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Loan Processing Assistant Jobs in Spring Valley, NY

Opulence Funding LLC

Reverse Mortgage Loan Processor

Nyack, NY · Remote

$40K - $56K/yr

Ensure files meet lender, investor, and compliance guidelines * * Assist in resolving loan conditions and processing-related issues on time * Qualifications: * Previous mortgage processing experience ...

Jet Direct Mortgage

Loan Officer Assistant

Montvale, NJ · On-site

$39K - $53K/yr

Jet Direct Mortgage is looking for experienced and ambitious Loan Officer Assistant's to join our ... Gather files for a weekly pipeline review with mortgage processor and provide status on each file.

Jet Direct Mortgage

Loan Officer Assistant

Montvale, NJ · On-site

$39K - $53K/yr

Jet Direct Mortgage is looking for experienced and ambitious Loan Officer Assistant's to join our ... processor and provide status on each file. · Contact customers regarding required loan ...

Jet Direct Mortgage

Loan Officer Assistant

Montvale, NJ · On-site

$39K - $53K/yr

Jet Direct Mortgage is looking for experienced and ambitious Loan Officer Assistant's to join our ... processor and provide status on each file. • Contact customers regarding required loan ...

Looma Lending

Senior Loan Officer

Stamford, CT · On-site

$150K/yr

... * Assist borrowers in selecting loan programs that best fit their financial goals and needs ... Ensure all phases of the loan process are performed in accordance with regulatory and company ...

Kearny Bank

Community Lending Officer

Fairfield, NJ · On-site

... * Assist loan applicant in completing application and necessary disclosures. * Complete loan application and pre-processing functions in a timely manner; prepare for review initial disclosure ...

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All JobsLoan Processing JobsLoan Processing Assistant JobsLoan Processing Assistant Jobs in Spring Valley, NY

Loan Processing Assistant information

See Spring Valley, NY salary details

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How much do loan processing assistant jobs pay per hour?

As of Sep 8, 2026, the average hourly pay for loan processing assistant in Spring Valley, NY is $19.57, according to ZipRecruiter salary data. Most workers in this role earn between $17.07 and $20.72 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 popular job titles related to Loan Processing Assistant jobs in Spring Valley, NY?

For Loan Processing Assistant jobs in Spring Valley, NY, the most frequently searched job titles are:

What cities near Spring Valley, NY are hiring for Loan Processing Assistant jobs?

Cities near Spring Valley, NY with the most Loan Processing Assistant job openings:

Loan Processing Assistant jobs near you
Infographic showing various Loan Processing Assistant job openings in Spring Valley, NY as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, 1% Temporary, and 3% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $40,702 per year, or $19.6 per hour.

Reverse Mortgage Loan Processor

Opulence Funding LLC

New Rochelle, NY • Remote

$40K - $56K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 4 days ago

Job description

Benefits:
  • 401(k)
  • 401(k) matching
  • Health insurance
  • Vision insurance

Opulence Home Equity is seeking an experienced and detail-oriented Reverse Mortgage Processor to join our growing team. This role is ideal for a mortgage professional who thrives in a fast-paced environment, has strong communication skills, and understands the unique process of reverse mortgage lending.
At Opulence Home Equity, we combine innovative technology with a collaborative, team-oriented environment to deliver exceptional service to our clients while modernizing the mortgage experience.
Responsibilities:
  • Process reverse mortgage loan files from application through closing

  • Review and organize borrower documentation to ensure complete and accurate loan files

  • Prepare and distribute required disclosures in compliance with regulatory timelines

  • Communicate directly with borrowers, loan officers, title companies, and third parties to obtain required documentation and clear conditions

  • Monitor loan milestones and maintain accurate pipeline updates

  • Ensure files meet lender, investor, and compliance guidelines

  • Assist in resolving loan conditions and processing-related issues on time

Qualifications:
  • Previous mortgage processing experience required

  • Reverse mortgage / HECM processing experience strongly preferred

  • Strong understanding of mortgage documentation, disclosures, and compliance timelines

  • Excellent communication and borrower relationship skills

  • Ability to multitask and manage deadlines in a high-volume environment

  • Strong attention to detail and organizational skills

  • Experience with mortgage LOS and CRM systems preferred

What We Offer:
  • Competitive compensation based on experience

  • Medical, dental, and vision insurance

  • Paid holidays and PTO

  • 401(k) opportunities

  • Hybrid flexibility

  • In-house training and career growth opportunities

  • Supportive, technology-driven work environment

Location: Ramsey, NJ

This is a remote position.