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Loan Processing Intern Jobs in Indiana (NOW HIRING)

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Loan Processing Intern information

What are the key skills and qualifications needed to thrive as a Loan Processing Intern, and why are they important?

To thrive as a Loan Processing Intern, you need a basic understanding of financial principles, attention to detail, and coursework or experience in finance, business, or a related field. Familiarity with loan origination software, Microsoft Office Suite, and document management systems is often expected. Strong organizational skills, effective communication, and the ability to work collaboratively help set candidates apart. These abilities are crucial for ensuring accurate loan documentation, supporting timely processing, and maintaining compliance in a fast-paced financial environment.

What does a Loan Processing Intern do?

A Loan Processing Intern assists loan officers and processors with gathering, organizing, and verifying financial documents from loan applicants. Their tasks may include data entry, reviewing application forms for completeness, and communicating with clients to request missing information. They also learn about industry regulations and the steps required to process different types of loans. This role provides valuable exposure to the lending process and helps interns develop skills for a career in finance or banking.

What are some typical challenges a Loan Processing Intern might encounter, and how can they be addressed?

Loan Processing Interns often face the challenge of managing multiple loan files simultaneously while ensuring accuracy and compliance with regulations. Staying organized and developing strong attention to detail is key to avoiding errors in documentation and meeting tight deadlines. Interns may also need to quickly learn industry-specific software and adapt to evolving processes. Seeking guidance from experienced team members and proactively communicating with loan officers can help interns overcome these challenges and build confidence in their role.
What are the most commonly searched types of Loan Processing jobs in Indiana? The most popular types of Loan Processing jobs in Indiana are:
What are popular job titles related to Loan Processing Intern jobs in Indiana? For Loan Processing Intern jobs in Indiana, the most frequently searched job titles are:
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What cities in Indiana are hiring for Loan Processing Intern jobs? Cities in Indiana with the most Loan Processing Intern job openings:
Loan Processing Intern jobs near you

Mortgage Loan Assistant

First Baptist Church of Alamance

New Albany, IN

Full-time

Posted 19 days ago

Job description

We do the right things, right now.  We do them in a way that is relevant to our clients.  Become a part of our history as it continues to be written! 
If you are interested and qualified for this role, we invite you to apply.

Assist Mortgage Loan Officer in obtaining required documentation from the borrowers and other staff to assure loans are closed in a timely manner meeting customer expectations. Assure documentation meets all regulatory and agency guidelines. Work with the Mortgage Loan Officer in marketing First Financial Bank to increase productivity.

Essential Functions/Responsibilities

  • Assist the Loan Officer in obtaining documentation from customers
  • Act as an interface between Loan Officer and Operations to obtain required documentation
  • Work with Encompass, Blend, Xperience and other systems as needed
  • Interface with customer as needed
  • Assist the Loan Officer in marketing efforts
  • All other duties as assigned.

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job

  • Minimum of 1 year experience as a Mortgage Loan Processor OR Mortgage Loan Officer
  • High School Diploma or general education degree (GED); or one to three months related experience and/or training; or equivalent combination of education and experience.

Preferred Knowledge and Skills

Bilingual (Spanish) preferred

Level of Complexity and Scope

Degree of Independence and Decision-Making

Required Supervisory Responsibilities

Physical Requirements

  • Occasionally lifts and carries up to 20 lbs.
  • Frequently lifts and carries up to 10 lbs.
  • Occasionally drives.
  • Frequently sits, stands and walks.

Compliance Statement

The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

Development and Training

Pay Range

This position pays at least the applicable state minimum wage plus commission opportunities based on performance

Benefits

We have relevant, thoughtful benefits and programs that support every aspect of our associates' holistic wellbeing. Please review our Benefits Guide.

Incentive Eligibility

All roles are incentive eligible with the exception of Co-Op, Intern, or Student positions.

It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.

We are an E-Verify Employer.

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