ZipRecruiter

Log In

1

Loan Processor Jobs in Bessemer, AL (NOW HIRING)

Local Bank

Commercial Loan Processor

Tuscaloosa, AL · On-site

The Commercial Loan Processor is responsible for supporting the commercial lending team by managing the processing and documentation of commercial loan applications from origination through closing.

Local Bank

Mortgage Loan Processor

Tuscaloosa, AL · On-site

$33K - $45K/yr

The Mortgage Loan Processor is responsible for managing the loan file from the time of application through final approval. This role requires attention to detail, strong organizational skills, and ...

America's First

Mortgage Loan Processor

Birmingham, AL · On-site

$37K - $51K/yr

Process files from opening through closing of each loan. Take ownership of loan files once received from mortgage loan officer. Be primary contact for all parties involved in the process of the ...

Valley Bank

Lending Specialist

Birmingham, AL · On-site

Ensure initial loan funding (if there is a draw at close) and ongoing life of loan activity (payments, draws, payoffs, etc.) are properly processed and booked with downstream stakeholders.

Local Bank

Mortgage Loan Originator

Tuscaloosa, AL · On-site

Loan Origination & Processing * Assist borrowers with mortgage pre-qualification, pre-approvals, and full loan applications. * Collect and verify financial documentation to ensure complete and ...

next page

Showing results 1-20

All JobsLoan Processor JobsLoan Processor Jobs in Bessemer, AL

Loan Processor information

See Bessemer, AL salary details

$12

$19

$27

How much do loan processor jobs pay per hour?

As of Sep 3, 2026, the average hourly pay for loan processor in Bessemer, AL is $19.03, according to ZipRecruiter salary data. Most workers in this role earn between $16.11 and $21.49 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 Bessemer, AL?

The most popular types of Loan Processor jobs in Bessemer, AL are:

What cities near Bessemer, AL are hiring for Loan Processor jobs?

Cities near Bessemer, AL with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Bessemer, AL as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 14% Part Time, and 5% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $39,582 per year, or $19 per hour.

Commercial Loan Processor

Local Bank

Tuscaloosa, AL • On-site

Full-time

Posted 5 days ago

Job description

Description:

Position Summary:

The Commercial Loan Processor is responsible for supporting the commercial lending team by managing the processing and documentation of commercial loan applications from origination through closing. This role ensures that all loan files are accurate, complete, and compliant with bank policies, procedures, and regulatory requirements. The Commercial Loan Processor serves as a key point of contact for internal teams, lenders, and external parties to facilitate smooth and timely loan closings

Key Responsibilities:

  • Loan Processing & Documentation
  • Review, prepare, and process commercial loan applications, ensuring all required documentation is complete and accurate.
  • Work closely with lenders, credit analysts, and other internal departments to assemble and verify financial statements, tax returns, appraisals, insurance certificates, and legal documents.
  • Track loan conditions and ensure timely collection and resolution prior to loan closing.
  • Maintain organized loan files for compliance, audit readiness, and reporting purposes.
  • Communication & Coordination
  • Serve as a liaison between commercial lenders, title companies, attorneys, and other third parties involved in the loan process.
  • Provide clear and timely updates to lenders regarding loan status, outstanding items, and closing timelines.
  • Address inquiries from 3rd parties involved in the loan process and internal staff in a professional and efficient manner.
  • Compliance & Risk Management
  • Ensure all loan documentation complies with bank policies, procedures, and regulatory requirements.
  • Identify and report any discrepancies or issues that may impact loan approval or funding.
  • Maintain confidentiality of all customer and bank information.
  • Operational Support
  • Assist in tracking, reporting, and managing loan pipeline and workflow.
  • Support loan renewals, modifications, and portfolio reviews as needed.
  • Continuously look for opportunities to improve processes and enhance efficiency in the commercial loan operations team.

Any other duties and responsibilities as assigned.


Requirements:

Working Conditions:

  • Full-time position, Monday-Friday, 8:00am-5:00pm C.T. with a 1-hour lunch break. 
  • This position may involve work outside of the standard schedule including, but not limited to, assisting customers, completing tasks or assignments, work-related events, etc. 
  • 100% in-office position.
  • Prolonged periods sitting at a desk and working on a computer. 
  • Must be able to lift up to 15 pounds at times. 
  • Professional attire required. 

Qualifications

  • High school diploma or equivalent required; Associate’s or Bachelor’s degree in Business, Finance, or related field preferred.
  • Minimum of 2 years of experience in commercial lending operations, loan processing, or banking administration.
  • Strong understanding of commercial loan documentation, underwriting processes, and regulatory requirements.
  • Excellent attention to detail, organizational skills, and ability to manage multiple tasks simultaneously.
  • Strong verbal and written communication skills.
  • Proficiency in Microsoft Office (Word, Excel, Outlook) and banking/loan processing software.
  • Jack Henry experience required. 
  • Laserpro experience preferred but not required. 

**We are looking primarily for a candidate in the Tuscaloosa Alabama area but are open to candidates in the Birmingham or Huntsville Alabama area.