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Loan Processing Assistant Jobs in Wisconsin (NOW HIRING)

Oostburg State Bank

Loan Processor

Oostburg, WI · On-site

$20 - $26.50/hr

Provide professional, prompt, efficient and accurate service in the processing of customer loans ... Have a general understanding of the loan servicing system to assist customers and bank personnel ...

River Bank

Loan Operations Coordinator

West Salem, WI · On-site

Support Loan Officers and Loan Processors requiring documentation for or from files. * Assist in the preparation of files required for internal and external audits. * Perform quality control on all ...

Lake Ridge Bank

Loan Assistant

Monona, WI · On-site

$37K - $46K/yr

Actively assist in the loan origination process for new and renewal loan requests by assisting ... Lenders, loan production, underwriting and/or others, including but not limited to, starting online ...

Lake Ridge Bank

Loan Assistant

Madison, WI · On-site

$37K - $46K/yr

Actively assist in the loan origination process for new and renewal loan requests by assisting ... Lenders, loan production, underwriting and/or others, including but not limited to, starting online ...

Lake Ridge Bank

Loan Assistant

Monona, WI · On-site

$38K - $48K/yr

Actively assist in the loan origination process for new and renewal loan requests by assisting ... Lenders, loan production, underwriting and/or others, including but not limited to, starting online ...

Lake Ridge Bank

Loan Assistant

Monona, WI · On-site

$37K - $46K/yr

Actively assist in the loan origination process for new and renewal loan requests by assisting ... Lenders, loan production, underwriting and/or others, including but not limited to, starting online ...

Merchants Bank

Mortgage Loan Processor I

Eau Claire, WI · On-site

$39K - $54K/yr

Will also assist in obtaining required information for mortgage loan applicants regarding ... Mortgage processing and disclosure experience preferred. Must possess a positive attitude, be able ...

Merchants Bank

Mortgage Loan Processor I

Onalaska, WI · On-site

$37K - $51K/yr

Will also assist in obtaining required information for mortgage loan applicants regarding ... Mortgage processing and disclosure experience preferred. Must possess a positive attitude, be able ...

Lake Ridge Bank

Loan Production Specialist

Middleton, WI · On-site

Process Adverse Action for loan requests that are denied, withdrawn, closed for incompleteness or ... Other Responsibilities * Assist team members with problems solving and issues during the production ...

Lake Ridge Bank

Loan Production Specialist

Middleton, WI · On-site

Process Adverse Action for loan requests that are denied, withdrawn, closed for incompleteness or ... Other Responsibilities * Assist team members with problems solving and issues during the production ...

Lake Ridge Bank

Loan Production Specialist

Middleton, WI · On-site

Process Adverse Action for loan requests that are denied, withdrawn, closed for incompleteness or ... Other Responsibilities * Assist team members with problems solving and issues during the production ...

All Western Mortgage

Junior Loan Officer

Madison, WI · On-site +1

Description Are you a skilled loan officer who excels at sales but needs a little more loan ... buying process with an excellent support team to assist you. You'll maintain at least weekly ...

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Loan Processing Assistant information

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How much do loan processing assistant jobs pay per hour?

As of Aug 23, 2026, the average hourly pay for loan processing assistant in Wisconsin is $19.49, according to ZipRecruiter salary data. Most workers in this role earn between $16.97 and $20.62 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 Wisconsin?

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

What are popular job titles related to Loan Processing Assistant jobs in Wisconsin?

For Loan Processing Assistant jobs in Wisconsin, the most frequently searched job titles are:

What job categories do people searching Loan Processing Assistant jobs in Wisconsin look for?

The top searched job categories for Loan Processing Assistant jobs in Wisconsin are:

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

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

Loan Processing Assistant jobs near you
Infographic showing various Loan Processing Assistant job openings in Wisconsin as of August 2026, with employment types broken down into 2% As Needed, 77% 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 $40,543 per year, or $19.5 per hour.

