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Loan Processing Assistant Jobs in Arizona (NOW HIRING)

Loan Processor

Phoenix, AZ ยท On-site

$18.50 - $24.75/hr

Loan Processing Specialist (Ignyte) Founded in 2017, Yrefy is a fast-growing private fintech ... * Assist in gathering and verifying supporting documents from students and schools to facilitate ...

The Loan Processing Specialist (Ignyte) serves as a critical liaison between our lending operations ... * Assist in gathering and verifying supporting documents from students and schools to facilitate ...

Loan Processor

Phoenix, AZ ยท On-site

$21 - $26/hr

The Loan Processing Specialist (Ignyte) serves as a critical liaison between our lending operations ... * Assist in gathering and verifying supporting documents from students and schools to facilitate ...

Loan Processor

Phoenix, AZ ยท On-site

$18.50 - $24.75/hr

The Loan Processing Specialist (Ignyte) serves as a critical liaison between our lending operations ... * Assist in gathering and verifying supporting documents from students and schools to facilitate ...

Loan Processor

Gilbert, AZ ยท On-site

$45K - $55K/yr

... * Assist with post-closing activities, including trailing documents, collateral files, recorded ... Experience processing business-purpose loans such as fix-and-flip, bridge, rental property ...

Loan Processor

Gilbert, AZ ยท On-site

$45K - $55K/yr

... * Assist with post-closing activities, including trailing documents, collateral files, recorded ... Experience processing business-purpose loans such as fix-and-flip, bridge, rental property ...

Loan Processor

Gilbert, AZ ยท On-site

$45K - $55K/yr

... * Assist with post-closing activities, including trailing documents, collateral files, recorded ... Experience processing business-purpose loans such as fix-and-flip, bridge, rental property ...

Loan Processor

Gilbert, AZ ยท On-site

$18.75 - $25/hr

... Assist with post-closing activities, including trailing documents, collateral files, recorded ... Experience processing business-purpose loans such as fix-and-flip, bridge, rental property ...

Real growth path into senior processing and operations roles Compensation: $65,000 - $80,000 yearly ... tax records * Assist borrowers in determining the best mortgage type based on interview and ...

Identify opportunities to improve operational workflows, efficiency, and the overall client experience. * Assist in onboarding, mentoring, and developing Loan Assistants, Junior Processors, and other ...

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Loan Processing Assistant information

See Arizona salary details

$12

$17

$27

How much do loan processing assistant jobs pay per hour?

As of Aug 27, 2026, the average hourly pay for loan processing assistant in Arizona is $18.00, according to ZipRecruiter salary data. Most workers in this role earn between $15.67 and $19.04 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 Arizona?

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

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

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

Infographic showing various Loan Processing Assistant job openings in Arizona as of August 2026, with employment types broken down into 2% As Needed, 76% Full Time, 18% Part Time, 2% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $37,431 per year, or $18 per hour.

Loan Processor

Phoenix, AZ โ€ข On-site

Yrefy LLC
Finance and Insuranceย โ€ขย 11 - 50 employees

$18.50 - $24.75/hr

Other

Dental, Vision, Life, Retirement

Posted 7 days ago


Job description

Loan Processing Specialist (Ignyte)

Founded in 2017, Yrefy is a fast-growing private fintech company, helping to solve the student loan crisis through innovative refinancing solutions. Through our mission of "Doing well by doing good," we provide financial relief to borrowers while delivering consistent returns to our investors. We are seeking dynamic people with a strong desire to learn to build out our winning team.

The Loan Processing Specialist (Ignyte) serves as a critical liaison between our lending operations and partner schools. This role ensures smooth communication and resolution of student application issues, supports underwriting processes, and maintains high standards of documentation accuracy. The ideal candidate is detail-oriented, proactive, and passionate about helping students succeed through financial access.

Key Responsibilities:

  • School Communication & Support
    • Serve as the primary point of contact for partner schools regarding student loan application issues.
  • Troubleshoot and resolve application discrepancies or delays in collaboration with school administrators and internal teams.
  • Provide guidance to schools on documentation requirements and application procedures.
  • Loan Processing & Problem Solving
    • Identify and resolve issues in the loan processing workflow to ensure timely approvals and disbursements.
  • Collaborate with internal departments to streamline processes and improve service delivery.
  • Underwriting Support
    • Work closely with the underwriting team to ensure all required documentation is complete and accurate.
  • Assist in gathering and verifying supporting documents from students and schools to facilitate loan approvals.
  • Document Review & Quality Assurance
    • Review student loan documents for completeness, accuracy, and compliance with company and regulatory standards.
  • Maintain organized records and ensure timely updates in the loan management system.

Qualifications:

  • Earning a degree or equivalent experience in Business, English, finance, education, or a related field.
  • 2+ years of experience in loan processing, financial services, or educational administration preferred.
  • Strong problem-solving skills and attention to detail.
  • Excellent communication and interpersonal skills.
  • Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
  • Familiarity with lending regulations and documentation standards is a plus.

Yrefy takes care of our team members! Benefits include:

  • 100% Employer Paid Medical for Employee AND Whole Family (includes the Mayo Clinic)
  • 401(k)/Roth Plan with 4% Match and Immediate Vesting
  • Dental Insurance
  • Vision Insurance
  • Company Paid Life Insurance
  • Company Paid Short-and-Long-Term Disability Insurance
  • Fully Paid LifeTime Gym Membership (if at least 8 visit days/month)
  • Student Loan Repayment Assistance and Education Assistance
  • Catered Friday Lunches
  • Stocked Snack Kitchens
  • Fun in-Office Work Environment
  • Opportunity to Work at a Fast-Growing Company
  • And more!

Join a team that is making a difference in people's livesโ€ฆ Apply today!