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Loan Processor Funder Jobs (NOW HIRING)

Loan Processor

Chicago, IL · On-site

$60K - $75K/yr

The Loan Processor's primary responsibility is to assist loan officers with bringing approved loans to funding by working closely with loan applicants and third parties, such as appraisers, title ...

Loan Processor

Chicago, IL · On-site

$60K - $75K/yr

The Loan Processor's primary responsibility is to assist loan officers with bringing approved loans to funding by working closely with loan applicants and third parties, such as appraisers, title ...

DSCR Loan Processor

Thousand Oaks, CA · On-site +1

$28 - $30/hr

Position Summary Anchor Loans is seeking a Loan Processor dedicated to processing Debt Service CoverageRatio (DSCR) loans from initial application through funding while maintaining ...

Position Summary Anchor Loans is seeking a Loan Processor dedicated to processing Debt Service CoverageRatio (DSCR) loans from initial application through funding while maintaining ...

Closing, Funding & Loan Booking * Prepare commercial loan documents and modification documents for ... Book approved transactions accurately to the core system and process funding, disbursements ...

Closing, Funding & Loan Booking * Prepare commercial loan documents and modification documents for ... Book approved transactions accurately to the core system and process funding, disbursements ...

Closing, Funding & Loan Booking * Prepare commercial loan documents and modification documents for ... Book approved transactions accurately to the core system and process funding, disbursements ...

Loan Processor

San Diego, CA · On-site

$70K - $95K/yr

Responsibilities: • Own loan files from submission through funding with precision and urgency • Review, request, and process borrower documentation and loan conditions • Ensure all files meet ...

Loan Processor

Boulder, CO · On-site

$19.75 - $26.25/hr

Loan Processor Join Blue Sky Bank as a full-time Loan Processor! Ensure accuracy. Support lending ... Initiate funding entries and support loan disbursements. * Review UCC/EFS searches and complete all ...

Construction Loan Processor

Ontario, CA · On-site

$30.18 - $42.26/hr

Construction Loan Processor The Construction Loan Processor is responsible for administering ... funding of construction draws. The position ensures that all required documentation is complete and ...

Loan Processor

Knoxville, TN · Remote

$19.25 - $25.50/hr

The Loan File Manager is a highly experienced team member responsible for owning and managing land ... Coordinate across processing, underwriting, closing, funding, and external partners to obtain ...

Loan Processor

Tulsa, OK · On-site

$16.25 - $21.75/hr

Loan Processor Join Blue Sky Bank as a full-time Loan Processor! Ensure accuracy. Support lending ... Initiate funding entries and support loan disbursements. * Review UCC/EFS searches and complete all ...

Loan Processor

Knoxville, TN · On-site

$18 - $23.75/hr

Loan File Manager Job Locations: Jacksonville, FL or Knoxville, TN - On-Site or Hybrid Triad ... Coordinate across processing, underwriting, closing, funding, and external partners to obtain ...

Loan Processor

San Diego, CA · On-site

$20 - $26.50/hr

Responsibilities • Own loan files from submission through funding with precision and urgency • Review, request, and process borrower documentation and loan conditions • Ensure all files meet ...

Loan Processor

Plano, TX · On-site

$18 - $24/hr

... funding up to 15 units Education and/or Work Experience Requirements: * High School diploma or ... loan processing and automation systems Skills: * Proficient with MS Office * Knowledge of industry ...

Loan Processor

Knoxville, TN · On-site

$18 - $23.75/hr

The Loan File Manager is a highly experienced team member responsible for owning and managing land ... Coordinate across processing, underwriting, closing, funding, and external partners to obtain ...

Loan Processor

$19.25 - $25.50/hr

... funding documents, HMDA data collection, loan documentation checklists, and utilizing external ... Process payments to third-party vendors, including appraisers, insurance companies, and title ...

Loan Processor

$19.25 - $25.50/hr

... funding documents, HMDA data collection, loan documentation checklists, and utilizing external ... Process payments to third-party vendors, including appraisers, insurance companies, and title ...

Loan Processor

Gilbert, AZ · On-site

$18.75 - $25/hr

... Processor to manage business-purpose loan files from application through funding. The ideal ... Responsibilities Manage loan files from application through underwriting, closing, funding, and ...

Showing results 21-40

Loan Processor Funder information

See salary details

$28.5K

$50.9K

$94.5K

How much do loan processor funder jobs pay per year?

As of Sep 9, 2026, the average yearly pay for loan processor funder in the United States is $50,903.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $55,000.00 per year, depending on experience, location, and employer.

What does a loan processor funder do?

A Loan Processor Funder is responsible for reviewing, verifying, and processing loan applications, as well as ensuring all necessary documentation is complete and accurate. Once a loan is approved, they coordinate the disbursement of funds to the borrower or relevant parties. They act as a key liaison between lenders, underwriters, borrowers, and other involved parties to ensure smooth and timely loan closings. Their attention to detail helps prevent delays and ensures compliance with lending regulations.

What are the key skills and qualifications needed to thrive as a loan processor funder?

To thrive as a Loan Processor Funder, you need a solid understanding of mortgage lending, loan documentation, and regulatory compliance, usually supported by experience in banking or finance. Familiarity with loan origination systems (LOS), underwriting software, and industry-specific certifications like the NMLS are highly valued. Attention to detail, organizational skills, and strong communication are essential soft skills for managing multiple files and coordinating with clients and team members. These skills ensure accuracy, efficiency, and compliance throughout the loan funding process, which is critical for successful, timely closings.

