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Loan Processor Assistant Jobs in Utah (NOW HIRING)

Loan Processor

Salt Lake City, UT ยท On-site

$18.25 - $24.25/hr

You will assist loan officers in gathering and verifying approval stipulations such as calculating ... Process approved applications and complete required verifications. Including income calculation ...

Loan Processor

Salt Lake City, UT ยท Hybrid

$18 - $24.25/hr

You will assist loan officers in gathering and verifying approval stipulations such as calculating ... Process approved applications and complete required verifications. Including income calculation ...

Loan Processor

Salt Lake City, UT ยท On-site

$18 - $24.25/hr

You will assist loan officers in gathering and verifying approval stipulations such as calculating ... Process approved applications and complete required verifications. Including income calculation ...

Loan Processor

Salt Lake City, UT ยท On-site

$18 - $24.25/hr

You will assist loan officers in gathering and verifying approval stipulations such as calculating ... Process approved applications and complete required verifications. Including income calculation ...

Loan Processor

Salt Lake City, UT ยท On-site

$18 - $24.25/hr

You will assist loan officers in gathering and verifying approval stipulations such as calculating ... Process approved applications and complete required verifications. Including income calculation ...

Mortgage Loan Processor

Draper, UT ยท On-site

$37K - $51K/yr

Mortgage Loan Processor Location: Draper Job Type: Full-Time Company: Village Capital and Investment LLC Introduction: Village Capital is a well-established mortgage company committed to delivering a ...

Senior Loan Processor

South Jordan, UT ยท Hybrid

$65K - $75K/yr

We are seeking an experienced Senior Mortgage Loan Processor to join our client team at their national headquarters in the South Jordan, Utah area. In this role, you will act as the primary performer ...

As a Senior Loan Processor, you will play a pivotal role in guiding loan applications through the complex loan origination lifecycle. You'll take on our more complex and higher-priority files ...

Mortgage Loan Assistant

Bluffdale, UT ยท On-site

$50K - $70K/yr

Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking ...

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Loan Processor Assistant information

See Utah salary details

$12

$17

$26

How much do loan processor assistant jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for loan processor assistant in Utah is $17.58, according to ZipRecruiter salary data. Most workers in this role earn between $15.34 and $18.61 per hour, depending on experience, location, and employer.

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 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.

What qualifications do I need to be a loan processor assistant?

A loan processor assistant typically needs a high school diploma or equivalent, strong organizational and communication skills, and familiarity with loan processing software or office tools. Some employers may prefer prior experience in banking, finance, or customer service, and relevant certifications can enhance job prospects.

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 benefits from strong communication and multitasking abilities.

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.

Do you need a certification to be a loan processor assistant?

A certification is not typically required to become a loan processor assistant, but having relevant certifications such as the Mortgage Loan Processor Certification can improve job prospects and demonstrate expertise. Employers often value strong organizational skills, attention to detail, and knowledge of loan processing software. Requirements may vary by employer and location, so checking specific job postings is recommended.

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 most commonly searched types of Loan Processor jobs in Utah? The most popular types of Loan Processor jobs in Utah are:
What cities in Utah are hiring for Loan Processor Assistant jobs? Cities in Utah with the most Loan Processor Assistant job openings:
Infographic showing various Loan Processor Assistant job openings in Utah as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $36,567 per year, or $17.6 per hour.

Loan Processor

Medallion Bank

Salt Lake City, UT โ€ข On-site

$18.25 - $24.25/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 23 hours ago


Job description

Loan Processor

This is a Utah-based hybrid position, which will require some regular in-office days each week. Employment with Medallion Bank is contingent on passing both a background check and maintaining a clean background.

At Medallion Bank we finance fun! We are an industrial loan bank that specializes in providing consumer loans for the purchase of recreational vehicles, boats, home improvement, and offering loan origination services to fintech partners. We work directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a small company with a big impact. We recognize our employees as our greatest asset and have a culture to prove it!

How You Will Support The Team

We are seeking a highly motivated and results-driven Loan Processor to join the team and be responsible for processing loan stipulations in the recreational lending program. You will assist loan officers in gathering and verifying approval stipulations such as calculating and verifying income and figuring loan advance based on program guidelines. Also includes the timely and accurate data entry of the applications and training of other loan processors as assigned. You will assist all areas in answering calls from dealers and assisting them with their needs. Performs other duties as necessary to support the goals and objectives of the department.

What We Are Looking For
  • Provide timely, accurate and efficient application data entry.
  • Process approved applications and complete required verifications. Including income calculation, collateral valuation, and third-party verifications.
  • Work with dealers to provide professional customer service to develop and strengthen dealer relations.
  • Assist in the training of loan processors to complete required verifications of stipulations by loan officers.
  • Work to maintain and increase productivity within the department.
  • Performs other duties as assigned.
You Would Be A Great Fit With These Skills
  • Strong written and verbal communication and interpersonal skills.
  • Exceptional experience in effective application processing.
  • Self-motivated and hard working. Must be able to handle multiple functions simultaneously and function in a high-pressure environment.
  • Team player.
  • Basic computer skills.
  • Intermediate math skills for income calculation.
  • Ability to successfully work in a team environment.
  • Ability to make sound decisions and communicate decisions effectively.
  • Keyboard and accurate typing skills with a recommended minimum of 35 wpm.
Level Of Experience
  • High school diploma or equivalent required
What's In It For You?
  • Office-based, with the ability to work from home 2 days per week.
  • Shift: Full time, 35-40 hours per week
  • May require evening and weekend availability based on business needs
  • Comprehensive benefits including medical, dental, vision, disability, and life insurance
  • 401K with a company match
  • PTO including 11 federal paid holidays off, vacation time and sick time
  • Financial Wellness Program
  • Volunteer Opportunities
  • Awesome company culture and co-workers who love to work here!
  • Work Life Balance โ€“ We don't use that term lightly!
  • Company Wide Open Door Policy