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Loan Processing Assistant Jobs in Bountiful, UT (NOW HIRING)

Loan Assistant

Salt Lake City, UT · On-site

$36K - $45K/yr

Role: To assist in facilitating the loan process by interacting with customers, lending partners, and the bank loan team in an efficient, professional, and helpful manner. Essential Functions:

Loan Assistant

Murray, UT · On-site

$35K - $43K/yr

Role: To assist in facilitating the loan process by interacting with customers, lending partners, and the bank loan team in an efficient, professional, and helpful manner. Essential Functions:

Loan Assistant

Salt Lake City, UT · On-site

$36K - $45K/yr

Role: To assist in facilitating the loan process by interacting with customers, lending partners, and the bank loan team in an efficient, professional, and helpful manner. Essential Functions:

Mortgage Loan Processor 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!

Mortgage Loan Processor 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!

Mortgage Loan ProcessorAre 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!

Mortgage Loan ProcessorAre 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!

Loan Production Partner

Riverton, UT · On-site

$36K - $44K/yr

... them throughout the loan process. Jobseekers should be organized, detail-oriented professionals driven to succeed in their role. If you're interested in joining a team that empowers employees ...

Loan Production Partner

Riverton, UT · On-site

$36K - $44K/yr

... them throughout the loan process. Jobseekers should be organized, detail-oriented professionals driven to succeed in their role. If you're interested in joining a team that empowers employees ...

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Loan Processing Assistant information

See Bountiful, UT salary details

$12

$18

$27

How much do loan processing assistant jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for loan processing assistant in Bountiful, UT is $18.20, according to ZipRecruiter salary data. Most workers in this role earn between $15.87 and $19.28 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 cities near Bountiful, UT are hiring for Loan Processing Assistant jobs?

Cities near Bountiful, UT with the most Loan Processing Assistant job openings:

Infographic showing various Loan Processing Assistant job openings in Bountiful, UT as of June 2026, with employment types broken down into 1% As Needed, 59% Full Time, 37% Part Time, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $37,864 per year, or $18.2 per hour.

$36K - $49K/yr

Full-time

Re-posted 24 days ago


Job description

Description
Loan Officer Assistant (Broker)
Join our dynamic team as a Loan Officer Assistant, where you will play a vital role in supporting the loan origination and processing functions within our financial services department. This energetic position offers an exciting opportunity to collaborate with loan officers, assist clients, and ensure smooth loan transactions. Your proactive approach and attention to detail will help facilitate efficient mortgage and loan processes, ensuring compliance with industry regulations such as TILA (Truth in Lending Act) and Fair Housing laws. If you thrive in a fast-paced environment and are passionate about delivering exceptional customer service, this role is perfect for you!
This role offers an engaging environment where your expertise in loan processing, credit analysis, and customer service will directly impact clients' homeownership journeys. We are committed to fostering a supportive workplace that values your growth while providing opportunities to develop your skills in a thriving financial services setting.
Responsibilities
• Assist loan officers with the preparation, review, and processing of loan applications and documentation
• Conduct credit analysis and basic math calculations to support underwriting decisions
• Manage loan files using financial software such as Quicken or other banking systems, ensuring accuracy and completeness
• Coordinate with clients to gather necessary financial documents, including income verification, escrow details, and contracts
• Support loan servicing activities by monitoring loan status updates and ensuring compliance with FNMA (Fannie Mae) guidelines
• Facilitate communication between borrowers, escrow companies, and underwriters to streamline the loan process
• Maintain detailed records of all transactions, including TILA disclosures and contracts, adhering to regulatory standards
Qualifications
Skills
• Proven experience in financial sales and customer service within the mortgage or banking industry
• Strong negotiation skills to effectively assist clients and support sales initiatives
• Familiarity with FNMA guidelines, mortgage servicing, underwriting procedures, and escrow processes
• Proficiency in financial software such as Quicken, accounting software, and other banking tools
• Knowledge of TILA regulations, fair housing laws, and mortgage contracts to ensure compliance
• Ability to perform basic math calculations accurately using 10-key typing skills and math fundamentals
• Excellent communication skills to explain complex financial concepts clearly and professionally