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Loan Operations Assistant Jobs (NOW HIRING)

What You'll Do As Loan Operations Manager, you will oversee the day-to-day operations of our Loan Operations Department and lead a team of 11 employees, including two Assistant Managers. Reporting ...

What You'll Do As Loan Operations Manager, you will oversee the day-to-day operations of our Loan Operations Department and lead a team of 11 employees, including two Assistant Managers. Reporting ...

The Loan Operations Specialist is responsible for supporting the day-to-day operational functions ... Reporting, Compliance & Support * Assist with internal audits, regulatory reviews, and departmental ...

What You'll Do As Loan Operations Manager, you will oversee the day-to-day operations of our Loan Operations Department and lead a team of 11 employees, including two Assistant Managers. Reporting ...

What You'll Do As Loan Operations Manager, you will oversee the day-to-day operations of our Loan Operations Department and lead a team of 11 employees, including two Assistant Managers. Reporting ...

What You'll Do As Loan Operations Manager, you will oversee the day-to-day operations of our Loan Operations Department and lead a team of 11 employees, including two Assistant Managers. Reporting ...

What You'll Do As Loan Operations Manager, you will oversee the day-to-day operations of our Loan Operations Department and lead a team of 11 employees, including two Assistant Managers. Reporting ...

The Loan Operations Specialist collaborates with loan officers, underwriters, and other ... * Assist in preparing monthly, quarterly, and annual regulatory filings. * Collaboration and ...

The Loan Operations Specialist collaborates with loan officers, underwriters, and other ... * Assist in preparing monthly, quarterly, and annual regulatory filings. * Collaboration and ...

The Loan Operations Lead will assist management and leadership with managing the day-to-day operations of both the Commercial Loan Boarding Specialist and Consumer Loan Boarding Specialist teams and ...

Loan Operations

Baltimore, MD · On-site

$75K - $100K/yr

Assistant Vice President (AVP): * Ideal for more experienced professionals capable of owning ... estate servicing, loan operations, or a similar financial services function. * Strong working ...

The Loan Operations Lead will assist management and leadership with managing the day-to-day operations of both the Commercial Loan Boarding Specialist and Consumer Loan Boarding Specialist teams and ...

The Loan Operations Lead will assist management and leadership with managing the day-to-day operations of both the Commercial Loan Boarding Specialist and Consumer Loan Boarding Specialist teams and ...

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Loan Operations Assistant information

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$11

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How much do loan operations assistant jobs pay per hour?

As of Jul 2, 2026, the average hourly pay for loan operations assistant in the United States is $19.82, according to ZipRecruiter salary data. Most workers in this role earn between $15.38 and $22.36 per hour, depending on experience, location, and employer.

Do you need a license to be a loan officer assistant?

A loan operations assistant typically does not require a license, as they support loan officers by handling administrative tasks and processing documents. However, if the role involves directly advising clients or originating loans, some states may require licensing or certification, such as a Mortgage Loan Originator (MLO) license. It is important to check local regulations and employer requirements for specific job responsibilities.

How much does a lending assistant make?

A lending assistant typically earns between $35,000 and $50,000 annually, depending on experience, location, and the size of the financial institution. Entry-level positions may start lower, while experienced assistants or those with specialized skills can earn higher salaries. The role often requires familiarity with loan processing software and strong organizational skills.

What are some typical challenges a Loan Operations Assistant may encounter, and how can they be addressed?

Loan Operations Assistants often face challenges such as managing high volumes of loan documentation, ensuring accuracy under tight deadlines, and navigating evolving regulatory requirements. Staying organized and detail-oriented is key, as even minor errors can delay funding or compliance. Building strong communication with loan officers, underwriters, and clients helps to streamline processes and resolve issues quickly. Many organizations also offer training and mentorship to help assistants stay current with industry standards and improve efficiency.

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 and bonuses, depending on the employer and location. The specific earnings depend on the lender's policies and the loan's terms.

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

AspectLoan Operations AssistantLoan Processor
CredentialsBasic financial knowledge, sometimes certifications like loan processing or banking coursesSimilar credentials, often with additional certifications or experience in loan documentation
Work EnvironmentSupportive office setting within banks or lending companiesOffice environment focused on reviewing and verifying loan applications
Employer & Industry UsageCommonly employed in banking, mortgage, and lending institutionsPrimarily in mortgage and loan companies, handling application processing
Search & Comparison IntentUnderstanding support roles in loan processingDetails on loan application review and approval process

The main difference between a Loan Operations Assistant and a Loan Processor lies in their responsibilities. The Loan Operations Assistant provides administrative and support functions within the loan process, while the Loan Processor actively reviews and verifies loan applications to facilitate approval. Both roles require similar credentials and are found in banking and lending environments, but their focus areas differ slightly.

