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Loan Document Processor Jobs in Indiana (NOW HIRING)

Farmers State Bank

Mortgage Loan Processor

Lagrange, IN · On-site

$15.43 - $25.72/hr

Review documents/reports and verify information was entered correctly and in compliance with ... Calculates and processes loan payoffs. * Balances various accounts. * Input rate changes for ...

New

Natco Credit Union

Mortgage Loan Processor

Richmond, IN · On-site

$20/hr

This position is responsible for processing loan documentation, maintaining accurate records, coordinating loan closings, ensuring regulatory compliance, and providing exceptional member service.

Natco Credit Union

Mortgage Loan Processor

Richmond, IN · On-site

$35K - $49K/yr

This position is responsible for processing loan documentation, maintaining accurate records, coordinating loan closings, ensuring regulatory compliance, and providing exceptional member service.

Merchants Bancorp

Mortgage Loan Processor

Carmel, IN · On-site

$39K - $54K/yr

Mortgage Loan Processor The Mortgage Loan Processor is responsible for ensuring the timely and ... Avoid emailing documents whenever possible, preferred method is to have borrower submit through the ...

Merchants Bancorp

Mortgage Loan Processor

Carmel, IN · On-site

$37K - $52K/yr

The Mortgage Loan Processor also performs pre-underwriting of investor loans and full underwriting ... Avoid emailing documents whenever possible, preferred method is to have borrower submit through the ...

Owen County State Bank

Loan Processor

Spencer, IN · On-site

$16 - $21.50/hr

Processing loan and participation payments. * Maintain and process titled collateral. * Provide ... Scan loan files into Document Management System. * Track errors and omissions policy for bank ...

Owen County State Bank

Loan Processor

Spencer, IN · On-site

$16 - $21.50/hr

Processing loan and participation payments. * Maintain and process titled collateral. * Provide ... Scan loan files into Document Management System. * Track errors and omissions policy for bank ...

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All JobsLoan Document Processor JobsLoan Document Processor Jobs in Indiana

Loan Document Processor information

See Indiana salary details

$10

$19

$29

How much do loan document processor jobs pay per hour?

As of Aug 26, 2026, the average hourly pay for loan document processor in Indiana is $19.63, according to ZipRecruiter salary data. Most workers in this role earn between $15.58 and $23.32 per hour, depending on experience, location, and employer.

What does a loan document processor do?

A Loan Document Processor is responsible for reviewing, preparing, and organizing documents required for loan applications and approvals. They ensure all paperwork is complete, accurate, and compliant with regulatory standards before submitting them for underwriting or closing. Their role involves communicating with loan officers, applicants, and other parties to gather necessary information and resolve discrepancies. Loan Document Processors play a critical role in making sure the loan process runs smoothly and efficiently.

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

To thrive as a Loan Document Processor, you need strong attention to detail, organizational skills, and a basic understanding of loan documentation and lending regulations, often supported by a high school diploma or relevant experience. Familiarity with loan origination systems (LOS), document management software, and industry compliance tools is typically required. Excellent communication, time management, and problem-solving abilities help you coordinate with clients and stakeholders efficiently. These skills ensure the accuracy, timeliness, and compliance of loan processing, which are critical for minimizing errors and maintaining customer trust.

What are some common challenges faced by loan document processors, and how can they be managed?

Loan Document Processors often encounter challenges such as managing tight deadlines, ensuring the accuracy of complex documentation, and coordinating with multiple departments like underwriting and compliance. To manage these challenges, strong organizational skills, attention to detail, and effective communication are essential. Many teams use specialized software to track document status and automate parts of the workflow, which helps reduce errors and improve efficiency. Regular training and collaboration with colleagues also support continuous improvement in this fast-paced environment.

What is the difference between Loan Document Processor vs Loan Underwriter?

