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Loan Processor Assistant Jobs (NOW HIRING)

Minnesota Lakes Bank

Be Seen First

Loan Processor

Delano, MN · On-site

$23 - $35/hr

Perform a Variety of Loan Processing Duties * Assist with obtaining required information for loan applicants regarding appraisals, credit reports, title work, payoffs/subordinations, flood ...

All America Bank

Loan Processor

Mustang, OK · On-site

$17.50 - $23.25/hr

... - Assist in resolving any issues or discrepancies that arise during the loan processing cycle -Assist Loan Officers as needed Verify account information, monitor daily/monthly reports and correct ...

W3Global Inc.

Loan Processor

San Fernando, CA

$20 - $30/hr

Complete loan contracts * Assist clients in understanding the terms and conditions of their ... Previous experience as a Loan Processor is preferred * Familiarity with Microsoft Excel, databases ...

M2 Lending Solutions

Loan Processor

Denver, CO

$55K - $70K/yr

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 ...

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 ...

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 ...

Triad Financial Services Inc

Loan Processor

Bourbonnais, IL

$18 - $24.25/hr

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

SYNERGY BANK

Loan Processor

New Roads, LA · On-site

$18 - $24/hr

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 ...

Triad Financial Services Inc

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

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

Premium Merchant Funding

Loan Processor

Manhattan, NY · On-site

$40/hr

Process and track loan applications (merchant cash advances, term loans, SBA loans, etc.) * Assist sales reps and follow up on required documentation. * Communicate with clients, sales reps, and ...

Canter Financial

Loan Processor

Richmond, VA

$90K/yr

Interview prospective loan applicants and assist them in finding the best loan products for their ... Minimum of 2+ years loan processing experience required * Experience in mortgage lending and ...

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 ...

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 ...

Triad Financial Services Inc

Loan Processor

Anaheim, CA · On-site

$25.01/hr

Process loan files in compliance with company policies, regulatory guidelines, and investor ... assistant role. * Understanding of various loan products, including conventional loans, FHA, VA ...

MONEY INC

Loan Processor

Fort Worth, TX

$18 - $24/hr

We are searching for an experienced and highly-analytical loan processor to conduct assessments of business and individual loans. You will act as the liaison between potential clients and our growing ...

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 ...

First Bank

Loan Processor

Clewiston, FL · On-site

$17.50 - $23.25/hr

Assistant Vice President, Loan Processing Essential Duties and Responsibilities: Loan Processing & Application Review * Follows and incorporates First Bank's Core Values. * Review complete loan ...

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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 Jul 20, 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 qualifications do you need to be a loan processor?

A loan processor typically needs a high school diploma or equivalent, with some employers preferring post-secondary education or relevant certifications. Strong organizational skills, attention to detail, and familiarity with loan processing software are important, along with experience in banking or finance environments.

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 total income can vary depending on the lender, location, and the officer's experience, with some earning additional salary or bonuses. Loan officers also need strong knowledge of lending regulations and customer service skills to succeed in their role.

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.

How much does a lending assistant make?

A loan processor assistant typically earns between $35,000 and $50,000 annually, depending on experience, location, and employer size. They often work in office environments, utilizing loan processing software and maintaining accuracy in document handling.

What does a processor assistant do?

A loan processor assistant supports loan processors by gathering and verifying borrower information, preparing documentation, and ensuring all loan files are complete and accurate. They often use loan origination software and need strong organizational skills to help facilitate the loan approval process efficiently.
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 July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 21% Part Time, 1% Temporary, and 2% Contract. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $40,167 per year, or $19.3 per hour.

Loan Processor

Minnesota Lakes Bank

Delano, MN • On-site

$23 - $35/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago

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Job description

Minnesota Lakes Bank is seeking a Loan Processor to perform various administrative duties involved in the processing of loans, including the preparation of more complex loans, documents, calculations, filing, recordkeeping, and proofreading. In addition, this position is responsible for investigating, documenting, and maintaining credit histories for customer accounts.

To perform this job successfully, the individual must be able to satisfactorily perform each essential duty listed below:

Perform a Variety of Loan Processing Duties

  • Assist with obtaining required information for loan applicants regarding appraisals, credit reports, title work, payoffs/subordinations, flood certification, tax transcripts, homeowner’s insurance, and any other pertinent information necessary for the loan file
  • Process and verify documents received for loans and update files/systems per the information
  • Input and update required customer information into loan origination software
  • Upload loans from loan origination software
  • Assist with preparing closing documents or requests
  • Assist post-closing with follow up on missing or incorrect documentation when needed
  • Answer questions from loan officers and customers pertaining to loans in process, potential loan requests, and general information
  • Completes and prints appropriate disclosures for all loan applications, and works with loan officer to deliver in timely fashion to applicant
  • Assist loan officer in requesting and following up on missing documentation
  • Assist in arranging/coordinating loan closings with lender, title closer, loan officer, borrowers, and realtors
  • Gather and deliver appropriate documentation to compliance department for tracking and reporting
  • Perform any other duties as requested by management to assist other departments, as necessary
  • Follow up on receipt of final title policies and recorded mortgages and deliver to final lender
  • Scan/upload documents into archive system
  • Track insurance to ensure collateral has coverage
  • Prepare/provide monthly reporting to the SBA for qualifying SBA loans
  • Check loan documentation uploaded into the core system to ensure accuracy
  • Release collateral when loan is paid off & send correspondence to customer
  • Pay invoices associated with closed loans
  • Assist with escrow loans, process insurance & tax disbursements and conduct annual analysis
  • Serve as back up for other functions in the department

Perform Other Job-related Duties or Special Projects as Assigned

Work Remotely

  • No

Qualifications

  • Education:  High school diploma or equivalent; college degree preferred
  • Minimum Experience:  A minimum of three years of experience in banking and/or customer service-related field; previous loan processing experience is preferred

Minnesota Lakes Bank offers a friendly work environment and a competitive compensation and benefit package. If you feel you are the ideal candidate and you would like to join the MNLB team, please submit your resume for consideration for this position or visit the Minnesota Lakes Bank website for additional information.

Equal Opportunity Employer