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Loan Processor Assistant Jobs in Riverside, CA (NOW HIRING)

Loan Processor

Anaheim, CA

$19.75 - $26.25/hr

Loan Processor As a Loan Processor, you will play a vital role in our wholesale lending operations ... assistant role. * Understanding of various loan products, including conventional loans, FHA, VA ...

Loan Processor

Anaheim, CA · On-site

$19.75 - $26.25/hr

As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible ... assistant role. * Understanding of various loan products, including conventional loans, FHA, VA ...

Loan Processor

Anaheim, CA

$19.75 - $26.25/hr

As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible ... assistant role. * Understanding of various loan products, including conventional loans, FHA, VA ...

Loan Processor

Irvine, CA

$20.25 - $26.75/hr

We are seeking an experience Loan Processor to join a thriving financial service company located in Irvine. This person will be responsible for examining applications, assessing applicant background ...

Loan Processor The Loan Processor will be responsible for obtaining all required diligence documents from borrower team and coordinating third party vendors and the deal team in connection with each ...

Loan Processor

Irvine, CA · On-site

$70K - $85K/yr

The Loan Processor will be responsible for obtaining all required diligence documents from borrower team and coordinating third party vendors and the deal team in connection with each loan. They will ...

Mortgage Loan Processor

Riverside, CA · On-site

$24.35 - $30.44/hr

Respond to Loan Processor, Loan Officers, Member requests and assist with Processing tasks EDUCATION, EXPERIENCE and QUALIFICATIONS To perform this job successfully, an individual must be able to ...

Be Seen First

Mortgage Loan Processor (California - In-Office) Location: In-Office - California Employment Type: Full-Time We are seeking an experienced Mortgage Loan Processor to join our in-office California ...

Be Seen First

Mortgage Loan Processor (California - In-Office) Location: In-Office - California Employment Type: Full-Time We are seeking an experienced Mortgage Loan Processor to join our in-office California ...

Junior Loan Processor

North Tustin, CA · On-site

$41K - $55K/yr

Submit loan files to underwriting and assist with clearing underwriting conditions * Maintain ... process Qualifications * 2+ years of mortgage industry experience preferred * Familiarity with ...

Construction Loan Processor The Construction Loan Processor is responsible for administering construction loan disbursements, ensuring all draw requests are processed accurately, timely, and in ...

Sr Loan Processor

Irvine, CA · On-site

$85K - $90K/yr

Role Overview The Loan Processor is responsible for moving loans from application through closing with accuracy, organization, and clear communication. This role ensures loan files are complete ...

Role Overview The Loan Processor is responsible for moving loans from application through closing with accuracy, organization, and clear communication. This role ensures loan files are complete ...

Consumer Loan Processor

Riverside, CA

$19.75 - $24.75/hr

When requested, takes additional loan applications and may assist with consumer loan application ... Processes incoming dispatches and responds to dealer messages. Additional Job Functions * Performs ...

Consumer Loan Processor

Tustin, CA

$20 - $25/hr

When requested, takes additional loan applications and may assist with consumer loan application ... Processes incoming dispatches and responds to dealer messages. Additional Job Functions * Performs ...

SBA Loan Processor II

Tustin, CA

$19.75 - $26.25/hr

A Day in the Life The Processor II will be responsible for reviewing and submitting loan requests from small business owners to underwriting; following up with customers by email and phone to ensure ...

Reverse Mortgage Loan Processor

Irvine, CA · On-site

$43K - $59K/yr

Are you a detail-driven Reverse Mortgage Loan Processor who can keep loans moving smoothly from application to closing looking to work with a fabulous team? We are seeking an experienced and detail ...

SBA Loan Processor II

Tustin, CA · On-site

$19.75 - $26.25/hr

A Day in the Life The Processor II will be responsible for reviewing and submitting loan requests from small business owners to underwriting; following up with customers by email and phone to ensure ...

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Loan Processor Assistant information

See Riverside, CA salary details

$14

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How much do loan processor assistant jobs pay per hour?

