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Loan Processor Jobs in Monroe, LA (NOW HIRING)

Centric Federal Credit Union

Loan Processor

West Monroe, LA · On-site

$18 - $24/hr

Essential Functions & Responsibilities: * 60% Processes and prepares loan documents for approved loans, coordinating closing dates and disbursements with a focus on Stewardship by ensuring accuracy ...

Centric Federal Credit Union

Loan Processor

West Monroe, LA · On-site

$18 - $24/hr

Essential Functions & Responsibilities: * 60% Processes and prepares loan documents for approved loans, coordinating closing dates and disbursements with a focus on Stewardship by ensuring accuracy ...

Centric Federal Credit Union

Loan Processor

West Monroe, LA · On-site

$18 - $24/hr

Essential Functions & Responsibilities: * 60% Processes and prepares loan documents for approved loans, coordinating closing dates and disbursements with a focus on Stewardship by ensuring accuracy ...

Louisiana Land Bank

Loan Acct Support Analyst

Monroe, LA · On-site

$36K - $48K/yr

Assists with the development of new and improved processes to enhance loan accounting and/or cash management efficiencies. Assists in maintaining loan accounting and/or cash management procedures and ...

Louisiana Land Bank

Loan Acct Support Analyst

Monroe, LA · On-site

$36K - $48K/yr

Assists with the development of new and improved processes to enhance loan accounting and/or cash management efficiencies. Assists in maintaining loan accounting and/or cash management procedures and ...

Huntington

Mortgage Loan Advisor

Monroe, LA · On-site +1

Description The Mortgage Loan Advisor works with Senior Loan Officer and Sales Manager to achieve established sales goals and learn different aspects of a loan originator position at Huntington.

Huntington

Mortgage Loan Advisor

Monroe, LA · On-site +1

Description The Mortgage Loan Advisor works with Senior Loan Officer and Sales Manager to achieve established sales goals and learn different aspects of a loan originator position at Huntington.

Huntington

Mortgage Loan Advisor

Monroe, LA · On-site +1

Description The Mortgage Loan Advisor works with Senior Loan Officer and Sales Manager to achieve established sales goals and learn different aspects of a loan originator position at Huntington.

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Loan Processor information

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How much do loan processor jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for loan processor in Monroe, LA is $20.49, according to ZipRecruiter salary data. Most workers in this role earn between $17.36 and $23.12 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.

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Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Monroe, LA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Remote job distribution, with an average salary of $42,621 per year, or $20.5 per hour.

Loan Processor

Centric Federal Credit Union

West Monroe, LA • On-site

$18 - $24/hr

Full-time

Posted 5 days ago

Job description

Centric is committed to creating, encouraging, and nurturing a safe and inclusive work environment. These same standards are expected of each of our employees. Centric values and celebrates diversity in the workplace and we welcome those with unique backgrounds, working styles, and skillsets. Our culture recognizes and embraces each person’s unique contribution to our success, and empowers our team to connect, belong and grow, so that we can better serve our members and community.Role:

To prepare loan documents, collect compliant documentation, perfect collateral liens, and disburse loan funds in a manner that reflects Centric’s commitment to Stewardship, Engagement, strong Relationships, Vision, and Energy. This position plays a critical role in safeguarding the credit union’s assets while delivering an accurate, timely, and positive lending experience for members.

Essential Functions & Responsibilities:
  • 60% Processes and prepares loan documents for approved loans, coordinating closing dates and disbursements with a focus on Stewardship by ensuring accuracy, compliance, and protection of members’ financial futures.
  • 20% Perfects collateral liens in a timely and compliant manner, demonstrating responsible oversight and attention to detail that supports Centric’s long-term Vision and risk management objectives.
  • 15% Files loan documents with appropriate agencies, ensuring regulatory compliance and reinforcing Centric’s commitment to operational excellence.
  • 5% Performs other related duties as assigned, approaching all responsibilities with Energy, adaptability, and a member-first mindset.
Performance Measurements:
  1. Maintains a dependable record of attendance and timeliness, demonstrating Energy and accountability.
  2. Provides friendly, professional, and personalized SERVICE, greeting members by name and fostering meaningful Relationships.
  3. Handles all aspects of GAP and Extended Warranty processing after loan closing, ensuring a seamless and positive member experience.
  4. Maintains audit exceptions from internal and CPA reviews at a minimum, reflecting strong Stewardship and compliance discipline.
  5. Ensures no approved loans exceed 20 days from closing date in queue, supporting efficiency and member satisfaction.
  6. Reviews and audits loan folders and paperwork from Loan Officers to ensure all data is accurate and complete, protecting both the member and the credit union.
  7. Ensures all loan data entry is completed with zero errors, upholding Centric’s high standard of quality and integrity.
  8. Tracks outstanding title paperwork to ensure timely perfection of collateral liens, supporting long-term asset protection and risk mitigation.
  9. Processes disbursements including, but not limited to, mailing payoffs, posting payoffs, and posting deposits, with precision and professionalism.
Knowledge and Skills:

Experience One to three years of similar or related experience, preferably in a financial services environment.

Education A high school education or GED required.

Interpersonal Skills Work involves interaction with individuals beyond immediate associates regarding routine matters, requiring clear communication, collaboration, and courtesy.
Outside contacts include members and vendors, necessitating positive engagement, professionalism, and relationship-building consistent with Centric’s Core Values.

Other Skills

Must have good communication skills. Ten key calculator, typewriter and keyboard skills.

Work Environment

To provide a positive, gossip free environment to all you come in contact with.


Centric Culture

We are proud of our mission helping our members live better and seek leaders who are equally passionate about making a meaningful impact. As part of our commitment to living our SERVE values every day, we cultivate a workplace culture that values:

  • Stewardship: Acting with integrity and responsibility for the benefit of our members and community.
  • Engagement: Being fully present, proactive, and connected in every interaction. Engaging the member with solutions via the CENTRIC model.
  • Relationships: Building trust and connection with our members, colleagues, and partners.
  • Vision: Leading with purpose, foresight, and a commitment to long-term success.
  • Energy: Bringing passion, positivity, and drive to everything we do.