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Loan Processor Assistant Jobs in Iowa (NOW HIRING)

Primebank

Loan Processor

Sioux City, IA · On-site

$18.75 - $25/hr

Prepare HMDA reporting * Assist customers with loan transactions, loan status and interest rate ... Knowledge of commercial and/or residential mortgage processing functions Skills and Abilities

Prime Bank

Loan Processor

Sioux City, IA · On-site

$18.75 - $25/hr

Prepare HMDA reporting * Assist customers with loan transactions, loan status and interest rate ... Knowledge of commercial and/or residential mortgage processing functions Skills and Abilities

New

Primebank

Loan Processor

Sioux City, IA · On-site

$18.75 - $25/hr

... of loan processing experience, specifically loan document preparation, preferredKnowledge of commercial and/or residential mortgage processing functions Skills and AbilitiesAbility to identify ...

New

Premier Lending Alliance

Mortgage Loan Processor

Johnston, IA · On-site

$37K - $51K/yr

Mortgage Loan Processor Premier Lending Alliance | Johnston, IA | In office | Full time Mon - Fri 8:00 am to 5:00 pm About the RoleMost processing jobs hand you a piece of the loan. This one hands ...

Premier Lending Alliance

Mortgage Loan Processor

Johnston, IA · On-site

$37K - $51K/yr

Mortgage Loan Processor Premier Lending Alliance | Johnston, IA | In office | Full time Mon - Fri 8:00 am to 5:00 pm About the Role Most processing jobs hand you a piece of the loan. This one hands ...

SNB

Mortgage Loan Processor

Sioux City, IA

$39K - $54K/yr

MORTGAGE PROCESSING SPECIALIST As a Mortgage Loan Processor, you'll play a key role in the early and middle stages of the mortgage loan process. You'll manage a pipeline of mortgage loan files ...

SNB

Mortgage Loan Processor

Sioux City, IA · On-site

$39K - $54K/yr

MORTGAGE PROCESSING SPECIALIST As a Mortgage Loan Processor, you'll play a key role in the early and middle stages of the mortgage loan process. You'll manage a pipeline of mortgage loan files ...

SNB

Mortgage Loan Processor

Sioux City, IA · On-site

$39K - $54K/yr

MORTGAGE PROCESSING SPECIALIST As a Mortgage Loan Processor, you'll play a key role in the early and middle stages of the mortgage loan process. You'll manage a pipeline of mortgage loan files ...

Security National Bank

Mortgage Loan Processor

Sioux City, IA · On-site

$39K - $54K/yr

Mortgage Processing Specialist Be the reason mortgage loans move forward smoothly--keeping everything on track from application to approval. At Security National Bank, we believe something simple but ...

FREEDOMBANK

Loan Support

Waukon, IA · On-site

$17.75 - $23.50/hr

Work as a team with other loan support staff and assist others as needed. * Assist with managing escrow accounts for taxes and insurance as well as processing disbursements. * Help loan staff and ...

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All JobsLoan Processor JobsLoan Processor Assistant JobsLoan Processor Assistant Jobs in Iowa

Loan Processor Assistant information

See Iowa salary details

$12

$18

$27

How much do loan processor assistant jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for loan processor assistant in Iowa is $18.14, according to ZipRecruiter salary data. Most workers in this role earn between $15.82 and $19.18 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 Iowa?

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

What are popular job titles related to Loan Processor Assistant jobs in Iowa?

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

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

The top searched job categories for Loan Processor Assistant jobs in Iowa are:

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

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

Loan Processor Assistant jobs near you
Infographic showing various Loan Processor Assistant job openings in Iowa as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 24% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $37,727 per year, or $18.1 per hour.

Loan Processor

Sioux City, IA • On-site

Primebank
Commercial Banking • 51 - 200 employees
Learn more about Primebankexternal

$18.75 - $25/hr

Full-time

Posted 4 days ago

Job description

This position is responsible for the production of loan documentation and for providing support to lenders in the Sioux City Loan Department.
Essential Duties and Responsibilities
  • Prepare and understand commercial, agricultural and consumer loan documents required for new notes, renewals, and extensions, with accuracy
  • Request credit bureau and flood determinations
  • Monitor loan files for completeness
  • Review and reconcile daily reports, identifying and resolving any data discrepancies
  • Monitor loan exception reports - updating tracking systems and resolving documentation deficiencies
  • Prepare HMDA reporting
  • Assist customers with loan transactions, loan status and interest rate inquiries

Qualifications
Education
  • A bachelor's degree in a related field or equivalent combination of education and experience

Knowledge and Experience
  • 3+ years of loan processing experience, specifically loan document preparation, preferred
  • Knowledge of commercial and/or residential mortgage processing functions

Skills and Abilities
  • Ability to identify missing items and perform tasks accurately
  • Successful customer service background
  • Excellent verbal and written communication skills
  • Proficient with Microsoft Office Suite software
  • General understanding of accounting and balancing
  • Advanced organization skills
  • Independent thinker and self-motivated
  • Analytical and problem resolution skills

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