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Loan Processor Assistant Jobs in Tennessee (NOW HIRING)

Loan Processor

Franklin, TN ยท On-site

$18.50 - $24.75/hr

Train and help supervise new loan processors and other processing personnel. * Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry ...

Loan Processor

Dunlap, TN

$15.75 - $21/hr

Recent TRID mortgage loan processing experience is required for this opening. Mountain Valley Bank Job Title Loan Processor Department Loan Operations / Centralized Processing Reports To COO or ...

Loan Processor

Franklin, TN ยท On-site

$18.50 - $24.75/hr

Train and help supervise new loan processors and other processing personnel. Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry ...

Loan Processor

Franklin, TN ยท On-site

$18.50 - $24.75/hr

Loan Processor Job Category Mortgage / Title Market Location TN - Nashville area Location TN - Franklin Apply Now ( If you're a bright, energetic individual who's customer-focused and dedicated to ...

Loan Processor

Franklin, TN ยท On-site

$18 - $24/hr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

Loan Processor

Franklin, TN ยท On-site

$18.50 - $24.75/hr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

Loan Processor

Knoxville, TN ยท On-site

$18 - $23.75/hr

The Loan Processor is responsible for: Completes transactions between bank, sellers and borrowers, by performing the following duties * Assembles, prepares and processes loan packages for consumer ...

Loan Processor

Knoxville, TN ยท On-site

$18 - $23.75/hr

Provide proactive, professional, and consistent communication regarding loan status, outstanding requirements, next steps, and timing expectations. * Coordinate across processing, underwriting ...

Loan Processor

Knoxville, TN ยท On-site

$18 - $23.75/hr

Provide proactive, professional, and consistent communication regarding loan status, outstanding requirements, next steps, and timing expectations. * Coordinate across processing, underwriting ...

Mortgage Loan Processor

Clarksville, TN 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

Chattanooga, TN ยท On-site

$36K - $50K/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

Knoxville, TN ยท On-site

$33K - $45K/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

Clarksville, TN 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 ...

Direct Loan Processor

Knoxville, TN ยท On-site

$18 - $23.75/hr

Create pending lists and communicate to all parties of the transaction for any outstanding items related to the audit. Assist loan originators/broker reps with collecting missing documents/conditions.

Direct Loan Processor

Knoxville, TN ยท On-site

$18 - $23.75/hr

Create pending lists and communicate to all parties of the transaction for any outstanding items related to the audit. Assist loan originators/broker reps with collecting missing documents/conditions.

Direct Loan Processor

Knoxville, TN ยท On-site

$18 - $23.75/hr

Create pending lists and communicate to all parties of the transaction for any outstanding items related to the audit. Assist loan originators/broker reps with collecting missing documents/conditions.

Direct Loan Processor

Knoxville, TN ยท On-site

$18 - $23.75/hr

Create pending lists and communicate to all parties of the transaction for any outstanding items related to the audit. Assist loan originators/broker reps with collecting missing documents/conditions.

Direct Loan Processor

Knoxville, TN ยท On-site

$18 - $23.75/hr

Create pending lists and communicate to all parties of the transaction for any outstanding items related to the audit. Assist loan originators/broker reps with collecting missing documents/conditions.

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Loan Processor Assistant information

See Tennessee salary details

$12

$17

$26

How much do loan processor assistant jobs pay per hour?

As of Aug 23, 2026, the average hourly pay for loan processor assistant in Tennessee is $17.53, according to ZipRecruiter salary data. Most workers in this role earn between $15.29 and $18.56 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 Tennessee?

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

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

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

Infographic showing various Loan Processor Assistant job openings in Tennessee as of August 2026, with employment types broken down into 89% Full Time, and 11% Part Time. Highlights an 89% In-person, and 11% Remote job distribution, with an average salary of $36,456 per year, or $17.5 per hour.

Loan Processor & Loan Officer Assistant

Gold Star Mortgage Financial Group, Corporation

Knoxville, TN โ€ข Hybrid

Full-time, Part-time

Re-posted 19 days ago


Job description

Loan Processor amp; Loan Officer Assistant (LOA) - JOB DESCRIPTION
Position Title: Loan Processor amp; LOA FLSA Status: Non-Exempt :
Pay Grade: I (Junior) or II (Senior) Reports to: Branch Manager or Branch Support Manager
Status: Regular, Full-Time or Part-Time Title Grade: I (Junior) or II (Senior)
Location: Knoxville, TN
SUMMARY amp; PURPOSE OF POSITION:
The Loan Processor amp; Loan Officer Assistant (LOA) is responsible for supporting the Loan Officer and processing team by managing loan files from initial application through underwriting. This hybrid role involves administrative support, client communication, document collection, and coordination with third parties to ensure loans move through the pipeline efficiently and in compliance with company policies and industry regulations.
PRIMARY POSITION-SPECIFIC RESPONSIBILITIES:
โ€ข Obtain and review required loan documentation from customers to ensure completeness and accuracy.
โ€ข Proactively communicate with clients, third-party vendors, and team members to collect missing documentation and resolve discrepancies.
โ€ข Submit complete loan files to underwriting and follow up as needed.
โ€ข Initiate title and appraisal orders; track progress to ensure timely completion.
โ€ข Schedule and coordinate appointments, meetings, and other client-related events for the Loan Officer.
โ€ข Assist with marketing initiatives to support lead generation and client outreach.
โ€ข Stay up to date on company policies, mortgage regulations, and industry best practices.
โ€ข Maintain organized and compliant loan files throughout the processing lifecycle.
โ€ข Perform general clerical duties and other tasks as assigned.
ESSENTIAL SKILLS amp; EXPERIENCE:
โ€ข High School Diploma or equivalent required.
โ€ข Minimum of one (1) year of hands-on loan processing experience in the mortgage banking industry preferred.
โ€ข Exceptional attention to detail and accuracy.
โ€ข Strong organizational skills and ability to manage multiple files and deadlines simultaneously.
โ€ข Dependable and self-motivated with the ability to work independently.
โ€ข Excellent written and verbal communication skills.
โ€ข Comfortable learning and adapting to regulatory updates and internal policy changes.
PREFERRED EDUCATION amp; EXPERIENCE:
โ€ข Previous experience in the mortgage banking industry;
โ€ข Field of study (Associates degree can be substituted for more than 2 years of loan processing
experience)
โ€ข Previous experience with Encompass, a plus