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Loan Processor Assistant Jobs (NOW HIRING)

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 ...

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 ...

Loan Processor

League City, TX

$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 ...

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 ...

Loan Processor

Lafayette, LA

$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 ...

Loan Processor

Cleveland, OH

$18.25 - $24.25/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 ...

Loan Processor

Effingham, IL · On-site

$17 - $22/hr

The Central Loan Processor is responsible for producing accurate loan documents on a timely basis ... Explain terms and conditions of loans when necessary. * Assist bank staff and customers with any ...

The Loan Processor will work closely with Loan Officers and Loan Assistants keeping an open line of communication to promptly deliver accurate documentation. As the department grows, other daily ...

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 ...

Loan Processor

Richmond, VA · On-site

$60K - $90K/yr

... assist them in finding the best loan products for their needs • Assure that loan files meet banking and regulatory guidelines and policies Qualifications • Experience in mortgage loan processing ...

Loan Processor

Sea Girt, NJ · On-site

$55K - $65K/yr

Loan Processor We are seeking a detail-oriented and experienced Loan Processor to join our dynamic team in the financial services industry. The ideal candidate will play a crucial role in the loan ...

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

Cokato, MN · On-site

$22 - $26/hr

What You'll Do As a Loan Processor, you'll play a key role in supporting our Lending department ... Collaborate with appropriate resources to assist in resolving customer inquiries and providing ...

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 ...

Loan Processor

Denver, CO

$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 ...

Loan Processor

$43K - $48K/yr

Essential Duties: * Assist Loan Originators by prioritizing sales pipelines based on application ... Participate in process improvement projects * Provide prompt, warm, and memorable service ...

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 ...

Loan Processor

Tulsa, OK · On-site

$17 - $22.75/hr

Description A Loan Processor assists the Loan Operation Processing Team with processing commercial and consumer loans ensuring compliance with Blue Sky Bank's loan policy and all regulatory ...

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 ...

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Loan Processor Assistant information

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$13

$19

$29

How much do loan processor assistant jobs pay per hour?

As of Jun 7, 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 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 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:
Infographic showing various Loan Processor Assistant job openings in the United States as of May 2026, with employment types broken down into 77% Full Time, 21% Part Time, and 2% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $40,167 per year, or $19.3 per hour.

Full-time

Posted 22 days ago


Job description

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 processing pipeline duties between a file hand-off from sales through clear to close from underwriting. This work includes partnering with Loan Officers and Loan Partners, working directly with borrowers to gather necessary documentation and communicate important deadlines, using expertise in current guidelines to provide error-free files to Underwriting, and ensuring internal systems and processes are followed to clearly communicate loan progress. Your work will contribute to building relationships with realtors and borrowers to create the best loan experience possible and ensure the organization's ability to generate revenue.

This is a salary plus bonus opportunity position. The bonus structure is based on SLA's that drive quality, excellent customer service, and overall team performance.

If you enjoy working with passionate, dedicated, team-oriented people who value both their employees and customers, we want to speak with you!

Loan Processor responsibilities are:

  • Drive and manage all SLA deadlines to achieve quality outcomes of loan processing files
  • Ensure established workflows, compliance, and metrics are adhered to, proactively communicating issues and problem-solving suggestions immediately as they arise
  • Manage Conventional, VA, FHA, and Down Payment Assistance loan programs
  • Understand and execute processing needs for various types of loans, such as purchases, refinances, second homes, and investment properties
  • Work with LPA's to order all third-party documents (appraisals, WVOE's, etc.), complete income calculation worksheets
  • Communicate clearly with customers to collect and analyze necessary documentation to complete the loan process
  • Work cooperatively with the borrower on conditions, keeping all internal parties up-to-date through systems, notes, and other established processes
  • Submit complete and accurate files to underwriting
  • Utilize best practices, internal processes, and technology for maximum efficiency and throughput

Loan Processor requirements are:

  • Hybrid option after initial 90 days in-person at Denver office, 70% in-person at Denver office, 30% remote
  • 2+ years' experience as a Loan Processor or Junior Underwriter
  • 2+ years' experience working directly with borrowers to gather documentation and resolve loan conditions
  • Outstanding organizational and time management skills
  • Working knowledge of lending processes, loan principles, and loan systems
  • Excellent written and verbal communication skills
  • Critical thinker, problem solver, and growth mindset
  • Good knowledge of MS Office applications - Word, Excel, Outlook, Teams
  • Working experience with Encompass is required
  • High School diploma or equivalent
Employment Type: FULL_TIME