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Loan Associate Jobs (NOW HIRING)

Consumer Loan Associate

Mission, TX ยท On-site

$18 - $22/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 22, 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.
Consumer Loan Associate

Consumer Loan Associate

Mariner Finance

North Richland Hills, TX โ€ข On-site

$18 - $22/hr

Full-time

Medical, Dental, Vision, PTO

Posted 25 days ago


Job description

Base Salary Range
USD $18.00 - USD $22.00 /Hr.
Join Mariner Finance!
Looking for a Career?
At Mariner Finance, our branch teams work directly with customers to understand their financial needs, present lending solutions, manage account relationships, and contribute to the success of the business. This customer-facing, sales-oriented role is for someone motivated, coachable, competitive, and ready to build a career in consumer finance.
Are YOU this Candidate:
  • Goal-oriented, outgoing, resilient, and motivated by success.
  • Comfortable making outbound calls, asking questions, and listening carefully.
  • Capable of uncovering customer needs and presenting customer solutions.
  • Confident engaging warm leads, building rapport, overcoming objections, and closing sales.
  • Ability to effectively handle multiple tasks and deadlines simultaneously.
  • Professional during challenging conversations.
  • Coachable, accountable, and team-oriented.
  • Thrive in a fast-paced environment.

Opportunity for YOU:
  • Growth, advancement, promotions, and raises.
  • High quality, company provided leads, and marketing support.
  • National brand in 28 states and over 500 branches.
  • Base + Incentive: sales driven environment with uncapped bonus.
  • 15 days PTO and 11 public holidays

Job Details
Qualifications:
  • 1+ years of experience in a sales position.
  • Highly motivated individual with an interest in the consumer finance industry.
  • Capable of sustaining or exceeding individual sales goals.
  • Excellent written and verbal communication skills.
  • Ability to leverage and learn new sales platforms and cutting-edge technologies.
  • Complete functions in a timely manner while maintaining accuracy.
  • High school diploma or equivalent.
  • Must be able to obtain any essential licenses required by the state.

Preferred Qualifications:
  • 1 year of outbound calling experience.
  • 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.
  • Support branch growth by meeting or exceeding individual and branch performance goals.
  • Build relationships with current and potential customers through respectful, solution-focused communication.
  • Consult with customers to understand needs and identify appropriate lending options.
  • Process loan applications and gather required credit, income, and financial information.
  • Present loan solutions and available products clearly, confidently, and compliantly.
  • Educate customers on loan terms, payment expectations, account requirements, and available services.
  • Help customers resolve account concerns, make payment arrangements, and stay on track.
  • Positively impact customer service, credit quality, and branch profitability.
  • Process payments, maintain accurate records, support cash drawer responsibilities, and assist with daily operations.
  • Learns Federal, State, and Local Application Consumer laws to ensure compliant actions.
  • Maintains a cash drawer, including processing payments and delivering daily deposits to specified financial institutions as required.
  • May perform additional functions depending on market demand and branch staffing in order to provide consistent quality customer service.

Key words:
#hiring #fulltime #career
Consumer loans, lending, opportunity, training, outbound calling, sales, bonus, hourly base pay, financial industry, benefits, collections, advancement, set schedule, career, health insurance, dental insurance, vision insurance, paid time off, holidays.
Hours of Work:
Monday, Wednesday, Thursday: 9:00AM-5:00PM
Tuesday: 9:00AM-7:00PM
Friday: 9:00AM-5:30PM
Saturday hours required seasonally and as business needs require.
To the extent permitted by law, the Company may, in its sole discretion, change the work schedule to address business needs. Work hours will depend on the business hours of the time zone serviced.
Benefits:
For information regarding our benefits, please visit: https://www.marinerfinance.com/careers/benefits/
Physical Demands:
While performing the duties of this job, the employee is frequently required to sit for extended periods; reach with hands and arms; operate computer and phone systems; and talk or hear. The employee is occasionally required to move about. The employee is required to be physically present in the office. The employee must occasionally lift and/or move up to twenty (20) pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.
EEO:
Mariner Finance is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, creed, sex, gender, gender identity or expression, marital status, age, religion, national origin, sexual orientation, familial or caregiver status, citizenship status, status as a victim of domestic violence, medical condition, genetic information, pregnancy, physical or mental disability, or status as a disabled or Vietnam era veteran. Employee must be able to perform the essential duties/functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential duties/functions of their job, absent undue hardship. Drug/Alcohol/Smoke-free workplace.
This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee. Duties, responsibilities, and activities may change or new ones may be assigned at any time or without notice. The base salary offered within the posted range will be determined based on a variety of job-related factors, including relevant skills, qualifications, experience, and internal equity.
IND3 #LI-Onsite #LI-FV1.