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Loan Calculator Jobs (NOW HIRING)

e833

Loan Processor (Non-Mortgage)

Bedford, TX · On-site

$35K - $48K/yr

The Loan Processor processes approved loans up to and including disbursements, audits and books ... IT Skills (Windows, browser-based applications, Outlook 365), 10-key calculator, strong ...

Neighbors FCU

Direct Loan Processor

Baton Rouge, LA · On-site

$40K - $45K/yr

... a calculator. - Ability to type quickly and accurately. - Ability to compose letters and ... loan application software. - Proficient PC skills - Ability to obtain and maintain a Louisiana ...

M/I Homes

Loan Specialist

Naperville, IL · On-site

$24.04 - $36.57/hr

Work with loan applicant(s) to gather specific information relative to credit, employment, and ... General administrative abilities to include typing, filing and use of computer, calculator, copier ...

M/I Homes

Loan Specialist

Naperville, IL · On-site

$24.04 - $36.57/hr

Work with loan applicant(s) to gather specific information relative to credit, employment, and ... General administrative abilities to include typing, filing and use of computer, calculator, copier ...

M/I Homes

Loan Specialist

Naperville, IL · On-site

$24.04 - $36.57/hr

Work with loan applicant(s) to gather specific information relative to credit, employment, and ... General administrative abilities to include typing, filing and use of computer, calculator, copier ...

M/I Homes

Loan Specialist

Naperville, IL · On-site

$24.04 - $36.57/hr

Work with loan applicant(s) to gather specific information relative to credit, employment, and ... General administrative abilities to include typing, filing and use of computer, calculator, copier ...

Community Bank

Construction Loan Processor

Ontario, CA · On-site

$30.18 - $42.26/hr

Construction Loan Processor The Construction Loan Processor is responsible for administering ... calculator and telephone, lifting and/or moving up to ten (10) pounds, and specific vision ...

M/I Homes

Senior Loan Specialist

Columbus, OH · On-site

If applicable, interviews loan applicant(s) to gather specific information relative to credit ... Excellent mathematical skills and calculator abilities. * Must be able to lead the work of others.

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Loan Calculator information

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How much do loan calculator jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for loan calculator in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What is a loan calculator?

A Loan Calculator is an online tool or software that helps users estimate the monthly payments, total interest, and overall cost of a loan based on the loan amount, interest rate, and repayment term. By inputting these values, borrowers can better understand their financial obligations before committing to a loan. Loan calculators are useful for comparing different loan options, planning budgets, and making informed borrowing decisions.

What does a loan calculator do?

A loan calculator is a tool used by loan officers and financial professionals to estimate monthly payments, interest costs, and repayment schedules for loans. It helps assess loan affordability and compare different loan options, often using inputs like loan amount, interest rate, and term. Proficiency with financial software and understanding of loan terms are important for this role.

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

To thrive as a Loan Officer, you need a solid understanding of financial analysis, credit evaluation, and relevant banking regulations, typically supported by a degree in finance or business. Familiarity with loan origination software, credit scoring systems, and regulatory compliance tools is essential. Strong interpersonal skills, attention to detail, and effective communication help build client trust and ensure accurate processing. These abilities are critical for assessing risk, meeting regulatory requirements, and securing successful loan transactions.

What are some common challenges faced by professionals responsible for loan calculations, and how can they be addressed?

Professionals handling loan calculations often face challenges such as managing complex financial data, ensuring accuracy under tight deadlines, and keeping up with evolving lending regulations. To address these challenges, it is important to utilize reliable financial software, double-check calculations, and stay updated on industry standards and compliance requirements. Collaborating closely with loan officers and underwriters also helps ensure that all loan details are accurate and aligned with both client needs and institutional policies.

What is the difference between Loan Calculator vs Mortgage Underwriter?

