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Loan Processor Trainee Jobs (NOW HIRING)

Triad Financial

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

Loan Processor As a Loan Processor, you will play a vital role in our mortgage lending operations ... Having successfully completed training and a probationary period as a Trainee, you will utilize ...

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 ... Having successfully completed training and a probationary period as a trainee, you will utilize ...

Triad Financial Services Inc

Loan Processor

Anaheim, CA · On-site

$25.01/hr

Having successfully completed training and a probationary period as a Trainee, you will utilize ... Process loan files in compliance with company policies, regulatory guidelines, and investor ...

Triad Financial Services Inc

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

Having successfully completed training and a probationary period as a Trainee, you will utilize ... Process loan files in compliance with company policies, regulatory guidelines, and investor ...

Palm Harbor Homes

Loan Officer Trainee

Plano, TX · On-site

$26.44/hr

As a Loan Officer Trainee, you will collaborate with Loan Officers, Loan Processors, Lending Associates, Underwriting, Compliance team and other essential departments. The Loan Officer Trainee will ...

Golden State Farm Credit

Loan Officer Trainee

Chico, CA · On-site

$63K - $95K/yr

Golden State Farm Credit is seeking a Loan Officer Trainee to join our growing Credit team in Chico ... Work with management and teams to gain an understanding of the purpose and processes involved in ...

Golden State Farm Credit

Loan Officer Trainee

Chico, CA · On-site

$63K - $95K/yr

Golden State Farm Credit is seeking a Loan Officer Trainee to join our growing Credit team in Chico ... Work with management and teams to gain an understanding of the purpose and processes involved in ...

Golden State Farm Credit

Loan Officer Trainee

Hanford, CA · On-site

$63K - $95K/yr

The Loan Officer Trainee position is designed for individuals who are interested in developing a ... Work with management and teams to gain an understanding of the purpose and processes involved in ...

Golden State Farm Credit

Loan Officer Trainee

Willows, CA · On-site

$63K - $95K/yr

The Loan Officer Trainee position is designed for individuals who are interested in developing a ... Work with management and teams to gain an understanding of the purpose and processes involved in ...

DR Horton, Inc.

Mortgage Mastery Trainee - WA

Kirkland, WA · On-site

$45K - $62K/yr

Horton, Inc. is currently looking for a Mortgage Mastery Trainee for their Corporate Mortgage ... Review Loan Processor reports daily. * Maintain accurate communication log and update LOS comments.

DR Horton, Inc.

Mortgage Mastery Trainee-IT

Austin, TX · On-site

$39K - $54K/yr

Horton, Inc. is currently looking for a Mortgage Mastery Trainee for their Corporate Mortgage ... Review Loan Processor reports daily. * Maintain accurate communication log and update LOS comments.

MortgagePros

Loan Officer Trainee

Troy, MI · On-site

$13/hr

... our team as Loan Officer Trainees. This role is ideal for individuals looking to start or grow ... You will receive hands-on training, support through the licensing process, and the opportunity to ...

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Loan Processor Trainee information

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How much do loan processor trainee jobs pay per hour?

As of Aug 6, 2026, the average hourly pay for loan processor trainee in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What are some typical challenges a loan processor trainee might face when starting in the role?

As a Loan Processor Trainee, you may initially find it challenging to manage multiple loan files simultaneously while ensuring accuracy and compliance with lending regulations. Learning to interpret various financial documents and understanding lender-specific requirements can also require time and careful attention to detail. Additionally, balancing communication between loan officers, underwriters, and clients is crucial for keeping the process on track, so strong organizational and interpersonal skills are essential. With experience, these challenges become more manageable as you develop effective systems and gain familiarity with industry practices.

What are the key skills and qualifications needed to thrive as a loan processor trainee, and why are they important?

