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Loan Modification Jobs in California (NOW HIRING)

Process loan boarding in accordance with loan conditions and requirement for new loans including renewals, extensions, modification, and structures of complicated loans. * Follow-up loan collateral ...

Loan Exception Desk

Irvine, CA · On-site

$40K - $54K/yr

Make approval, decline, or modification recommendations based on risk-adjusted decision-making. * Establish consistent risk assessment methodologies across loan programs. * Ensure exception decisions ...

Loan Exception Desk

Irvine, CA · On-site

$40K - $54K/yr

Make approval, decline, or modification recommendations based on risk-adjusted decision-making. * Establish consistent risk assessment methodologies across loan programs. * Ensure exception decisions ...

Loan Exception Desk

Irvine, CA · On-site

$120K - $130K/yr

Make approval, decline, or modification recommendations based on risk-adjusted decision-making. * Establish consistent risk assessment methodologies across loan programs. * Ensure exception decisions ...

Prepare standard loan documentation using designated systems (e.g., LaserPro) in accordance with ... The duties outlined in this description are subject to modification or change by the organization ...

Call back daily New Loan/Renewal/Extension/Modification & Clear Non-Post accounts /GL balance/research outage in general ledgers and loans. * Fully understand loan structure and process of loan ...

VP/REIT Loan Officer

Sacramento, CA · On-site

$150K - $160K/yr

Negotiate the loan terms and conditions with customers and prospects. * Present concept memos and ... The duties outlined in this description are subject to modification or change by the organization ...

Showing results 21-40

Loan Modification information

See California salary details

$13

$21

$30

How much do loan modification jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for loan modification in California is $21.02, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $23.70 per hour, depending on experience, location, and employer.

What is a loan modification?

A loan modification is a change made to the terms of an existing loan by a lender, usually to help a borrower who is struggling to make payments. This process can involve reducing the interest rate, extending the length of the loan, or changing the type of loan. The goal is to make the monthly payments more affordable for the borrower while allowing the lender to avoid foreclosure. Loan modifications are common in cases of financial hardship and are often used for mortgages.

What are some common challenges faced by loan modification specialists, and how can they be addressed?

Loan Modification Specialists often navigate complex borrower situations, tight regulatory requirements, and strict deadlines. A major challenge is balancing the needs of distressed borrowers with lender policies while ensuring compliance with relevant laws. Developing strong communication skills, staying updated on industry regulations, and leveraging internal resources or team expertise can help overcome these challenges. Building rapport with borrowers and collaborating closely with underwriters and legal teams also streamlines the process and leads to better outcomes.

What is the difference between Loan Modification vs Loan Processor?

AspectLoan ModificationLoan Processor
Primary RoleNegotiate and modify existing loan terms to assist borrowersEvaluate, process, and verify loan applications for approval
Required CredentialsKnowledge of loan programs, financial analysis, sometimes licensingKnowledge of lending policies, credit analysis, often licensing
Work EnvironmentOffice-based, financial institutions, borrower interactionOffice-based, financial institutions, document review
Industry UsageFinancial services, mortgage companiesMortgage lenders, banks

While both roles operate within the mortgage and lending industry, a Loan Modification specialist focuses on renegotiating existing loans to help borrowers avoid foreclosure, whereas a Loan Processor handles the initial application review and approval process. Understanding these differences helps borrowers and employers identify the right professional for their needs.

What job categories do people searching Loan Modification jobs in California look for?

The top searched job categories for Loan Modification jobs in California are:

What cities in California are hiring for Loan Modification jobs?

Cities in California with the most Loan Modification job openings:

Infographic showing various Loan Modification job openings in California as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $43,728 per year, or $21 per hour.

Loan Origin Specialist

Bank of Hope

Los Angeles, CA • On-site

$25 - $30/hr

Full-time

Re-posted 23 days ago


Bank Of Hope rating

6.5

Company rating: 6.5 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

148th of 175 rated banks


Job description

  • Understand loan structure and loan documentation.
  • Prepare loan documentation for Commercial Real Estate Loan, C & I Loan, Consumer Loans, and SBA loan.
  • Prepare/Validate Loan closing and funding in accordance with loan conditions and requirements.
  • Process loan boarding in accordance with loan conditions and requirement for new loans including renewals, extensions, modification, and structures of complicated loans.
  • Follow-up loan collateral & original signed loan documentation
  • Upload final signed loan documentation including CCR (or CCM) into Global Wave (GW).
  • Clear daily non-post accounts/General Ledger balance/Wire account.
  • Understand loan accounting system to perform boarding of new, renewals, extensions, restructures, and other changes and maintain accuracy of loan system.
  • Process loan/general ledger tickets using online posting system modules (TMS and/or Block-Infra) for funding and fee related.
  • Troubleshoot and resolve system / processing issues.
  • Assist Loan Originations staff as needed.
  • Attend trainings and seminars as assigned for continuing education.

Job Qualifications/Requirements
Education/Credentials
  • Level of college education
  • Credentials and/or licenses

Skills
  • Required: Knowledgeable in Loan Operations policies and procedures.
  • Required: Knowledgeable in banking, regulations and State/Federal Regulations.
  • Required: Extensive knowledge in Laserpro and Fiserv System (core system).
  • Communication Skills:
    • Excellent written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
    • Ability to respond effectively to the most sensitive inquiries or customer complaints.
    • Ability to interact effectively with all levels of Bank personnel, departments, and customers.
  • Reasoning Skills:
    • Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
    • Ability to identify problems and develop solutions when needed.
    • Ability to think critically.
  • Computer Skills:
    • Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.
    • Basic working knowledge of Microsoft Word, Excel, and Outlook.

The salary range for this full-time position is $25.00 - $30.00 hourly + bonus + benefits
Salary ranges are determined based on qualifications, level, and location.
Exact compensation may vary based on your skills and experience.
Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.
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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