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Loan Intern Jobs (NOW HIRING)

RCN Capital

Loan Closing Intern

Charlotte, NC

Loan Closing Intern RCN Capital is a national, direct, private lender headquartered in South Windsor, CT. They are seeking a Closing Intern to join their Legal team and support our Attorney ...

RCN Capital

Loan Closing Intern

South Windsor, CT

Loan Closing Intern RCN Capital is a national, direct, private lender headquartered in South Windsor, CT. They are seeking a Closing Intern to join their Legal team and support our Attorney ...

RCN Capital

Loan Closing Intern

Los Angeles, CA

Loan Closing Intern RCN Capital is a national, direct, private lender headquartered in South Windsor, CT. They are seeking a Closing Intern to join their Legal team and support our Attorney ...

TicketNetwork

Loan Servicing Intern

South Windsor, CT · On-site

$16.50 - $21.50/hr

The Loan Servicing Intern will support the Loan Servicing team by performing a variety of administrative, operational, and analytical tasks related to the servicing lifecycle. This role is ideal for ...

RCN Capital LLC

Loan Servicing Intern

South Windsor, CT · On-site

$16.50 - $21.50/hr

The Loan Servicing Intern will support the Loan Servicing team by performing a variety of administrative, operational, and analytical tasks related to the servicing lifecycle. This role is ideal for ...

TicketNetwork

Loan Closing Intern

South Windsor, CT · On-site

They are seeking a Closing Intern to join their Legal team and support our Attorney's, Closers and ... Final loan document review Requirements: * Proficiency with MS Office Suite, specifically Excel ...

RCN Capital LLC

Loan Closing Intern

South Windsor, CT · On-site

They are seeking a Closing Intern to join their Legal team and support our Attorney's, Closers and ... Final loan document review Requirements: * Proficiency with MS Office Suite, specifically Excel ...

TicketNetwork

Loan Closing Intern

South Windsor, CT

They are seeking a Closing Intern to join their Legal team and support our Attorney's, Closers and ... Final loan document review Requirements: * Proficiency with MS Office Suite, specifically Excel ...

TicketNetwork

Originations Intern

Los Angeles, CA · On-site

$16.25 - $21.50/hr

Originations Intern will be trained in loan processing systems and processes to assist a team of Loan Officers in origination and loan processing. In addition, the Intern will be assigned to work on ...

RCN Capital LLC

Originations Intern

Los Angeles, CA · On-site

$16.25 - $21.50/hr

Originations Intern will be trained in loan processing systems and processes to assist a team of Loan Officers in origination and loan processing. In addition, the Intern will be assigned to work on ...

Mission Bank

Treasury Intern

San Luis Obispo, CA

$16.25 - $21.50/hr

We are seeking an intern to join our Treasury team this summer! Apply today to gain hands-on ... analysis of loans and deposits over time including correlation to market interest rates.

BSI Financial Services

Capital Markets Intern

Irving, TX · On-site

$15.50 - $20/hr

The intern will assist with data-driven assessments of large financial datasets to help identify ... Analyze historical and current data on foreclosed loans, including recovery rates, timelines, and ...

Local Bank

Mortgage Division Intern

Daphne, AL · On-site

The intern will work under close supervision and will not engage in loan origination activities that require licensing. All duties will be performed in compliance with bank policies, regulatory ...

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Loan Intern information

Is $30 an hour good for an intern?

For a loan intern, earning $30 an hour is considered above average, as internships typically pay between minimum wage and $20 per hour. The pay rate can vary based on location, industry, and the intern's experience level. Higher pay may also reflect specialized skills or competitive programs.

What are Loan Interns?

Loan Interns are entry-level professionals, often students or recent graduates, who assist lending departments at banks or financial institutions. Their responsibilities typically include supporting loan officers with administrative tasks, processing loan applications, verifying documents, and learning about credit evaluation and loan servicing. The internship provides valuable hands-on experience in the banking industry and helps interns gain insight into the loan approval process, customer service, and financial analysis.

