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Loan Processing Assistant Jobs (NOW HIRING)

The Loan Processing Coordinator will collaborate and work as a team with the branch location to ... Location/Administrative Support: Assist with general administrative duties to support the ...

Loan Processing Specialist

Tampa, FL ยท On-site

$45K - $66K/yr

Currently, we have a LOAN PROCESSING SPECIALIST opportunity with our large mortgage client, a ... Let one of our recruiters assist you in finding and preparing for interviews with our clients.

Collects loan applicant financial data, organizational and background information to assist ... Receives and processes loan payments and fees. * Monitors and reviews various reports for past dues ...

Loan Processing Team Lead

Asheville, NC ยท On-site

$17.75 - $23.75/hr

Provide guidance and expertise to other loan processors on standard mortgage lending concepts and practices. * Assist in conducting audits of loan officers, processors, and underwriters to identify ...

Loan Processing Team Lead

Asheville, NC ยท On-site

$17.75 - $23.75/hr

Provide guidance and expertise to other loan processors on standard mortgage lending concepts and practices. * Assist in conducting audits of loan officers, processors, and underwriters to identify ...

Loan Processing Team Lead

Asheville, NC ยท On-site

$17.75 - $23.75/hr

Provide guidance and expertise to other loan processors on standard mortgage lending concepts and practices. * Assist in conducting audits of loan officers, processors, and underwriters to identify ...

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Loan Processing Assistant information

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How much do loan processing assistant jobs pay per hour?

As of Jul 11, 2026, the average hourly pay for loan processing assistant in the United States is $19.31, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $20.43 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 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.

What is the role of a loan assistant?

A loan processing assistant supports the loan department by gathering and verifying borrower information, preparing loan documents, and ensuring compliance with lending policies. They often use loan origination software and need strong organizational skills to manage multiple applications efficiently.

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 lending assistant make?

A loan processing assistant typically earns between $35,000 and $50,000 annually, depending on experience, location, and employer size. Entry-level positions may start lower, while experienced assistants with specialized skills can earn higher salaries. The role often requires familiarity with loan software and strong attention to detail.

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. The exact earnings depend on the lender's compensation structure, the loan type, and the officer's experience and performance.

What do you need to be a loan assistant?

To be a loan processing assistant, candidates typically need a high school diploma or equivalent, strong organizational and communication skills, and familiarity with loan processing software or office tools. Some positions may require previous experience in banking or finance, and attention to detail is essential for verifying documents and data accuracy.
More about Loan Processing Assistant jobs
What cities are hiring for Loan Processing Assistant jobs? Cities with the most Loan Processing Assistant job openings:
What are the most commonly searched types of Loan Processing jobs? The most popular types of Loan Processing jobs are:
What states have the most Loan Processing Assistant jobs? States with the most job openings for Loan Processing Assistant jobs include:
Infographic showing various Loan Processing Assistant job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 21% Part Time, 1% Temporary, and 2% Contract. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $40,167 per year, or $19.3 per hour.
Loan Processing Coordinator

Loan Processing Coordinator

AgSouth Farm Credit

Fletcher, NC โ€ข On-site

Other

Medical, Dental, Vision, Life, Retirement, PTO

This job post hasย expired today.ย Applications are no longer accepted.


Job description


We are seeking a Loan Processing Coordinator to join our Farm Credit family! This position delivers outstanding service which exceeds customer expectations through processing pre-loan closing activities, creating and disbursing proceeds, completing file documentation, and ensuring procedures are followed to deliver loans with accurate and compliant legal documentation. The Loan Processing Coordinator will collaborate and work as a team with the branch location to meet the needs of the customer. This includes providing loan processing, operational backup support, and administrative assistance in the branch location.
Responsibilities:
  1. Lending Loan Processing Support: Support the sales/lending staff by preparing and verifying loan documents, commitment letters, loan disclosures, closing papers, loan treatments and other required time-sensitive information prior to loan closings. Communicate and act as liaison with third parties (attorneys, appraisers, insurance agents) and support the loan closing process in collaboration with loan officer.
  2. Customer Service Support: Ensure existing and potential customers receive prompt, courteous service, and provides general information as to policies and procedures.Ensure daily accounting activities including receipts and disbursements are handled properly, accurately, and timely. Complete system maintenance of customer or loan information as needed.
  3. Location/Administrative Support: Assist with general administrative duties to support the operations of the branch location. Ensure that internal controls are maintained in accordance with loan operations and accounting principles, policies, and procedures.

