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Loan Processor Assistant Jobs (NOW HIRING)

Rize Mortgage

Loan Processor

Plantation, FL · Remote

$19.25 - $25.50/hr

Responsibilities and Duties · Interview prospective loan applicants and assist them in finding the ... process mortgage loan files. · Prepare and submit detailed loan packages to the lender ...

HomeTown_Bank

Loan Processor

League City, TX · On-site

$16 - $21.50/hr

LOAN PROCESSOR Summary/Objective The Loan Processor will be responsible for preparing all loan ... Answer phone inquiries and assist loan customers as required Credit Duties: * Save/scan incoming ...

CrossCountry Mortgage

Loan Processor

$19.25 - $25.50/hr

Train and assist supervision of new Loan Processors and other processing personnel. * Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from ...

gpac

Loan Processor

Lafayette, LA · On-site

$18 - $23.75/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with ... needed. * Assist lending officers with the preparation of pre-funding documents, HMDA data ...

East West Bank

Loan Processor

El Monte, CA · On-site

$20/hr

Responsibilities * Assist in loan file support by reviewing loan applications for completeness and ... Processes loan applications for portfolio and Fannie Mae mortgage loans (e.g., opening escrow ...

gpac

Loan Processor

Lake Charles, LA · On-site

$17.25 - $23/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with ... needed. * Assist lending officers with the preparation of pre-funding documents, HMDA data ...

East West Bank

Loan Processor

El Monte, CA · On-site

$20 - $31/hr

This role works closely with senior loan processors, loan officers, and customers to ensure documentation is complete and accurate while delivering smooth and timely loan experience. * Assist in loan ...

Triad Financial

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

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

Triad Financial Services Inc

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

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

M2 Lending

Loan Processor

Denver, CO · On-site

$19.25 - $25.75/hr

About the Loan Processor position M2 Lending Solutions is looking for an experienced, organized, and detailed-oriented Loan Processor with proven expertise to join our team! You will perform all loan ...

gpac

Loan Processor

Shreveport, LA · On-site

$15.50 - $20.50/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with ... needed. * Assist lending officers with the preparation of pre-funding documents, HMDA data ...

gpac

Loan Processor

New Orleans, LA · On-site

$17.25 - $23/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with ... needed. * Assist lending officers with the preparation of pre-funding documents, HMDA data ...

gpac

Loan Processor

Bossier City, LA · On-site

$14.25 - $18.75/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with ... needed. * Assist lending officers with the preparation of pre-funding documents, HMDA data ...

Medallion Bank

Loan Processor

Salt Lake City, UT · 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 ...

PremierBank

Loan Processor

Fort Atkinson, WI · On-site

$17 - $22.75/hr

Participate in ongoing training and stay updated on changes in lending regulations and policies. * Assist in process improvement initiatives and provide cross-training support within the loan ...

Peregrine Team

Loan Processor

Los Angeles, CA · On-site

$55K - $70K/yr

Loan Processor We are seeking a Loan Processor to manage loan applications and ensure all documentation is accurate and complete throughout the lending lifecycle. This role is essential in ...

Commercial Banking Company

Loan Processor

Valdosta, GA

$13.75 - $18.25/hr

Prepare MV1's and process electronic title liens. * Assist in Operations Department with various tasks including exception management, research, statements, and customer service. * Assist other Loan ...

gpac

Loan Processor

Alexandria, LA · On-site

$17.25 - $23/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with ... needed. * Assist lending officers with the preparation of pre-funding documents, HMDA data ...

Commercial Banking Company

Loan Processor

Valdosta, GA · On-site

$13.75 - $18.25/hr

Prepare MV1's and process electronic title liens. * Assist in Operations Department with various tasks including exception management, research, statements, and customer service. * Assist other Loan ...

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Loan Processor Assistant information

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$19

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How much do loan processor assistant jobs pay per hour?

As of Jun 28, 2026, the average hourly pay for loan processor assistant in the United States is $19.31, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $20.43 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.
More about Loan Processor Assistant jobs
What cities are hiring for Loan Processor Assistant jobs? Cities with the most Loan Processor Assistant job openings:
What are the most commonly searched types of Loan Processor jobs? The most popular types of Loan Processor jobs are:
What states have the most Loan Processor Assistant jobs? States with the most job openings for Loan Processor Assistant jobs include:
What job categories do people searching Loan Processor Assistant jobs look for? The top searched job categories for Loan Processor Assistant jobs are:
Loan Processor Assistant jobs near you
Infographic showing various Loan Processor Assistant job openings in the United States as of June 2026, with employment types broken down into 1% Locum Tenens, 11% As Needed, 14% Full Time, 44% Part Time, 6% Temporary, and 24% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $40,167 per year, or $19.3 per hour.

Loan Processor

Rize Mortgage

Plantation, FL • Remote

$19.25 - $25.50/hr

Full-time

Posted 20 days ago

Job description

Job Title

Loan Processor

Reports To

Manager

Job Overview

A mortgage loan processor gathers, prepares, and submits relevant information to evaluate a potential loan applicant’s creditworthiness and eligibility for commercial loans or real estate loans. Loan processors meet with applicants to understand their loan product needs and liaise between applicants, real estate agents, financial institutions/ lending institutions, lending underwriters, and mortgage loan officers. They verify and evaluate loan documentation such as debt-to-income ratios, credit reports, credit history, income sources, and property documents to prepare and submit detailed loan applications and loan file packages. Most mortgage processors work at a lending institution office.

Responsibilities and Duties

· Interview prospective loan applicants and assist them in finding the best loan products for their needs.

· Work with the borrower to gather financial information such as credit reports, verify the accuracy to determine creditworthiness, and complete the mortgage loan application.

· Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files.

· Prepare and submit detailed loan packages to the lender underwriting department for approval or denial.

· Act as a liaison between applicants, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to help further loan approval.

· Ensure loan files meet lending and regulatory guidelines and policies.

· Maintain detailed documentation of the process in our system - from origination to close.

Qualifications

· High school diploma or GED required - Associate’s degree in accounting, finance, or business preferred

Work Experience Required:

· Minimum of 2+ years loan processing experience required.

· Experience in mortgage lending and knowledge of loan types, such as FHA, FHLB, FNMA, or VA loans required.

· Must have excellent written and verbal communication skills.

· Strong analytical and time management skills and superior attention to detail