AspectLoan CalculatorMortgage Underwriter
Primary FunctionEstimate loan payments and affordabilityAssess and approve mortgage loan applications
Required SkillsFinancial analysis, basic math, software proficiencyRisk assessment, financial analysis, regulatory knowledge
Work EnvironmentOnline tools, financial institutions, customer serviceBanking, lending institutions, office setting
CertificationsNone typically requiredMortgage licensing, underwriting certifications

The main difference is that a Loan Calculator is a tool used to estimate loan payments, while a Mortgage Underwriter evaluates and approves mortgage applications. The calculator helps borrowers understand potential payments, whereas the underwriter assesses risk and determines loan eligibility.

More about Loan Calculator jobs
What cities are hiring for Loan Calculator jobs? Cities with the most Loan Calculator job openings:
What states have the most Loan Calculator jobs? States with the most job openings for Loan Calculator jobs include:
What job categories do people searching Loan Calculator jobs look for? The top searched job categories for Loan Calculator jobs are:
Loan Calculator jobs near you
Infographic showing various Loan Calculator job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

AVP, Senior Loan Administrator

Banc of California

Santa Ana, CA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 27 days ago

Banc Of California rating

8.2

Company rating: 8.2 out of 10

Based on 10 frontline employees who took The Breakroom Quiz

51st of 170 rated banks

Job description

BANC OF CALIFORNIA AND YOUR CAREER
Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation's premier relationship-based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full-service branches and regional offices, as well as through digital and nationwide capabilities. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, SmartStreet™. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more.
At Banc of California, our success is powered by our people and a shared commitment to delivering meaningful results. We foster an environment where entrepreneurial thinking is encouraged, and accountability and operational excellence are expected. Our team members are empowered to take ownership, make informed decisions, and make a meaningful impact as the bank continues to grow and evolve. We are dedicated to supporting your growth and wellbeing through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best. Together we win!
THE OPPORTUNITY
The AVP, Senior Loan Administrator, is responsible for the timely processing of loan transactions from application through funding and closing of the loan. Provides support to all loan parties and is responsible to perform all essential duties related to the collection and review of due diligence and closing and funding. Performs all duties in accordance with the company's policies and procedures, all US state and federal laws and regulations, wherein the company operates. Performs all duties in accordance with the Company's policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.
HOW YOU'LL MAKE A DIFFERENCE
  • Audit loan files prepared for funding/boarding for completeness to determine that all bank requirements and guidelines have been met and that appropriate documentation were provided.
  • Analyze prepared Balancing Sheet when assistance is needed to coordinate estimated funding amount with Escrow including prepaid interest for escrow transactions, request funding and boarding after satisfactory funding and boarding file reviews.
  • AVP, Senior Loan Administrator collaborates closely and effectively manages expectations with client, Relationship Managers, and others on the loan team to ensure timely closing of loans
  • Handle complex loans, including those involving outside legal documentation and correspondence, as well as transactions involving Syndications/Participations and Specialized Lending.
  • Perform the pre-funding validation of the internal "SOX control" related to loan origination funding.
  • Conduct a thorough review of the loan file/loan package to ensure it includes all relevant documentation required for the transaction. Analyze transaction types and determine necessary due diligence items and legal documents required to ensure accurate closings and compliance with bank and regulatory requirements and procedures.
  • Identify any open items timely and work with appropriate parties to collect the necessary items Manage and update open items list as received and reviewed.
  • Coordinate insurance needs with customers, insurance brokers, and Relationship Manager to ensure proper insurance is received and collected in a timely manner.
  • Order flood certification and complete requirements according to company and regulatory requirements including but not limited to sending and receiving the flood notice from the Borrower if the loan is in a flood zone. Completing the flood calculator to ensure appropriate flood insurance is in place. Collecting and reviewing evidence of insurance to confirm coverage is in compliance with bank and regulatory requirements. May Perform final review of the flood calculator, flood determinations and flood insurance requirements for accuracy, ensuring accordance with NFIP guidelines and bank policy.
  • Order preliminary/proforma title reports, exceptions, and plotted easements and survey if applicable to identify any potential issues, discuss with the Title Officer and Underwriter as to the best course of action; Request revisions directly with the title company, if any.
  • Order 3rd party collateral reports such as appraisal, environmental, transaction screen assessment reports as needed. Review for potential issues and order additional reports as dictated by findings/conclusions.
  • Open escrow and title as needed, coordinate to schedule closings and ensure escrow settlement is accurate prior to funding and closing on the loan.
  • Review and validate entity structure and organizational documents to verify management/control. In addition to receipt of all required entity documents, AVP, Senior Loan Administrator, is responsible for obtaining additional documentation to support the review of entity documents such as the Certificate of Good Standing, Statement of Information, trust certification for applicable parties.
  • Prepare lenders instruction letter when escrow is involved.
  • Complete the loan closing and funding package, preparing the balancing sheet, wire(s) and final checklist to evidence the final pre-funding review requirements before funding and submitting the loan package for boarding.
  • May need to assist in the perfection of collateral including but not limited to filing of UCC1 and ordering of Tax Service Contracts.
  • Perform all post-closing follow up including receipt of title policy/endorsement, recorded DOT and any other collateral or trailing documentation.
  • Ensure appropriate bank-controlled accounts are opened by the Business Unit and applicable holds are on the account(s).
  • Respond to inquiries from customers, relationship managers and/or interdepartmental personnel concerning status of loan closing.
  • Works closely with outside counsel to keep closing checklist up to date, participates on calls related to the loan closing and regular follow-up with client to make sure closing checklist items are received timely.
  • Monitor loan pipeline and track progress by updating nCino Loan Admin Workflow report as needed.
  • Track good faith deposits and/or rate lock expiration dates and have RM's request extensions as necessary.
  • Request payoff demands from existing lenders.
  • Process withdrawn/declined transactions including preparation of balancing spreadsheet for refunds, prepare and send adverse action letter if applicable.
  • Maintains a professional and courteous attitude and demonstrates a true concern for internal and external clients.
  • Ensure all necessary final documents and due diligence are saved to the bank's official document repository.
  • Crosstrain junior Loan Administrators. Provide back-up support for the Loan Administration team as needed.
  • Ability to work independently with minimal supervision.
  • Maintain specialized knowledge of the loan boarding function, terminology, policies and procedures and may be required to perform the due diligence requirements for commercial loan purchases.
  • Follow all established policies and procedures.
  • Perform other duties and projects as assigned.

