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Loan Processing Assistant Jobs in Alabama (NOW HIRING)

Exchange Bank of Ala

Central Loan Processor

Gadsden, AL · On-site

$15.25 - $20.50/hr

Loan Processing FLSA Status: Non-Exempt Reports To: Commercial Loan Administrator/Loan Processing ... Assists other Loan Processors/Executive Assistants as needed by answering questions, reviewing ...

Local Bank

Mortgage Loan Originator

Tuscaloosa, AL · On-site

Loan Origination & Processing * Assist borrowers with mortgage pre-qualification, pre-approvals, and full loan applications. * Collect and verify financial documentation to ensure complete and ...

First Southern Bank

Loan Assistant

Florence, AL

$33K - $41K/yr

The Loan Assistant's responsibilities include assisting loan officers at the highest level, facilitating the loan process, including preparing and/or reviewing loan approvals, anticipate the ...

CB&S Bank

Commercial Loan Closer

Russellville, AL · On-site

May assist in processing draws and recording on loans.Knowledgeable of all bank products and services.Ability to cross-sell to existing and prospective customers.Performs all other duties assigned by ...

CB&S Bank

Commercial Loan Closer

Russellville, AL · On-site

May assist in processing draws and recording on loans. * Knowledgeable of all bank products and services. * Ability to cross-sell to existing and prospective customers. * Performs all other duties ...

CB&S Bank

Commercial Loan Closer

Russellville, AL

May assist in processing draws and recording on loans. * Knowledgeable of all bank products and services. * Ability to cross-sell to existing and prospective customers. * Performs all other duties ...

Trustmark

Mortgage Loan Processor II

Huntsville, AL · On-site

$38K - $52K/yr

Mortgage Loan Processor II Location US-AL-Huntsville Job ID 2026-19696 Category Mortgage Type ... This position may serve as an assistant to an experienced processor, until a level of proficiency ...

Trustmark Bank

Mortgage Loan Processor II

Huntsville, AL · On-site

$39K - $54K/yr

Overview The purpose of this position is processing residential mortgage loan applications to ... This position may serve as an assistant to an experienced processor, until a level of proficiency ...

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Loan Processing Assistant information

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How much do loan processing assistant jobs pay per hour?

As of Aug 23, 2026, the average hourly pay for loan processing assistant in Alabama is $17.50, according to ZipRecruiter salary data. Most workers in this role earn between $15.24 and $18.51 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 are the key skills and qualifications needed to thrive as a loan processing assistant?

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 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.

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.

How much do entry level loan processing assistants make?

Entry-level loan processing assistants typically earn between $30,000 and $40,000 annually, depending on location and employer. Starting salaries may also include benefits such as health insurance and paid time off, and the role often requires basic knowledge of loan documentation and processing software.

Is loan processing a hard job?

Loan processing is a detail-oriented role that requires strong organizational skills, attention to accuracy, and familiarity with financial documents and software. The job can be challenging during busy periods or when handling complex applications but generally involves routine tasks and clear procedures.

What are the most commonly searched types of Loan Processing jobs in Alabama?

The most popular types of Loan Processing jobs in Alabama are:

What are popular job titles related to Loan Processing Assistant jobs in Alabama?

For Loan Processing Assistant jobs in Alabama, the most frequently searched job titles are:

What job categories do people searching Loan Processing Assistant jobs in Alabama look for?

The top searched job categories for Loan Processing Assistant jobs in Alabama are:

What cities in Alabama are hiring for Loan Processing Assistant jobs?

Cities in Alabama with the most Loan Processing Assistant job openings:

Loan Processing Assistant jobs near you
Infographic showing various Loan Processing Assistant job openings in Alabama as of August 2026, with employment types broken down into 2% As Needed, 74% Full Time, 19% Part Time, 1% Temporary, and 4% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $36,407 per year, or $17.5 per hour.

Central Loan Processor

Exchange Bank of Ala

Gadsden, AL • On-site

$15.25 - $20.50/hr

Other

Posted 24 days ago

Job description

Central Loan Processor
Department: Loan Processing
FLSA Status: Non-Exempt
Reports To: Commercial Loan Administrator/Loan Processing Manager
Job Summary:
The Central Loan Processor assists multiple Loan Officers bank-wide in all areas of the loan process by gathering required information and preparing required documentation and reports, along with providing personal secretarial and clerical services while maintaining pending loan and departmental files and records.
Supervisory Responsibilities:
  • None.
Duties/Responsibilities:
  • Processes and coordinates all loans for Loan Officers at all locations in a timely manner. Closes loans as needed.
  • Orders credit reports, appraisals, real estate evaluations, environmental reports, flood determinations, and any other reports or information as needed.
  • Maintains organized working files for each loan for ease of loan progress review.
  • Reviews loan file and documents for accuracy and corrects any errors prior to closing, while determining causes of errors to prevent recurrence.
  • Communicates effectively and directly with all bank personnel in a professional manner using a good understanding of a variety of business matters and situations.
  • Coordinates scheduling with customers, Bank's Closing Agent, and/or attorney/agent to ensure accuracy and timeliness concerning real estate disclosures, evaluations, closing costs/fees, closing disclosures, and all loan documentation.
  • Prepares correspondence in final form.
  • Writes routine letters and memos.
  • Assists other Loan Processors/Executive Assistants as needed by answering questions, reviewing documentation, software use, and other assistance requested with any other Loan Processing-related tasks.
  • Reads and comprehends the Loan Policy while monitoring for changes or additions that affect loan processing.
  • Performs research in various areas according to the needs of officers or customers with timely follow-up.
  • Maintains working knowledge of all assigned software and policies.
  • Maintains a work area that ensures the safety of all confidential records.
  • Performs other related duties as assigned.
Required Skills/Abilities:
  • Excellent and professional written and verbal communication skills.
  • Proficiency with computer applications and assigned procedures.
  • Ability to multi-task with flexibility while maintaining a high level of organization.
  • Acute attention to detail and deadlines.
  • Trustworthiness and the ability to act with integrity while maintaining harmony with coworkers and supervisor.
  • Ability to show initiative and assist others where needed.
Education and Experience:
  • High school diploma or equivalent is required.
  • Two years of banking experience.
  • Experience in processing and closing consumer and commercial loan transactions preferred.
Physical Requirements:
  • Ability to remain seated for extended periods of time while working at a computer.
  • Must be able to perceive and interpret auditory and visual information to ensure safety and effective communication with customers, coworkers, and external contacts.
  • Must be able to lift up to 15 pounds at times.

Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.
Monday - Friday, 8am-5pm

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