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Loan Processor Jobs in Covington, LA (NOW HIRING)

First National Bank USA

Be Seen First

Loan Processor

New Orleans, LA · On-site

$40K - $60K/yr

A minimum of 2 years' experience as a Loan Processor or similar role. * In-depth knowledge of closing procedures, loan processes, and documentation. * Good understanding of banking and mortgage ...

First Guaranty

Mortgage Loan Processor-Closer

Hammond, LA · On-site

$30K - $42K/yr

Mortgage Loan Processor/Closer Great employees are essential to maintaining the confidence our customers place in us. FGB believes that our employees are our greatest asset as demonstrated in their ...

RESOURCE BANK

Loan Administration Processor

Covington, LA · On-site

$16.25 - $21.50/hr

RESOURCE BANK Loan Administration Processor Position Summary: This position reports to the Loan Administration Managerand is responsible for reviewing and preparing loan papers to ensurecompleteness ...

Resource Bank

Loan Administration Processor

Covington, LA · On-site

$16 - $21.50/hr

Loan Administration Processor This position reports to the Loan Administration Manager and is responsible for reviewing and preparing loan papers to ensure completeness and is responsible for the ...

Hilltop Holdings

Loan Originator NE

Slidell, LA · On-site

Oversees the loan process by monitoring loan status and ensures conformity with terms. * Communicates loan status to all interested parties, and obtains loan documentation after closing. * Presents ...

gpac

Loan Assistant

Slidell, LA · On-site

$29K - $36K/yr

In this role, you'll partner closely with Commercial Lenders throughout the loan process-from application to closing and ongoing portfolio maintenance-helping ensure a smooth experience for both ...

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Loan Processor information

See Covington, LA salary details

$11

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$26

How much do loan processor jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for loan processor in Covington, LA is $18.32, according to ZipRecruiter salary data. Most workers in this role earn between $15.53 and $20.67 per hour, depending on experience, location, and employer.

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.

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 some roles may require in-office presence for document verification or meetings. Availability depends on the employer's policies and the specific job requirements.

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 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 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 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.

More about Loan Processor jobs

What are the most commonly searched types of Loan Processor jobs in Covington, LA?

The most popular types of Loan Processor jobs in Covington, LA are:

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

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The top searched job categories for Loan Processor jobs in Covington, LA are:

What cities near Covington, LA are hiring for Loan Processor jobs?

Cities near Covington, LA with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Covington, LA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $38,116 per year, or $18.3 per hour.

Loan Processor

First National Bank USA

New Orleans, LA • On-site

$40K - $60K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday

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Job description

Responsibilities:

  • Collect and prepare all necessary documentation for the loan package.
  • Research applicant credit status and current financial position.
  • Prepare and maintain all paperwork for existing and new loans, including loan disclosures.
  • Complete loan contracts and ensure clients are kept informed of the rules and requirements.
  • Submit files to the designated Underwriter and/or Board.
  • Conduct interviews to assess client eligibility for loans or mortgages.
  • Ensure you comply with the established regulations and law requirements.
  • Follow-up with clients and third parties to verify important information.
  • Verify documentation for completion and accuracy.
  • Request and review third party documentation such as appraisals, evaluations, title work, insurance, etc...

Requirements:

  • Bachelor’s degree in finance or relevant field is preferable.
  • A minimum of 2 years’ experience as a Loan Processor or similar role.
  • In-depth knowledge of closing procedures, loan processes, and documentation.
  • Good understanding of banking and mortgage computer software and MS Office.
  • Excellent interpersonal and communication skills.
  • Good multitasking abilities with outstanding time management skills.