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Loan Processor Assistant Jobs (NOW HIRING)

Western Commerce Bank

$18 - $25/hr

Loan Processor/Assistant Western Commerce Bank is looking for applicants to fill a loan servicing department position as a loan processor/assistant at our main branch in Carlsbad, NM. Western ...

Guild Mortgage

Loan Processing Assistant

Moses Lake, WA · On-site

$17.13 - $21.81/hr

Loan Processor Assistant Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm, we are dedicated to serving the homeowner/buyer. Our goal is to provide ...

Guild Mortgage

Loan Processing Assistant

Moses Lake, WA · On-site

$30K - $45K/yr

Position Summary The Loan Processor Assistant plays an important role in the organization by performing a number of activities related to the company's Regional Operations functions. This role is ...

Guild

Loan Processing Assistant

Moses Lake, WA · On-site

$17.13 - $21.81/hr

Position Summary The Loan Processor Assistant plays an important role in the organization by performing a number of activities related to the company's Regional Operations functions. This role is ...

Guild

Loan Processing Assistant

Moses Lake, WA · On-site

$14.54 - $21.81/hr

Position Summary The Loan Processor Assistant plays an important role in the organization by performing a number of activities related to the company's Regional Operations functions. This role is ...

Easy HR Group

Loan Processor

$19.25 - $25.50/hr

Provide exceptional customer service to applicants, addressing their concerns and ensuring a positive experience throughout the loan process. Assist in resolving any issues that may arise during the ...

Mountain Lakes LLC

Loan Processor

Coeur D Alene, ID · On-site

$35/hr

Remote Loan Processor Mountain Lakes LLC Location: Remote Job Type: Full-Time Compensation: $35.00 ... Prepare loan files for underwriting and assist with gathering documentation needed to satisfy ...

RIGHT START MORTGAGE INC

Loan Processor

San Antonio, TX · On-site

$16.75 - $22.50/hr

Underwriting Support: * Assist underwriters by providing necessary information and documentation ... Track and manage loan processing timelines to ensure timely closings. * Proactively identify and ...

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Loan Processor Assistant information

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How much do loan processor assistant jobs pay per hour?

As of Sep 12, 2026, the average hourly pay for loan processor 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 is a loan processor assistant?

A Loan Processor Assistant is a professional who supports loan processors and underwriters in preparing, reviewing, and organizing loan application documents. Their duties typically include gathering applicant information, verifying data, communicating with clients for missing documentation, and ensuring compliance with regulations. By streamlining administrative tasks and maintaining accurate records, they help facilitate the smooth and timely processing of loans.

What are the key skills and qualifications needed to thrive as a loan processor assistant?

To thrive as a Loan Processor Assistant, you need strong organizational skills, attention to detail, and knowledge of basic loan documentation, often supported by a high school diploma or equivalent. Familiarity with loan origination systems (LOS), document management software, and sometimes industry-specific certifications like NMLS is beneficial. Excellent communication, time management, and problem-solving abilities are crucial for coordinating between clients, loan officers, and underwriters. These competencies ensure accurate processing, timely approvals, and a smooth workflow in the loan application process.

What are the most common challenges faced by loan processor assistants in managing multiple loan files simultaneously?

Loan Processor Assistants often juggle multiple loan applications at different stages, which can make prioritization and organization challenging. Staying on top of tight deadlines, ensuring complete and accurate documentation, and quickly addressing requests from underwriters or loan officers are crucial parts of the role. Effective time management, attention to detail, and strong communication skills are essential for overcoming these challenges and keeping the loan process moving smoothly. Regular collaboration with loan processors, underwriters, and clients helps maintain workflow and resolve any issues that arise.

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

AspectLoan Processor AssistantLoan Underwriter
Required CredentialsHigh school diploma; some roles may prefer associate's degreeBachelor's degree in finance, economics, or related field; certifications like ULTA or CUA
Work EnvironmentOffice setting, supporting loan processing teamsOffice environment, evaluating loan applications for approval
Employer & Industry UsageMortgage companies, banks, credit unionsMortgage lenders, banks, financial institutions
Common Search & Comparison IntentUnderstanding support roles in loan processingAssessing loan eligibility and risk

The main difference is that a Loan Processor Assistant supports the loan processing team by handling administrative tasks, while a Loan Underwriter evaluates loan applications to determine approval. The Assistant focuses on document collection and data entry, whereas the Underwriter assesses creditworthiness and risk. Both roles are essential in the mortgage industry but serve different functions within the loan approval process.

How much do entry level loan processor assistants make?

Entry-level loan processor assistants typically earn between $30,000 and $45,000 annually, depending on location and employer. Starting salaries may include benefits such as health insurance and paid time off, and the role often requires basic knowledge of loan processing software and strong attention to detail.

Is a loan processor assistant a difficult job?

A loan processor assistant's job involves reviewing financial documents, verifying information, and supporting loan processing tasks, which can require attention to detail and organizational skills. The difficulty level depends on workload, complexity of cases, and familiarity with loan procedures and software. It is generally considered a moderate role that may require multitasking and adherence to deadlines.
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Loan Processor Assistant jobs near you
Infographic showing various Loan Processor Assistant job openings in the United States as of September 2026, with employment types broken down into 2% As Needed, 74% Full Time, 21% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $40,167 per year, or $19.3 per hour.

Loan Processor / Assistant

On-site

Western Commerce Bank
Commercial Banking • 11 - 50 employees
Learn more about Western Commerce Bankexternal

$18 - $25/hr

Full-time

Medical, Dental, Vision, Life, Retirement

This job post has expired 2 days ago. Applications are no longer accepted.

Job description

Loan Processor/Assistant

Western Commerce Bank is looking for applicants to fill a loan servicing department position as a loan processor/assistant at our main branch in Carlsbad, NM.

Western Commerce Bank is a privately held community bank founded in 1961 and headquartered in New Mexico. Serving customers nationwide through local branches and digital banking. We offer personal and business banking including treasury, checking and savings accounts, loans, trust and wealth management, and digital banking solutions to individuals and businesses with a focus on relationships, local expertise, and trusted service.

Salary depends on experience, but is typically between $18 and $25 per hour. We offer medical, dental, vision, life insurance, other supplemental insurances and 401k to those who qualify. We are an EOE d/v.

Qualifications:

  • Microsoft Office, Word, and Excel
  • Keyboarding skills
  • Excellent communication skills
  • Close attention to detail
  • Must be able to work independently after training
  • Highly motivated
  • Must have at least a high school diploma or GED equivalent
  • Must have previous lending experience of at least 1-3 years

Basic Job Duties:

  • processing, administration, and closing of various types of loans
  • Assists loan officers with activities such as extension of new loans
  • Answers routine customer questions regarding loans and loan application
  • Processes and administers existing loans in the following areas (but may not do for all loan areas): installment, commercial, business, and mortgage loans
  • Records new applications and loans
  • May obtain credit information and ensure sufficient loan collateral
  • Establishes relevant files and processes loan payments
  • Prepares loan and credit reports as requested
  • Answers customer inquiries and resolves routine problems
  • Fill out necessary forms and reports as required by bank procedure and law
  • Follow all bank and other procedures as required by law
  • Follow branch opening and closing procedures
  • Knowledge of Horizon core banking system a plus
  • Perform other duties as assigned or requested
Employment Type: Full Time
Years Experience: 1 - 3 years
Salary: $18 - $25 Hourly
Bonus/Commission: No

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