Commercial Loan Documentation Specialist

First Mid Bank and Trust

Beloit, WI • On-site

$20.43 - $30.72/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 21 days ago

Job description

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e. bonus, incentives, and/or commission). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements.
The Commercial Loan Documentation Specialist is responsible for analyzing loan documentation, including complex commercial and commercial real estate loans, ensuring the accurate and timely delivery of loans while minimizing documentation and collateral risk factors to the bank.
Responsibilities include, but are not limited to:
  • Responsible for identifying and reporting incidences of non-compliance to procedures, policy and regulations in completed commercial loan files. Completes an analysis of compliance with regulations, internal policies and procedures and works with processors/loan officers to clear deficiencies.
  • Develop and maintain an understanding of updated regulatory and policy exceptions.
  • Reviews and understands business entity documents, confirms authorization to borrow/guaranty, determines approved signers, and ensures resolutions and loan documents are drafted appropriately.
  • Reviews and analyzes loan write-ups and applies the approved terms and conditions to loan document production.
  • Executes and leads communication with loan officers/loan assistants/credit administration/loan processors to identify solutions for any discrepancies and to obtain missing information &/or documentation. Delivers constant communication of the loan processing status.
  • Provides training for complex loans including the preparation of required documents for complex entity structures, multi-cross collateralized loans, SBA loans, government guarantees, out-of-state collateral, documentation perfection, trusts and complex real estate structures.
  • Coaches and mentors Loan Processors and Loan Processor Specialist. Proactively identifying control weaknesses to Loan Operations Officer with recommendations for skill development based on recurring issues identified while analyzing completed loans.
  • Handles complex customer issues and works on projects of diverse complexity and scope.
  • Analyzes, investigates and coordinates collateral verifications through Uniform Commercial Code (UCC) searches, title commitments and appraisals. Initiates/creates/ensures lien perfection based on type of collateral, law, regulations and geographical location.
  • Responsible for reviewing and updating the input and documentation checklists for compliance, procedural changes and to maintain standards for the loan documentation process.
  • Provides subject matter expert knowledge to the loan officers and branch loan personnel answering questions regarding loan documentation, and loan documentation status.
  • Reviews various monthly business analytics reports for system data integrity, determines corrective action and maintains the system for any errors identified.
  • Implements new processes and procedures.
  • Serves as a member of the conversion mapping and validation team for conversions. Will be responsible for ensuring coding of target banks loans is completed in an accurate manner. Works closely with Fiserv in the writing and testing of the conversion program.
  • Backup for Consumer Loan Documentation Specialist and Loan Operations Coordinator.
  • Completes required training associated with job function.
  • Performs other related duties as assigned.

Qualifications
Education:
  • High School diploma or equivalent, Associates preferred.

Experience:
  • 3+years banking, clerical or loan processing experience.

Skills:
  • Extensive knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure all loans meet necessary requirements.
  • As a subject matter expert, provides recommendations to leadership and guidance to staff members. Promotes the development of effective team relationships and functions in various capacities to ensure the success of team efforts.
  • Broad knowledge of loan documentation, including commercial and commercial real estate, loan provisions/terms, and compliance.
  • High level of interpersonal skills to interact professionally with processors, loan officers, regional presidents and Chief Credit Officer.
  • Must be able to work with a significant amount of detailed information in an accurate, timely and confidential manner.
  • Proficient in Microsoft Office products. Advanced working knowledge of excel.
  • Thorough understanding of the loan processing and PREMIER systems.
  • Strong communication, organization and time management skills.
  • Occasionally be required to work earlier or later than the normal workday.

Total Rewards:
  • Competitive health, dental & vision coverage with HSA match
  • 401(k) with employer match + Employee Stock Purchase Plan
  • Generous PTO, paid holidays & parental leave
  • Tuition reimbursement & performance-based bonuses
  • Visit our Total Rewards page to see our full list of benefits

First Mid Bancshares, Inc. is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
Pay Range: $20.43 - $30.72 per hour

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