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Loan Processing Assistant Jobs in Virginia (NOW HIRING)

Canter Financial

Loan Processor

Richmond, VA

$90K/yr

Interview prospective loan applicants and assist them in finding the best loan products for their ... Minimum of 2+ years loan processing experience required * Experience in mortgage lending and ...

Canter Financial

Loan Processor

Richmond, VA · On-site

$60K - $90K/yr

... assist them in finding the best loan products for their needs • Assure that loan files meet ... processing experience required • Experience in mortgage lending and knowledge of loan types, such ...

Towne Bank

Loan Operations Representative I

Suffolk, VA · On-site

$37K - $44K/yr

We are seeking a Loan Operations Representative to handle member requests and questions received by ... and payment processing. * Assist with administrative functions, including mailings and other ...

KORE MORTGAGE LLC

Loan Officer

Midlothian, VA

Process loan applications * Set up debt payment plans * Report on financing decisions * Complete loan contracts * Assist clients in understanding the terms and conditions of their contracts

KORE MORTGAGE LLC

Loan Officer

Midlothian, VA

Process loan applications * Set up debt payment plans * Report on financing decisions * Complete loan contracts * Assist clients in understanding the terms and conditions of their contracts

Virginia Credit Union

Mortgage Loan Processor

Roanoke, VA · On-site

$46K - $56K/yr

... team. * Assist mortgage loan officer with member communication from initial application through ... Processing Duties * Process all full documentation loans (purchase and refinance) specializing in ...

University of Virginia

Loan Coordinator

Charlottesville, VA · On-site

$55K - $62K/yr

Document loan processes to conform with auditing requirements. * Assist the awarding team during peak periods to provide award packages and participate in quality control efforts to determine if the ...

University of Virginia

Loan Coordinator

Charlottesville, VA · On-site

$55K - $62K/yr

Document loan processes to conform with auditing requirements. * Assist the awarding team during peak periods to provide award packages and participate in quality control efforts to determine if the ...

Virginia Jobs

Loan Coordinator

Charlottesville, VA · On-site

$55K - $62K/yr

Document loan processes to conform with auditing requirements. * Assist the awarding team during peak periods to provide award packages and participate in quality control efforts to determine if the ...

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All JobsLoan Processing JobsLoan Processing Assistant JobsLoan Processing Assistant Jobs in Virginia

Loan Processing Assistant information

See Virginia salary details

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$19

$29

How much do loan processing assistant jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for loan processing assistant in Virginia is $19.15, according to ZipRecruiter salary data. Most workers in this role earn between $16.68 and $20.24 per hour, depending on experience, location, and employer.

What qualifications do I need to be a loan processing assistant?

A loan processing assistant typically needs a high school diploma or equivalent, strong organizational and communication skills, and familiarity with loan processing software or office tools. Some employers may prefer prior experience in banking or finance and may require knowledge of loan documentation and basic financial principles.

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?

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.

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 Virginia? The most popular types of Loan Processing jobs in Virginia are:
What are popular job titles related to Loan Processing Assistant jobs in Virginia? For Loan Processing Assistant jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Loan Processing Assistant jobs in Virginia look for? The top searched job categories for Loan Processing Assistant jobs in Virginia are:
What cities in Virginia are hiring for Loan Processing Assistant jobs? Cities in Virginia with the most Loan Processing Assistant job openings:
Loan Processing Assistant jobs near you
Infographic showing various Loan Processing Assistant job openings in Virginia as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 18% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $39,823 per year, or $19.1 per hour.

Loan Processor

Canter Financial

Richmond, VA

$90K/yr

Full-time

Re-posted 11 days ago

Job description

Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you’re interested in a dynamic position on a well-established and successful lending team, look no further; apply now!Compensation:

$60,000- $90,000 yearly


Responsibilities:
  • Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness
  • Maintain detailed documentation of the process in our system - from origination to close
  • Prepare and submit detailed loan packages to the lender underwriting department for approval or denial
  • Interview prospective loan applicants and assist them in finding the best loan products for their needs
  • Assure that loan files meet banking and regulatory guidelines and policies
  • Communicate with lender closing department and title agents to ensure timely delivery of loan document packages to closing

Qualifications:
  • Strong analytical and time management skills and superior attention to detail
  • We prefer an Associate’s degree in accounting, finance, or business - High school diploma or GED required
  • Minimum of 2+ years loan processing experience required
  • Experience in mortgage lending and knowledge of loan types, such as FHA, FHLB, FNMA, or VA loans required
  • Must have excellent written and verbal communication skills
  • Experience in mortgage loan processing, with a focus on customer satisfaction.
  • Ability to manage multiple loan files simultaneously while maintaining attention to detail.
  • Proven track record of effectively communicating with clients, real estate agents, and underwriters.
  • Strong organizational skills to ensure timely collection and verification of financial documentation.
  • Familiarity with ordering and reviewing property and loan documentation, such as appraisals and title searches.
  • Ability to analyze credit reports and financial documents to assess applicant creditworthiness.

About Company

We are a growing boutique mortgage brokerage based in Richmond, VA and licensed in VA and FL. Our typical product mix is heavily conventional with some government and non-QM.