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Loan Processor Assistant Jobs (NOW HIRING)

Loan Processor

Portland, OR · 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 ...

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

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

Loan Processor

Mcminnville, OR · On-site

$19.25 - $25.50/hr

Complete and obtain signatures for modification, extension and skip-payment agreements. * Assist ... loan processing and/or servicing experience (consumer, mortgage or commercial real estate)

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 ...

Loan Processor

Prairieville, LA · On-site

$17 - $22.75/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 ...

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 ...

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 ...

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 ...

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 ...

Loan Processor

Rochester, NY · On-site

$18.50 - $24.75/hr

Loan Processor CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 ...

Loan Processor

Phoenix, AZ · On-site

$21 - $26/hr

... * Assist in gathering and verifying supporting documents from students and schools to facilitate ... loan processing, financial services, or educational administration preferred. * Strong problem ...

Loan Processor

Richmond, VA · On-site

$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 ...

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 ...

Loan Processor

Oldsmar, FL · On-site

$17.25 - $23/hr

Loan Processor OVERVIEW: The Loan Processor is responsible for providing customers a service which includes the preparation of loan documents, loan packages for banks and copies of all executed ...

Loan Processor

Cornelius, NC · On-site

$17.25 - $23.25/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

Winter Park, FL · On-site

$17.75 - $23.50/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 ...

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 ...

Loan Processor

Montvale, NJ · On-site

$19.50 - $26.25/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

Scottsdale, AZ · On-site

$19 - $25.25/hr

Loan Processor Scottsdale, Arizona, USA QUALIFICATIONS: • Associate or bachelor's degree with major in business, finance or related field • Experience in loan processing beneficial but not ...

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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 12, 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 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.
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Infographic showing various Loan Processor Assistant job openings in the United States as of September 2026, with employment types broken down into 2% As Needed, 74% Full Time, 21% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $40,167 per year, or $19.3 per hour.

Loan Processor

Portland, OR • On-site

CrossCountry Mortgage
Finance and Insurance • 5 - 10K employees

$20 - $26.50/hr

Other

Medical, Dental, Vision, Retirement

Re-posted 15 hours ago


CrossCountry Mortgage rating

7.4

Company rating: 7.4 out of 10

Based on 27 frontline employees who took The Breakroom Quiz


Job description

Loan Processor

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.

CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.

Position Overview:

The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly with the customer and/or Loan Officer. The Loan Processor provides proper disclosures when required by applicable local, state, and federal regulations.

Job Responsibilities:

  • Perform a thorough review and analysis of borrower's credit, employment, income, and assets as required by the loan program before submitting to underwriting.
  • Assemble the complete loan package in proper order for underwriting.
  • Verify all required documentation (pre-underwrite) in the file.
  • Complete the required loan checklist.
  • Verify that an application is complete and accurate; identify any potential issues that may arise in underwriting.
  • Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on the documents; communicate directly with the Loan Originator, customer, and Underwriter to obtain initial and any missing documentation required to qualify for the loan.
  • Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures.
  • Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information.
  • Verify that vendor orders are complete, invoices are received and in the applicant's E-file.
  • Manage pipeline by completing and submitting reports within allotted turn-around times.
  • Assist set-up of loans.
  • Document all communication related to the loan application in the conversation log.
  • 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 investors.
  • Available to work varying hours and overtime if needed.

Qualifications and Skills:

  • High School Diploma or equivalent.
  • Minimum of 5 years' residential mortgage processing experience.
  • Experience with Encompass.
  • Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents, preferred.
  • Knowledge of DU, LP, Microsoft Office, and Windows.
  • Excellent math and analytical skills.
  • Excellent communication skills.
  • Excellent prioritization and time management skills.

CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success!


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