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Loan Operations Associate Jobs in Springfield, VA

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Loan Operations Associate information

See Springfield, VA salary details

$11

$27

$56

How much do loan operations associate jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for loan operations associate in Springfield, VA is $27.56, according to ZipRecruiter salary data. Most workers in this role earn between $18.70 and $31.83 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a loan operations associate?

To thrive as a Loan Operations Associate, you need strong attention to detail, familiarity with loan documentation, and a background in finance or banking, often supported by a relevant degree or experience. Proficiency with loan management software, document imaging systems, and Microsoft Office is typically required. Excellent organizational skills, communication, and the ability to manage multiple deadlines make someone stand out in this role. These skills are crucial to ensure accurate loan processing, regulatory compliance, and efficient support of lending operations.

What are some typical challenges a loan operations associate may encounter, and how are they addressed in the workplace?

Loan Operations Associates often encounter challenges such as managing a high volume of loan documentation, ensuring compliance with lending regulations, and coordinating effectively with multiple departments. To address these, organizations typically provide robust training on internal systems, encourage open communication between teams (like underwriting and servicing), and implement standardized checklists or software to streamline processes. Staying organized and detail-oriented is key, and most teams foster a collaborative environment where associates can seek guidance and share best practices for efficiency.

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

AspectLoan Operations AssociateLoan Processor
Primary RoleSupports loan processing, manages documentation, and ensures complianceReviews and verifies loan applications, gathers borrower information
Required SkillsAttention to detail, knowledge of loan systems, communication skillsAnalytical skills, attention to detail, customer service
Work EnvironmentBank or financial institution, office settingBank or mortgage company, office setting
CertificationsOften no specific certification required, familiarity with loan softwareLikely to require mortgage licensing or certifications

While both roles support the loan process, Loan Operations Associates focus on supporting functions, compliance, and documentation management, whereas Loan Processors handle the review and verification of loan applications directly with borrowers. Understanding these differences can help job seekers identify the right position for their skills and career goals.

What does a loan operations associate do?

A loan operations associate manages the processing and administration of loan transactions, ensuring accuracy and compliance with policies. They handle tasks such as verifying documentation, updating loan systems, and coordinating with other departments to facilitate smooth loan servicing. Strong attention to detail and proficiency with loan management software are important for this role.

What job categories do people searching Loan Operations Associate jobs in Springfield, VA look for?

The top searched job categories for Loan Operations Associate jobs in Springfield, VA are:

What cities near Springfield, VA are hiring for Loan Operations Associate jobs?

Cities near Springfield, VA with the most Loan Operations Associate job openings:

Loan Operations Associate jobs near you
Infographic showing various Loan Operations Associate job openings in Springfield, VA as of August 2026, with employment types broken down into 81% Full Time, 15% Part Time, 1% Temporary, and 3% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $57,019 per year, or $27.4 per hour.

Associate General Counsel- Multifamily Real Estate - (virginia - relo avail) to $347,000

Intermedia Group Inc.

Mclean, VA • On-site

$231 - $347/hr

Other

Re-posted 25 days ago

Job description

  • $231,000 to $347,000
OPEN JOB: Associate General Counsel- Multifamily Real Estate

LOCATION:McLean, Virginia

**Fulltime onsite- Monday -Friday. 6 remote work weeks offered annual for employees

**Relocation Assistance Available

BASE SALARY: $231,000 to $347,000

BONUS ELIGIBLE -YES

INDUSTRY:Financial Services - Mortgage

JOB CATEGORY:Legal - Attorney

Position Overview:
  • Join our client's Multifamily Real Estate Department as an Associate General Counsel! In this dynamic role, you'll deliver expert legal guidance on a wide range of transactions and projects that drive our business forward.
  • We're looking for a talented attorney with commercial real estate finance experience who thrives in a fast-paced, collaborative team!
Our Impact:
  • Legal Multifamily Real Estate is critical to the Division's success in carrying out its mission to provide liquidity, stability, and affordability for the nation's rental housing market.
  • We support this important mission through a broad range of legal work, including loan production, underwriting, and related activities; structured transactions; securitization ; asset management and operation matters; and asset resolution.
Your Impact:

Serve as legal counsel, independently and/or assisting or collaborating with other attorneys, for the firm's purchase and/or servicing of multifamily loans. This may include:

  • negotiating contracts/commitments, loan documents, and other transaction documents
  • reviewing and analyzing legal issues in connection with loan purchases, servicing transactions and other multifamily asset management and operational matters
  • due diligence of real estate matters in connection with structured transactions or securitization
  • coordination and management of outside counsel
  • support multifamily client on coordination with regulatory and governmental affairs, including interaction with FHFA and congressional inquiries
  • collaboration with peers across the legal division
Non-Transactional Matters:
  • Initiatives and product improvements and development
  • loan documents and forms, Guide updates and credit policy
  • costing and pricing matters
  • lender approvals and other counterparty matters
  • multifamily research, marketing, and communications
  • risk management strategies for all aspects of the multifamily business
  • improvements to both legal and non-legal processes to increase efficiency and reduce costs across the multifamily business
Communication and Collaboration:
  • Training multifamily client and peers on matters relating to multifamily loans and securities
  • Collaborating with peers to ensure consistency of legal advice and negotiating positions.
  • Creating and maintaining effective relationships with business clients, with lenders from whom the firm buys multifamily mortgages and who service those mortgages, and with lawyers for those lenders.
  • Drafting well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes.
Qualifications:
  • Juris Doctor (JD) degree
  • Membership in good standing in a state Bar
  • Minimum 10 years of legal experience in commercial and/or multifamily real estate finance transactions with a law firm or corporate law department, including responsibility for negotiating and closing real estate finance transactions
  • Strong legal analytical and writing skills
  • Knowledge of the customary legal relationships, legal issues, and closing practices required for commercial and/or multifamily real estate transactions
  • Familiarity with common commercial real estate lender-borrower issues and the ability to negotiate resolution of the same
  • Experience with Agency/secondary multifamily mortgage market/commercial mortgage-backed securities (CMBS)
  • Demonstrated general knowledge of AI tools and technologies, with a strong commitment to continuous learning and staying up-to-date with advancements in artificial intelligence
Keys to Success in this Role:
  • Ability to work comfortably and routinely as part of a team and to collaborate across organizational boundaries
  • Ability to organize and prioritize multiple pending time-sensitive matters
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