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Loan Processing Assistant Jobs in Riverside, CA (NOW HIRING)

Triad Financial

Loan Processor

Anaheim, CA

$19.75 - $26.25/hr

... processing loan files from application to closing. Having successfully completed training and a ... assistant role. * Understanding of various loan products, including conventional loans, FHA, VA ...

Triad Financial Services Inc

Loan Processor

Anaheim, CA · On-site

$19.75 - $26.25/hr

... processing loan files from application to closing. Having successfully completed training and a ... assistant role. * Understanding of various loan products, including conventional loans, FHA, VA ...

Triad Financial Services, Inc.

Loan Processor

Anaheim, CA

$19.75 - $26.25/hr

... processing loan files from application to closing. Having successfully completed training and a ... assistant role. * Understanding of various loan products, including conventional loans, FHA, VA ...

Button Finance, Inc

Be Seen First

Senior Loan Officer

Santa Ana, CA · On-site

$125K - $350K/yr

Sales: 1 year (Preferred) Responsibilities : * Assist clients in understanding their mortgage ... Process loan applications efficiently while adhering to TILA regulations and Fair Housing ...

Button Finance, Inc

Be Seen First

Licensed Mortgage Loan Officer

Santa Ana, CA · On-site

$125K - $350K/yr

Sales: 1 year (Preferred) Responsibilities : * Assist clients in understanding their mortgage ... Process loan applications efficiently while adhering to TILA regulations and Fair Housing ...

Button Finance, Inc

Be Seen First

Licensed Mortgage Loan Officer

Irvine, CA · On-site

$125K - $350K/yr

Sales: 1 year (Preferred) Responsibilities : * Assist clients in understanding their mortgage ... Process loan applications efficiently while adhering to TILA regulations and Fair Housing ...

LendPro Mortgage

Junior Loan Processor

North Tustin, CA · On-site

$41K - $55K/yr

Submit loan files to underwriting and assist with clearing underwriting conditions * Maintain ... process Qualifications * 2+ years of mortgage industry experience preferred * Familiarity with ...

Schoolsfirstfcu

Consumer Loan Processor

Riverside, CA

$19.75 - $24.75/hr

When requested, takes additional loan applications and may assist with consumer loan application ... Processes incoming dispatches and responds to dealer messages. Additional Job Functions * Performs ...

Schoolsfirstfcu

Consumer Loan Processor

Tustin, CA

$20 - $25/hr

When requested, takes additional loan applications and may assist with consumer loan application ... Processes incoming dispatches and responds to dealer messages. Additional Job Functions * Performs ...

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All JobsLoan Processing Assistant JobsLoan Processing Assistant Jobs in Riverside, CA

Loan Processing Assistant information

See Riverside, CA salary details

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How much do loan processing assistant jobs pay per hour?

As of Jun 12, 2026, the average hourly pay for loan processing assistant in Riverside, CA is $20.15, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $21.30 per hour, depending on experience, location, and employer.

What does a loan processing assistant do?

A loan processing assistant supports the loan approval process by collecting and verifying borrower documentation, inputting data into loan systems, and ensuring all required information is complete. They often work closely with loan officers and underwriters, using software tools to track application progress and maintain accurate records. Attention to detail and knowledge of lending policies are essential for this role.

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, and why are they important?

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.

How much do processors get paid?

Loan processing assistants typically earn between $15 and $25 per hour, depending on experience, location, and the employer. Entry-level roles may start at the lower end, while experienced processors or those in high-demand areas can earn higher wages, often with opportunities for overtime and bonuses.

How to become a loan assistant?

To become a loan processing assistant, candidates typically need a high school diploma or equivalent, strong organizational and communication skills, and familiarity with loan processing software. Some employers may prefer candidates with experience in banking or finance and may require background checks or certifications such as loan processing or banking courses.

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.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary and bonuses, depending on the employer and location. The specific earnings depend on the lender's policies and the loan's terms.
What are the most commonly searched types of Loan Processing jobs in Riverside, CA? The most popular types of Loan Processing jobs in Riverside, CA are:
What are popular job titles related to Loan Processing Assistant jobs in Riverside, CA? For Loan Processing Assistant jobs in Riverside, CA, the most frequently searched job titles are:
What job categories do people searching Loan Processing Assistant jobs in Riverside, CA look for? The top searched job categories for Loan Processing Assistant jobs in Riverside, CA are:
What cities near Riverside, CA are hiring for Loan Processing Assistant jobs? Cities near Riverside, CA with the most Loan Processing Assistant job openings:
Loan Processing Assistant jobs near you
Infographic showing various Loan Processing Assistant job openings in Riverside, CA as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $41,905 per year, or $20.1 per hour.
Loan Processor

Loan Processor

Triad Financial

Anaheim, CA

$19.75 - $26.25/hr

Other

Posted 24 days ago

Job description

Loan Processor

As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible for efficiently processing loan files from application to closing. Having successfully completed training and a probationary period as a Trainee, you will utilize your expertise to collect and review borrower documents, communicate with customers, and collaborate closely with Loan Officers and Underwriters to ensure timely and accurate processing of loan applications.

Key Responsibilities:
  • Collect and review borrower documents, including income verification, credit reports, and property information, to ensure completeness and accuracy.
  • Process loan files in compliance with company policies, regulatory guidelines, and investor requirements.
  • Communicate with customers to request additional documents or information, provide status updates, and address inquiries throughout the loan process.
  • Work closely with Loan Officers and Underwriters to resolve issues, address conditions, and clear loan file for approval.
  • Maintain detailed and organized loan files, ensuring all documentation is properly documented and stored.
  • Verify data accuracy in loan origination system and other relevant software platforms.
  • Coordinate with third-party vendors, such as appraisers and title companies, to facilitate loan transactions.
  • Adhere to established timelines and service level agreements to meet closing deadlines.
  • Provide exceptional customer service, ensuring a positive experience for borrowers throughout the loan process.
Minimum Qualifications:
  • High school diploma or equivalent is mandatory; a college degree in finance or banking is preferred.
  • Previous experience of 2-3 years in a professional office setting is required, ideally in an administrative or mortgage assistant role.
  • Understanding of various loan products, including conventional loans, FHA, VA, adjustable/fixed-rate mortgages, etc., is essential.
  • Highly driven and goal-oriented, with exceptional customer service and communication capabilities.
  • Comfortable working in a dynamic, fast-paced environment.
  • Skilled in managing a loan pipeline and associated tasks to meet designated turn times effectively.
  • Proficient in Microsoft Office suite; capable of swiftly acquiring proficiency in the company's proprietary mortgage software products.
Physical Demands:
  • Capable of safely and proficiently performing essential job functions as per ADA, FMLA, and other relevant standards, meeting productivity criteria.
  • Maintain consistent, punctual attendance in compliance with ADA, FMLA, and other regulations.
  • Clear and articulate communication skills on the telephone.
  • Ability to sit at a workstation for extended periods.
  • Proficient in physical typing.

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