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Loan Processor Assistant Jobs in Indiana (NOW HIRING)

Priority Dispatch Corp.

SBA Loan Processor I

Fishers, IN · On-site

$60 - $80/hr

# SBA Loan Processor IFirst Internet Bank of Indiana Fishers - Fishers, IN 46038## Position Details**About the Position:**As the Small Business Administration (SBA) Loan Processor, you will ensure loan ...

First Internet Bank

SBA Loan Processor I

Fishers, IN · On-site

$17.50 - $23.50/hr

You will support the end-to-end loan process of SBA applications from collecting documentation to final preparation of submission packages, working across all functions of SBA loan origination to ...

FIRST INTERNET BANK

SBA Loan Processor I

Fishers, IN · On-site

$17.75 - $23.50/hr

You will support the end-to-end loan process of SBA applications from collecting documentation to final preparation of submission packages, working across all functions of SBA loan origination to ...

FIRST INTERNET BANK

SBA Loan Processor I

Fishers, IN · On-site

$17.75 - $23.50/hr

You will support the end-to-end loan process of SBA applications from collecting documentation to final preparation of submission packages, working across all functions of SBA loan origination to ...

Lake City Bank

Retail Loan Operations Processor

Warsaw, IN · On-site

$15.75 - $21.25/hr

Retail Loan Operations Processor Are you a detail-oriented individual that enjoys working behind the scenes? Do you want to work for a company that cares about your future? As a Retail Loan ...

HNE

Mortgage Processor

Fishers, IN · On-site

$36K - $49K/yr

This role performs duties such as analyzing the loan application, assessing creditworthiness and ... Responsible for monitoring the loan process and managing the proper expectations with the client ...

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All JobsLoan Processor JobsLoan Processor Assistant JobsLoan Processor Assistant Jobs in Indiana

Loan Processor Assistant information

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$12

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$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 are popular job titles related to Loan Processor Assistant jobs in Indiana?

For Loan Processor Assistant jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Loan Processor Assistant jobs in Indiana look for?

The top searched job categories for Loan Processor Assistant 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:

Loan Processor Assistant jobs near you
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.

Mortgage Loan Processor

First Farmers Bank & Trust

Kokomo, IN • On-site

$21/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday

Job description

Description

Mortgage Loan Processor

Kokomo, IN

$21/hr - would consider an increased compensation depending on experience 


About First Farmers Bank & Trust

First Farmers Bank & Trust has been proudly serving families, farms, and businesses since 1885, building relationships rooted in trust and community. With over 140 years of experience, we've grown to become one of the largest community banks in Indiana and Illinois, offering a full range of financial services-from personal and business banking to agricultural lending and mortgage solutions.


Our mission is simple: deliver personalized financial services while fostering strong relationships that help our communities thrive. We believe in combining today's digital banking convenience with the traditional values of integrity, perseverance, and customer care.


With 37 branches in Indiana and Illinois, we remain deeply committed to the communities we serve. Through initiatives like financial education programs, scholarships, volunteerism, and local partnerships, we invest in what matters most-people.

At First Farmers, we also invest in our employees. We offer competitive benefits, opportunities for professional growth, and a culture that values collaboration and community engagement. When you join our team, you're not just starting a job-you're joining a company built on heart and grit.


POSITION SUMMARY:

Accurately assists in retrieving and assembling proper loan documentation for loan packages after application is signed and initial disclosures are issued; then responsible for submitting loan packages to underwriting for final approval. Following disclosure of initial documents, we are responsible for completing the loan package in a timely and efficient manner. Performs variety of clerical duties, requiring knowledge of departmental procedures. Provides support and assistance to officers on a daily basis when needed. Set up & maintains files on each loan; ensuring information is complete and accurate before sending to underwriting.


DUTIES:

  • Order the following documentation for each loan: XML sheet, Homeowners Insurance, PMI Certificate, Veri-tax, Form 90/Verification of Employment, Customer Information and Risk Profile (CIP), Order Title Commitment
  • Review and ensure accuracy on all documents starting at First Review
  • Verify Income calculations and ensure there is proper documentation of all types of income
  • Attain good knowledge base of all mortgage products
  • Review private mortgage insurance qualifications and submit data to PMI company to obtain certificate
  • Communicate with Borrower, Loan Officer and Mortgage Operations to efficiently gather documentation and complete the loan process
  • Complete Mortgage Workflow tasks that are then sent on to Underwriting
  • Completion of educational assignments
  • Assure loans are processed in accordance with Company policy and procedure
  • All other job duties as assigned

Requirements

Minimum Qualifications

  • This position requires general banking knowledge, specifically in the mortgage and lending areas
  • Basic computer skills and a strong attention to detail and accuracy
  • Proven, successful ability to work independently and on a team
  • Willingness and ability to participate with community organizations and community projects


Preferred Qualifications

  • Previous Mortgage Loan experience
  • Strong working knowledge of lending policies, procedures and documentation requirements
  • Knowledge of Government Loans


Skills

  • Strong organization, good time management, and ability to multitask needed
  • Must have strong attention to detail


Benefits Overview:

At First Farmers Bank & Trust, we offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance:


Health & Wellness

  • Medical Insurance (eligible on date of hire) with options for High Deductible Health Plan (HDHP) and Co-Pay Plan
  • Vision Coverage
  • Dental Coverage
  • Prescription Plan
  • Wellness Incentive - earn up to $25 per pay period toward premium reduction

Financial Security

  • Life & Accidental Death & Dismemberment Insurance - 100% employer-paid
  • Short & Long-Term Disability Insurance - 100% employer-paid
  • 401(k) Plan
  • Profit Sharing Stock Option
  • Health Savings Account (HSA) contributions for HDHP participants

Paid Time Off

  • Vacation time
  • Sick Time
  • Personal Day
  • 11 Paid Holidays
  • Paid Bereavement

Additional Benefits

  • Paid time to volunteer (when representing FFBT and supervisor approved)
  • Voluntary Donated PTO Program
  • Employee Assistance Program
  • Travel Assistance Program
  • Educational Assistance Program
  • Corporate Discounts
  • Employee Referral Program
  • Stock Purchase Loan Option
  • Retirement Plan Counseling
  • Wellness Program
  • Gym Reimbursement
  • Employee Quarterly Recognition Program
  • AFLAC supplemental benefits
  • Cincinnati Life supplemental coverage
  • Family Medical Leave
  • Paid Bereavement Leave
  • Maternity Leave Policy

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