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Loan Processor Assistant Jobs (NOW HIRING)

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 ...

Crosscountrymortgage

Loan Processor

Portland, OR

$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 ...

Crosscountrymortgage

Loan Processor

Mount Pleasant, SC · On-site

$18 - $24/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 ...

Crosscountrymortgage

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 ...

Newcoast

Loan Processor

Oldsmar, FL

$17.25 - $23/hr

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 documents. The Loan Processor ...

Newcoast

Loan Processor

Oldsmar, FL · On-site

$17.25 - $23/hr

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 documents. The Loan Processor ...

CrossCountry Mortgage

Loan Processor

San Diego, CA · On-site

$20 - $26.50/hr

Description We are only considering candidates who are actively processing mortgage loans today within a retail mortgage bank. Please do not apply if you are not currently in a processing role. We're ...

Northpointe Bank

Loan Processor

Lake Worth, FL · On-site

$31.25/hr

We're hiring a Loan Processor to manage the end-to-end processing of mortgage loans, ensuring ... Collaborate with underwriters, Loan Officers (LOs), and Loan Officer Assistants (LOAs) to prepare ...

CrossCountry Mortgage

Loan Processor

Lacey, WA · 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 ...

Crosscountrymortgage

Loan Processor

Lexington, SC · On-site

$16 - $21.50/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 ...

Northpointe Bank

Loan Processor

Lake Worth, FL · On-site

$16.75 - $22.25/hr

We're hiring a Loan Processor to manage the end-to-end processing of mortgage loans, ensuring ... Collaborate with underwriters, Loan Officers (LOs), and Loan Officer Assistants (LOAs) to prepare ...

Risewell Homes

Loan Processor

Englewood, CO · On-site

$60K - $80K/yr

The Loan Processor acts as the central point of communication between loan officers, assistants, builders, real estate partners, and customers, helping ensure accuracy, timeliness, and an exceptional ...

Arixa Capital

Loan Processor

Los Angeles, CA · On-site

$20.25 - $27/hr

Our vertically integrated platform allows us to manage every step of the loan process in-house, ensuring speed, reliability, and an exceptional experience for our clients. Backed by a substantial ...

Risewell Homes

Loan Processor

Englewood, CO · On-site

$60K - $80K/yr

The Loan Processor acts as the central point of communication between loan officers, assistants, builders, real estate partners, and customers, helping ensure accuracy, timeliness, and an exceptional ...

Crosscountrymortgage

Loan Processor

Rochester, NY

$18.50 - $24.75/hr

The Loan Processor supports the loan origination process by coordinating communication among borrowers, real estate professionals, attorneys, and underwriting. The Loan Processor ensures accurate ...

Northpointe Bank

Loan Processor

Lake Worth, FL

$31.25/hr

We're hiring a Loan Processor to manage the end-to-end processing of mortgage loans, ensuring ... Collaborate with underwriters, Loan Officers (LOs), and Loan Officer Assistants (LOAs) to prepare ...

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 ...

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Loan Processor Assistant information

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$29

How much do loan processor assistant jobs pay per hour?

As of Jul 23, 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, 76% Full Time, 20% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $40,167 per year, or $19.3 per hour.

Loan Processor/ Adminstrative Assistant

Legacy Mortgage Loans Inc

San Fernando, CA • On-site

$20 - $32/hr

Full-time

Posted 21 days ago

Job description

Benefits/Perks
  • Careers Advancement Opportunities 
  • Flexible Scheduling
  • Competitive Compensation 
Job Summary
We are seeking an experienced Loan Processor to join our team. In this role, you will evaluate and process loan applications. Your responsibilities will include interviewing applicants to gather financial information, evaluating creditworthiness, and completing loan contracts. The ideal candidate has excellent communication and customer service skills and a deep understanding of current lending practices and regulations.
 
Responsibilities 
  • Interview applicants to gather financial information
  • Evaluate creditworthiness
  • Process loan applications
  • Set up debt payment plans
  • Report on financing decisions
  • Complete loan contracts
  • Assist clients in understanding the terms and conditions of their contracts
  • Maintain up-to-date knowledge of current financial services and types of loans
  • Keep detailed records for all accounts
Qualifications
  • Bachelor’s degree in finance, economics, or a related field
  • Previous experience as a Loan Processor is preferred
  • Familiarity with Microsoft Excel, databases, and loan processing and banking software
  • Knowledge of lending products and practices
  • Strong customer service and communication skills
  • Ability to perform in a goal-oriented environment