Requirements:
  • High school diploma
  • 0-3 years related work experience
  • Good knowledge of general office routine and use of office equipment, including phones, computers, copiers, and scanners
  • Ability to communicate effectively with team and branch contacts
  • Self-motivated with the ability and desire to learn and willingness to apply new procedures and concepts
  • Completes routine tasks accurately and timely
  • Effective, basic, and efficient computer/technical skills and use of Microsoft Office programs
  • Demonstrated organizational skills
  • Has robust follow-up system to ensure loan support administration and follow-up
  • Ability to communicate effectively with all levels of the organization
  • Ability to work independently and on a team with minimal instruction
  • Ability to travel overnight as needed for learning and development activities
Other Details:
AgSouth is an Equal Opportunity Employer, including veterans and individuals with disabilities.
Why AgSouth?
When you work here, you have an opportunity to make a difference for agriculture and rural communities. Part of the national Farm Credit System, we are an agricultural lending cooperative that provides loans for land, production agriculture, farm equipment, crop insurance, leasing, and home mortgages. Our $4 billion portfolio of customers and strong presence in local communities across North Carolina, South Carolina, and Georgia allow us to effectively serve our member-borrowers as the largest agricultural lender in the southeast.
At AgSouth, we value our employees and provide them room to grow both personally and professionally. If you're looking for more than just a job, consider joining the AgSouth family!
What can we offer you?
  • Competitive pay, with paid vacation, holidays and sick leave, as well as paid time off for volunteering
  • Corporate incentive plan with spot bonuses for top-notch work
  • Medical, dental and vision insurance, as well as life and disability insurance
  • Flexible spending and health savings accounts
  • Generous 401(k) matching contributions, as well as additional employer contributions
  • Reimbursement for approved higher education pursuits
  • A wellness program for employees, which includes resources for a healthier lifestyle
  • Corporate learning programs for professional development
  • Other perks, such as employee discounts on select cell phone providers, computers, etc.

About Us
ABOUT US
We are an Equal Employment/Affirmative Action employer, including veterans and individuals with disabilities. We do not discriminate in hiring on the basis of age, race, color, national origin, sex, sexual orientation, gender identity, pregnancy (including childbirth or related medical condition), religion, disability, protected veteran status, or any other characteristic protected by federal, state or local law.
If you need a reasonable accommodation for any part of the employment process, please contact us by email at AGSHR@agsouthfc.com or by phone at (912) 764-9091 and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address.
Why AgSouth?
When you work here, you have an opportunity to make a difference for agriculture and rural communities. Part of the national Farm Credit System, we are an agricultural lending cooperative that provides loans for land, production agriculture, farm equipment, crop insurance, leasing, and home mortgages. Our $4 billion portfolio of customers and strong presence in local communities across North Carolina, South Carolina, and Georgia allow us to effectively serve our member-borrowers as the largest agricultural lender in the southeast.
At AgSouth, we value our employees and provide them room to grow both personally and professionally. If you're looking for more than just a job, consider joining the AgSouth family!
What can we offer you?
โ€ข Competitive pay, with paid vacation, holidays and sick leave, as well as paid time off for volunteering.
โ€ข Corporate incentive plan with spot bonuses for top-notch work.
โ€ข Medical, dental and vision insurance, as well as life and disability insurance.
โ€ข Flexible spending and health savings accounts.
โ€ข Generous 401(k) matching contributions, as well as additional employer contributions.
โ€ข Reimbursement for approved higher education pursuits.
โ€ข A wellness program for employees, which includes resources for a healthier lifestyle.
โ€ข Corporate learning programs for professional development.
โ€ข Other perks, such as employee discounts on select cell phone providers, computers, etc.