AspectLoan Document ProcessorLoan Underwriter
CredentialsHigh school diploma or equivalent; some roles may prefer post-secondary educationTypically requires a mortgage or financial certification; some roles may need a bachelor's degree
Work EnvironmentOffice setting, processing loan documents, data entry, and verificationOffice setting, analyzing loan applications, assessing risk, and making approval decisions
Industry UsageCommonly employed in mortgage, banking, and financial servicesPrimarily in mortgage lending, banking, and financial institutions

The main difference is that a Loan Document Processor focuses on reviewing and organizing loan documents, while a Loan Underwriter evaluates the loan application and determines approval based on risk assessment. Both roles are essential in the loan process but serve different functions within the lending industry.

How much do entry level loan document processors make?

Entry-level loan document processors typically earn between $15 and $20 per hour, depending on location and employer. Starting salaries can vary based on experience, with some positions offering additional benefits or opportunities for advancement.

Is a loan document processor a difficult job?

A loan document processor's job involves reviewing and organizing loan documents, which requires attention to detail and familiarity with loan procedures. The role can be straightforward for those with strong organizational skills and basic knowledge of financial documents, but it may involve repetitive tasks and strict deadlines. Proficiency with document management software and understanding of loan processes can help make the job easier.

What qualifications do I need to be a loan document processor?

A loan document processor typically needs a high school diploma or equivalent, strong attention to detail, and proficiency with office software such as Microsoft Office. Knowledge of loan documentation, basic accounting, and good organizational skills are also important, and some employers may prefer prior experience in banking or finance.

What are the most commonly searched types of Loan Document Processor jobs in Indiana?

The most popular types of Loan Document Processor jobs in Indiana are:

What are popular job titles related to Loan Document Processor jobs in Indiana?

For Loan Document Processor jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Loan Document Processor jobs in Indiana look for?

The top searched job categories for Loan Document Processor jobs in Indiana are:

Loan Document Processor jobs near you
Infographic showing various Loan Document Processor job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 13% Part Time, and 4% Contract. Highlights an 84% Physical, 4% Hybrid, and 12% Remote job distribution, with an average salary of $40,832 per year, or $19.6 per hour.

LOAN PROCESSOR I

Springs Valley Bank & Trust Company

Jasper, IN • On-site

$16.75 - $22.25/hr

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

JOB DESCRIPTION: LOAN PROCESSOR I

DEPARTMENT: Loan

CLASSIFICATION: Non - Exempt

REPORTS TO: Loan Operations Manager

SUPERVISES: No supervisory responsibility

JOB SUMMARY: Responsible for the processing and administration of loans in one or more of the following areas: consumer, mortgage, and commercial loans.

MAJOR DUTIES & RESPONSIBILIIES:

  • Responsible for input and audit of consumer, mortgage, and commercial loans.
  • Provides administrative assistance to the lenders and staff, including processing loan payments, inputting and updating loan data in the system, and maintaining loan records and files (paper and electronic).
  • Assembles and verifies accuracy of loan documentation. Ensures that loan files contain documents and with proper signature, dates and other relevant data.
  • Performs clerical duties as related to working ticklers and maintaining departmental records.
  • Answers customer questions and resolves routine problems with inquires regarding payoffs, changes of owner, note modifications, beneficiaries, and other loan details.
  • Balances Assigned General Ledgers
  • Processes Escrow which may include Home-Owner's Insurance, PMI, Property Taxes, and Home Owner's Association Dues
  • Works through Escrow Analysis
  • Provides input on QM procedures, updates as directed by loan operations manager.
  • Actively achieves individual sales, referral, operational, and community involvement goals.
  • Scans and Images documentation within Director
  • Performs other duties as assigned.

EDUCATION & EXPERIENCE:

  • High school diploma or equivalent. Three to five years of experience in a financial institution, lending setting, or office environment.
  • Good understanding of financial institution products and services.
  • Good organizational skills with attention to detail.
  • Fluency in computer applications and Microsoft Office Environment.

EOE, including disability/vets

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