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Loan Processor Assistant Jobs in Roy, UT (NOW HIRING)

Bank of Utah

Loan Servicing Processor II

Ogden, UT · On-site

$18.25 - $24.50/hr

Serves as a resource to all Loan Officers and Loan Assistants. Books all loan types (SBA ... Processes loan payments. This position is responsible to back up the manager in all functions.

Bank of Utah

Loan Servicing Processor II

Ogden, UT · On-site

$18.25 - $24.50/hr

Serves as a resource to all Loan Officers and Loan Assistants. Processes or inputs all loan types (SBA, Construction, Commercial, Letters of Credit, Master Notes, Leases, Bonds, etc.) to the DNA ...

Goldenwest Credit Union

Insurance Processor

Ogden, UT · On-site

Our Insurance Processors eagerly assist business owners and prospective business owners with ... Education program - We offer discounted student loans and tuition reimbursement up to $5,250/year!

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Loan Processor Assistant information

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How much do loan processor assistant jobs pay per hour?

As of Sep 6, 2026, the average hourly pay for loan processor assistant in Roy, UT is $18.42, according to ZipRecruiter salary data. Most workers in this role earn between $16.06 and $19.47 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 Roy, UT?

The most popular types of Loan Processor jobs in Roy, UT are:

What are popular job titles related to Loan Processor Assistant jobs in Roy, UT?

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

What job categories do people searching Loan Processor Assistant jobs in Roy, UT look for?

The top searched job categories for Loan Processor Assistant jobs in Roy, UT are:

What cities near Roy, UT are hiring for Loan Processor Assistant jobs?

Cities near Roy, UT with the most Loan Processor Assistant job openings:

Loan Processor Assistant jobs near you
Infographic showing various Loan Processor Assistant job openings in Roy, UT as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, 1% Temporary, and 3% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $38,311 per year, or $18.4 per hour.

Loan Servicing Processor II

Bank of Utah

Ogden, UT • On-site

$18.25 - $24.50/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago

Job description

Thanks for your interest in applying to the Bank of Utah. My name is Thelma Fonger, and I work as AVP Loan Operations Team Lead. As an introduction to our company, the Bank of Utah was founded in 1952, and is one of Utah’s largest privately owned community banks. We were named S amp;P Global Top 20 Bank two years in a row and a Top 100 Fastest Growing Company.
Our Mission Statement:
We strive to unlock the potential of our team members, clients, and community. We act with integrity in every decision, build trust through every interaction, and exceed expectations at every opportunity. We seek to responsibly create lasting prosperity today and for generations to come.
Job Opening Details:
If our mission statement piques your interest, we encourage you to apply for the currently open position of Loan Servicing Processor II to work Monday - Friday, 8:00 AM-5:00 PM, at our Ogden Branch located at 2605 Washinton Blvd, UT. This Loan Servicing Processor II maintains general knowledge and background and performs many of the same functions as Loan Servicing Processor I, however, Level II requires more expertise for all the various functions in the Loan Servicing Department. Provides customer service and servicing for commercial loan customers, commercial construction loan customers, and SBA loan customers. Serves as a resource to all Loan Officers and Loan Assistants. Books all loan types (SBA, Construction, Commercial, Letters of Credit, Master Notes, Leases, Bonds, etc.) to the DNA system. Completes file maintenance and services Commercial Construction Loans and escrows in the draw process. Processes loan payments. This position is responsible to back up the manager in all functions.
Qualifications:
  • High School Education
  • Basic Computer Skills
  • Good Communication Skills
  • Must be able to work at a high level of productivity with little supervision
  • Good understanding of Debits and Credits
  • Good understanding of Loan Payment Streams and documentation
  • Must have 1 year experience as Loan Servicing Processor I or equivalent outside experience
Regular Duties and Responsibilities
  • Has more defined skills and expertise in Booking and verifying of all Loan types (SBA, Construction, Commercial, Letters of Credit, Master Notes, Leases, Bonds, Loan Participations (serviced and sold), etc.) to DNA.
  • Completes file maintenance and Status Changes as requested on DNA.
  • Set up commercial construction loans in Construct.
  • Perform all duties of the draw process for Commercial Construction draws and escrow releases on the Construct system ensuring that the draw meets all the general policies and guidelines in order to process and complete the draw request. Responsibility is split into two separate duties:
  • Person 1: verifies W-9 information on all vendors, verifies invoices, monitors loan inspections ensuring work is complete, monitors line items, issues payment of checks, and remote prints checks.
  • Verifier: verifies the check amounts, the vendor paid, the correct invoices and addresses and that the draw balances between DNA and Construct.
  • Maintain escrow report to keep track of all third-party escrow agreements.
  • Provides customer service to both commercial and construction loan customers. Answering questions regarding payments and draws.
  • Performs various GL reconciliations as assigned by manager.
  • Reconciles loan billing statements with print vendor to ensure statements are being mailed and/or held as needed.
  • Process interest reserve payments on commercial construction and development loans.
  • Provides backup in clearing Loan Non-Post items.
  • Assists with investor reporting to GuideHouse, USDA, Farmer Mac, and all other miscellaneous bank participations. Remitting payments and requesting funds when loans appear on reports
  • Monitors the Note Exception Report clearing items daily as necessary.
  • Quotes and processes payoffs for sold SBA 7A loans.
  • Process loan payments.
  • Responsible to seek out and complete training courses that are relevant to the job description, that will help improve knowledge, skills, and abilities.
  • Attendance is an essential function of the job.
  • Other duties as assigned.
Benefits of Working with Us
Bank of Utah's comprehensive benefits package includes:
  • Great work-life balance, with a Monday-Friday schedule
  • Competitive pay and benefits, including medical, dental and vision plans
  • 401(k) plan and match up to 5 percent in our employee stock ownership program (eligibility requirements must be met)
  • 12 paid bank holidays + paid time off, including paid parental leave
  • Volunteer opportunities to make a difference in the communities where you work and live
  • Awards and recognition to celebrate you and your colleagues for living the bank's values

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