1

Loan Processing Assistant Jobs (NOW HIRING)

Works closely with Loan Officers, Loan Assistants, and attorneys for timely and accurate loan closings, while supporting overall loan processing operations. DUTIES AND RESPONSIBILITIES Loan Document ...

Job Title Processing Assistant At DAS Acquisition Company, LLC. (USA Mortgage), our mission is the ... These experts ensure efficient loan processing in all phases of the loan transaction process.

Processing Assistant

Arnold, MO · On-site

$20 - $24/hr

What You'll Do Our Processing Assistants provide administrative and processing assistance to ... These experts ensure efficient loan processing in all phases of the loan transaction process.

Processing Assistant

Arnold, MO · On-site

$40K - $50K/yr

What You'll Do Our Processing Assistants provide administrative and processing assistance to ... These experts ensure efficient loan processing in all phases of the loan transaction process.

Loan Processing Specialist

Phoenix, AZ · On-site

$40K - $55K/yr

... * Assist in gathering and verifying supporting documents from students and schools to facilitate ... loan processing, financial services, or educational administration preferred. * Strong problem ...

Loan Processing Specialist

Phoenix, AZ · On-site

$40K - $55K/yr

... * Assist in gathering and verifying supporting documents from students and schools to facilitate ... loan processing, financial services, or educational administration preferred. * Strong problem ...

next page

Showing results 1-20

Loan Processing Assistant information

See salary details

$13

$19

$29

How much do loan processing assistant jobs pay per hour?

As of Jul 11, 2026, the average hourly pay for loan processing assistant in the United States is $19.31, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $20.43 per hour, depending on experience, location, and employer.

What does a Loan Processing Assistant do?

A Loan Processing Assistant supports loan officers and processors by handling administrative tasks throughout the loan application process. Their responsibilities typically include collecting and verifying borrower documents, entering data into loan management systems, and communicating with clients to ensure all required paperwork is complete. They help maintain accurate records, coordinate with various departments, and ensure that loan files meet compliance standards. Their work is essential for streamlining the loan approval process and enhancing customer experience.

What is the difference between Loan Processing Assistant vs Loan Underwriter?

AspectLoan Processing AssistantLoan Underwriter
CredentialsHigh school diploma or equivalent; some roles may prefer associate's degreeBachelor's degree in finance, economics, or related field; certifications like CU or Fannie Mae
Work EnvironmentOffice setting, supporting loan processing teamsOffice environment, analyzing loan applications for approval
Employer & Industry UsageMortgage lenders, banks, credit unionsMortgage lenders, banks, financial institutions
Common Search & ComparisonOften compared for entry-level roles in loan processingCompared for roles involving loan approval decisions

The main difference is that a Loan Processing Assistant supports the loan processing workflow by gathering documents and preparing files, while a Loan Underwriter evaluates the risk and makes approval decisions on loan applications. Both roles are essential in the mortgage industry but focus on different stages of the loan process.

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

To thrive as a Loan Processing Assistant, you need attention to detail, basic knowledge of loan documentation, and a high school diploma or equivalent. Familiarity with loan origination software, document management systems, and sometimes basic Excel skills is typically required. Strong organizational skills, clear communication, and the ability to multitask help you stand out in this position. These skills are crucial for ensuring accurate and efficient loan processing, minimizing errors, and providing a seamless customer experience.

What is the role of a loan assistant?

A loan processing assistant supports the loan department by gathering and verifying borrower information, preparing loan documents, and ensuring compliance with lending policies. They often use loan origination software and need strong organizational skills to manage multiple applications efficiently.

What are some common challenges a Loan Processing Assistant might face, and how can they be addressed?

Loan Processing Assistants often encounter challenges such as managing tight deadlines, handling a high volume of applications, and ensuring accuracy in documentation. Staying organized and prioritizing tasks are essential to ensuring that loan files are processed efficiently and without errors. Regular communication with loan officers, underwriters, and clients also helps prevent misunderstandings and delays. Utilizing checklists and digital tools can streamline the workflow and reduce the risk of missing important details.

How much does a lending assistant make?

A loan processing assistant typically earns between $35,000 and $50,000 annually, depending on experience, location, and employer size. Entry-level positions may start lower, while experienced assistants with specialized skills can earn higher salaries. The role often requires familiarity with loan software and strong attention to detail.

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. The exact earnings depend on the lender's compensation structure, the loan type, and the officer's experience and performance.

What do you need to be a loan assistant?

To be a loan processing assistant, candidates typically need a high school diploma or equivalent, strong organizational and communication skills, and familiarity with loan processing software or office tools. Some positions may require previous experience in banking or finance, and attention to detail is essential for verifying documents and data accuracy.
More about Loan Processing Assistant jobs
What cities are hiring for Loan Processing Assistant jobs? Cities with the most Loan Processing Assistant job openings:
What are the most commonly searched types of Loan Processing jobs? The most popular types of Loan Processing jobs are:
What states have the most Loan Processing Assistant jobs? States with the most job openings for Loan Processing Assistant jobs include:
Infographic showing various Loan Processing Assistant job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 21% Part Time, 1% Temporary, and 2% Contract. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $40,167 per year, or $19.3 per hour.
Loan Processing Assistant [AHMC]

Full-time

Re-posted 8 days ago


Job description

Loan Processing Assistant
We are seeking a detail-oriented and organized Loan Processing Assistant to join our dynamic team. This role offers an excellent opportunity to support our loan operations, ensuring smooth and efficient processing of loan applications. If you are committed to accuracy, customer service, and working in a fast-paced environment, we encourage you to apply.
Key Responsibilities:
- Assist in the collection, review, and verification of loan application documents
- Enter and update loan data accurately in the company's loan management system
- Coordinate with clients, underwriters, and other stakeholders to facilitate loan processing
- Prepare and send out loan approval and denial notices
- Ensure compliance with company policies and regulatory requirements throughout the loan process
- Maintain organized records of all loan documentation and correspondence
- Support the team in resolving any issues or discrepancies related to loan applications
- Assist with administrative tasks related to loan processing as needed
Skills and Qualifications:
- Previous experience in loan processing, banking, or administrative support is a plus
- Strong attention to detail and organizational skills
- Excellent communication and interpersonal abilities
- Proficiency in Microsoft Office Suite and familiarity with loan management software
- Ability to handle sensitive information with confidentiality
- Strong problem-solving skills and the ability to work independently and as part of a team
- Ability to prioritize tasks and manage time effectively in a deadline-driven environment
Join our team and be part of a company that values growth, integrity, and customer satisfaction. We offer a supportive work environment, opportunities for professional development, and a comprehensive benefits package.