What are some common challenges loan processor funders face when managing multiple loans simultaneously?

Loan Processor Funders often handle a high volume of loan files at various stages of the approval and funding process. Balancing strict deadlines, ensuring all documentation is complete, and keeping up with regulatory changes can be challenging. Effective organization, attention to detail, and strong communication skills are crucial for coordinating with underwriters, borrowers, and closing agents to prevent delays. Proactively managing priorities and staying updated on lending guidelines helps Loan Processor Funders maintain accuracy and efficiency.

What is the difference between Loan Processor Funder vs Loan Processor?

AspectLoan Processor FunderLoan Processor
CredentialsHigh school diploma, mortgage or loan processing certificationsHigh school diploma, mortgage or loan processing certifications
Work EnvironmentBank, mortgage company, or lending institutionBank, mortgage company, or lending institution
Primary RoleReviews loan files, prepares documents, and funds approved loansReviews loan applications, verifies information, and prepares files for approval

Both Loan Processor Funder and Loan Processor roles require similar credentials and work environments, often within banks or mortgage companies. The key difference is that Loan Processor Funders focus on finalizing and funding approved loans, while Loan Processors handle the initial review and processing of loan applications. Understanding these distinctions helps job seekers target the right roles in the lending industry.

How much do entry level loan processor funders make?

Entry-level loan processor funders typically earn between $35,000 and $50,000 annually, depending on location and company size. 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 financial documentation.

Is a loan processor a difficult job?

A loan processor is responsible for reviewing and verifying loan applications, which requires attention to detail, strong organizational skills, and knowledge of lending regulations. The job can be demanding due to tight deadlines and the need for accuracy, but it is generally manageable with proper training and experience.

What cities are hiring for Loan Processor Funder jobs?

Cities with the most Loan Processor Funder job openings:

What states have the most Loan Processor Funder jobs?

States with the most job openings for Loan Processor Funder jobs include:

What are popular job titles related to Loan Processor Funder jobs?

For Loan Processor Funder jobs, the most frequently searched job titles are:

Infographic showing various Loan Processor Funder job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 12% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.

Loan Processor

Chicago, IL • On-site

$60K - $75K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 18 days ago


Job description

Belmont Bank & Trust is seeking an experienced Commercial Loan Processor to join our team.  The successful candidate must have a strong understanding of loan processing, excellent organizational skills, and the ability to manage multiple loan files while ensuring accuracy, regulatory compliance, and exceptional customer service. 

Eligible employees will receive medical, dental, and vision insurance, paid time off, paid holidays, retirement savings plans with 6% employer contributions, life and disability insurance, tuition assistance, and professional development opportunities. 


Summary:

The Loan Processor’s primary responsibility is to assist loan officers with bringing approved loans to funding by working closely with loan applicants and third parties, such as appraisers, title companies and attorneys. The Loan Processor ensures the completeness of the loan file and prepares preliminary, closing and renewal loan documents in accordance with the approved terms, bank’s policies, and in compliance with federal and state regulations. The individual often works with little supervision and engages in judgment calls and decision-making.


Essential Duties and Responsibilities:

This position is responsible for, but not limited to, the following:

  • drafting loan documents using LaserPro® software in accordance with the approved terms and policies, and in compliance with federal and state regulations; 
  • scheduling and coordinating closings; 
  • carrying out closings either on-site or at a client’s location and submitting documents from said closings to title companies for recording and final title insurance policy;
  • funding of loans via wire, check or disbursement into client’s depository account and approving final disbursement with escrow agents; 
  • ensuring that funded loan files are complete and ready for booking onto bank’s loan accounting system;
  • requesting title searches, title policy commitments, UCC searches, insurance certificates, articles of organization, operating agreements, trust agreements, corporate by-laws and legal opinions;
  • analyzing documentation requested above to ensure bank’s collateral position can be perfected;
  • analyzing general liability, hazard and flood insurance certificates to ensure adequate coverage;
  • running OFAC checks and collecting information in accordance with Bank Secrecy Act;
  • post-funding tracking and review of documents perfecting the collateral. 


Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Education/Experience:

High school diploma or equivalent is necessary. Minimum two years of loan closing/documentation or related experience is required. Experience with LaserPro® or similar loan documentation software is preferred.


Language Ability:

Strong written and verbal skills are necessary. Candidate must be people-friendly with good communicative and interpersonal skills. The individual must be able to respond to inquiries from and be able to coordinate between multiple parties. 

 

Math Ability:

The Loan Processor should be able to calculate interest accrued, pay-off amounts, penalties and percentages, balance closing statements, and apply basic accounting principles as necessary.

 

Reasoning Ability:

The ability to solve practical problems with many variables, often in situations where only limited standardization exists, is necessary. The Loan Processor must deal with an array of inquiries from other lending personnel, clients, escrow agents, and attorneys. The candidate must read, analyze, and interpret a variety of loan documents, legal entity organizational documents, title and insurance policies, and bank’s internal policies and procedures.

 

Computer Skills:

Strong PC skills including word processing, spreadsheet, presentation, internet, and internal software are necessary. LaserPro or other loan documentation software experience is preferred.

 

Certificates and Licenses:

None are necessary.

 

Supervisory Responsibilities:

No supervisory responsibilities are associated with this position.

 

Work Environment:

The work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The individual will be required to multi-task, work as a part of a team, and uphold the image of the Bank. 

 

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand, walk, sit, use hands and fingers to handle, or feel, and talk or hear.


Monday - Friday 8:30 am- 5:00 pm
location: 8204 W Belmont Ave, Chicago IL 60634