types of Loan jobs in Indiana are:
What cities in Indiana are hiring for Loan Associate jobs? Cities in Indiana with the most Loan Associate job openings:
Financing Associate

Financing Associate

First Business Bank

Indianapolis, IN

Full-time

Posted 5 days ago


Job description

Join the winning team at First Business Bank as a Financing Associate!
First Business Bank is a Top Workplaces USA company, learn more here. 
  
At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority — they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other’s differences, and a focus on improving our communities, we are confident you’ll find the experience is your advantage. We’re delighted you’re considering joining us!  
OVERVIEW
This role is an onsite position 8am-5pm Monday-Friday with the flexibility of 1 day remote post onboarding.   
Office Location: 3850 Priority Way South Drive, Indianapolis, IN. 
We’re looking for a motivated, detail-oriented Financing Associate to support our business clients with their loan details. 
The Financing Associate is the primary point of contact for our clients, ensuring their day‑to‑day needs are met with accuracy, urgency, and care.

POSITION OVERVIEW:  

  • Serving as the go-to resource for our business clients
  • Processing new business loans efficiently and within established turnaround times
  • Managing payoff timelines and releases
  • Reconciling monthly audit inspections and reporting findings to management
  • Ensuring clients maintain compliance with their agreements
  • Utilizing collection skills when needed to support portfolio performance
  • Delivering best-in-class customer service with every interaction
  • Developing a comprehensive understanding of bank policies, processes, and procedures

POSITION REQUIREMENTS:  

  • Banking experience preferred
  • Able to effectively and professionally communicate with clients and internal team members.
  • Self-motivated, independent and able to effectively utilize training and resource materials.
  • Proficiency with Outlook, Excel, Word
  • Effectively prepare or review of documents and reports using Microsoft Office based products, Customer Relationship Management (CRM) tools and internal work queues at a satisfactory pace.