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Loan Processing Assistant Jobs in Springfield, MO

OakStar Bank

Loan Code Specialist

Springfield, MO · On-site

$48K - $60K/yr

Research discrepancies between loan documentation and system records, coordinating with lenders, loan assistants, processors, and loan operations staff to resolve issues. Maintain accurate records ...

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Loan Processing Assistant information

See Springfield, MO salary details

$12

$17

$26

How much do loan processing assistant jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for loan processing assistant in Springfield, MO is $17.57, according to ZipRecruiter salary data. Most workers in this role earn between $15.29 and $18.61 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 Springfield, MO? The most popular types of Loan Processing jobs in Springfield, MO are:
What are popular job titles related to Loan Processing Assistant jobs in Springfield, MO? For Loan Processing Assistant jobs in Springfield, MO, the most frequently searched job titles are:
What job categories do people searching Loan Processing Assistant jobs in Springfield, MO look for? The top searched job categories for Loan Processing Assistant jobs in Springfield, MO are:
What cities near Springfield, MO are hiring for Loan Processing Assistant jobs? Cities near Springfield, MO with the most Loan Processing Assistant job openings:
Loan Processing Assistant jobs near you
Infographic showing various Loan Processing Assistant job openings in Springfield, MO as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 25% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $36,537 per year, or $17.6 per hour.

Commercial Loan Booking Specialist

Central Bancompany

Springfield, MO • On-site

$48K - $61K/yr

Full-time

Posted 17 days ago

Job description

POSITION SUMMARY
The Loan Booking Specialist provides operational support for commercial and overdraft loans by reviewing, processing, and maintaining loan records to ensure accuracy and regulatory compliance. This role serves internal and external customers by responding to loan-related inquiries, performing quality control reviews, reconciling loan activity, and supporting the overall efficiency of the Loan Operations department.
ESSENTIAL DUTIES AND ACCOUNTABILITIES
  • Review, quality control, and book new commercial and overdraft loans, as well as extensions and maintenance requests.
  • Process loan advances, payments, pay-downs, payoffs, and other servicing transactions accurately and timely.
  • Balance and reconcile the Commercial Loan Unprocessed General Ledger daily.
  • Complete required SBA reporting and submit loan-related reports within established deadlines.
  • Respond to inquiries from customers, loan officers, loan assistants, and associates regarding loan account information and booking status.
  • Monitor completed loan maintenance for accuracy and resolve discrepancies when identified.
  • Provide backup support to Loan Processing and other designated areas of Loan Operations as needed.
  • Maintain procedures, records, and documentation in accordance with bank policies and regulatory requirements.
  • Perform other duties as assigned or as needed.
  • Comply with all applicable banking regulations, including Bank Secrecy Act requirements and information security standards.

CORE QUALIFICATIONS, EDUCATION AND EXPERIENCE
  • High school diploma or equivalent required.
  • Two years of general office experience preferred; an Associate degree in Administrative Office Systems or a related field may be considered in lieu of experience.
  • Previous banking experience preferred.
  • Strong attention to detail and accuracy.
  • Working knowledge of Microsoft Office applications, including Word, Excel, and Outlook.
  • Strong organizational, communication, customer service, and problem-solving skills.
  • Ability to maintain confidentiality and effectively prioritize multiple responsibilities.

PHYSICAL DEMANDS AND WORKING CONDITIONS
This role works in a standard office environment and involves extended periods at a computer, regular communication in person and by phone, and occasional lifting of items up to 25 pounds. Central Bancompany will provide reasonable accommodations to enable individuals with disabilities to perform the essential functions of this position. The position requires regular sitting, standing, walking, speaking, hearing, and use of office equipment.
ADDITIONAL REQUIREMENTS
Regular and reliable attendance and punctuality are required for this position. Must be able to perform the essential functions of this position with or without reasonable accommodation.
ESSENTIAL DUTIES AND ACCOUNTABILITIES
  • Review, quality control, and book new commercial and overdraft loans, as well as extensions and maintenance requests.
  • Process loan advances, payments, pay-downs, payoffs, and other servicing transactions accurately and timely.
  • Balance and reconcile the Commercial Loan Unprocessed General Ledger daily.
  • Complete required SBA reporting and submit loan-related reports within established deadlines.
  • Respond to inquiries from customers, loan officers, loan assistants, and associates regarding loan account information and booking status.
  • Monitor completed loan maintenance for accuracy and resolve discrepancies when identified.
  • Provide backup support to Loan Processing and other designated areas of Loan Operations as needed.
  • Maintain procedures, records, and documentation in accordance with bank policies and regulatory requirements.
  • Perform other duties as assigned or as needed.
  • Comply with all applicable banking regulations, including Bank Secrecy Act requirements and information security standards.

CORE QUALIFICATIONS, EDUCATION AND EXPERIENCE
  • High school diploma or equivalent required.
  • Two years of general office experience preferred; an Associate degree in Administrative Office Systems or a related field may be considered in lieu of experience.
  • Previous banking experience preferred.
  • Strong attention to detail and accuracy.
  • Working knowledge of Microsoft Office applications, including Word, Excel, and Outlook.
  • Strong organizational, communication, customer service, and problem-solving skills.
  • Ability to maintain confidentiality and effectively prioritize multiple responsibilities.

PHYSICAL DEMANDS AND WORKING CONDITIONS
This role works in a standard office environment and involves extended periods at a computer, regular communication in person and by phone, and occasional lifting of items up to 25 pounds. Central Bancompany will provide reasonable accommodations to enable individuals with disabilities to perform the essential functions of this position. The position requires regular sitting, standing, walking, speaking, hearing, and use of office equipment.

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