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Loan Processor Jobs in Indiana (NOW HIRING)

Mutual of Omaha Mortgage

Loan Processor

Indianapolis, IN · On-site

$18 - $24/hr

Mortgage Loan Processor Mutual of Omaha Mortgage is a full-service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing ...

Mutual of Omaha Mortgage

Loan Processor

Indianapolis, IN · On-site

$18 - $24/hr

Effectively manage and process a full pipeline of mortgage loan files (25-30) * Evaluate loan files for regulatory compliance and completeness * Accurately review and input pertinent loan data into ...

Owen County State Bank

Loan Processor

Spencer, IN · On-site

$16 - $21.50/hr

Processing loan and participation payments. * Maintain and process titled collateral. * Provide secretarial support for loan officers. * Proofread loans - Personal, auto and commercial loans. * Scan ...

Natco Credit Union

Mortgage Loan Processor

Richmond, IN · On-site

$35K - $49K/yr

Mortgage Loan Processor JOB CODE: MLP EMPLOYER: Natco Credit Union DEPARTMENT: Lending REPORTS TO: Mortgage Loan Manager EFFECTIVE DATE: 08/21/2026 REVISED DATE: SUMMARY: Supports the mortgage and ...

Natco Credit Union

Mortgage Loan Processor

Richmond, IN · On-site

$20/hr

Mortgage Loan Processor JOB CODE: MLP EMPLOYER: Natco Credit Union DEPARTMENT: Lending REPORTS TO: Mortgage Loan Manager EFFECTIVE DATE: 08/21/2026 REVISED DATE: SUMMARY: Supports the mortgage and ...

Farmers State Bank

Mortgage Loan Processor

Lagrange, IN · On-site

$15.43 - $25.72/hr

This position requires handling more complex transactions and assignments in the loan processing area. Essential Job Functions: * Accurately preparing loan documents. Ensure that adequate ...

Farmers State Bank

Mortgage Loan Processor

Lagrange, IN · On-site

$20.57 - $25.72/hr

This position requires handling more complex transactions and assignments in the loan processing area. Essential Job Functions: * Accurately preparing loan documents. Ensure that adequate ...

Owen County State Bank

Loan Processor

Spencer, IN · On-site

$16 - $21.50/hr

Job Title Location 201 West Morgan Street, Spencer, IN, 47460, United States Job Category Customer Service, Banking, Lending Industry Banking, Mortgage Lending, Customer Service Employee Type ...

First Financial Bank NA

Mortgage Loan Processor

Evansville, IN · On-site

$34K - $47K/yr

Mortgage Loan Processor Location: Indiana, Illinois, Kentucky, Tennessee, or Kentucky (Onsite) Status: Full-Time, Hourly Non-Exempt Why Join First Financial Bank? At First Financial Bank, we know the ...

First Financial Bank NA

Mortgage Loan Processor

Carmel, IN · On-site

$37K - $52K/yr

Mortgage Loan Processor Location: Indiana, Illinois, Kentucky, Tennessee, or Kentucky (Onsite) Status: Full-Time, Hourly Non-Exempt Why Join First Financial Bank? At First Financial Bank, we know the ...

First Financial Bank NA

Mortgage Loan Processor

Fort Wayne, IN · On-site

$39K - $54K/yr

Mortgage Loan Processor Location: Indiana, Illinois, Kentucky, Tennessee, or Kentucky (Onsite) Status: Full-Time, Hourly Non-Exempt Why Join First Financial Bank? At First Financial Bank, we know the ...

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Loan Processor information

See Indiana salary details

$13

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$29

How much do loan processor jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for loan processor in Indiana is $20.27, according to ZipRecruiter salary data. Most workers in this role earn between $17.16 and $22.88 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 Indiana?

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

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

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

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

What cities in Indiana are hiring for Loan Processor jobs?

Cities in Indiana with the most Loan Processor job openings:

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

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

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 14% Part Time, and 4% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $42,162 per year, or $20.3 per hour.

Loan Processor

Mutual of Omaha Mortgage

Indianapolis, IN • On-site

$18 - $24/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 29 days ago

Job description

Mortgage Loan Processor

Mutual of Omaha Mortgage is a full-service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing, specialty, and HECM loans. We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none. If you are interested in joining a team that promotes from within and works together toward a common goal of helping customers with their mortgage needs, please review and apply for our opening below!

Duties and Responsibilities
  • Effectively manage and process a full pipeline of mortgage loan files (25-30)
  • Evaluate loan files for regulatory compliance and completeness
  • Accurately review and input pertinent loan data into operational systems
  • Order supplementary vendor products, such as title reports and property appraisals
  • Obtain required underwriting conditions from loan officer and/or loan applicant(s)
  • Communicate pipeline and file status to retail sales channels and management
  • Work closely with all operational departments to establish productive and efficient workflows
  • Complete required checklists and worksheets
Experience and Education:
  • Previous experience in mortgage loan processing required
  • Bachelor's degree preferred, but not required
  • Excellent computer skills with the ability to learn new systems
  • Knowledge of MS Office products
  • Strong customer service and time management skills a must
  • Highly motivated and determined to succeed in a competitive, time sensitive industry

Mutual of Omaha Mortgage is an Equal Opportunity Employer, and we encourage diverse, talented, qualified applicants to apply. We offer an extensive compensation package. Benefits include:

  • Vacation — Vacation hours accrue on a per pay period basis. Balance maximums are based on years of service.
  • Paid Sick Time — 40 hours of paid sick time after 90 days of employment. State sick time requirements will be added as needed.
  • 9 Paid Holidays + 1 Cultural Celebration Day (Floating Holiday)
  • Multiple PPO Medical Plans, as well as HDHP eligible plan.
  • Dental Coverage
  • Vision Coverage
  • Company Paid Life Insurance
  • 401K with a generous employer match
  • Additional Benefits including – Optional Life, FSA, Pet Insurance etc.
  • Free Legal Services
  • Employee Loan Program

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