As of Jun 13, 2026, the average hourly pay for loan processor assistant in Riverside, CA is $20.15, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $21.30 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Loan Processor Assistant, and why are they important?

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 does a loan processing assistant do?

A loan processing assistant supports the loan processing team by gathering and verifying borrower information, preparing loan documents, and ensuring all required documentation is complete. They often use loan origination software and must adhere to regulatory guidelines to facilitate smooth loan approvals and closings.

Is a loan processor an entry level position?

A loan processor position is often considered entry level, especially for those with basic administrative skills and a high school diploma. However, some employers prefer candidates with prior experience in banking or finance, and knowledge of loan processing software can be beneficial.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. The exact earnings depend on the lender, the loan type, and the commission structure, but the loan officer's income is directly related to the loan's size and terms.

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.

How much do processors get paid?

Loan processor assistants typically earn between $15 and $25 per hour, depending on experience, location, and employer. Entry-level positions may start at the lower end, while experienced processors or those with specialized skills can earn higher wages. Salaries can also include benefits such as health insurance and paid time off.

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 Riverside, CA? The most popular types of Loan Processor jobs in Riverside, CA are:
What are popular job titles related to Loan Processor Assistant jobs in Riverside, CA? For Loan Processor Assistant jobs in Riverside, CA, the most frequently searched job titles are:
What job categories do people searching Loan Processor Assistant jobs in Riverside, CA look for? The top searched job categories for Loan Processor Assistant jobs in Riverside, CA are:
What cities near Riverside, CA are hiring for Loan Processor Assistant jobs? Cities near Riverside, CA with the most Loan Processor Assistant job openings:
Loan Processor

$19.75 - $26.25/hr

Other

Posted 24 days ago


Job description

Loan Processor

As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible for efficiently processing loan files from application to closing. Having successfully completed training and a probationary period as a Trainee, you will utilize your expertise to collect and review borrower documents, communicate with customers, and collaborate closely with Loan Officers and Underwriters to ensure timely and accurate processing of loan applications.

Key Responsibilities:
  • Collect and review borrower documents, including income verification, credit reports, and property information, to ensure completeness and accuracy.
  • Process loan files in compliance with company policies, regulatory guidelines, and investor requirements.
  • Communicate with customers to request additional documents or information, provide status updates, and address inquiries throughout the loan process.
  • Work closely with Loan Officers and Underwriters to resolve issues, address conditions, and clear loan file for approval.
  • Maintain detailed and organized loan files, ensuring all documentation is properly documented and stored.
  • Verify data accuracy in loan origination system and other relevant software platforms.
  • Coordinate with third-party vendors, such as appraisers and title companies, to facilitate loan transactions.
  • Adhere to established timelines and service level agreements to meet closing deadlines.
  • Provide exceptional customer service, ensuring a positive experience for borrowers throughout the loan process.
Minimum Qualifications:
  • High school diploma or equivalent is mandatory; a college degree in finance or banking is preferred.
  • Previous experience of 2-3 years in a professional office setting is required, ideally in an administrative or mortgage assistant role.
  • Understanding of various loan products, including conventional loans, FHA, VA, adjustable/fixed-rate mortgages, etc., is essential.
  • Highly driven and goal-oriented, with exceptional customer service and communication capabilities.
  • Comfortable working in a dynamic, fast-paced environment.
  • Skilled in managing a loan pipeline and associated tasks to meet designated turn times effectively.
  • Proficient in Microsoft Office suite; capable of swiftly acquiring proficiency in the company's proprietary mortgage software products.
Physical Demands:
  • Capable of safely and proficiently performing essential job functions as per ADA, FMLA, and other relevant standards, meeting productivity criteria.
  • Maintain consistent, punctual attendance in compliance with ADA, FMLA, and other regulations.
  • Clear and articulate communication skills on the telephone.
  • Ability to sit at a workstation for extended periods.
  • Proficient in physical typing.