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Loan Processing Assistant Jobs in Virginia (NOW HIRING)

Virginia Credit Union

Lending Processor Direct

Midlothian, VA · On-site

$17.25 - $23/hr

Consumer Loan Processor Process and disburse consumer loans based on stipulations that have been ... assist accordingly. Proactively contact approved members in a timely manner to close loans in an ...

New

Waterstone Mortgage

Mortgage Loan Partner II

Ashburn, VA · On-site

$40K - $56K/yr

Work as a liaison for Loan Originators and with processing to help coordinate weekly pipeline ... Complete regulatory and compliance certification and training, as required. * Assist WMC employees ...

Signature Federal Credit Union

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Home Equity | Mortgage Loan Processor

Alexandria, VA · On-site

$20.37 - $30.55/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Role: To assist members with their mortgage lending needs (first mortgage and home equity loans ... processing software; be able to use PC and general office equipment. 7. Must be able to read and ...

Novus Home Mortgage

Loan Partner

Crozet, VA

$30/hr

College degree in finance or banking preferred * 3+ years of mortgage experience as loan officer, loan officer assistant, or processor About Company OUR MISSION? MAKING MORTGAGE LENDING SIMPLE. NOVUS ...

Security Finance

Administrative Assistant

Newport News, VA

$16.25 - $22/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Process loan applications * Maintain insurance filing and record-keeping systems * Maintain payment accuracy and security * Prepare and submit office bank deposits and checkbook transactions

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

Loan Processing Assistant information

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How much do loan processing assistant jobs pay per hour?

As of Aug 15, 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.

Retail Loan Officer / Mortgage Banker

JG Wentworth Home Lending, LLC

Virginia Beach, VA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted yesterday

Job description

Company Description
J.G. Wentworth Home Lending (JGWHL) is a residential mortgage lender that has built its success over the past 15 years in originating Conventional, VA, and FHA loans. Using our award winning customer centric process lead by our Loan Originators and supported by our operations team, we received a 95% consumer satisfaction rating from LendingTree.com. We are also ranked among the "Top 50 Mortgage Services Providers" nationwide and ensure that not only are our customers happy but that we provide an environment for our Loan Originators to be successful.
Job Description
Loan Originator - Distributed Retail
JG Wentworth Home Lending is licensed to operate in 40 states and would like to expand our operations in our Virginia Beach, VA location. We are currently looking for licensed and experienced Loan Originators (LO) to source and originate residential loans in a customer facing environment. The LO is expected to establish, develop, and maintain a quality network of Realtors, Builders, Developers, CPAs, and other Financial Partners through regular participation in business related development opportunities , community efforts, and association with professional organizations.
What We Offer:
  • Paperless Environment
  • Three track loan processing (Credit, Title, and Collateral) along with in house underwriting.
  • Complete back end support from our Loan Production Assistants & Processors to ensure quick turnover and closing
  • Marketing materials from our new Online Marketing Store for customized and compliant marketing material.
  • Competitive compensation and benefits package to include:
    • 401K enrollment following 90 days of employment
    • Medical, Dental, and Vision Coverage following 30 days employment
    • Life Insurance, Short & Long Term Disability Insurance
    • HAS or Flexible Spending Account
    • Employee Assistance Plan

Principal Responsibilities:
  • Conduct interviews with prospective borrowers in order to analyze financial and credit data, determine customer financing objectives, advise customers of product/pricing policies and guidelines, and gather any additional required information.
  • Coordinate customer interaction and interface with all parties involved on each individual loan that is originated from application to closing.
  • Establish, develop, and maintain client referral relationships with Realtors, Builders, Developers, CPAs, other financial partners and make sales calls on potential and existing customers to develop new or retain existing business.
  • Stay up to date with changing rules, regulations, and guidelines from FNMA, FHLMC, FHA and VA as well as to other investors and agencies.
  • Ensure that all marketing is compliant.
  • Maintenance of license by following through on all professional conditions and education requirements.
  • Achieves company quarterly sales/production goals and objectives.

Qualifications
• Current license and in good standing under NMLS and the states of CA, FL, VA and/or multiple other states (a plus)
• Excellent customer service skills with a positive attitude and lots of energy
• Knowledge of loan products, loan origination process, policies, procedure, underwriting guidelines and documentation requirements
• Excellent communication and organizational skills
• Experience using Encompass 360
Additional Information
For more than 20 years, The J.G. Wentworth Company®, through its affiliates and subsidiaries, has provided individuals the flexible options they need to respond to life's changing needs. Today, The J.G. Wentworth Company® is a diversified company focused on providing direct-to-consumer solutions to financial needs through a variety of offerings, including: home lending and refinancing, structured settlement, annuity and lottery payment purchasing, access to personal loans, and prepaid cards. Our seasoned management team has developed a category-leading marketing, operations, customer service and funding infrastructure that has allowed us to achieve efficiency and economies of scale necessary for future growth.
We'd love to consider you for our growing team of talent and invite you to complete an application for our current open positions. EOE/V/D

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