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Loan Document Processor Jobs (NOW HIRING)

PRIMEBANK

Loan Processor

Sioux City, IA · On-site

$18.50 - $24.75/hr

This position is responsible for the production of loan documentation and for providing support to ... Knowledge of commercial and/or residential mortgage processing functions Skills and Abilities

Primebank

Loan Processor

Sioux City, IA · On-site

$18.75 - $25/hr

This position is responsible for the production of loan documentation and for providing support to ... loan processing experience, specifically loan document preparation, preferredKnowledge of ...

Primebank

Loan Processor

Sioux City, IA · On-site

$18.75 - $25/hr

This position is responsible for the production of loan documentation and for providing support to ... Knowledge of commercial and/or residential mortgage processing functions Skills and Abilities

Prime Bank

Loan Processor

Sioux City, IA · On-site

$18.75 - $25/hr

This position is responsible for the production of loan documentation and for providing support to ... Knowledge of commercial and/or residential mortgage processing functions Skills and Abilities

Canter Financial

Loan Processor

Richmond, VA · On-site

$18.50 - $24.75/hr

... document packages to closing Qualifications • Experience in mortgage loan processing, with a ... focus on customer satisfaction. • Ability to manage multiple loan files simultaneously while ...

Carvana

Loan Document Specialist

Tempe, AZ · On-site

$24/hr

As the voice of Carvana, you'll be revolutionizing the car-buying journey by making the process of ... Drive efficiency and accuracy by reviewing and verifying sensitive customer documentation (via ...

Carvana

Loan Document Specialist

Tempe, AZ · On-site

$24/hr

As the voice of Carvana, you'll be revolutionizing the car-buying journey by making the process of ... Drive efficiency and accuracy by reviewing and verifying sensitive customer documentation (via ...

Carvana

Loan Document Specialist

Tempe, AZ · On-site

$24/hr

As the voice of Carvana, you'll be revolutionizing the car-buying journey by making the process of ... Drive efficiency and accuracy by reviewing and verifying sensitive customer documentation (via ...

Canter Financial

Loan Processor

Richmond, VA

$90K/yr

Maintain detailed documentation of the process in our system - from origination to close * Prepare and submit detailed loan packages to the lender underwriting department for approval or denial

Carvana

Loan Document Specialist

Tempe, AZ

$24/hr

As the voice of Carvana, you'll be revolutionizing the car-buying journey by making the process of ... Drive efficiency and accuracy by reviewing and verifying sensitive customer documentation (via ...

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Loan Document Processor information

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How much do loan document processor jobs pay per hour?

As of Sep 9, 2026, the average hourly pay for loan document processor in the United States is $20.63, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $24.52 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.
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For Loan Document Processor jobs, the most frequently searched job titles are:

Loan Document Processor jobs near you
Infographic showing various Loan Document Processor job openings in the United States as of September 2026, with employment types broken down into 2% As Needed, 80% Full Time, 12% Part Time, 5% Contract, and 1% Nights. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $42,911 per year, or $20.6 per hour.

Loan Processor

Sioux City, IA • On-site

PRIMEBANK
Commercial Banking • 51 - 200 employees
Learn more about PRIMEBANKexternal

$18.50 - $24.75/hr

Other

Posted 13 days ago

Job description

This position is responsible for the production of loan documentation and for providing support to lenders in the Sioux City Loan Department.
Essential Duties and Responsibilities

  • Prepare and understand commercial, agricultural and consumer loan documents required for new notes, renewals, and extensions, with accuracy
  • Request credit bureau and flood determinations
  • Monitor loan files for completeness
  • Review and reconcile daily reports, identifying and resolving any data discrepancies
  • Monitor loan exception reports - updating tracking systems and resolving documentation deficiencies
  • Prepare HMDA reporting
  • Assist customers with loan transactions, loan status and interest rate inquiries
Qualifications
Education
  • A bachelor's degree in a related field or equivalent combination of education and experience
Knowledge and Experience
  • 3+ years of loan processing experience, specifically loan document preparation, preferred
  • Knowledge of commercial and/or residential mortgage processing functions
Skills and Abilities
  • Ability to identify missing items and perform tasks accurately
  • Successful customer service background
  • Excellent verbal and written communication skills
  • Proficient with Microsoft Office Suite software
  • General understanding of accounting and balancing
  • Advanced organization skills
  • Independent thinker and self-motivated
  • Analytical and problem resolution skills

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