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Loan Processor Jobs in Batavia, IL (NOW HIRING)

PeopleFirst Bank

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Loan Operations Specialist

Joliet, IL · On-site

$20 - $25/hr

Process loan requests and order all due diligence (credit, flood, ucc, ofac, goodstanding, etc) * Order appraisal bids and process engagement letter. * Review daily file maintenance. * Review new ...

New

M/I Homes

Loan Specialist

Naperville, IL · On-site

$24.04 - $36.57/hr

Processes applicable documentation for FHA, VA and Conventional mortgage loan applications and prepares required packages for loan approval. Hourly Rate : $24.04 - $36.57 per hour. This position is ...

M/I Homes

Loan Specialist

Naperville, IL · On-site

$24.04 - $36.57/hr

Processes applicable documentation for FHA, VA and Conventional mortgage loan applications and prepares required packages for loan approval. Hourly Rate : $24.04 - $36.57 per hour. This position is ...

M/I Homes

Loan Specialist

Naperville, IL · On-site

$24.04 - $36.57/hr

Processes applicable documentation for FHA, VA and Conventional mortgage loan applications and prepares required packages for loan approval. Hourly Rate : $24.04 - $36.57 per hour. This position is ...

M/I Homes

Loan Specialist

Naperville, IL · On-site

$24.04 - $36.57/hr

Processes applicable documentation for FHA, VA and Conventional mortgage loan applications and prepares required packages for loan approval. Hourly Rate : $24.04 - $36.57 per hour. This position is ...

Dunmor

Loan Originator

Chicago, IL · On-site +1

Partner with internal teams such as Processing, Underwriting, and Valuations to ensure smooth and timely loan processing. * Act as a liaison between clients and operations to overcome challenges and ...

NVR Inc

Mortgage Loan Officer

Naperville, IL · On-site

$33.65 - $43.27/hr

You will assume full responsibility to guide new home purchasers through the loan process from loan application to approval and settlement. You will prequalify prospective buyers, review financing ...

Wintrust

Loan Originator - (Illinois)

Palatine, IL

The primary responsibility is to bring in new loan requests into the bank for processing. The Loan Originator is the primary contact for the loan applicant. Essential Duties and Responsibilities

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All JobsLoan Processor JobsLoan Processor Jobs in Batavia, IL

Loan Processor information

See Batavia, IL salary details

$13

$21

$31

How much do loan processor jobs pay per hour?

As of Aug 22, 2026, the average hourly pay for loan processor in Batavia, IL is $21.72, according to ZipRecruiter salary data. Most workers in this role earn between $18.37 and $24.52 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 Batavia, IL?

The most popular types of Loan Processor jobs in Batavia, IL are:

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

What cities near Batavia, IL are hiring for Loan Processor jobs?

Cities near Batavia, IL with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Batavia, IL as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $45,168 per year, or $21.7 per hour.

Loan Operations Specialist

PeopleFirst Bank

Joliet, IL • On-site

$20 - $25/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

Education: High School Diploma and General Equivalency Diploma

Experience Desired: A preferred minimum of five years’ experience in loan operations and customer service.

Requirement: Must pass a background and credit check.

Pay Range: Moderate Level

Immediate Supervisor: Assistant Vice President Loan Operations, Debra Lopez

Employment Status: Full time in person; Monday – Friday; 8:15am – 5:00pm

Summary Objective of the Job:

  • The Loan Operations Specialist will be responsible for performing a variety of duties related to loan processing and servicing of commercial and retail loans. They will work closely internally and with external customers to provide a high level of customer service that follow Bank and regulatory guidelines.
  • Prepare loan documentation for commercial and consumer loans using LaserPro software.
  • Review legal documentation.
  • Book renewal and new loans using Fiserv system.
  • Process loan requests and order all due diligence (credit, flood, ucc, ofac, goodstanding, etc)
  • Order appraisal bids and process engagement letter.
  • Review daily file maintenance.
  • Review new loan booking on the core system.
  • Prepare release deeds for paid off real estate loans and mail paid/cancelled loan documents to appropriate party.
  • Process loan payments, loan advances and loan payoffs using the Fiserv system.
  • Daily follow-up on delinquent insurance policies.
  • Scan loan documentations and miscellaneous paperwork.
  • Prepare and file Adverse Action notices as directed by Loan Officers.
  • Maintain commercial, consumer and Home Equity loan files and ensure file completion.
  • Handle customer inquiries and requests by phone and in person.
  • Comply with all Company policies and procedures.
  • Perform various other duties as assigned.

 

Knowledge/Skills/Abilities

-  Knowledge of bank and lending regulations.                                    

-  Good verbal and written communication skills.                               

-  Ability to multi-task, prioritize and work efficiently.                     

-  Proficient with LaserPro, Fiserv Navigator, Microsoft Excel and Word.

-  Sound judgement and decision-making abilities.

-  Ability to work with all levels of staff.

-  Ability to work independently.