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Loan Processor Trainee Jobs in Tennessee (NOW HIRING)

Develop new connections and maintain ones by engaging customers throughout the loan process and ... Management Trainee, Finance, Full-time, Career, Benefits, Customer experience, Financial ...

Develop new connections and maintain ones by engaging customers throughout the loan process and ... Management Trainee, Finance, Full-time, Career, Benefits, Customer experience, Financial ...

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Loan Processor Trainee information

See Tennessee salary details

$12

$19

$27

How much do loan processor trainee jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for loan processor trainee in Tennessee is $19.33, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $21.83 per hour, depending on experience, location, and employer.

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 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 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.

How much do entry level loan processors make?

Entry-level loan processors typically earn between $35,000 and $45,000 annually, depending on location and employer. Starting salaries may increase with relevant skills, certifications, and experience in loan processing software and procedures.

Is a loan processor a difficult job?

A loan processor trainee role involves reviewing financial documents, verifying information, and ensuring compliance with lending guidelines. The job requires attention to detail, organizational skills, and familiarity with loan software, but it is generally considered manageable with proper training and experience.

What qualifications do I need to be a loan processor trainee?

To become a loan processor trainee, candidates typically need a high school diploma or equivalent. Strong organizational skills, attention to detail, and basic knowledge of financial documents are important; some employers may prefer familiarity with loan processing software or customer service experience.

What are the most commonly searched types of Loan Processor jobs in Tennessee?

The most popular types of Loan Processor jobs in Tennessee are:

What cities in Tennessee are hiring for Loan Processor Trainee jobs?

Cities in Tennessee with the most Loan Processor Trainee job openings:

Retail Store Management Trainee - 2690

American Loan Company

Memphis, TN • On-site

$17.50 - $27.41/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 8 days ago


Job description

We are currently looking for the right

Retail Store Management Trainee

to join our Team!

$17.50 to $27.41 per hour

This role is designed for external retail assistant managers and store managers interested in "fast-tracking" into a Store Management position. This role requires a minimum of 1 year retail management experience.

Our retail sales associates can earn UP TO 8% on transactions, which could average an additional $11.97 per hour ON TOP OF YOUR HOURLY RATE.

Perks and Benefits

Comprehensive Medical, Dental, Vision, Life, Supplemental, and other voluntary options (eligibility required).

The best working hours in the business. Most stores open at 9AM and close at 6PM; many stores are closed on Sundays.

Our Earned Wage Access* program is available to all employees on the second (2nd) day of employment. Employees have access to withdraw (up to) 50% of the wages earned up to seven (7x) times in a payroll cycle.

The ability to earn unlimited commission above your hourly base rate.

VACATION: Employees are granted one week of paid vacation after completing six months of active, full-time service. Eligible employees are provided an additional week (40 hours) of vacation after completing one (1) year of active employment and two (2) weeks (80 hours) of vacation on each anniversary date thereafter (*if applicable, the PTO/Vacation grant is adjusted in accordance with state/local municipality requirements).120 hours after five (5) years.

SICK/PERSONAL: Eligible employees are granted 8 hours (after 6 months of employment) to be used before their first (1st) anniversary and granted 16 hours each anniversary thereafter (years 2-5) (if applicable, sick time is adjusted and granted in accordance with state/local municipality requirements).24 hours after five (5) years.

Employee discounts are available to all employees on the first day of active employment.

Tuition Reimbursement with FirstCash Education (allowing UP TO $2,000 per year) is available to full-time employees who meet the minimum program requirements.

Access to over 10,000 discounts from 1,000+ companies with FirstCash Perks!

Auto-enrollment in the FirstCash 401k program after six (6) months of employment

Access to the FirstCash Pet Insurance program

Position Summary:

We are seeking a Store Manager Trainee with a minimum of six (6+) months of Store Management experience. A Store Manager Trainee is accountable for the day-to-day operations of the store and promoting a positive/productive environment. This position will partner with the Store Manager to lead and develop store employees, recruit and retain top talent, maximize financial goals, and manage Customer Relations / Customer Satisfaction. This position sets the tone for a customer-centric environment!

Alongside the Store Manager, this position analyzes store financial statements to ensure financial goals are met. You will be required to commit to the company's asset protection program, promote our business, and target new customer acquisitions. All employees work with a wide variety of jewelry and general merchandise, including tools, electronics, firearms (*in FFL locations), and much more.

