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Loan Processing Officer Jobs (NOW HIRING)

Teams Squared

Loan Processing Officer (AU)

Loan Processing Officer This is a remote position. We are seeking an experienced Loan Processing Officer with a strong background in residential and commercial mortgage lending to support an ...

First Business Bank

Loan Processing Associate

Madison, WI · Hybrid

$19 - $25.25/hr

The Commercial Loan Processor monitors and follows up on monthly tickler reports and loan-related ... Prepare loan documents as requested for loan officers, as assigned. * Review loan documents for ...

First Business Bank

Loan Processing Associate

Madison, WI · Hybrid

$19 - $25.25/hr

The Commercial Loan Processor monitors and follows up on monthly tickler reports and loan-related ... Prepare loan documents as requested for loan officers, as assigned. * Review loan documents for ...

First Business Bank

Loan Processing Associate

Madison, WI · Hybrid

$19 - $25.25/hr

The Commercial Loan Processor monitors and follows up on monthly tickler reports and loan-related ... Prepare loan documents as requested for loan officers, as assigned. * Review loan documents for ...

First Business Bank

Loan Processing Associate

Madison, WI · On-site +1

$19 - $25.25/hr

The Commercial Loan Processor monitors and follows up on monthly tickler reports and loan-related ... Prepare loan documents as requested for loan officers, as assigned. * Review loan documents for ...

Guild Mortgage

Loan Processing Supervisor

Roseville, CA · On-site

$67K - $100K/yr

Position Summary Loan processing supervisor monitors the pipeline and metrics for a branch or ... Ability to build strong relationships with loan officers, production, underwriting, closing and ...

First Business Bank

Loan Processing Associate

Madison, WI · On-site

$19 - $25.25/hr

The Commercial Loan Processor monitors and follows up on monthly tickler reports and loan-related ... Prepare loan documents as requested for loan officers, as assigned. * Review loan documents for ...

Guild

Loan Processing Supervisor

Roseville, CA · On-site

$32.27 - $48.40/hr

Position Summary Loan processing supervisor monitors the pipeline and metrics for a branch or ... Ability to build strong relationships with loan officers, production, underwriting, closing and ...

Swbc

Loan Processing Specialist

Dallas, TX · On-site

Our Loan Processing Specialists put the "T" in teamwork, by helping to prepare and process mortgage ... Good interpersonal skills to work well with loan officers and customers. * Excellent verbal and ...

New

HomeTrust Bank

Loan Processing Team Lead

Greenville, SC · On-site

$16.50 - $22/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 ...

New

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All JobsLoan Processing Officer Jobs

Loan Processing Officer information

See salary details

$22.5K

$70.3K

$126.5K

How much do loan processing officer jobs pay per year?

As of Jun 27, 2026, the average yearly pay for loan processing officer in the United States is $70,335.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,000.00 and $90,000.00 per year, depending on experience, location, and employer.

What kind of loan officer makes the most money?

Senior loan officers with extensive experience, specialized knowledge, and strong client networks tend to earn the highest salaries. Those working in commercial or mortgage lending, especially in high-value transactions, often have higher earning potential. Advanced certifications and a proven track record can also contribute to increased income for loan officers.

Will MLO be replaced by AI?

A Loan Processing Officer (LPO) performs tasks such as reviewing loan applications, verifying documents, and communicating with clients, which require judgment and interpersonal skills. While AI can automate certain repetitive tasks like data entry and initial document analysis, human oversight remains essential for complex decision-making and customer interactions in loan processing roles.

What is the difference between Loan Processing Officer vs Loan Underwriter?

AspectLoan Processing OfficerLoan Underwriter
CredentialsHigh school diploma or equivalent; some roles may require mortgage licensingTypically requires mortgage or financial certifications; some roles need underwriting licenses
Work EnvironmentOffice setting, interacting with loan applicants and loan officersOffice setting, analyzing loan applications and financial documents
Employer & IndustryBanks, credit unions, mortgage companiesBanks, mortgage lenders, financial institutions
Search & Comparison IntentUnderstanding roles in loan processingUnderstanding roles in loan approval and risk assessment

The main difference is that a Loan Processing Officer primarily gathers and prepares loan documents, while a Loan Underwriter assesses the risk and approves or denies the loan application. Both roles are essential in the mortgage and lending industry, often working closely but focusing on different stages of the loan process.

What are Loan Processing Officers?

Loan Processing Officers are financial professionals responsible for managing and processing loan applications on behalf of banks, credit unions, or lending institutions. They review applicants’ financial information, verify documentation, and ensure all requirements are met before forwarding applications for approval. Their role is crucial in ensuring that loans are processed accurately and efficiently, minimizing risks for the lender while providing a smooth experience for the borrower.

What does a loan processing officer do?