What is the difference between Loan Intern vs Loan Officer?

AspectLoan InternLoan Officer
Required CredentialsTypically pursuing or recent graduate, some knowledge of finance or bankingRelevant degree (e.g., finance, business), licensing or certification often required
Work EnvironmentInternship setting within banks or lending institutions, learning-focusedClient-facing role, working directly with borrowers and assessing loan applications
Employer & Industry UsageUsed as entry-level position for training and experienceFull-time professional role responsible for loan approval and client management

In summary, a Loan Intern is an entry-level position focused on gaining experience in the lending industry, often involving learning and support tasks. A Loan Officer is a full-time professional responsible for evaluating and approving loan applications, requiring more experience and credentials.

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 for a $500,000 loan. Compensation can also include a base salary plus bonuses, depending on the employer and location. Skills in sales and knowledge of lending regulations can influence earnings.

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

To thrive as a Loan Intern, you need a basic understanding of finance, attention to detail, and strong analytical skills, often supported by coursework in business or finance. Familiarity with loan management software, Microsoft Excel, and customer relationship management (CRM) systems is typically required. Strong communication, organization, and a willingness to learn are important soft skills for building relationships and adapting to a fast-paced environment. These skills ensure accuracy in loan processing, effective teamwork, and a smooth learning curve in the financial services industry.

What does a lending intern do?

A lending intern assists with evaluating loan applications, gathering financial information, and supporting the loan approval process. They may also help prepare documentation, analyze credit data, and learn about lending procedures under supervision, often gaining experience with financial software and industry regulations.

What are some common challenges Loan Interns face when supporting the loan application process?

Loan Interns often encounter challenges such as managing multiple loan files simultaneously and ensuring all required documentation is accurate and complete. They must learn to balance attention to detail with timely processing to keep the loan pipeline moving efficiently. Additionally, they may need to quickly adapt to different loan software systems and communicate effectively with loan officers and clients. Overcoming these challenges provides valuable experience and insight into the lending process, setting a strong foundation for a career in finance.

How much does JP Morgan pay for interns?

JP Morgan typically pays investment banking and finance interns, including those in loan-related roles, between $20 and $30 per hour, depending on location and internship level. Interns often work full-time during the summer and may receive additional benefits or stipends based on the program.
What cities are hiring for Loan Intern jobs? Cities with the most Loan Intern job openings:
What are the most commonly searched types of Loan jobs? The most popular types of Loan jobs are:
What states have the most Loan Intern jobs? States with the most job openings for Loan Intern jobs include:
Loan Intern jobs near you
Loan Closing Intern

Loan Closing Intern

RCN Capital

Charlotte, NC

Other

Posted 4 days ago

Job description

Loan Closing Intern

RCN Capital is a national, direct, private lender headquartered in South Windsor, CT. They are seeking a Closing Intern to join their Legal team and support our Attorney's, Closers and Title Examiners in our South Windsor, CT office. The Closing Intern will be responsible for supporting Legal staff reviewing title and closing documentation, entity documentation and other legal research as needed.

Responsibilities:

  • Review title documents (commitment, closing protection letters, exception copies)
  • Prepare escrows for closings
  • Legal research
  • Entity review
  • Final loan document review

Requirements:

  • Proficiency with MS Office Suite, specifically Excel, Word, and Outlook
  • Strong attention to detail
  • Ability to multitask under pressure
  • At least 1 year of experience in a legal office setting preferred
  • Experience in real estate or real estate law is strongly preferred
  • Experience drafting legal documents preferred

Educational Paths of Interest:

  • Currently pursuing a Bachelor's degree in Real Estate, Law, Business, or related field, or actively pursuing Paralegal Certification

Work Schedule:

  • Full time during internship - 40 hours/week
  • Onsite in either:
    • South Windsor, CT
    • Charlotte, NC
    • Los Angeles, CA
  • Standard schedule is Monday-Friday, 9AM to 6PM

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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