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Loan Processor Jobs in Alabama (NOW HIRING)

First South Farm Credit

Loan Processor

Ozark, AL · On-site

$16.75 - $22.50/hr

Processes loans daily, checking accounting accuracy and adherence to policy and procedures. May close loans and disburse proceeds to borrowers. * Ensures that existing and potential member/borrowers ...

First South

Loan Processor

Ozark, AL · On-site

$16.75 - $22.50/hr

Processes loans daily, checking accounting accuracy and adherence to policy and procedures. May close loans and disburse proceeds to borrowers. - Ensures that existing and potential member/borrowers ...

First South Farm Credit

Loan Processor

Ozark, AL · On-site

$16.75 - $22.50/hr

Processes loans daily, checking accounting accuracy and adherence to policy and procedures. May close loans and disburse proceeds to borrowers. * Ensures that existing and potential member/borrowers ...

Local Bank

Commercial Loan Processor

Tuscaloosa, AL · On-site

The Commercial Loan Processor is responsible for supporting the commercial lending team by managing the processing and documentation of commercial loan applications from origination through closing.

Local Bank

Mortgage Loan Processor

Tuscaloosa, AL · On-site

$33K - $45K/yr

The Mortgage Loan Processor is responsible for managing the loan file from the time of application through final approval. This role requires attention to detail, strong organizational skills, and ...

America's First

Mortgage Loan Processor

Birmingham, AL · On-site

$37K - $51K/yr

Process files from opening through closing of each loan. Take ownership of loan files once received from mortgage loan officer. Be primary contact for all parties involved in the process of the ...

Hilltop Holdings

Loan Originator NE

Montgomery, AL · On-site

Oversees the loan process by monitoring loan status and ensures conformity with terms. * Communicates loan status to all interested parties, and obtains loan documentation after closing. * Presents ...

Southern Independent Bank

Loan Assistant

Opp, AL · On-site

$33K - $41K/yr

Daily responsibilities include coordinating loan processing activities, gathering required documentation, tracking file status, and ensuring compliance with bank policies and regulatory requirements.

New

SmartBank

Mortgage Loan Officer

Cedar Bluff, AL · On-site

Works with loan processor in gathering requested documents and necessary signatures for loan files. * Orders credit reports and analyzes the credit history of applicants to determine their loan ...

Valley Bank

Lending Specialist

Birmingham, AL · On-site

Ensure initial loan funding (if there is a draw at close) and ongoing life of loan activity (payments, draws, payoffs, etc.) are properly processed and booked with downstream stakeholders.

Local Bank

Mortgage Loan Originator

Tuscaloosa, AL · On-site

Loan Origination & Processing * Assist borrowers with mortgage pre-qualification, pre-approvals, and full loan applications. * Collect and verify financial documentation to ensure complete and ...

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Loan Processor information

See Alabama salary details

$12

$19

$27

How much do loan processor jobs pay per hour?

As of Sep 3, 2026, the average hourly pay for loan processor in Alabama is $19.31, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $21.78 per hour, depending on experience, location, and employer.

What is a loan processor?

Loan processors are financial professionals who review, verify, and organize loan applications before they are approved by underwriters. They collect necessary documentation from applicants, ensure all information is accurate, and communicate with borrowers and lenders throughout the process. Their primary goal is to make sure the loan file is complete and complies with lending regulations, helping to facilitate a smooth and timely loan approval.

What does a loan processor do?

A loan processor reviews loan applications before sending them to the underwriter for approval. As a loan processor, your responsibilities and duties include organizing required documents and verifying the accuracy and completeness of the loan application. You work as the intermediary between the loan officer and the underwriter, so you will not usually have direct contact with the customer. A good loan processor has excellent data and organizational skills, which are needed to succeed in this career.