This position offers an hourly wage, PLUS Store Manager Trainees earn commission based on productivity and a bonus based on store performance! The actual pay of a successful Store Manager Trainee will be based on various factors, such as work location, qualifications, and experience.

Responsibilities of a Store Management Trainee are:

(This is a representative list of the general duties the Store Management Trainee position may be asked to perform and is not all-inclusive; other duties may be assigned as needed.)

Facilitate a customer-centric environment by engaging customers in a friendly and professional manner and rapidly addressing customer issues.

Monitor and assist in the training of Pawnbrokers so their development meets the prescribed FirstCash standards.

Recruit top talent by sourcing candidates through company-prescribed channels.

Opens and closes the store, including but not limited to, counting cash drawers and merchandise, and ensuring all procedures are followed to ensure the protection of assets.

Ensures asset protection through inventory control, property safety procedures, documentation, and securing customer loans.

Administer processes and procedures within the store, which include inventory, loan management, merchandising, store presentation, store systems, and enterprise-level reporting.

Evaluate the store's financial statements and drive profitability through communication and goal-setting.

Ensure that operating standards meet or exceed FirstCash standards.

Monitor loan qualification and buying processes to ensure the value and integrity of all loans issued.

Complete the assigned tasks and training for self-development as requested.

Communicate clearly with employees to ensure that they understand the store's mission and profit objectives.

Remain up-to-date on product knowledge.

The Assistant Store Manager acts as manager on duty in the absence of the Store Manager.

Other related duties as assigned.

Minimum Requirements & Qualifications

Must be willing and able to lift/carry up to 50 pounds.

Must be willing and able to perform duties and tasks for extended periods of time (in accordance with federal, state, local law) some of which include, but are not limited to, standing, stooping, walking, climbing, pushing, pulling, and lifting.

Demonstrated ability to effectively supervise others.

Ability to work with firearms and to become firearms certified.

Employees may be asked to assist a customer on the exterior of the building (within our parking lots) or to retrieve products stored in exterior storage buildings or other areas.

Minimum Age: 18 years old

High School Diploma, GED, or equivalent experience

Should be able to work in multiple locations, as business needs dictate.

Must have the ability to work a flexible retail schedule based on business needs, including weekends and holidays.

Store Manager Trainee will work 45+ hours a week. Hours worked are based on the needs of the business and are not guaranteed.

Computer literate and able to operate Point-Of-Sale (POS) systems and common office machines.

Ability to multi-task in a fast-paced environment

Detail-oriented with strong organizational skills.

Analytical skills

Cash handling experience is required.

Ability to work independently with minimal supervision.

Excellent work ethic and strong business sense.

Bilingual applicants are encouraged to apply!

Commission Plan Information

The employee commission incentive plan is proprietary to FirstCash. Store Manager Trainee's have the potential to earn 2-8% commission, based on the gross profit of their personal performance. Applicants are provided with more details regarding the commission incentive plan during the interview process.

Note:The information contained in this description is not intended to be an all-inclusive list of the duties and responsibilities of this job or the skills and abilities required to do the job. Management has the discretion to assign/reassign duties and responsibilities to this job at any time. Duties and responsibilities may be subject to change at any time due to reasonable accommodation or other reasons.

Should you be offered and accept a position with us, the company requires all employees to agree to a binding arbitration agreement to resolve disputes.

Payrates will not be below any applicable local minimum wage requirements.

* Earned Wage Access is a service provided by NetSpend; signup to this program by the employee is required; restrictions and fees apply.

** FirstCash 401K program is available to all employees 21 years of age (or older).

***Maximum base payrate is derived from the applicant's previous experience and skill sets applicable to the specific position needing to be filled.

Submission of your application confirms your "opt-in" desire to receive additional phone, text and email communications from the FirstCash Talent Acquisition Team. These communications include information about the specific job being applied for and other potential opportunities available within the FirstCash job opportunity network. Message and data rates may apply. You can unsubscribe to text messages by replying STOP within the message at any time. You can unsubscribe from email communications by clicking unsubscribe, within the email, at any time. Visit https://firstcash.com/privacy-policy for additional questions or information.

FirstCash Holdings, Inc. is an Equal Opportunity Employer
It is the policy of FirstCash to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, FirstCash will provide reasonable accommodations for qualified individuals with disabilities.