1

Loan Processor Trainee Jobs (NOW HIRING)

Loan Officer Trainee

Troy, MI · On-site

$150K/yr

Mortgage Pros is investing in, and hiring Mortgage Loan Officer Trainees in our Troy office. You do ... What you'll do ⭐Learn how to guide clients through the mortgage process with clarity and ...

Loan Officer Trainee

Troy, MI · On-site

$150K/yr

Mortgage Pros is investing in, and hiring Mortgage Loan Officer Trainees in our Troy office. You do ... What you'll do ⭐Learn how to guide clients through the mortgage process with clarity and ...

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

Showing results 41-60

Loan Processor Trainee information

See salary details

$13

$21

$30

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:
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.

Mortgage Mastery Trainee-Licensing *

DR Horton, Inc.

Austin, TX • On-site

Full-time

Medical, Dental, Vision

Re-posted 5 days ago


D.R. Horton rating

7.4

Company rating: 7.4 out of 10

Based on 34 frontline employees who took The Breakroom Quiz

35th of 80 rated construction


Job description

D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website at www.drhorton.com for more information.
D.R. Horton, Inc. is currently looking for a Mortgage Mastery Trainee for their Corporate Mortgage Department, in addition to locations nationwide. The right candidate will develop overall mortgage skills to prepare teammates to move into other roles including: processing, closings, operations, or production.
Essential Duties and Responsibilities
  • Review file for correct stacking order, AU findings for initial determination and appropriate documentation.
  • Review Loan Officer's "needs list".
  • Re-review documentation in file, input any changes into the computer systems and re-run for a correct AU determination.
  • Print a "credit package".
  • Submit files to Underwriting.
  • Review conditions.
  • Provide loan status.
  • When all conditions are received, make appropriate adjustments in LOS and submit for final approvals.
  • Reconciliation.
  • Review Loan Processor reports daily.
  • Maintain accurate communication log and update LOS comments.
  • Attend department staff meetings as directed by Manager.
  • Other duties may be assigned.

Qualifications
  • Recent college graduate.
  • 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.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience
Bachelor's degree (B. A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.
Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including vision, medical and dental. Build YOUR future with D.R. Horton, America's Builder.

What D.R. Horton employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom