1

Loan Processing Intern Jobs in Iowa (NOW HIRING)

Loan Processing Intern information

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 skills and qualifications are needed to be a loan processing intern?

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 challenges might a loan processing intern 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.

Is loan processing intern a hard job?

A loan processing intern typically performs administrative tasks such as reviewing documents, verifying information, and using loan processing software. The job can be challenging due to attention to detail and understanding financial procedures, but it is generally considered an entry-level position suitable for those willing to learn and develop relevant skills. The difficulty level depends on the complexity of the loans and the intern's familiarity with financial processes.

What are the most commonly searched types of Loan Processing jobs in Iowa?

The most popular types of Loan Processing jobs in Iowa are:

What are popular job titles related to Loan Processing Intern jobs in Iowa?

For Loan Processing Intern jobs in Iowa, the most frequently searched job titles are:

What cities in Iowa are hiring for Loan Processing Intern jobs?

Cities in Iowa with the most Loan Processing Intern job openings:

Internships - Full Time - Real Assets - Aegon AM (Jan. - Aug. 2027)

Aegon Asset Management

Cedar Rapids, IA • On-site

$20/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 16 days ago


Job description

Job Description Summary
Aegon Asset Management (Aegon AM) is a leading global investor. Our 350 investment professionals manage and advise on assets of US $384 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.
We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas.
We are an international business: Our 1,125 employees work from 14 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.
Internship Overview:
We are hiring as many as five (5) interns for a real estate internship, with the interns working out of either our Cedar Rapids, IA or Chicago, IL office and under a hybrid work model (combination of in-office and from home). Three (3) interns will work in the Real Assets Debt group and two (2) interns will work in the Real Assets Equity group. The internship requires a full time, 40-hour work week. The internship will begin in January 2027 and end in early to mid August 2027.
PLEASE NOTE: Those who have completed their undergraduate college education, or who will graduate prior to the conclusion of the internship, are ineligible for the internships.
Job Description
Responsibilities:
REAL ASSETS DEBT:
The Intern will assist Loan Officers in the CML production department with the deployment of approximately $2 billion of capital into commercial real estate loans across the country. Tasks include valuation of commercial properties using a discounted cash flow analysis, market analysis, preparation of loan applications, and preparation of materials for loan committee presentations. Committee presentations include the identification of property and market risks and their mitigating factors, a summary of loan terms, location analysis, demographic information, photos, and aerials. Interns are also asked to participate in meetings and conference calls to communicate loan terms, negotiate applications, discuss market and borrower topics, and to observe Loan Committee presentations.
The Intern will assist Debt Asset Managers in the Real Assets Asset Management department in all facets of activities associated with special borrower requests and troubled loans. Tasks include the development of servicing action memos, lease reviews, development and implementation of loan workout strategies, discounted cash flow analysis, and numerous other activities necessary to properly manage a loan asset throughout its life cycle. In addition, they will assist in maintaining current information on loan management system and assist with the processing of annual property inspection reports, assist tax analysts by pulling tax bills for portfolio loans and assist valuation analysts in pulling and tracking borrower and property data.
REAL ASSETS EQUITY:
Support Asset Managers, Portfolio Managers, and Real Estate Analysts in managing a $4.5 billion low-income housing portfolio with projects located across the country. Tasks include analyzing and reviewing quarterly and annual financial statements, reviewing partnership and loan documents, consolidating data on new investments, preparing site inspection forms, and participating in discussions with developer partners on construction, leasing, and/or operational performance. Additional responsibilities include assisting the portfolio management team with investor due diligence and general portfolio management, supporting the reporting team by ensuring the accuracy of data in management systems and producing investor reporting, and participating in meetings to review investment opportunities, discuss approaches to manage risk, and develop strategies to manage investments.
Required Qualifications:
  • Must be currently enrolled full-time at a college or university pursuing a degree in Real Estate, Finance, Economics, Accounting, or similar field.
  • Internships are not available for students who have completed their undergraduate college education or who will graduate prior to the conclusion of the internship.
  • Strong written & verbal communications skills.
  • Ability to work independently and as part of a team.
  • Detail-oriented.
  • Reliable, dependable.
  • Working knowledge of Microsoft Word, PowerPoint, Excel.

Compensation:
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
The hourly wage for this internship is $20 per hour.
What We Offer:
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Benefits Package:
  • Pension Plan.
  • 401k Match.
  • Employee Stock Purchase Plan.
  • Tuition Reimbursement.
  • Disability Insurance.
  • Medical Insurance.
  • Dental Insurance.
  • Vision Insurance.
  • Employee Discounts.
  • Career Training & Development Opportunities.

Health and Work / Life Balance Benefits:
  • Paid Time Off starting at 160 hours annually for employees in their first year of service.
  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars.
  • Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
  • Adoption Assistance.
  • Employee Assistance Program.
  • College Coach Program.
  • Back-Up Care Program.
  • PTO for Volunteer Hours.
  • Employee Matching Gifts Program.
  • Employee Resource Groups.
  • Inclusion and Diversity Programs.
  • Employee Recognition Program.
  • Referral Bonus Programs.

Job and compensation levels depend upon an applicant's qualifications including the extent of his/her relevant experience and other job related factors and will be determined by hiring supervisors/managers and HR.
At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm - we are a people business, and we recognize that delivering excellent client outcomes comes from harnessing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.
#LI-Hybrid
Why Work for Us
At Aegon Asset Management, we invest in You.
Our people are our greatest asset; with a competitive rewards program including incentive compensation, health and wellness benefits, retirement programs, and learning and development opportunities, our employees are engaged and empowered. Come be a part of driving our success!
Equal Opportunity Employer:
AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Aegon Companies. Please contact: applicantsupport@aegonusa.com if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.
Technical Assistance:
If you experience technical problems during the application process, please email applicantsupport@aegonusa.com.