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Loan Processor Jobs in Alhambra, CA (NOW HIRING)

US Realty & Mortgage Inc

Loan Processor

Whittier, CA · On-site

$2.0K - $4.0K/mo (+ commission)

Loan processor duties and responsibilities will include analysis of the loan file from initial opening to drawing loan documents for final docs and everything in between. Responsibilities * Perform ...

Peregrine Team

Loan Processor

Los Angeles, CA · On-site

$55K - $70K/yr

We are seeking a Loan Processor to manage loan applications and ensure all documentation is accurate and complete throughout the lending lifecycle. This role is essential in maintaining efficiency ...

US Realty & Mortgage Inc

Loan Processor

Whittier, CA · On-site

$2.0K - $4.0K/mo (+ commission)

Loan processor duties and responsibilities will include analysis of the loan file from initial opening to drawing loan documents for final docs and everything in between. Responsibilities * Perform ...

East West Bank

Loan Processor

El Monte, CA · On-site

$20/hr

The Loan Processor is responsible for reviewing loan applications for completeness and accuracy, verifying supporting income, asset and liability documentation. The applicant is expected to ...

East West Bank

Loan Processor

El Monte, CA · On-site

$20 - $31/hr

The Loan Processor is responsible for reviewing loan applications for completeness and accuracy, verifying supporting income, asset and liability documentation. The applicant is expected to ...

Royal Business Bank

Loan Processor

Los Angeles, CA · On-site

$20.25 - $27/hr

JOB SUMMARY Responsible for routing mortgage loan files through internal processing systems and obtain information needed to assist in completing a file for approval and closing; Complies with all ...

LoanGuys.com

Mortgage Loan Processor

Los Angeles, CA · On-site

$43K - $59K/yr

Mortgage Loan Processor - In-House Processor LoanGuys.com -- Woodland Hills, CA ***DO NOT APPLY IF YOU DO NOT HAVE PRIOR EXPERIENCE*** ***NOT A REMOTE POSITION*** Mortgage Loan Processor A Mortgage ...

Mmc,-LLC-

Mortgage Loan Processor

Vernon, CA · On-site

$71.64/hr

The Loan Processor collaborates closely with the Loan Processing Manager to prioritize workflow, stay current on loan program requirements, and consistently meet monthly funding goals while ...

New

Lendistry

Mortgage Loan Processor

Los Angeles, CA · On-site

$25 - $33/hr

The Loan Processor collaborates closely with the Loan Processing Manager to prioritize workflow, stay current on loan program requirements, and consistently meet monthly funding goals while ...

Genesis Capital

Loan Analyst/Loan Processor

Sherman Oaks, CA · On-site

$19.50 - $26/hr

Update internal loan processing system which include data fields, transactional documentation, and notes. * Responsible for requesting and reviewing prior to doc, prior to funding and post-closing ...

Cathay Bank

Mortgage Loan Processor

El Monte, CA · On-site

$20 - $28/hr

Process assigned loan files in a timely manner to meet departmental service level agreements (SLAs). * Communicate effectively with borrowers, Mortgage Loan Originators, underwriters, and third-party ...

Robert Half

Loan Processor - Support

Los Angeles, CA · On-site

$24.06 - $27.86/hr

We are looking for a meticulous, detail-oriented Loan Processor - Support team member to join a long-term contract opportunity in California. In this role, you will help move loan files efficiently ...

Hanmi Bank

Mortgage Loan Processor

Los Angeles, CA · On-site

$43K - $59K/yr

SUMMARY The Mortgage Loan Processor is responsible for accurately managing loan documentation through our established systems, and reviewing it to ensure it is completed in full and complies with ...

Hanmi Bank

Mortgage Loan Processor

Los Angeles, CA · On-site

$49K - $73K/yr

SUMMARY The Mortgage Loan Processor is responsible for accurately managing loan documentation through our established systems, and reviewing it to ensure it is completed in full and complies with ...

First City Credit Union

Consumer Loan Processor I

Altadena, CA · On-site

$21.75 - $27.25/hr

The Consumer Loan Processor I will assume, but not be limited to, the following responsibilities: * Ability to handle a high volume of loan applications submitted via various channels such as online ...

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All JobsLoan Processor JobsLoan Processor Jobs in Alhambra, CA

Loan Processor information

See Alhambra, CA salary details

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How much do loan processor jobs pay per hour?

As of Sep 3, 2026, the average hourly pay for loan processor in Alhambra, CA is $22.47, according to ZipRecruiter salary data. Most workers in this role earn between $18.99 and $25.34 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

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What cities near Alhambra, CA are hiring for Loan Processor jobs?

Cities near Alhambra, CA with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Alhambra, CA as of August 2026, with employment types broken down into 89% Full Time, and 11% Part Time. Highlights an 90% In-person, 5% Hybrid, and 5% Remote job distribution, with an average salary of $46,728 per year, or $22.5 per hour.

Loan Processor

US Realty & Mortgage Inc

Whittier, CA • On-site

$2.0K - $4.0K/mo (+ commission)

Part-time

Re-posted 13 days ago

Job description

LOOKING FOR PART-TIME TO FULL TIME. NOT A REMOTE JOB!  Willing to drive to Whittier, CA daily.

We are looking for a HIGH ENERGY, DETAILED and reliable Loan Processor to individual loans. You will undertake an intermediary role between wholesale lenders and our inside team. We are looking for qualified applicants to process loans in a timely manner with outstanding customer service, writing and phone skills. Loan processor duties and responsibilities will include analysis of the loan file from initial opening to drawing loan documents for final docs and everything in between.

Responsibilities

  • Perform initial review of the loan file
  • Collect and package the loan file for submission to the underwriter
  • Document the file and reach out to all participants for updated documents (Credit/income/Assets/Insurance/etc.)
  • Obtain loan applications daily
  • Edit application, or input application through Point and download to Automated Underwriting System (Desktop Underwriter) and run credit to obtain pre-approval
  • Document borrower information provided in application
  • Submit file to underwriter for Pre-Approval
  • Notify Loan Originator (Loan Advisor, A-List, or Loan Consultant) regarding prequalification, requirements, and decision (approval, counteroffer, denial)
  • Obtain all conditions required from borrower (i.e. income documentation, assets/bank statements, purchase contract and escrow instructions if purchase transaction)
  • Analyze all forms of income documentation
  • Send preapproval letter to borrower upon request
  • Maintain open communication with the borrower or Loan Originator

Skills

  • Be able to work in an office
  • Proven 3-5 year working experience in a loan processor role
  • Good knowledge of Calyx software and MS Office
  • Comprehension of direct/indirect lending procedures
  • In-depth understanding of relevant rules and regulations
  • Excellent communication and sales skills
  • Balance between customer satisfaction orientation and a results driven approach

Job Type: Part Time to Full-time as business picks up

Company Description

We are a Real Estate Firm and Mortgage Company. Please call Elizabeth @ 323-833-1957 or email resume to elizabeth@eresmortgage.com