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Loan Processor Jobs in Iowa (NOW HIRING)

Primebank

Loan Processor

Sioux City, IA · On-site

$18.75 - $25/hr

... of loan processing experience, specifically loan document preparation, preferredKnowledge of commercial and/or residential mortgage processing functions Skills and AbilitiesAbility to identify ...

New

Primebank

Loan Processor

Sioux City, IA · On-site

$18.75 - $25/hr

A bachelor's degree in a related field or equivalent combination of education and experience Knowledge and Experience * 3+ years of loan processing experience, specifically loan document preparation ...

Prime Bank

Loan Processor

Sioux City, IA · On-site

$18.75 - $25/hr

A bachelor's degree in a related field or equivalent combination of education and experience Knowledge and Experience * 3+ years of loan processing experience, specifically loan document preparation ...

New

Premier Lending Alliance

Mortgage Loan Processor

Johnston, IA · On-site

$37K - $51K/yr

Mortgage Loan Processor Premier Lending Alliance | Johnston, IA | In office | Full time Mon - Fri 8:00 am to 5:00 pm About the RoleMost processing jobs hand you a piece of the loan. This one hands ...

Premier Lending Alliance

Mortgage Loan Processor

Johnston, IA · On-site

$37K - $51K/yr

Mortgage Loan Processor Premier Lending Alliance | Johnston, IA | In office | Full time Mon - Fri 8:00 am to 5:00 pm About the Role Most processing jobs hand you a piece of the loan. This one hands ...

Premier Lending Alliance

Mortgage Loan Processor

Johnston, IA · On-site

$37K - $51K/yr

Mortgage Loan Processor Premier Lending Alliance | Johnston, IA | In office | Full time Mon - Fri 8:00 am to 5:00 pm About the Role Most processing jobs hand you a piece of the loan. This one hands ...

SNB

Mortgage Loan Processor

Sioux City, IA

$39K - $54K/yr

MORTGAGE PROCESSING SPECIALIST As a Mortgage Loan Processor, you'll play a key role in the early and middle stages of the mortgage loan process. You'll manage a pipeline of mortgage loan files ...

SNB

Mortgage Loan Processor

Sioux City, IA · On-site

$39K - $54K/yr

MORTGAGE PROCESSING SPECIALIST As a Mortgage Loan Processor, you'll play a key role in the early and middle stages of the mortgage loan process. You'll manage a pipeline of mortgage loan files ...

SNB

Mortgage Loan Processor

Sioux City, IA · On-site

$39K - $54K/yr

MORTGAGE PROCESSING SPECIALIST As a Mortgage Loan Processor, you'll play a key role in the early and middle stages of the mortgage loan process. You'll manage a pipeline of mortgage loan files ...

Security National Bank

Mortgage Loan Processor

Sioux City, IA · On-site

$39K - $54K/yr

Mortgage Processing Specialist Be the reason mortgage loans move forward smoothly--keeping everything on track from application to approval. At Security National Bank, we believe something simple but ...

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All JobsLoan Processor JobsLoan Processor Jobs in Iowa

Loan Processor information

See Iowa salary details

$12

$20

$28

How much do loan processor jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for loan processor in Iowa is $20.01, according to ZipRecruiter salary data. Most workers in this role earn between $16.92 and $22.60 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 Iowa?

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

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

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

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

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

What cities in Iowa are hiring for Loan Processor jobs?

Cities in Iowa with the most Loan Processor job openings:

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

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

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Iowa as of August 2026, with employment types broken down into 2% As Needed, 81% Full Time, 14% Part Time, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $41,617 per year, or $20 per hour.

Loan Processor

Primebank

Sioux City, IA • On-site

$18.75 - $25/hr

Full-time

Posted 3 days ago

New

Job description

This position is responsible for the production of loan documentation and for providing support to lenders in the Sioux City Loan Department. Essential Duties and ResponsibilitiesPrepare and understand commercial, agricultural and consumer loan documents required for new notes, renewals, and extensions, with accuracyRequest credit bureau and flood determinationsMonitor loan files for completenessReview and reconcile daily reports, identifying and resolving any data discrepanciesMonitor loan exception reports – updating tracking systems and resolving documentation deficienciesPrepare HMDA reportingAssist customers with loan transactions, loan status and interest rate inquiriesQualificationsEducationA bachelor's degree in a related field or equivalent combination of education and experience Knowledge and Experience3+ years of loan processing experience, specifically loan document preparation, preferredKnowledge of commercial and/or residential mortgage processing functions Skills and AbilitiesAbility to identify missing items and perform tasks accuratelySuccessful customer service background Excellent verbal and written communication skillsProficient with Microsoft Office Suite softwareGeneral understanding of accounting and balancingAdvanced organization skillsIndependent thinker and self-motivatedAnalytical and problem resolution skills