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Loan Document Processor Jobs in Indiana (NOW HIRING)

Crosscountrymortgage

Loan Processor

Carmel, IN

$18.75 - $25/hr

The Loan Processor is responsible for providing quality customer service by obtaining necessary ... Verify all required documentation (pre-underwrite) in the file. * Complete the required loan ...

CrossCountry Mortgage

Loan Processor

Carmel, IN · On-site

$18.75 - $25/hr

The Loan Processor is responsible for providing quality customer service by obtaining necessary ... Verify all required documentation (pre-underwrite) in the file. * Complete the required loan ...

1st Signature Lending

Be Seen First

Mortgage Loan Processor

Indianapolis, IN · On-site

$38K - $52K/yr

Primarily responsible for processing, reviewing and preparing loan documentation for compliance, completeness, and accuracy. Job Functions: Effectively process and deliver for underwriting review and ...

Northwest

Senior Virtual Loan Processor

Fishers, IN

$33/hr

Examine loan documentation for accuracy and completeness * Promote customer loyalty by providing ... processing mortgage and/or equity loans for a financial institution preferred * Knowledge of ...

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 ...

Northwest Bank

Senior Virtual Loan Processor

Fishers, IN · On-site

$28 - $33/hr

Examine loan documentation for accuracy and completeness * Promote customer loyalty by providing ... processing mortgage and/or equity loans for a financial institution preferred * Knowledge of ...

Via Credit Union

Indirect Loan Processor

Marion, IN · On-site

$20 - $25/hr

The Indirect Loan Processor is responsible for processing all approved incoming contracts from ... Verify all documentation is included in the indirect contract packet * Verify signatures are ...

Via Credit Union

Indirect Loan Processor

Marion, IN · On-site

$16.75 - $22.25/hr

The Indirect Loan Processor is responsible for processing all approved incoming contracts from ... Verify all documentation is included in the indirect contract packet * Verify signatures are ...

Via Credit Union

Indirect Loan Processor

Marion, IN · On-site

$16.75 - $22.25/hr

The Indirect Loan Processor is responsible for processing all approved incoming contracts from ... Verify all documentation is included in the indirect contract packet * Verify signatures are ...

Via Credit Union

Indirect Loan Processor

Marion, IN · On-site

The Indirect Loan Processor is responsible for processing all approved incoming contracts from ... Verify all documentation is included in the indirect contract packet * Verify signatures are ...

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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 2, 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 documentation processor do?

A loan documentation processor reviews, prepares, and verifies loan documents to ensure accuracy and compliance with lending policies. They organize and manage paperwork, often using loan processing software, to facilitate the approval and funding process for loans.

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.

Will MLO be replaced by AI?

Loan Document Processors (LDPs) play a key role in reviewing and managing loan documents, and while AI can assist with data extraction and document verification, it is unlikely to fully replace human processors due to the need for judgment and compliance oversight. AI tools are increasingly used to improve efficiency, but human oversight remains essential in complex or nuanced cases. LDPs with skills in document management and familiarity with loan software will continue to be valuable in the industry.

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 on a $500,000 loan. Their total compensation may also include a base salary and bonuses, depending on the employer and location. Skills in underwriting and customer service can influence earning potential.

What does a loan processor do?

A loan processor reviews and verifies loan applications, gathers necessary documentation, and ensures all information complies with lending guidelines. They coordinate with borrowers, underwriters, and lenders to facilitate the approval process and may use loan processing software to manage cases efficiently.

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.

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 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 July 2026, with employment types broken down into 97% Full Time, and 3% Part Time. Highlights an 94% In-person, 3% Hybrid, and 3% Remote job distribution, with an average salary of $40,832 per year, or $19.6 per hour.

Commercial Loan Processor

Everwise Credit Union

South Bend, IN • On-site

Full-time

Re-posted 2 hours ago

Job description

Job Description:
Position Summary:
The Commercial Loan Processor is responsible for processing commercial loans, ensuring compliance with regulatory standards. The incumbent is responsible for management of loan closings and post-closing process and the ongoing loan servicing responsibilities.
Primary Responsibilities and Duties:
  • Order and review due diligence reports according to established guidelines and specific transaction approvals.
  • Review and process commercial loan applications. Ensure all applications are complete, accurate, and meet our lending criteria.
  • Prepare commercial loan document packages and submit to Sr. Commercial Loan Processor for review and approval prior to proceeding with closing.
  • Perfect the credit union's lien on various types of collateral, i.e. filing mortgage, placing lien on titled vehicles, recording UCC financing statements.
  • Review final closing documentation for accuracy, and regulatory and policy compliance.
  • Update commercial reporting systems with post-closing and on-going servicing information.
  • Review and process construction loan draws according to approved procedures.
  • Prepare commercial loan pay-off letters and collateral releases promptly and accurately.
  • Assists the Senior Commercial Loan Processors
  • Assume additional responsibilities as required for the growth and advancement of Everwise.

Knowledge/Skills:
  • Foundation and understanding of commercial lending processes.
  • Experience in commercial lending regulations and legal requirements.
  • Experience managing documentation process for commercial loans.
  • Excellent communication skills and customer service skills.

Minimum Requirements:
  • High School Diploma or GED
  • 1+ years' experience in commercial loan processing, mortgage loan servicing or processing, or title and escrow operations including property title research, documentation and closing coordination
  • Experience working in loan processing software
  • Proficient in Microsoft Office suite.

Everwise is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

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