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Loan Processor Jobs in Indiana (NOW HIRING)

Commercial Loan Processor

Converse, IN ยท On-site

$18 - $22/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Description Commercial Loan Processor Converse, IN $18-$22/hr - depending on experience About First Farmers Bank & Trust First Farmers Bank & Trust has been proudly serving families, farms, and ...

Mortgage Loan Processor

Kokomo, IN ยท On-site

$19 - $21/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Mortgage Loan Processor Kokomo, IN $19.00-$21/hr depending on experience First Farmers Bank & Trust has been proudly serving families, farms, and businesses since 1885, building relationships rooted ...

Mortgage Loan Processor

Evansville, IN ยท On-site

$34K - $47K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

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 ...

Mortgage Loan Processor

Terre Haute, IN ยท On-site

$38K - $52K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

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 ...

Mortgage Loan Processor

Evansville, IN ยท On-site

$38K - $52K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Liberty FCU, a full-service credit union, is currently seeking an experienced Mortgage Loan Processor to join our team. The successful applicant will be responsible for accurately managing ...

Mortgage Loan Processor

Kokomo, IN

$19 - $21/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Description Mortgage Loan Processor Kokomo, IN $19.00-$21/hr depending on experience About First Farmers Bank & Trust First Farmers Bank & Trust has been proudly serving families, farms, and ...

Mortgage Loan Processor

Carmel, IN ยท On-site

$37K - $52K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

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 ...

Mortgage Loan Processor

Fort Wayne, IN ยท On-site

$39K - $54K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

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 ...

Loan Processor

Spencer, IN ยท 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 ...

Mortgage Loan Processor

Kokomo, IN ยท On-site

$35K - $48K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Note: We are filling one Mortgage Loan Processor opening at the credit union. This position could be based at various Beacon locations in Indiana with available office space. Role To complete ...

Mortgage Loan Processor

Kokomo, IN ยท On-site

$36K - $49K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Mortgage Loan Processor To complete mortgage loan file from application to closing while working collaboratively with the Mortgage Loan Originators to provide prompt, accurate, and courteous service ...

Mortgage Loan Processor

Kokomo, IN ยท On-site

$35K - $48K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

We are filling one Mortgage Loan Processor opening at the credit union. This position could be based at various Beacon locations in Indiana with available office space. RoleTo complete mortgage loan ...

Mortgage Loan Processor

New Albany, IN ยท On-site

$37K - $50K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

We are filling one Mortgage Loan Processor opening at the credit union. This position could be based at various Beacon locations in Indiana with available office space. RoleTo complete mortgage loan ...

Mortgage Loan Processor

New Albany, IN ยท On-site

$37K - $50K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Note: We are filling one Mortgage Loan Processor opening at the credit union. This position could be based at various Beacon locations in Indiana with available office space. Role To complete ...

SBA Loan Processor I

Fishers, IN ยท On-site

$17.50 - $23.50/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

You will support the end-to-end loan process of SBA applications from collecting documentation to final preparation of submission packages, working across all functions of SBA loan origination to ...

SBA Loan Processor I

Fishers, IN ยท On-site

$17.75 - $23.50/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

You will support the end-to-end loan process of SBA applications from collecting documentation to final preparation of submission packages, working across all functions of SBA loan origination to ...

SBA Loan Processor I

Fishers, IN ยท On-site

$17.75 - $23.50/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

You will support the end-to-end loan process of SBA applications from collecting documentation to final preparation of submission packages, working across all functions of SBA loan origination to ...

Showing results 21-40

Loan Processor information

See Indiana salary details

$13

$20

$29

How much do loan processor jobs pay per hour?

As of Aug 18, 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.

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

The most popular types of 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:

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.

Commercial Loan Processor

First Farmers Bank & Trust

Converse, IN โ€ข On-site

$18 - $22/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 11 days ago


Job description

Description

Commercial Loan Processorย 

Converse, IN

$18-$22/hr - depending on experienceย 


About First Farmers Bank & Trust

First Farmers Bank & Trust has been proudly serving families, farms, and businesses since 1885, building relationships rooted in trust and community. With over 140 years of experience, we've grown to become one of the largest community banks in Indiana and Illinois, offering a full range of financial services-from personal and business banking to agricultural lending and mortgage solutions.