A loan processing officer reviews and verifies loan applications, ensuring all required documentation is complete and accurate. They assess applicants' financial information, coordinate with underwriters, and prepare files for approval or denial, often using specialized software. Attention to detail and knowledge of lending regulations are essential for this role.

How much does a loan officer make on a $500,000 loan?

A loan processing officer typically earns a commission or fee based on the loan amount, often around 0.5% to 1% of the loan value. For a $500,000 loan, this could translate to $2,500 to $5,000 in fees or commissions, depending on the institution and compensation structure. However, actual earnings vary based on the employer, location, and individual performance.

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

To thrive as a Loan Processing Officer, you need strong analytical abilities, attention to detail, and knowledge of lending policies, usually supported by a degree in finance or a related field. Familiarity with loan origination software, credit analysis tools, and compliance systems is typically required. Excellent organizational skills, customer service orientation, and effective communication set top performers apart in this role. These skills ensure accurate loan processing, compliance with regulations, and a positive experience for clients and financial institutions.

What are some common challenges faced by Loan Processing Officers, and how can they be managed effectively?

Loan Processing Officers often face challenges related to tight deadlines, incomplete documentation from applicants, and frequent changes in lending regulations. Managing these challenges requires strong organizational skills, attention to detail, and effective communication with both clients and internal teams. Developing a clear checklist process, staying updated on regulatory changes, and building good relationships with loan officers and underwriters can greatly enhance efficiency and reduce errors.
More about Loan Processing Officer jobs
What states have the most Loan Processing Officer jobs? States with the most job openings for Loan Processing Officer jobs include:
What job categories do people searching Loan Processing Officer jobs look for? The top searched job categories for Loan Processing Officer jobs are:
Loan Processing Officer jobs near you
Infographic showing various Loan Processing Officer job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 85% Full Time, 10% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $70,335 per year, or $33.8 per hour.

Loan Processing Officer (AU)

Teams Squared

Remote

Other

Posted 4 days ago

Job description

Loan Processing Officer

This is a remote position. We are seeking an experienced Loan Processing Officer with a strong background in residential and commercial mortgage lending to support an Australian-based mortgage brokerage. This role requires hands-on experience managing loan files from initial enquiry through to post-settlement, with exposure to both residential and development/commercial transactions. The ideal candidate will have at least 2 years of experience in credit analysis, mortgage broking support, or financial services, with the ability to assess financial documentation, assist in structuring loan applications, and liaise with lenders and clients throughout the full loan lifecycle. Experience working with high-net-worth individuals, self-employed clients, developers, and investors will be highly regarded.

Responsibilities:

  • Manage loan applications from initial enquiry through to settlement and post-settlement follow-up.
  • Draft and manage client communications, including information requests and status updates.
  • Collate, review, and input supporting documentation into CRM and workflow systems (e.g., Asana, Dropbox, MyCRM).
  • Review and analyze financial documents, including tax returns, income statements, balance sheets, and credit reports.
  • Assist with residential servicing assessments and preliminary credit analysis.
  • Support mortgage brokers in structuring loan applications and preparing lender-ready submissions.
  • Provide deal lodgment support via platforms such as ApplyOnline.
  • Liaise with lenders, clients, solicitors, valuers, and other stakeholders to ensure a smooth process from lodgment to settlement.
  • Assist in managing and reviewing the existing loan book, including retention strategies and client reviews.
  • Maintain accurate records and ensure compliance with Australian lending regulations and credit policies.

Requirements:

  • Minimum 2 years of experience in mortgage broking support, credit analysis, banking, or financial services.
  • Experience with Australian residential lending is essential; exposure to commercial or development finance is highly desirable (or strong willingness to learn).
  • Strong understanding of financial documents and the ability to assess borrowing capacity, particularly for self-employed clients.
  • High attention to detail and strong analytical and numerical skills.
  • Excellent written and verbal communication skills.
  • Ability to work independently in a remote environment while collaborating with brokers and internal stakeholders.
  • Proficiency in Microsoft Office (Excel, Word, Outlook) is essential.
  • Experience with Asana, Dropbox, MyCRM, Quickli, or ApplyOnline is highly advantageous.

Benefits:

  • Remote work flexibility with a competitive compensation package.
  • Access to industry-leading tools and resources to support app optimization and promotion.
  • Opportunities for professional development, including training in app analytics and marketing.
  • Impactful role in enhancing user experiences and driving app engagement.
  • Join our team and play a key role in facilitating financial solutions for our clients.

If you are ready to bring your expertise in finance brokerage to a dynamic, supportive environment, we encourage you to apply! Note: Only shortlisted candidates will be contacted for further discussions. Teams Squared is a proud equal opportunity employer. We value diversity and are consistently committed to creating an inclusive environment for all team members.

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