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Loan Processor Assistant Jobs in Indiana (NOW HIRING)

Loan Processor

Indianapolis, IN ยท On-site

$18 - $24/hr

Mortgage Loan Processor Mutual of Omaha Mortgage is a full-service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing ...

Loan Processor

Indianapolis, IN ยท On-site

$18 - $24/hr

Effectively manage and process a full pipeline of mortgage loan files (25-30) * Evaluate loan files for regulatory compliance and completeness * Accurately review and input pertinent loan data into ...

Loan Processor

Spencer, IN ยท On-site

$16 - $21.50/hr

Processing loan and participation payments. * Maintain and process titled collateral. * Provide secretarial support for loan officers. * Proofread loans - Personal, auto and commercial loans. * Scan ...

Mortgage Loan Processor

Richmond, IN ยท On-site

$35K - $49K/yr

Mortgage Loan Processor JOB CODE: MLP EMPLOYER: Natco Credit Union DEPARTMENT: Lending REPORTS TO: Mortgage Loan Manager EFFECTIVE DATE: 08/21/2026 REVISED DATE: SUMMARY: Supports the mortgage and ...

Mortgage Loan Processor JOB CODE: MLP EMPLOYER: Natco Credit Union DEPARTMENT: Lending REPORTS TO: Mortgage Loan Manager EFFECTIVE DATE: 08/21/2026 REVISED DATE: SUMMARY: Supports the mortgage and ...

Be a strong communicator and role model to assist in achieving department and company goals. Requirements: Job Responsibilities 1. Leadership - 30% ยท Manage Commercial Loan Processing team members ...

Mortgage Loan Processor

Lagrange, IN ยท On-site

$15.43/hr

This position requires handling more complex transactions and assignments in the loan processing area. Essential Job Functions: * Accurately preparing loan documents. Ensure that adequate ...

Mortgage Loan Processor

Evansville, IN ยท On-site

$34K - $47K/yr

Perform basic financial calculations and assist in evaluating loan applications against guidelines. * Ensure compliance: Follow underwriting standards, regulatory requirements, and internal policies ...

Mortgage Loan Processor

Lagrange, IN ยท On-site

$20.57 - $25.72/hr

This position requires handling more complex transactions and assignments in the loan processing area. Essential Job Functions: * Accurately preparing loan documents. Ensure that adequate ...

Mortgage Loan Processor

Lagrange, IN ยท On-site

$15.43 - $25.72/hr

This position requires handling more complex transactions and assignments in the loan processing area. Essential Job Functions: * Accurately preparing loan documents. Ensure that adequate ...

Mortgage Loan Processor

Terre Haute, IN ยท On-site

$38K - $52K/yr

Perform basic financial calculations and assist in evaluating loan applications against guidelines. * Ensure compliance: Follow underwriting standards, regulatory requirements, and internal policies ...

Mortgage Loan Processor

Carmel, IN ยท On-site

$37K - $52K/yr

Perform basic financial calculations and assist in evaluating loan applications against guidelines. * Ensure compliance: Follow underwriting standards, regulatory requirements, and internal policies ...

Mortgage Loan Processor

Fort Wayne, IN ยท On-site

$39K - $54K/yr

Perform basic financial calculations and assist in evaluating loan applications against guidelines. * Ensure compliance: Follow underwriting standards, regulatory requirements, and internal policies ...

Loan Processor

Spencer, IN ยท On-site

$16 - $21.50/hr

Job Title Location 201 West Morgan Street, Spencer, IN, 47460, United States Job Category Customer Service, Banking, Lending Industry Banking, Mortgage Lending, Customer Service Employee Type ...

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Loan Processor Assistant information

See Indiana salary details

$12

$18

$27

How much do loan processor assistant jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for loan processor assistant in Indiana is $18.38, according to ZipRecruiter salary data. Most workers in this role earn between $16.01 and $19.42 per hour, depending on experience, location, and employer.

What is a loan processor assistant?

A Loan Processor Assistant is a professional who supports loan processors and underwriters in preparing, reviewing, and organizing loan application documents. Their duties typically include gathering applicant information, verifying data, communicating with clients for missing documentation, and ensuring compliance with regulations. By streamlining administrative tasks and maintaining accurate records, they help facilitate the smooth and timely processing of loans.

What are the key skills and qualifications needed to thrive as a loan processor assistant?

