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Loan Processor Assistant Jobs (NOW HIRING)

Commercial Banking Company

Loan Processor

Valdosta, GA · On-site

$15.25 - $20.50/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

Loan Processor

Anaheim, CA · On-site

$25.01/hr

Loan Processor Compensation: $25.01+/hour and includes monthly commission/bonus structure As a loan ... assistant role. * Understanding of various loan products, including conventional loans, FHA, VA ...

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 ...

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 ...

CrossCountry Mortgage

Loan Processor

Sacramento, CA · On-site

$20.50 - $27.25/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 ...

CrossCountry Mortgage

Loan Processor

Cleveland, OH · On-site

$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 ...

CrossCountry Mortgage

Loan Processor

Olympia, WA · On-site

$20 - $26.50/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 ...

SYNERGY BANK

Loan Processor

New Roads, LA

$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 ...

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 ...

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 ...

Frontline Source Group

Loan Processor

Waco, TX · On-site

$16.75 - $22.25/hr

Provide exceptional customer service while managing multiple active files. Assist attorneys and ... Loan Processor Background Profile High school diploma or equivalent required. Associate's degree or ...

PremierBank

Loan Processor

Fort Atkinson, WI

$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 ...

gpac

Loan Processor

Plaquemine, LA · On-site

$18.50 - $24.50/hr

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

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 ...

F.N.B. Corporation

Loan Processor

Pandora, OH · On-site

$17 - $22.75/hr

Job Summary First National Bank of Pandora is seeking a detail-oriented Loan Processor to join our Underwriting team. This position plays a key role in supporting the loan process by reviewing ...

Canter Financial

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 ... processing experience required • Experience in mortgage lending and knowledge of loan types, such ...

Medallion Bank

Loan Processor

Salt Lake City, UT · Hybrid

$18 - $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 ...

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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 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

Loan Processor

Commercial Banking Company

Valdosta, GA • On-site

$15.25 - $20.50/hr

Other

Posted 20 days ago

Job description

General Description

Oversees the loan process from customer to closing and works closely with lending officers to ensure a smooth production process.

RESPONSIBILITIES
  • Responsible for processing all loan requests, which includes but not limited to, preparing early disclosures, all necessary loan documents, , obtaining flood data, verifying information given by lender, completing general ledger entries, booking loans, and maintaining loan files.
  • Review loan application package and elevate concerns related to incomplete or incorrect information.
  • Accountable for preparing TRID/RESPA early disclosures and loan documents.
  • Prepare security deeds, deed modifications and HELOC deeds and send for recording.
  • Follow up with attorneys for Final Title Opinions or Title Insurance and request recorded deeds.
  • Prepare Estoppel letters, attorney letters/payments, loan proceed checks, debt consolidation checks, note and deed modifications, and payment extensions.
  • Research state internet site for recorded Deeds, Cancellations, Quitclaims, and UCC's.
  • Verifies Business Entity Information, which includes but not limited to, Partnership Agreements, LLC Operating Agreement, Corporation By-Laws, Corporation Certificates of Title, Articles of Incorporation, and Corporate Resolutions.
  • Follow Beneficial Owner requirements for Business Entities.
  • Works closely with Attorneys on real estate closings, order Title Opinions, and prepare/review Closing Disclosures.
  • Order and maintain the appraisal files, ensure payment, and balance monthly.
  • Protect the assets of the bank by verifying approval of loan exceptions and elevating those without proper approval to supervisor.
  • Process letter of credit requests and maintain the letter of credit file, ensure proper tickets have posted, and balance monthly.
  • Verify property tax and insurance have been paid and all loan collateral documents are in file.
  • Prepare escrow account disclosures, process annual analysis statement, and prepare disbursements.
  • Complete required HMDA documents and review file for proper documentation.
  • Prepare participation loan document packages for purchased and sold loans.
  • Process Non-Originated Loan Packages.
  • Maintain collateral vault documents and place required holds.
  • Complete E-Oscar disputes.
  • 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 Processors as needed.
  • Perform various tasks as assigned by supervisor or lending officer.
  • Maintains knowledge of bank policies, procedures, and operational processes.

Commercial Banking Company is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, gender, sex, religion, national origin, disability, genetic information, sexual orientation, gender identity, pregnancy, veteran status, or any other characteristic protected by local, state, or federal law.

REQUIRED SKILLS, EXPERIENCE, AND EDUCATION
  • High school diploma or the equivalent
  • Prior banking experience, preferable in loan operations and/or loan processing
  • Knowledge of banking policies, procedures, and regulations
  • Excellent interpersonal and customer service skills; good social skills
  • Demonstrates a "team" attitude toward the bank and coworkers with a constant focus on improving/protecting the bank
  • Possesses an attitude of cooperation and a continual motivation to learn
  • Ability to demonstrate high levels of accuracy and efficiency
  • Work well under stress
  • Good organizational skills and the ability to multitask efficiently
  • Proficiency with computers; good technical skills
  • Maintains a neat, well-groomed, professional appearance
  • Maintains a clean work area
  • Excellent written and verbal communication skills
  • Ability to work well in operations setting; self-motivated
  • Punctual & reliable

All applicants must be able to pass the following screens:

  • Background
  • Credit
  • Drug Screen

Apply