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Loan Processing Intern Jobs (NOW HIRING)

As a Branch Ops Intern you will have the opportunity to learn the daily functions and operations of ... loan process and all necessary regulatory training. * Assist in daily production of loan ...

As a Branch Ops Intern you will have the opportunity to learn the daily functions and operations of ... loan process and all necessary regulatory training. * Assist in daily production of loan ...

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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.
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Infographic showing various Loan Processing Intern job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 14% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution.

Business Advisor Support Intern (Mandarin Chinese Speaker)

Asian Americans for Equality

Flushing, NY • On-site

Full-time, Part-time, Internship

Re-posted 15 days ago


Job description

Internship Opportunity Position Summary
Renaissance Economic Development Corporation (REDC), a nonprofit Community Development Financial Institution (CDFI), is seeking a motivated and detail-oriented Business Advisor Support Intern to assist our Business Advisor team in serving small businesses throughout NYC.
This internship is an excellent opportunity for students or early-career professionals interested in small business development, community economic empowerment, and access-to-capital work. The intern will gain hands-on exposure to business counseling, loan application support, and community engagement while learning how a CDFI supports diverse low-to-moderate income businesses.
Key Responsibilities (Support Role)
  • Participate in outreach activities throughout NYC , including events, tabling, and community partner engagement.
  • Provide translation/interpretation (Mandarin Chinese ↔ English) during client meetings and workshops, as needed.
  • Assist Business Advisors with client intake, scheduling, and follow-ups.
  • Support preparation of loan application packages by gathering documentation, organizing files, and ensuring completeness.
  • Help maintain accurate client records in Salesforce and assist with data entry/reporting.
  • Help develop and distribute workshop and marketing materials on topics such as financial literacy, digital marketing, and business planning.
  • Conduct basic market research and collect community resource information to strengthen REDC's services.
  • Shadow Business Advisors to gain hands-on learning in counseling, small business operations, and loan processing.

What We're Looking For
  • Current student or recent graduate (Business, Finance, Economics, Public Administration, or related field preferred).
  • Interest in economic development, community impact, entrepreneurship, and small business finance.
  • Strong organizational and communication skills; detail oriented.
  • Comfortable with Microsoft Office/Google Suite; Salesforce or CRM experience a plus (training provided).
  • Ability to work independently and as part of a mission-driven team.
  • Commitment to supporting diverse low-to-moderate-income communities.
  • Willingness and ability to work in-person in Flushing and occasionally travel to other NYC boroughs.
  • Fluent in Mandarin Chinese (spoken and written) - required

What You'll Gain
  • Hands-on experience working in a mission-driven nonprofit CDFI.
  • Exposure to small business counseling, lending processes, and financial education.
  • Opportunity to strengthen bilingual professional communication skills.
  • Networking with local entrepreneurs, community leaders, and finance professionals.
  • Professional mentorship and potential pathways for future employment in business advising, community development, or economic inclusion.

Internship Details
  • Schedule: Flexible; part-time (10-15 hours per week) during the semester; full-time option in summer.
  • Compensation: Paid internship (hourly rate, commensurate with experience).
  • Location: On-site in NYC area

How We Work:
At Renaissance, we are committed to serving the communities we support with dedication and excellence. We are a results-driven organization focused on empowerment and impact. Our employees are accountable, pragmatic, innovative, and collaborative, with a strong commitment to community service and development. We embrace strategic thinking and a commitment to treating each other and the communities we serve with respect and dignity. We have an aptitude for technology and a strong desire to continuously learn. This philosophy expands to the way we manage our work and the way we put our best foot forward. Expectations for all staff:
  • Support efforts that ensure a safe and healthy work environment.
  • Appreciates the value of working collaboratively with individuals who bring a wide range of perspectives, experiences, and ways of thinking.
  • An understanding of how systems and structures can affect people's opportunities and experiences in different settings.
  • Maintain a positive, helpful attitude.
  • Enjoy your time at work!

Who We Are:
Renaissance's mission is to transform low-to-moderate income (LMI) communities and under-resourced entrepreneurs in our target markets by providing affordable small business loans, training, and counseling services. We serve the New York Metro Area, including New York City, Long Island, the Mid-Hudson Valley, and New Jersey.
We are US Treasury certified Community Development Financial Institution (CDFI), Small Business Administration (SBA) Intermediary Microlender, and SBA Community Advantage (7a) lender.