Our mission is simple: deliver personalized financial services while fostering strong relationships that help our communities thrive. We believe in combining today's digital banking convenience with the traditional values of integrity, perseverance, and customer care.


With 37 branches in Indiana and Illinois, we remain deeply committed to the communities we serve. Through initiatives like financial education programs, scholarships, volunteerism, and local partnerships, we invest in what matters most-people.

At First Farmers, we also invest in our employees. We offer competitive benefits, opportunities for professional growth, and a culture that values collaboration and community engagement. When you join our team, you're not just starting a job-you're joining a company built on heart and grit.


Position Summary:

Assembles proper loan documentation for commercial and agricultural loan packages and provides support for our loan processing system. Performs variety of clerical duties requiring knowledge of departmental procedures and commercial loan documentation. Assembles and verifies loan documents for accuracy. Maintains and sets up files on each loan and ensures that information is complete and accurate before processing to the loan officer for approval. Provides administrative support to all Commercial/Ag lenders.


Key Responsibilities:

  • Prepare loan documents; prepare tickets, etc. as needed
  • Leases - process new leases; generate weekly and monthly reports for SCI
  • Maintain proper documentation on all FSA, SBA, Agri-Access and Farmer Mac loans
  • Assist in processing of loan requests - research loans, codes and collateral
  • Prepare mortgage releases
  • Assist loan officers as needed; including various administrative tasks
  • Insure proper perfection of security for loans
  • Track exception documents and verify receipt thereof
  • Maintain ticklers
  • Ensure schedules and deadlines are met
  • Be knowledgeable of loan documentation and regulationย 
  • Perform additional duties as assigned

Requirements

Minimum Qualifications

  • Proven ability to successfully manage multiple tasks at the same time
  • Proven ability to accurately prepare and deliver documentation, projects, and tasksย 


Preferred Qualifications

  • Prior experience working with systems such as Navigator, ComplianceOne, and Director


Skillsย 

  • Must be able to deal tactfully and efficiently with bank customers in handling problems of a relatively complex nature
  • Skilled in Microsoft Office Suite (Word, Excel, Outlook)
  • Strong communication and phone skills, confidentiality and basic computer skills are desired


Physical Requirements/Working Conditions:

  • Normal office environment
  • Extended viewing of computer screens
  • Moderate lifting up to 25 pounds
  • Repetitive hand and arm movement

Benefits Overview:

At First Farmers Bank & Trust, we offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance:


Health & Wellness

  • Medical Insurance (eligible on date of hire) with options for High Deductible Health Plan (HDHP) and Co-Pay Plan
  • Vision Coverage
  • Dental Coverage
  • Prescription Plan
  • Wellness Incentive - earn up to $25 per pay period toward premium reduction


Financial Security

  • Life & Accidental Death & Dismemberment Insurance - 100% employer-paid
  • Short & Long-Term Disability Insurance - 100% employer-paid
  • 401(k) Plan
  • Profit Sharing Stock Option
  • Health Savings Account (HSA) contributions for HDHP participants


Paid Time Off

  • Vacation time
  • Sick Time
  • Personal Day
  • 11 Paid Holidays
  • Paid Bereavement


Additional Benefits

  • Paid time to volunteer (when representing FFBT and supervisor approved)
  • Voluntary Donated PTO Program
  • Employee Assistance Program
  • Travel Assistance Program
  • Educational Assistance Program
  • Corporate Discounts
  • Employee Referral Program
  • Stock Purchase Loan Option
  • Retirement Plan Counseling
  • Wellness Program
  • Gym Reimbursement
  • Employee Quarterly Recognition Program
  • AFLAC supplemental benefits
  • Cincinnati Life supplemental coverage
  • Family Medical Leave
  • Paid Bereavement Leave
  • Maternity Leave Policy