To thrive as a Loan Processor Trainee, you need a basic understanding of financial documentation, attention to detail, and at least a high school diploma or equivalent. Familiarity with loan origination systems, credit reporting tools, and document management software is typically required. Strong organizational skills, effective communication, and the ability to work under deadlines are standout soft skills in this position. These skills and qualities are crucial for accurately processing loan applications, ensuring regulatory compliance, and supporting a smooth lending process.

What is a loan processor trainee?

Loan Processor Trainees are entry-level professionals who assist in preparing and organizing loan application files for review by underwriters and loan officers. They learn how to collect, verify, and process documents related to mortgage or other loan applications. Their role involves ensuring all necessary paperwork is complete and compliant with lending regulations. Over time, they gain the skills needed to become full-fledged loan processors, contributing to a smooth and efficient loan approval process.

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

AspectLoan Processor TraineeLoan Processor
CredentialsTypically entry-level; may require a high school diploma or equivalentRequires experience; often a high school diploma or higher, with industry certifications
Work EnvironmentTraining environment, supervised, learning on the jobFull-time, independent role within banks or mortgage companies
ResponsibilitiesAssisting with document collection, learning loan processing proceduresReviewing documents, verifying information, preparing loan files

The main difference is that a Loan Processor Trainee is an entry-level position focused on learning and assisting, while a Loan Processor is a fully responsible role with established skills and experience. Trainees are in a learning phase, whereas processors handle the full scope of loan processing tasks independently.

More about Loan Processor Trainee jobs
What cities are hiring for Loan Processor Trainee jobs? Cities with the most Loan Processor Trainee 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 Trainee jobs? States with the most job openings for Loan Processor Trainee jobs include:
Loan Processor Trainee jobs near you
Infographic showing various Loan Processor Trainee job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Loan Processor

Triad Financial

Bourbonnais, IL • On-site

$18 - $24.25/hr

Other

Re-posted 8 days ago

Job description

Loan Processor

As a Loan Processor, you will play a vital role in our mortgage lending operations, responsible for efficiently processing loan files from application to closing. Having successfully completed training and a probationary period as a Trainee, you will utilize your expertise to collect and review borrower documents, communicate with customers, and collaborate closely with Loan Originators and Underwriters to ensure timely and accurate processing of loan applications.

Key Responsibilities:

  • Collect and review borrower documents, including income verification, credit reports, and property information, to ensure completeness and accuracy.
  • Process loan files in compliance with company policies, regulatory guidelines, and investor requirements.
  • Communicate with customers to request additional documents or information, provide status updates, and address inquiries throughout the loan process.
  • Work closely with Loan Originators and Underwriters to resolve issues, address conditions, and clear loan file for approval.
  • Maintain detailed and organized loan files, ensuring all documentation is properly documented and stored.
  • Verify data accuracy in loan origination system and other relevant software platforms.
  • Coordinate with third-party vendors, such as appraisers and title companies, to facilitate loan transactions.
  • Adhere to established timelines and service level agreements to meet closing deadlines.
  • Provide exceptional customer service, ensuring a positive experience for borrowers throughout the loan process.

Minimum Qualifications:

  • High school diploma or equivalent is mandatory; a college degree in finance or banking is preferred.
  • Previous experience of 2-3 years in a professional office setting is required, ideally in an administrative or mortgage assistant role.
  • Understanding of various loan products, including conventional loans, FHA, VA, adjustable/fixed-rate mortgages, etc., is essential.
  • Highly driven and goal-oriented, with exceptional customer service and communication capabilities.
  • Comfortable working in a dynamic, fast-paced environment.
  • Skilled in managing a loan pipeline and associated tasks to meet designated turn times effectively.
  • Proficient in Microsoft Office suite; capable of swiftly acquiring proficiency in the company's proprietary mortgage software products.

Physical Demands:

  • Capable of safely and proficiently performing essential job functions as per ADA, FMLA, and other relevant standards, meeting productivity criteria.
  • Maintain consistent, punctual attendance in compliance with ADA, FMLA, and other regulations.
  • Clear and articulate communication skills on the telephone.
  • Ability to sit at a workstation for extended periods.
  • Proficient in physical typing.

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