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Loan Officer Assistant Jobs in Rio Rancho, NM (NOW HIRING)

Caliver Beach Mortgage, LLC

Loan Officer

Rio Rancho, NM · On-site +1

Loan Officer Requirements: An active NMLS/MLO license (required). Strong knowledge of lending regulations and industry best practices. Exceptional interpersonal and communication skills. Analytical ...

Cornerstone Capital Bank

Loan Officer

Albuquerque, NM · On-site

What we are looking for: We're searching for a Loan Officer who's driven by relationships and results. You're the advisor clients trust to guide them through one of the biggest financial decisions of ...

Homewise

Mortgage Loan Officer

Santa Fe, NM · On-site

About the Role Homewise's Mortgage Loan Officer is the borrower's primary advocate during the most important financial transaction of their life -- the application, structuring, and closing of their ...

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All JobsLoan Officer Assistant JobsLoan Officer Assistant Jobs in Rio Rancho, NM

Loan Officer Assistant information

See Rio Rancho, NM salary details

$27.3K

$45.8K

$79K

How much do loan officer assistant jobs pay per year?

As of Jun 25, 2026, the average yearly pay for loan officer assistant in Rio Rancho, NM is $45,790.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,300.00 and $48,000.00 per year, depending on experience, location, and employer.

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

To thrive as a Loan Officer Assistant, you need a solid understanding of mortgage processes, document preparation, and customer service, often supported by experience in banking or finance. Familiarity with loan origination systems (LOS), CRM software, and compliance tools is typically expected. Strong organizational skills, attention to detail, and clear communication help you excel in supporting both clients and loan officers. These abilities ensure efficient loan processing, regulatory compliance, and a positive client experience.

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. Their total compensation may also include a base salary and bonuses, depending on the employer and location. Skills in sales and knowledge of lending regulations can influence earnings.

How much does a loan officer assistant make?

The average salary for a loan officer assistant in Texas is around $40,000 to $50,000 per year, depending on experience and location. Entry-level positions may start lower, while experienced assistants with certifications can earn higher wages. Salaries often include benefits such as health insurance and retirement plans.

What is the role of a loan officer assistant?

A loan officer assistant supports loan officers by preparing loan documents, gathering borrower information, and managing communication with clients and lenders. They often handle administrative tasks, maintain records, and use loan processing software to ensure smooth loan transactions. Strong organizational skills and attention to detail are essential for this role.

What is the difference between Loan Officer Assistant vs Loan Processor?

AspectLoan Officer AssistantLoan Processor
CredentialsHigh school diploma or equivalent; some roles prefer associate degreeHigh school diploma; some roles prefer associate or bachelor’s degree
Work EnvironmentOffice setting, supporting loan officersOffice setting, handling loan documentation and processing
Employer & IndustryMortgage companies, banks, credit unionsMortgage lenders, banks, credit unions
Common Search & ComparisonOften compared for support roles in mortgage industryFocuses on processing loans, often compared with support roles

The main difference is that a Loan Officer Assistant primarily supports loan officers with administrative tasks and client communication, while a Loan Processor handles the detailed review and processing of loan applications. Both roles are essential in the mortgage industry but focus on different stages of the loan process.

What are Loan Officer Assistants?

Loan Officer Assistants are professionals who support loan officers in processing and managing loan applications. They help gather necessary documentation, communicate with clients and underwriters, and ensure that all paperwork is complete and accurate. Their role is crucial in streamlining the lending process and ensuring a smooth experience for both the loan officer and the client. Loan Officer Assistants may also help with scheduling, data entry, and follow-up tasks throughout the loan approval process.

What are the typical daily responsibilities of a Loan Officer Assistant and how do they support the loan process?

A Loan Officer Assistant plays a crucial role in streamlining the loan process by handling administrative tasks such as gathering applicant documentation, verifying information, and preparing files for underwriters. They frequently communicate with clients to collect missing paperwork, update them on loan status, and schedule appointments. Additionally, they collaborate closely with loan officers, underwriters, and real estate agents to ensure deadlines are met and the application process runs smoothly. This supportive role helps loan officers focus on client relationships and loan origination, making the overall process more efficient.

What Do Loan Officer Assistants Do?

Loan officer assistants are responsible for assisting with the loan application process by reviewing and preparing client documents within a given period of time. As a loan officer assistant, you work in support of a certified loan or mortgage officer. Your everyday duties include ensuring paperwork is filled out completely, following up on credit checks, following up with customers for missing information, and preparing cost estimates for borrowers. You may also have sales and marketing duties that include calling potential applicants and following up with existing clients to explore future loan opportunities. Loan officer assistants work at banks or other lending institutions, so most of your day is spent in an office.

How do you become a loan officer assistant?

To become a loan officer assistant, candidates typically need a high school diploma or equivalent, with some employers preferring post-secondary education or relevant experience in finance or customer service. Strong organizational skills, attention to detail, and familiarity with loan processing software are important. On-the-job training is common, and some roles may require knowledge of lending regulations and certifications such as the Mortgage Loan Originator (MLO) license.
More about Loan Officer Assistant jobs
What are the most commonly searched types of Loan Officer jobs in Rio Rancho, NM? The most popular types of Loan Officer jobs in Rio Rancho, NM are:
What are popular job titles related to Loan Officer Assistant jobs in Rio Rancho, NM? For Loan Officer Assistant jobs in Rio Rancho, NM, the most frequently searched job titles are:
What job categories do people searching Loan Officer Assistant jobs in Rio Rancho, NM look for? The top searched job categories for Loan Officer Assistant jobs in Rio Rancho, NM are:
What cities near Rio Rancho, NM are hiring for Loan Officer Assistant jobs? Cities near Rio Rancho, NM with the most Loan Officer Assistant job openings:
Loan Officer Assistant jobs near you
Loan Originator

Loan Originator

Waterstone Mortgage Corporation

Albuquerque, NM

Full-time

Posted 10 days ago

Job description

Start or continue to build your career with a top ranked mortgage company!
Waterstone Mortgage was recently named the #2 Best Company to Work For by Mortgage Executive Magazine!  Our company culture is second to none; to learn more about our exceptional work/life balance and employee engagement, visit our website, Facebook page, or Instagram!  

If you're a go-getting Loan Originator who thrives on seeing your customers achieve their homeownership goals, Waterstone Mortgage may be a fit for you!

WHAT WE OFFER YOU:

  • Faster than average closings (27 days from contract to close on average, published by Ellie Mae)
  • Innovative technology
  • Product variety
  • Forward-thinking leadership
  • Strong operational support
  • Unparalleled sales training
  • Marketing support to help increase your business
  • Ability to lend in 48 states, no license needed!
  • Competitive rates and unlimited earning potential
  • Loan Officer Assistant, based on production
  • Coaching to help you get to the next level 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Engages in Outside Sales, including but not limited to:
    • Attending in-person meetings and corresponding with potential clients or real estate brokers;
    • Distributes mailings, makes calls or web-based solicitations away from WMC’s Place of Business.
    • Engages in promotional work that is performed incidental to and in conjunction with an employee’s own outside sales or solicitations; provides loan data to support marketing and sales promotion programs.
    • Interviews applicants and requests information for applications incidental to originating loans. With the assistance of processors or other staff, completes applications in a timely manner and inputs applicant data into Encompass.
    • Analyzes applicant’s financial status; including financial statements, tax returns, credit, and property evaluations (P+L Statements) incidental to originating loans, to determine feasibility of granting credit.
    • Compiles loan packages and facilitates negotiations with applicants to establish standards on items such as fees, loan repayment options and other credit terms.

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