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Loan Processor Jobs in Milton, FL (NOW HIRING)

PenAir Credit Union

Indirect Loan Processor

Pensacola, FL · On-site

$21.31/hr

Process and fund indirect loan applications submitted by dealers or vendor partners. Verify all information in the loan package is accurate and compliant with PenAir Credit Union's Indirect Lending ...

TEKsystems

Processor Assistant (GPO)

Pensacola, FL · Hybrid

$17/hr

Ensure key loan milestones and critical dates are accurately documented to support workflow ... Process internal and external payoff requests and assist with post-closing and post-settlement ...

TEKsystems

Mortgage - Processor Assistant

Pensacola, FL · Hybrid

$17/hr

Processor Assistant To support the processing of first mortgage loans in compliance with applicable federal and state regulations, as well as Navy Federal policies and procedures, by providing ...

Tandym Group

Loan Assistant (Entry-Level)

Pensacola, FL · On-site

$35K - $44K/yr

Support the Mortgage Loan Officers with day-to-day loan processing tasks * Collect and review required documents for mortgage applications * Follow up with members by phone and provide timely ...

ServisFirst Bank

Mortgage Loan Officer

Pensacola, FL · On-site

Complete mortgage applications for submission to loan processing and underwriting * Provide required initial disclosures within the given time frame set by compliance * Establish a detailed marketing ...

USA Mortgage

Mortgage Loan Originator

Gulf Breeze, FL · On-site

$14/hr

Market and solicit residential loan business, ensuring all phases of the loan process are performed in accordance with company and regulatory guidelines * Advise and educate clients on the home ...

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All JobsLoan Processor JobsLoan Processor Jobs in Milton, FL

Loan Processor information

See Milton, FL salary details

$12

$19

$27

How much do loan processor jobs pay per hour?

As of Sep 8, 2026, the average hourly pay for loan processor in Milton, FL is $19.08, according to ZipRecruiter salary data. Most workers in this role earn between $16.15 and $21.54 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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Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Milton, FL as of August 2026, with employment types broken down into 88% Full Time, 6% Part Time, and 6% Contract. Highlights an 87% In-person, and 13% Remote job distribution, with an average salary of $39,695 per year, or $19.1 per hour.

Indirect Loan Processor

PenAir Credit Union

Pensacola, FL • On-site

$21.31/hr

Other

Posted 17 days ago

Job description

PenAir Credit Union Job Opportunity

Since 1936 PenAir® Credit Union has been the catalyst where community, resources, and impact come together and produce a powerful force for good. We have a unique culture and we're passionate about it. Grown from the values we hold most dear, three guiding principles shape how we see the people we serve, the community around us, and our role within it. These guiding principles are Respect, Service, and Communerosity® and they're woven throughout our culture.

PenAir is where people and community, resources and expertise align with your values to create real impact. Generational impact through strong financial education and support. We care about the things you care about. As the largest and oldest credit union in Pensacola, Florida, with more than $2.5 billion in assets, our purpose is to enhance the lives of those we serve in the Florida Panhandle, Southern Alabama, and Virginia.

Process and fund indirect loan applications submitted by dealers or vendor partners. Verify all information in the loan package is accurate and compliant with PenAir Credit Union's Indirect Lending Program. Contact indirect dealer partners and members as needed to complete new loan and account information.

Major duties and responsibilities include:

  • Review indirect loan packages to ensure all applicable documents are received and verified for accuracy.
  • Fund indirect loans by entering the application into the loan origination system, calculating, and distributing loan proceeds and dealership reserves, and booking loans to the core system.
  • Contact dealership personnel to obtain missing loan documentation or borrower information. Work directly with underwriting and Business Development staff to resolve documentation deficiencies.
  • Work directly with underwriting and dealership personnel to resolve contract terms that may vary from the original approval.
  • Contact members as directed by management to verify the borrower's information, discuss financing terms and collateral insurance, and obtain any missing information or documentation.
  • Performs other job-related duties as assigned.

Minimum qualifications include:

Experience: Three years to five years of similar or related experience, including preparatory experience.

Education/Certifications/Licenses: A high school degree or equivalent.

Interpersonal skills: A significant level of trust, credibility and diplomacy is required. In-depth dialogue, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature. Communications may involve motivating, influencing, educating and/or advising others on matters of significance. Typically includes subject matter experts as well as first level to middle managers.

Other skills: Knowledge of PenAir's Indirect Lending program, attention to detail, time management, effective communication.

The starting pay for this role is $21.31 per hour.

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