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

To thrive as a Loan Processor, you need a solid understanding of loan origination, financial documentation review, and regulatory compliance, often supported by experience in banking or finance. Familiarity with loan processing software like Encompass, Calyx Point, and knowledge of relevant regulations such as RESPA and TILA are typically required. Attention to detail, strong organizational skills, and effective communication make someone stand out in this position. These skills and qualities are crucial to ensure accurate, timely loan approvals and maintain compliance, ultimately supporting customer satisfaction and organizational success.

What are some common challenges faced by loan processors, and how can they be managed effectively?

Loan Processors often encounter challenges such as tight deadlines, managing large volumes of documentation, and coordinating with multiple parties like underwriters, loan officers, and clients. Staying organized and maintaining clear communication are key to handling these pressures. Many successful Loan Processors use checklists and digital tools to track document status and follow up regularly with all stakeholders, which helps ensure loans are processed efficiently and accurately.

What is the difference between Loan Processor vs Loan Underwriter?

AspectLoan ProcessorLoan Underwriter
Primary RolePrepares and reviews loan documents, gathers borrower informationAssesses loan risk and approves or declines loan applications
Required CredentialsHigh school diploma, some certifications preferredTypically requires mortgage or financial certifications
Work EnvironmentOffice setting, working closely with loan officers and applicantsOffice environment, analyzing financial data and risk
Industry UsageCommon in mortgage and banking sectorsIntegral to mortgage lending and financial institutions

While both roles are essential in the loan process, a Loan Processor focuses on preparing and verifying documents, whereas a Loan Underwriter evaluates the risk and makes approval decisions. Understanding these differences helps in choosing the right career path or job focus within the lending industry.

Can I work remotely as a loan processor?

Loan processors can often work remotely, especially with the increased use of digital document management and communication tools. Many companies offer remote or hybrid schedules, but specific arrangements depend on employer policies and the need for secure handling of sensitive financial information.

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 financial regulations.
More about Loan Processor jobs

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

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

What are popular job titles related to Loan Processor jobs in Alabama?

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

What job categories do people searching Loan Processor jobs in Alabama look for?

The top searched job categories for Loan Processor jobs in Alabama are:

What cities in Alabama are hiring for Loan Processor jobs?

Cities in Alabama with the most Loan Processor job openings:

What are popular job titles related to Loan Processor jobs in AL?

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

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Alabama as of August 2026, with employment types broken down into 100% Full Time. Highlights an 95% In-person, and 5% Remote job distribution, with an average salary of $40,160 per year, or $19.3 per hour.

Loan Processor

First South Farm Credit

Ozark, AL • On-site

$16.75 - $22.50/hr

Full-time

Re-posted 5 days ago

Job description

SUMMARY

Performs a wide range of activities related to the issuing of credit and maintaining lending relationships.  Activities include completing of loan papers and legal documents, disbursing loan proceeds, receiving loan payments and maintenance of monitoring systems.   Duties can also include greeting customers, answering telephone, typing, filing and other delegated duties under the supervision of the branch manager as required to maintain the daytoday operations of the branch office.

RESPONSIBILITIES/DUTIES

  • Prepares and checks basic loan papers including applications, supporting papers, commitments, and closing papers.  Processes loans daily, checking accounting accuracy and adherence to policy and procedures.  May close loans and disburse proceeds to borrowers.
  • Ensures that existing and potential member/borrowers receive prompt, courteous service, and provides general information as to policies and procedures.
  • Assists in posting and depositing incoming payments, including all necessary accounting reports and disbursement of loan funds.
  • Completes routine secretarial duties such as scheduling, typing, filing, organizing, and handling association correspondence; assists in preparation of required branch office reports.
  • Assists in ensuring that required collateral insurance, current financing statements, and other required timecritical items (such as association collection policy) are properly maintained.
  • Other miscellaneous duties related to the overall function of the Association.

REQUIRED EXPERIENCE

High school education or GED equivalent with at least (2) two years of specialized secretarial training or equivalent experience.  Must be able to perform most duties under moderate supervision and exercise a reasonable amount of judgment.

PREFERRED EXPERIENCE

Strong preference for experience with legal document preparation and/or monitoring of time sensitive functions.

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