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Loan Processing Assistant Jobs in Indiana (NOW HIRING)

Via Credit Union

Indirect Loan Processor

Marion, IN · On-site

$16.75 - $22.25/hr

Complete loan and processing checklist * Send welcome packets with loan information to new members * Be prepared to answer member and dealer telephone calls and questions * Assist co-workers and any ...

Via Credit Union

Indirect Loan Processor

Marion, IN · On-site

$16.75 - $22.25/hr

Complete loan and processing checklist * Send welcome packets with loan information to new members * Be prepared to answer member and dealer telephone calls and questions * Assist co-workers and any ...

Via Credit Union

Indirect Loan Processor

Marion, IN · On-site

Complete loan and processing checklist * Send welcome packets with loan information to new members * Be prepared to answer member and dealer telephone calls and questions * Assist co-workers and any ...

Via Credit Union

Indirect Loan Processor

Marion, IN · On-site

$20 - $25/hr

Complete loan and processing checklist * Send welcome packets with loan information to new members * Be prepared to answer member and dealer telephone calls and questions * Assist co-workers and any ...

Crosscountrymortgage

Loan Processor

Carmel, IN

$18.75 - $25/hr

... processing personnel. * Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage investors. * Available to work varying hours ...

New

Centier

Loan Originator

Carmel, IN

$12.28/hr

Submit completed loan applications and all supporting documents to loan processing to begin ... training to assist in growing in career. What is needed to be successful in this position:

Centier

Loan Originator

Fort Wayne, IN

$12.28/hr

Submit completed loan applications and all supporting documents to loan processing to begin ... training to assist in growing in career. What is needed to be successful in this position:

Centier

Loan Originator

South Bend, IN

$12.28/hr

Submit completed loan applications and all supporting documents to loan processing to begin ... training to assist in growing in career. What is needed to be successful in this position:

Centier

Loan Originator

Greenwood, IN

$12.28/hr

Submit completed loan applications and all supporting documents to loan processing to begin ... training to assist in growing in career. What is needed to be successful in this position:

Centier Bank

Loan Originator

Carmel, IN · On-site

$12.28/hr

Submit completed loan applications and all supporting documents to loan processing to begin ... training to assist in growing in career. What is needed to be successful in this position:

Centier

Mortgage Loan Officer

Michigan City, IN · On-site

$12.28/hr

Submit completed loan applications and all supporting documents to loan processing to begin ... training to assist in growing in career. What is needed to be successful in this position:

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All JobsLoan Processing JobsLoan Processing Assistant JobsLoan Processing Assistant Jobs in Indiana

Loan Processing Assistant information

See Indiana salary details

$12

$18

$27

How much do loan processing assistant jobs pay per hour?

As of Jul 17, 2026, the average hourly pay for loan processing assistant in Indiana is $18.38, according to ZipRecruiter salary data. Most workers in this role earn between $16.01 and $19.42 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.
What are the most commonly searched types of Loan Processing jobs in Indiana? The most popular types of Loan Processing jobs in Indiana are:
What are popular job titles related to Loan Processing Assistant jobs in Indiana? For Loan Processing Assistant jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Loan Processing Assistant jobs in Indiana look for? The top searched job categories for Loan Processing Assistant jobs in Indiana are:
What cities in Indiana are hiring for Loan Processing Assistant jobs? Cities in Indiana with the most Loan Processing Assistant job openings:
Loan Processing Assistant jobs near you
Senior Consumer Loan Processor

