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Loan Processor Assistant Jobs in Minnesota (NOW HIRING)

Pyramid Consulting

Loan Processor

Richfield, MN · On-site

$19.50 - $26/hr

Loan Processor Immediate need for a talented Loan Processor with experience in the Banking and Financial Industry. This is a 12+ Months Contract opportunity with long-term potential and is located in ...

Pyramid Corporation

Loan Processor

Richfield, MN · On-site

$19.50 - $26/hr

Loan Processor Immediate need for a talented Loan Processor with experience in the Banking and Financial Industry. This is a 12+ Months Contract opportunity with long-term potential and is located in ...

Levo Federal Credit Union

Loan Processor

Georgetown, MN

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Sabin, MN · On-site

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Dilworth, MN

$19 - $25.25/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Comstock, MN

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Hawley, MN

$17.75 - $23.75/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Moorhead, MN

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Moorhead, MN · On-site

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Georgetown, MN · On-site

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Comstock, MN · On-site

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Barnesville, MN · On-site

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Sabin, MN

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Dilworth, MN · On-site

$19 - $25.25/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Hawley, MN · On-site

$17.75 - $23.75/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Glyndon, MN · On-site

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Wolverton, MN · On-site

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Barnesville, MN

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Wolverton, MN

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

Levo Federal Credit Union

Loan Processor

Glyndon, MN

$18.50 - $24.50/hr

Assistant Vice President Mortgage Services FLSA: Exempt Date last updated : 04/01/2024 Summary ... Prepares directions for the Loan processor pertaining to the information that will be required to ...

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All JobsLoan Processor JobsLoan Processor Assistant JobsLoan Processor Assistant Jobs in Minnesota

Loan Processor Assistant information

See Minnesota salary details

$13

$18

$28

How much do loan processor assistant jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for loan processor assistant in Minnesota is $18.91, according to ZipRecruiter salary data. Most workers in this role earn between $16.49 and $20.00 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 Minnesota?

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

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

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

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

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

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

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

Loan Processor Assistant jobs near you
Infographic showing various Loan Processor Assistant job openings in Minnesota as of August 2026, with employment types broken down into 2% As Needed, 74% Full Time, 19% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $39,340 per year, or $18.9 per hour.

Loan Processor

Pyramid Consulting

Richfield, MN • On-site

$19.50 - $26/hr

Other

Re-posted 12 days ago

Job description

Loan Processor

Immediate need for a talented Loan Processor with experience in the Banking and Financial Industry. This is a 12+ Months Contract opportunity with long-term potential and is located in Richfield, MN.

Please review the job description below.

Key Requirements and Technology Experience:

  • Orders all items necessary for loan file, i.e., insurance, flood certificates, good standings, title policies if necessary.
  • Writes correspondence letters to borrowers, escrows/attorneys, title companies, insurance companies, etc.
  • Works closely with title and attorneys and escrow companies to close deals efficiently and timely.
  • Reviews preliminary title reports/title commitments.
  • Prepares loan files for funding and boarding.
  • Continually follows-up with Business Development Officers to ensure clean and efficient loan closings.
  • Follows-up with loan officers regarding completeness of loan conditions.
  • Coordinates multiple files for closing concurrently, or within a short period of time.
  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Associate's degree (A.A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience.
  • Ability to read and comprehend simple instructions, short correspondence and memos.
  • Ability to write simple correspondence and e-mails with proper grammar and sentence structure.
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
  • Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form.

Our client is a leading Banking and Financial Industry and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.

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