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Loan Processor Jobs in Riverside, CA (NOW HIRING)

Loan Processor

Irvine, CA

$20.25 - $26.75/hr

We are seeking an experience Loan Processor to join a thriving financial service company located in Irvine. This person will be responsible for examining applications, assessing applicant background ...

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Mortgage Loan Processor

Lake Forest, CA · On-site

$5.0K/mo (+ commission)

Mortgage Loan Processor (California - In-Office) Location: In-Office - California Employment Type: Full-Time We are seeking an experienced Mortgage Loan Processor to join our in-office California ...

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Mortgage Loan Processor

Lake Forest, CA · On-site

$5.0K/mo (+ commission)

Mortgage Loan Processor (California - In-Office) Location: In-Office - California Employment Type: Full-Time We are seeking an experienced Mortgage Loan Processor to join our in-office California ...

Junior Loan Processor

North Tustin, CA · On-site

$41K - $55K/yr (+ commission)

Junior Loan Processor Location: Tustin, CA Work Schedule: On-site (Monday, Wednesday, Thursday) Remote (Tuesday, Thursday) Employment Type: Full-Time Industry: Mortgage Lending / Real Estate Join Our ...

Construction Loan Processor

Ontario, CA · On-site

$30.18 - $42.26/hr

Construction Loan Processor The Construction Loan Processor is responsible for administering construction loan disbursements, ensuring all draw requests are processed accurately, timely, and in ...

Mortgage Loan Processor III At Sunflower Bank, N.A., we're experiencing great growth. Since our founding in 1892, we've been committed to serving our communities and supporting the team members who ...

A Processor supports loan applicants, loan officers, underwriters and appropriate third parties by ensuring the timely, accurate and compliant processing of mortgage loans. A Processor reviews ...

Mortgage Loan Processor III

Irvine, CA · On-site +1

$33 - $36/hr

A Processor supports loan applicants, loan officers, underwriters and appropriate third parties by ensuring the timely, accurate and compliant processing of mortgage loans. A Processor reviews ...

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Loan Processor information

See Riverside, CA salary details

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$22

$32

How much do loan processor jobs pay per hour?

As of Sep 8, 2026, the average hourly pay for loan processor in Riverside, CA is $22.22, according to ZipRecruiter salary data. Most workers in this role earn between $18.80 and $25.10 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.

What are the most commonly searched types of Loan Processor jobs in Riverside, CA?

The most popular types of Loan Processor jobs in Riverside, CA are:

What are popular job titles related to Loan Processor jobs in Riverside, CA?

For Loan Processor jobs in Riverside, CA, the most frequently searched job titles are:

What job categories do people searching Loan Processor jobs in Riverside, CA look for?

The top searched job categories for Loan Processor jobs in Riverside, CA are:

What cities near Riverside, CA are hiring for Loan Processor jobs?

Cities near Riverside, CA with the most Loan Processor job openings:

Infographic showing various Loan Processor job openings in Riverside, CA 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 $46,225 per year, or $22.2 per hour.

$20.25 - $26.75/hr

Full-time

Re-posted 23 days ago


Job description

We are seeking an experience Loan Processor to join a thriving financial service company located in Irvine. This person will be responsible for examining applications, assessing applicant background and denying or processing the loans. The ideal candidate will have 3+ years of experience, a bachelors degree in a related field, and strong communication skills. MUST have conventional loan experience for consideration! 

This company offers great benefits, work/life balance and a strong base plus commission! Apply now!

Responsibilities

  • Perform initial appraisal of potential borrowers by thoroughly examining their applications
  • Assess the credit standings of applicants through background research
  • Interview applicants to evaluate their eligibility for loan or mortgage
  • Conclude on all applicable financial and non-financial criteria and develop loan repayment plans
  • Follow up with clients to clarify important points
  • Give the “green light” to eligible candidates and report decisions with sound arguments
  • Finalize loan contracts and keep clients informed in rules and obligations
  • Remain up to speed regarding lending and other financial services
  • Create and renew records
  • Identify customer needs, explore all options and suggest different types of loans
  • Cultivate trustworthy referral networks, suggest alternate channels and cross-sell products and services
  • Forge trust relationships and enhance customer dedication
  • Work within established regulations and adhere to law requirements at all times


Requirements

  • 3+ years of proven working experience in a Loan Processor role
  • BSc degree in finance, economics, or a related field
  • Comprehension of direct/indirect lending procedures
  • In-depth understanding of relevant rules and regulations
  • Excellent communication and sales skills
  • Balance between customer satisfaction orientation and a results driven approach
  • MUST have conventional loan experience 

Boutique Recruiting logo

About Boutique Recruiting

Sourced by ZipRecruiter

We are a team with shared goals; mindfully placing candidates in the workforce to successfully fulfill their career ambitions while encouraging a sense of purpose and value. We have created a new kind of placement firm — one that values connection, personalization, commitment, impact, boldness and achievement. At Boutique Recruiting, our clients, candidates and employees are at the heart of our success.

Industry

Recruiting and staffing services

Company size

51 - 200 Employees

Headquarters location

San Diego, CA, US

Year founded

2014

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