To thrive as a Loan Processor Assistant, you need strong organizational skills, attention to detail, and knowledge of basic loan documentation, often supported by a high school diploma or equivalent. Familiarity with loan origination systems (LOS), document management software, and sometimes industry-specific certifications like NMLS is beneficial. Excellent communication, time management, and problem-solving abilities are crucial for coordinating between clients, loan officers, and underwriters. These competencies ensure accurate processing, timely approvals, and a smooth workflow in the loan application process.

What are the most common challenges faced by loan processor assistants in managing multiple loan files simultaneously?

Loan Processor Assistants often juggle multiple loan applications at different stages, which can make prioritization and organization challenging. Staying on top of tight deadlines, ensuring complete and accurate documentation, and quickly addressing requests from underwriters or loan officers are crucial parts of the role. Effective time management, attention to detail, and strong communication skills are essential for overcoming these challenges and keeping the loan process moving smoothly. Regular collaboration with loan processors, underwriters, and clients helps maintain workflow and resolve any issues that arise.

What is the difference between Loan Processor Assistant vs Loan Underwriter?

AspectLoan Processor AssistantLoan Underwriter
Required CredentialsHigh school diploma; some roles may prefer associate's degreeBachelor's degree in finance, economics, or related field; certifications like ULTA or CUA
Work EnvironmentOffice setting, supporting loan processing teamsOffice environment, evaluating loan applications for approval
Employer & Industry UsageMortgage companies, banks, credit unionsMortgage lenders, banks, financial institutions
Common Search & Comparison IntentUnderstanding support roles in loan processingAssessing loan eligibility and risk

The main difference is that a Loan Processor Assistant supports the loan processing team by handling administrative tasks, while a Loan Underwriter evaluates loan applications to determine approval. The Assistant focuses on document collection and data entry, whereas the Underwriter assesses creditworthiness and risk. Both roles are essential in the mortgage industry but serve different functions within the loan approval process.

How much do entry level loan processor assistants make?

Entry-level loan processor assistants typically earn between $30,000 and $45,000 annually, depending on location and employer. Starting salaries may include benefits such as health insurance and paid time off, and the role often requires basic knowledge of loan processing software and strong attention to detail.

Is a loan processor assistant a difficult job?

A loan processor assistant's job involves reviewing financial documents, verifying information, and supporting loan processing tasks, which can require attention to detail and organizational skills. The difficulty level depends on workload, complexity of cases, and familiarity with loan procedures and software. It is generally considered a moderate role that may require multitasking and adherence to deadlines.

What are the most commonly searched types of Loan Processor jobs in Indiana?

The most popular types of Loan Processor jobs in Indiana are:

What cities in Indiana are hiring for Loan Processor Assistant jobs?

Cities in Indiana with the most Loan Processor Assistant job openings:

Infographic showing various Loan Processor Assistant job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 19% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 2% Hybrid, and 1% Remote job distribution, with an average salary of $38,221 per year, or $18.4 per hour.

Residential Mortgage Loan Processor/Assistant

The Bippus State Bank

Huntington, IN โ€ข On-site

$38K - $52K/yr

Full-time

Posted 19 days ago


Job description

Description

Responsibilities

  • Order appraisals, title work, flood certificate, all supporting documents. This also includes correspondence with the title companies and appraisers
  • Correspond with insurance companies to get EOI (Evidence of Insurance) before the closing date
  • Complete reviews of appraisal and UCDP reports
  • Prepare loan documentation including but not limited to modifications, credit report authorizations, and extensions
  • Complete verification of employment prior to closings
  • Assist with customer service including phone calls and online messaging
  • Process payoff requests
  • Assist with collection correspondence and tracking
  • Assist with indexing and reviewing loan files to Synergy
  • Assist with processing draw requests
Knowledge, Skills, and Abilities
  • Knowledge of general banking operations and lending procedures.
  • Strong attention to detail and accuracy.
  • Ability to organize and prioritize work while meeting deadlines.
  • Strong written and verbal communication skills.
  • Ability to identify and resolve discrepancies in documentation and records.
  • Proficiency with Microsoft Office products and banking software systems.
  • Ability to work independently as well as collaboratively within a team environment.
  • Ability to maintain confidentiality and professionalism when handling sensitive information.

Requirements

Education and Experience

Required

  • High school diploma or equivalent.
  • One year of banking, lending, administrative, clerical, or customer service experience.

Preferred

  • Associate degree in a business-related field.
  • Previous loan operations, loan processing, loan servicing, or documentation experience.
  • Familiarity with core banking and document imaging systems.