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Loan Processing Assistant Jobs in Tennessee (NOW HIRING)

Loan Processor

Franklin, TN ยท On-site

$18.50 - $24.75/hr

... processing personnel. * Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage, LLC. investors. Qualifications and Skills:

Loan Processor

Franklin, TN ยท On-site

$18.50 - $24.75/hr

... processing personnel. Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage, LLC. investors. Qualifications and Skills:

Mortgage Loan Processor

Clarksville, TN ยท On-site

$34K - $47K/yr

Perform basic financial calculations and assist in evaluating loan applications against guidelines. * Ensure compliance: Follow underwriting standards, regulatory requirements, and internal policies ...

Loan Partner

Madison, TN ยท On-site

$17.25 - $23.25/hr

Monitor loan milestones and ensure deadlines are met ... Track conditions and assist borrowers in satisfying underwriting requirements. Processing Support

Mortgage Loan Processor

Chattanooga, TN ยท On-site

$36K - $50K/yr

Perform basic financial calculations and assist in evaluating loan applications against guidelines. * Ensure compliance: Follow underwriting standards, regulatory requirements, and internal policies ...

Mortgage Loan Processor

Knoxville, TN ยท On-site

$33K - $45K/yr

Perform basic financial calculations and assist in evaluating loan applications against guidelines. * Ensure compliance: Follow underwriting standards, regulatory requirements, and internal policies ...

Mortgage Loan Processor

Clarksville, TN ยท On-site

$34K - $47K/yr

Perform basic financial calculations and assist in evaluating loan applications against guidelines. * Ensure compliance: Follow underwriting standards, regulatory requirements, and internal policies ...

Loan Officer Assistant

Chattanooga, TN ยท On-site

$34K - $46K/yr

The Loan Officer Assistant works directly with CCM customers, loan officers, and processors to ensure a positive customer experience and facilitate timely loan closings. Job Responsibilities ...

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Loan Processing Assistant information

See Tennessee salary details

$12

$17

$26

How much do loan processing assistant jobs pay per hour?

As of Aug 23, 2026, the average hourly pay for loan processing assistant in Tennessee is $17.53, according to ZipRecruiter salary data. Most workers in this role earn between $15.29 and $18.56 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 Tennessee?

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

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

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

Infographic showing various Loan Processing Assistant job openings in Tennessee as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $36,456 per year, or $17.5 per hour.

Loan Processor & Loan Officer Assistant

Gold Star Mortgage Financial Group, Corporation

Knoxville, TN โ€ข Hybrid

Full-time, Part-time

Re-posted 19 days ago


Job description

Loan Processor amp; Loan Officer Assistant (LOA) - JOB DESCRIPTION
Position Title: Loan Processor amp; LOA FLSA Status: Non-Exempt :
Pay Grade: I (Junior) or II (Senior) Reports to: Branch Manager or Branch Support Manager
Status: Regular, Full-Time or Part-Time Title Grade: I (Junior) or II (Senior)
Location: Knoxville, TN
SUMMARY amp; PURPOSE OF POSITION:
The Loan Processor amp; Loan Officer Assistant (LOA) is responsible for supporting the Loan Officer and processing team by managing loan files from initial application through underwriting. This hybrid role involves administrative support, client communication, document collection, and coordination with third parties to ensure loans move through the pipeline efficiently and in compliance with company policies and industry regulations.
PRIMARY POSITION-SPECIFIC RESPONSIBILITIES:
โ€ข Obtain and review required loan documentation from customers to ensure completeness and accuracy.
โ€ข Proactively communicate with clients, third-party vendors, and team members to collect missing documentation and resolve discrepancies.
โ€ข Submit complete loan files to underwriting and follow up as needed.
โ€ข Initiate title and appraisal orders; track progress to ensure timely completion.
โ€ข Schedule and coordinate appointments, meetings, and other client-related events for the Loan Officer.
โ€ข Assist with marketing initiatives to support lead generation and client outreach.
โ€ข Stay up to date on company policies, mortgage regulations, and industry best practices.
โ€ข Maintain organized and compliant loan files throughout the processing lifecycle.
โ€ข Perform general clerical duties and other tasks as assigned.
ESSENTIAL SKILLS amp; EXPERIENCE:
โ€ข High School Diploma or equivalent required.
โ€ข Minimum of one (1) year of hands-on loan processing experience in the mortgage banking industry preferred.
โ€ข Exceptional attention to detail and accuracy.
โ€ข Strong organizational skills and ability to manage multiple files and deadlines simultaneously.
โ€ข Dependable and self-motivated with the ability to work independently.
โ€ข Excellent written and verbal communication skills.
โ€ข Comfortable learning and adapting to regulatory updates and internal policy changes.
PREFERRED EDUCATION amp; EXPERIENCE:
โ€ข Previous experience in the mortgage banking industry;
โ€ข Field of study (Associates degree can be substituted for more than 2 years of loan processing
experience)
โ€ข Previous experience with Encompass, a plus