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Loan Modification Jobs in Minnesota (NOW HIRING)

5 Legal

Real Estate Associate

Minneapolis, MN

... loans, modification and workout documents, leasing, as well as related due diligence work, including title and survey review, and closing these and other real estate transactions.

Bell Bank

Commercial Loan Coordinator

Bloomington, MN · On-site

Reviews loan application requests and identifies necessary information needed to process loan and/or modification requests. Requests and collects due diligence activities and third-party reports ...

CCFBank

Commercial Loan Operations

Mankato, MN · On-site

$24 - $28/hr

Prepare commercial loan documents and modification documents for all commercial loan types in accordance with approval terms, collateral requirements, internal standards, policies, and applicable ...

CCFBank

Commercial Loan Operations

Mankato, MN · On-site

$24 - $28/hr

Prepare commercial loan documents and modification documents for all commercial loan types in accordance with approval terms, collateral requirements, internal standards, policies, and applicable ...

Choice Bank

Credit Analyst

Minneapolis, MN · On-site

$48K - $89K/yr

Prepares credit memos for new and renewing loan requests, clearly communicating analysis through ... All requirements are subject to possible modification to reasonably accommodate individuals with ...

Choice Bank

Credit Analyst

Golden Valley, MN

$48K - $89K/yr

Prepares credit memos for new and renewing loan requests, clearly communicating analysis through ... All requirements are subject to possible modification to reasonably accommodate individuals with ...

Choice Bank

Credit Analyst

Golden Valley, MN · On-site

$48K - $89K/yr

Prepares credit memos for new and renewing loan requests, clearly communicating analysis through ... All requirements are subject to possible modification to reasonably accommodate individuals with ...

Heritage Bank Career Page

Sr Financial Analyst

Willmar, MN · On-site

$105K - $125K/yr

Analyze deposit trends, loan growth, and cost of funds * Provide insights to support balance sheet ... All job requirements are subject to possible modification to reasonably accommodate individuals ...

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Loan Modification information

See Minnesota salary details

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$20

$30

How much do loan modification jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for loan modification in Minnesota is $20.86, according to ZipRecruiter salary data. Most workers in this role earn between $17.64 and $23.56 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 are popular job titles related to Loan Modification jobs in Minnesota? For Loan Modification jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Loan Modification jobs in Minnesota look for? The top searched job categories for Loan Modification jobs in Minnesota are:
Loan Modification jobs near you
Infographic showing various Loan Modification job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $43,396 per year, or $20.9 per hour.

Real Estate Associate

5 Legal

Minneapolis, MN

Full-time

Re-posted 2 days ago

Job description

AmLaw 200 legal services provider seeks a highly-qualified Mid-level Associate to join its Real Estate team.


The ideal candidate should have at least 5 years of experience in commercial real estate transactions. This candidate will perform transactional work as assigned, including drafting and negotiation of documents relating to the full spectrum of commercial real estate transactions, including development, purchases and sales, real estate secured loans, modification and workout documents, leasing, as well as related due diligence work, including title and survey review, and closing these and other real estate transactions.