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Loan Documentation Processor Jobs (NOW HIRING)

Loan Documentation Processor

Pierre, SD ยท On-site

$18.75 - $25/hr

Assure correct loan documentation is built for each loan request processed. Verify loan documentation generated follows BankWest policies and regulatory guidelines. Assist with compliance and ...

Process documentation for line of credit renewals, extensions, modifications, loan increases, and new loan offerings. * Update loan data in internal systems; create and manage UCC templates in CT ...

Process documentation for line of credit renewals, extensions, modifications, loan increases, and new loan offerings. * Update loan data in internal systems; create and manage UCC templates in CT ...

The documentation process includes all new loans, amended and restated, renewals, modifications and amendments. * At times works with internal or external counsel to supplement documentation when ...

The documentation process includes all new loans, amended and restated, renewals, modifications and amendments. * At times works with internal or external counsel to supplement documentation when ...

The documentation process includes all new loans, amended and restated, renewals, modifications and amendments. * At times works with internal or external counsel to supplement documentation when ...

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Loan Documentation Processor information

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How much do loan documentation processor jobs pay per hour?

As of Jun 12, 2026, the average hourly pay for loan documentation processor 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 the difference between Loan Documentation Processor vs Loan Underwriter?

AspectLoan Documentation ProcessorLoan Underwriter
Primary RolePrepares, reviews, and organizes loan documents for accuracy and completenessEvaluates loan applications, assesses risk, and approves or denies loans
Required SkillsAttention to detail, knowledge of loan documents, data entryAnalytical skills, risk assessment, financial analysis
Work EnvironmentOffice setting, often in banks or mortgage companiesOffice setting, financial institutions, mortgage companies
CertificationsTypically none required, but familiarity with loan software helpfulLoan underwriting certifications may be preferred

While both roles are involved in the loan process, the Loan Documentation Processor focuses on preparing and verifying loan documents, whereas the Loan Underwriter evaluates the loan application to determine approval. They work closely but serve different functions within the lending process.

What does a Loan Documentation Processor do?

A Loan Documentation Processor is responsible for preparing, reviewing, and verifying all documents required for loan applications and approvals. They ensure that all paperwork is complete, accurate, and compliant with regulations and lender policies. Their work helps facilitate smooth loan closings by coordinating with lenders, borrowers, and other parties involved in the loan process. Attention to detail and knowledge of relevant laws are key skills for this role.

What are the key skills and qualifications needed to thrive as a Loan Documentation Processor, and why are they important?

To thrive as a Loan Documentation Processor, you need strong attention to detail, organizational skills, and knowledge of loan processing procedures, typically supported by a high school diploma or associate degree in business or finance. Familiarity with loan origination systems, document management software, and compliance regulations is essential. Excellent communication, problem-solving abilities, and time management are key soft skills that distinguish top performers in this role. These skills ensure accurate processing, regulatory compliance, and efficient workflow, which are critical for minimizing errors and maintaining client trust.

What are some common challenges Loan Documentation Processors face when managing multiple loan files simultaneously?

Loan Documentation Processors often handle numerous loan files at once, which can make prioritizing tasks and maintaining accuracy under tight deadlines challenging. Ensuring all required documents are complete, accurate, and compliant with regulatory standards requires strong organizational skills and attention to detail. Collaboration with loan officers, underwriters, and closing agents is essential to resolve discrepancies and gather missing information efficiently. Leveraging document management systems and effective communication can help streamline workflows and reduce the risk of errors.
More about Loan Documentation Processor jobs
What states have the most Loan Documentation Processor jobs? States with the most job openings for Loan Documentation Processor jobs include:
Infographic showing various Loan Documentation Processor job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
Loan Documentation Processor

Loan Documentation Processor

BankWest

Pierre, SD โ€ข On-site

$18.75 - $25/hr

Full-time

Posted 3 days ago


Job description

Scope of Job:

Work with branch personnel bankwide to ensure loan documentation generated is correct and adheres to bank and regulatory standards. Provide administrative and operational support for internal customers. Assist with boarding and maintenance of loan account information onto bank mainframe as processing area workflow demands. Provide information and assistance efficiently and courteously to authorized Associates. Maintain high level of confidentiality.

Primary Duties:

Assure correct loan documentation is built for each loan request processed. Verify loan documentation generated follows BankWest policies and regulatory guidelines.

Assist with compliance and technical issues as necessary. Ensure that affected staff members are thoroughly trained on proper use of loan documentation software and are advised of any updates or changes as necessary.

Under the general guidance of the Loan Operations Administrator, verify accuracy of information boarded on BankWest's mainframe system. Activate new loans and perform maintenance on a daily basis. Assure accuracy of data entry and compliance with regulatory requirements.

Complete all loan maintenance requests for existing loan customers in accordance with daily deadlines. Check closely the correctness of work done by others and identify differences between similar items. Assure confidentiality both internally and externally.

Respond quickly and positively to inquiries for assistance regarding loan documentation, the platform application, operational, and regulatory items.

Serve as backup to review and import various loan data entered into Horizon. Check for completeness and accuracy of items boarded. Investigate questionable entries and initiate corrective measures.

Assist with payment processing.

Secondary Duties:

Work as a team with departmental counterparts on planning and implementing assigned projects and products.

Participate on various committees and project teams as deemed appropriate by management.

Attend, actively participate in organization, job specific training offered, and Quality Service programs.

Adhere to all applicable Policies and Procedures of BankWest organization.

Community involvement is strongly encouraged.

Other duties as assigned.

Requirements

Education:

A high school diploma or equivalent.

Experience:

1 years' experience in related field.

Knowledge and Special Skills:

Ability to work dependently and/or independently, under pressure, meet deadlines, and adjust work schedules as needed to complete job responsibilities.

Ability to organize and handle multiple responsibilities while delivering quality external and/or internal Customer Service.

Strong interpersonal skills to ensure effective communication with external and/or internal customers.

Knowledge or ability to learn regulatory requirements pertinent to performance of specified duties in job description.

Knowledge of banking terminology and procedures.

Ability to skillfully use a variety of application software, learn computer programs, and comprehend the program output.

Adhere to Federal Privacy Standards in addition to following BankWest requirements for electronic communication and Social Engineering standards.

BankWest is a "Sales Organization" and all employees are expected to participate directly or indirectly with increasing BankWest's presence in their markets as appropriate.