Senior Consumer Loan Processor

Financial Center First Credit Union

Indianapolis, IN • On-site

$24.11 - $36.17/hr

Full-time

Posted 6 days ago

Job description

POSITION TITLE: Senior Consumer Loan Processor
REPORTS TO: Consumer Loan Processing Manager
GRADE: 9
DEPARTMENT: Lending
FLSA STATUS: Non-Exempt
LOCATION: Hybrid, 7101 East 56th Street, Indianapolis, IN, 46226
PURPOSE: The primary purpose of this position is to fulfill Financial Center First CU’s vision of inspiring financial wellness. The position must deliver high quality service to both internal and external members by supporting and promoting our values to Care, Listen, Learn, Solve, and Act.
Primary purpose of the Senior Consumer Lending Processor is to perform loan investigations, administrative activities, member evaluation and loan package preparation for the Credit Union. Ensuring that documents regarding a loan meet all lending and regulatory requirements before signatures are completed.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Ensures timely processing of applications to ensure continued business and quality of service. Process consumer loans including but not limited to Auto, Unsecured, Credit Card, HE, HELOC, RV, Boat, Motorcycle, Small Business. Achieve minimal posting, processing or account set up errors
  • Interview members for validation of information supplied on applications when needed
  • Determine all applicable ratios and metrics meet the approved criteria either by the loan system or loan underwriter
  • Review active loan files each day to determine if any documents are missing and what can be done to help the process along
  • Collect data and documents to process the loan, which includes but not limited to validating members assets, salaries, debts, employment status, sales contracts and legal documents
  • Conducts research and stays up to date with industry trends and changes. Acquires knowledge of new lending processes, regulations, credit union products etc.
  • Must perform all activities in accordance with federal and state laws and regulations as well as within the credit unions approved policies and procedures
  • Prepare approved loan files to ensure that all documents are in order prior to closing
  • Meet loan application deadlines and assist members to meet such deadlines
  • Review the final loan application, closing documents for completeness and accuracy prior to loan signing
  • Book/Fund loans and distribute all necessary funds to proper locations
  • Ensure transfer of loan details from loan system to core system and all criteria was recorded in the core system accordingly
  • Be a high performing loan processor continually being in the top margin for production
  • Coach, Assist, Train, Consumer Loan Processor’s on software, applications, processes, documentation and guidelines
  • Subject matter expert on processing for all consumer lending loan type
  • Assist in improving efficiencies within the department when opportunities are seen or arise
  • Assist in completion of updated procedures and implementation of any updates or changes within the dept.
  • Responsible for ensuring all applications have proper disclosures sent out by regulator time lines
  • Each Month run the LPQ HMDA Report. Submit LAR to government
  • Review each loan listed for proper “reason” and validation that the proper demographic details are obtained
  • Submit file for proper HMDA LAR export through compliance program. Complete proper batch GeoCoding
  • Performs other duties commensurate to this position
QUALIFICATIONS AND SKILLS:
Education amp; Experience:
  • A two-year degree such as business administration or finance etc. is preferred
  • 5 Years of financial experience in the Banking or Credit Union industry related to lending amp; retail
  • 3 Years as a consumer loan processor covering specifically Auto, Credit Card, HE/HELOC, Unsecured loans
  • 1 year of retail experience working directly with members/customers
  • Thorough knowledge of Credit Union/Banking loan products and applicable policies and standards
  • Knowledge and experience with Loan Origination Systems and Core systems. Such as Meridian Link, Keystone, Fiserv, L360 etc.
  • Subject matter expert on consumer loan processing for Auto, Credit Card, HE/HELOC, Unsecured loans
  • Skills:
  • Strong desire and willingness to learn new technologies, lending processes, industry changes, systems, products to improve skills amp; knowledge
  • Strong verbal and written communication skills. Strong interpersonal and customer service skills. Ability to be resourceful, perceptive and persuasive when solving problems. Displays, diplomacy, patience and tact when dealing with members and staff
  • Detail oriented with ability to adapt quickly in a fast-paced environment
  • Good organizational skills. Ability to concentrate, exercise judgement amp; be a creative thinker, with a tolerance for risk
  • Ability to operate related computer applications and business equipment

ADA REQUIREMENTS
Physical Requirements
  • Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 5 lbs.
  • Must be capable of climbing/descending stairs in emergency situation.
  • Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator.
  • Must be able to routinely perform work on computer for an average of 6-8 hours per day.
  • Must be able to work extended hours whenever required or requested by management.
  • Must by capable of regular, reliable and timely attendance.
  • Working Conditions
  • Must be able to routinely perform work indoors in climate-controlled shared work area with moderate noise.
  • Mental and/or Emotional Requirements
  • Must be able to perform job functions with supervision and work effectively either on own or as part of a team.
  • Must be able to read and carry out various instructions and follow oral instructions.
  • Must be able to speak clearly and deliver information in a logical and understandable sequence.
  • Must be able to perform basic mathematical calculations with extreme accuracy.
  • Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public.
  • Must be able to perform responsibilities with composure under the stress of deadlines/requirements for extreme accuracy and quality and/or fast pace.
  • Must be able to effectively handle multiple, simultaneous, and changing priorities.
  • Must be capable of exercising highest level of discretion on confidential matters.

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