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Loan Associate Jobs in Iowa (NOW HIRING)

United Bank of Iowa

Ag Loan Associate

Boone, IA · On-site

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 ...

United Bank of Iowa

Ag Loan Associate

Boone, IA · On-site

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 ...

United Bank of Iowa

Ag Loan Associate

Boone, IA · On-site

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 ...

UMB

Comml Loan Doc Proc II

Asbury, IA · On-site

$59K - $86K/yr

Loan Document Processor II The Loan Document Processor II is responsible for and has mastered the ... Amidst the other tasks, this role serves as primary mentor to Doc Processor I associates and ...

New

BankIowa

Loan Operations Specialist

Independence, IA · On-site

Other Duties as assigned by supervisorMinimum Qualifications and Knowledge Associate degree preferred; relevant experience acceptable. * Prior experience in loan operations, lending support, or ...

BankIowa

Loan Operations Specialist

Cedar Rapids, IA · On-site

Other Duties as assigned by supervisorMinimum Qualifications and Knowledge Associate degree preferred; relevant experience acceptable. * Prior experience in loan operations, lending support, or ...

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All JobsLoan Associate JobsLoan Associate Jobs in Iowa

Loan Associate information

See Iowa salary details

$10

$19

$28

How much do loan associate jobs pay per hour?

As of Sep 6, 2026, the average hourly pay for loan associate in Iowa is $19.10, according to ZipRecruiter salary data. Most workers in this role earn between $13.56 and $23.03 per hour, depending on experience, location, and employer.

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

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 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.

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.

How much does a loan associate make?

A loan associate typically earns between $35,000 and $50,000 annually, depending on experience, location, and employer. Some positions may offer additional commissions or bonuses based on performance, and strong customer service skills are often required.

What are the most commonly searched types of Loan jobs in Iowa?

The most popular types of Loan jobs in Iowa are:

What cities in Iowa are hiring for Loan Associate jobs?

Cities in Iowa with the most Loan Associate job openings:

Loan Associate jobs near you
Infographic showing various Loan Associate job openings in Iowa as of August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 29% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $39,718 per year, or $19.1 per hour.

Ag Loan Associate

United Bank of Iowa

Boone, IA • On-site

Full-time

Re-posted 23 days ago

Job description

As a member of the UBI team, the main focus of this position is to learn Ag Lending by assisting current Ag Loan Officers with loan servicing and maintenance. 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 customers with all areas on the deposit side. Become familiar with all departments of the bank in order to assist on special projects and tasks as needed. Serve as back-up and help with staffing coverage at branches as needed. Expect a 6-12 month training period with probable relocation to one of our branch banks as needed.EDUCATION REQUIREMENTBachelors degree with a major in agriculture; or an equivalent combination of education and experience in the field of agriculture.SCHEDULE:Monday - Friday: 8:00am - 5:00pm*MUST HAVE SATISFACTORY BACKGROUND CHECK INCLUDING CREDIT HISTORY*