WHAT YOU'LL BRING
  • Bachelor's degree preferred or at least a minimum of six (6) years of commercial loan administration and financial services experience including: loan documentation preparation, loan closing and funding.
  • Proficient understanding of all documents required for all borrowing entities and ability to assess if the legal documents drawn cover all necessary terms and conditions appropriate for the approved credit product.
  • Low Income Housing Tax Credit (LIHTC) experience
  • Familiar with IBS (or similar) loan system preferred.
  • Proficient in nCino and Salesforce.
  • Current knowledge of Real Estate, Construction, Commercial & Industrial (C&I), Entertainment, Specialty Lending, Asset Based Lending, and Syndicated Lending loans.
  • Knowledgeable in all branch functions associated with origination, processing and closing.
  • Assures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
  • Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA, state and federal) and Community Reinvestment Act (CRA).
  • Ability to exercise discretion and independent judgement has moderate impact on the immediate work unit and cross functional departments.
  • Ability to make a conclusive recommendation based on independent analysis.
  • Proficient knowledge of title policies and related loan regulations such as RESPA, HMDA and other Bank lending policies.
  • Intermediate knowledge of commercial insurance terminology, forms, and bank requirements.
  • Proficient skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
  • Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
  • Effective organizational and time management skills.
  • Exceptional oral, written and interpersonal communication skills.
  • Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.
  • Ability to work with little to no supervision while performing duties.
  • High School diploma or equivalent required

HOW WE'LL SUPPORT YOU
  • Financial Security: You will be eligible to participate in the company's 401k plan which includes a company match and immediate vesting.
  • Health & Well-Being: We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA).
  • Building & Supporting Your Family: Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
  • Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
  • Career Growth Opportunities: To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

SALARY RANGE
The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.
Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to their actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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