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Loan Operations Assistant Jobs (NOW HIRING)

Byron Bank

Loan Operations Manager

Byron, IL · On-site

$58K - $70K/yr

The Loan Operations Manager is responsible for effectively supporting the lending team for ... Interact with auditors, compliance, and examiners to assist in reviews and examinations. Follow up ...

First Bank

Loan Operations Analyst

Strasburg, VA · On-site

We are seeking a detail-oriented and proactive Loan Operations Analyst to support back-office loan ... This individual will support process improvements, assist with operational projects, and help ...

Dieterich Bank

Loan Operations Specialist

Effingham, IL · On-site

$18 - $23/hr

The Loan Operations Specialist is responsible for producing accurate loan documents on a timely ... Explain terms and conditions of loans when necessary. * Assist bank staff and customers with any ...

Robert Half

Loan Operations Support Specialist

Midland, TX · On-site

$21.85 - $25.30/hr

... Assist with document tracking, file maintenance, and related operational updates needed to support loan processing • Communicate with internal team members to resolve missing information and help ...

Dieterich Bank

Loan Operations Specialist

Effingham, IL · On-site

$18 - $23/hr

The Loan Operations Specialist is responsible for producing accurate loan documents on a timely ... Explain terms and conditions of loans when necessary. * Assist bank staff and customers with any ...

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Loan Operations Assistant information

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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:
Loan Operations Assistant jobs near you
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

Loan Operations Specialist

Guaranty Bank & Trust Co

New Roads, LA • On-site

Full-time

Posted 4 days ago

Job description

Description:

Position Summary:

The Loan Operations Specialist position processes loan requests in accordance with bank and regulatory guidelines for all loan types.


Reporting Relationship:

Reports to the Loan Operations Manager.


Essential Duties:

  1. Prepare all loan documentation within LaserPro; including but not limited to, Consumer, Commercial, Consumer Real Estate, Commercial Real Estate and Agricultural loans.
  2. Process all loan documentation and mail customer copies according to regulatory timelines.
  3. Prepare the appropriate loan documents outlining the requirements of the loan.
  4. Responsible for ordering flood determinations, engaging appraisers, ordering title work from attorney/title company, preparing flood packet and completing required internal checklists.
  5. Works with the Loan Officer, Loan Assistant, and Loan Operations to ensure the file is compliant with Bank/Federal/State policies and procedures.
  6. Prepare the Change Circumstance within LaserPro when applicable.
  7. Loan maintenance: change of address, process loan payments and draw requests, provide payoff, and all other maintenance requests.


Other Duties:

  1. Answer all department calls, providing exceptional customer service on both internal and external calls.
  2. Review and organize closed loan files before they are booked.
  3. Review booked loans from previous day for errors.
  4. Maintain and work loan exception list.
  5. File loan folders and/or documents when necessary.
  6. Research or pull requested files when necessary.
  7. Provide assistance with special projects when necessary.
  8. Cross train within department.
  9. Complete required training classes.
  10. Performs other miscellaneous duties as assigned by supervisor.
Requirements:

Work Environment

This job operates in a clerical, office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.


Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

This is a largely sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand on a step stool as necessary.


Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Guaranty Bank and Trust Co. is an Equal Employment Opportunity Employer.

Employment policies and decisions on employment and promotion are based on merit, qualifications, performance, and business needs. The decisions and criteria governing the employment relationship with all employees are made in a nondiscriminatory manner, without regard to race, religion, color, national origin, sex, age, physical or mental disability, sexual orientation, gender identity, veteran status, or any other factor determined to be unlawful by federal, state, or local statute.

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