What does a loan assistant do?

A loan assistant supports the loan processing team by gathering and verifying borrower information, preparing loan documents, and ensuring compliance with lending policies. They often use loan origination software and may handle customer inquiries, helping to facilitate smooth loan approvals and closings.

What are Loan Operations Assistants?

Loan Operations Assistants are professionals who support the daily administrative and operational tasks related to processing loans at financial institutions. Their responsibilities often include preparing loan documents, verifying customer information, maintaining records, and ensuring compliance with regulatory requirements. They work closely with loan officers, customers, and other departments to facilitate smooth loan processing. Attention to detail, organizational skills, and knowledge of banking procedures are essential for this role.

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

To thrive as a Loan Operations Assistant, you need strong attention to detail, knowledge of loan processing procedures, and a background in finance or banking, often supported by a relevant associate’s degree. Familiarity with loan origination software, document management systems, and banking compliance tools is typically required. Excellent organizational skills, clear communication, and the ability to handle confidential information with discretion are essential soft skills for this role. These skills ensure accurate loan processing, regulatory compliance, and efficient support to both clients and lending teams.
What cities are hiring for Loan Operations Assistant jobs? Cities with the most Loan Operations Assistant job openings:
What are the most commonly searched types of Loan Operations jobs? The most popular types of Loan Operations jobs are:
What states have the most Loan Operations Assistant jobs? States with the most job openings for Loan Operations Assistant jobs include:
Infographic showing various Loan Operations Assistant job openings in the United States as of June 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $41,222 per year, or $19.8 per hour.
Loan Operations Specialist

Full-time

Posted 20 days ago


Job description

The Loan Operations Specialist is a key bank lending team member responsible for supporting the end-to-end loan process, including setup, servicing, and maintenance. This role ensures the accuracy of loan documentation, compliance with regulatory requirements, and the smooth operation of the bank’s loan portfolio. The Loan Operations Specialist collaborates with loan officers, underwriters, and other stakeholders to maintain efficient, customer-focused lending services.
What you have already achieved: (Requirements)
  • Education: Bachelor’s degree in Business, Finance, or a related field preferred; equivalent experience may be considered.
  • Experience: 3-5 years of experience in loan operations, processing, or servicing within a banking or financial services environment.
  • Technical Skills: Proficiency in loan management systems, Microsoft Office Suite, and banking software.
  • Strong understanding of loan products, documentation, and regulatory requirements.
  • Exceptional attention to detail and accuracy in data handling.
  • Analytical and problem-solving skills to address discrepancies or operational issues.
  • Excellent organizational and time management skills.
  • Effective communication skills, both written and verbal.
  • Ability to work independently and as part of a team in a fast-paced environment.
What you are great at: (Responsibilities)
  • Loan Processing and Setup
    • Accurately input and set up loan data in the bank’s management system.
    • Verify loan terms, conditions, and documentation for accuracy and completeness.
    • Ensure proper disbursement of loan funds in alignment with approvals and policies.
  • Loan Servicing
    • Handle ongoing servicing of loans, including payments, modifications, renewals, and payoffs.
    • Monitor and manage loan accounts for escrow, and fee adjustments.
    • Address and resolve loan-related inquiries or discrepancies promptly.
  • Compliance and Quality Control
    • Ensure all loan operations comply with federal, state, and local regulations and internal policies.
    • Perform quality control checks on loan files and documentation to identify and address discrepancies.
    • Support internal and external audits by providing requested loan information and reports.
  • Reporting and Documentation
    • Maintain accurate and up-to-date loan records and documentation.
    • Prepare and analyze reports on loan activity, portfolio performance, and compliance metrics.
    • Assist in preparing monthly, quarterly, and annual regulatory filings.
  • Collaboration and Support
    • Work closely with loan officers, processors, and underwriters to ensure seamless
      loan operations.
    • Provide training and support to other team members on loan systems and
      Procedures.
    • Collaborate with IT and other departments to address system issues or implement improvements.
  • Operational Efficiency
    • Identify opportunities to streamline loan operations processes and improve efficiency.
    • Support system updates and upgrades by testing and validating new functionalities.
    • Monitor loan workflows to ensure tasks are completed within established timelines.
What you are motivated by:
  • A fast pace. We’ve grown exponentially and new team members continue to join our DLP family.
  • A leadership team that trusts each other, communicates effectively, and is committed to helping team members grow, both personally and professionally.
  • Visionary, smart, and innovative Leadership. Ours is the kind of leadership you read about, hope to work with, and learn from.
  • A culture focused on developing and investing in team members - coaching, training, and supporting each other. We have a mantra of “Leaders made here” at DLP, focused on developing and growing leaders.