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Loan Processor Jobs in Riverside, CA (NOW HIRING)

Triad Financial

Loan Processor

Anaheim, CA

$19.75 - $26.25/hr

Loan Processor As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible for efficiently processing loan files from application to closing. Having successfully ...

Triad Financial Services Inc

Loan Processor

Anaheim, CA · On-site

$19.75 - $26.25/hr

As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible for efficiently processing loan files from application to closing. Having successfully completed ...

Triad Financial Services, Inc.

Loan Processor

Anaheim, CA · On-site

$19.75 - $26.25/hr

As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible for efficiently processing loan files from application to closing. Having successfully completed ...

Boutique Recruiting

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 ...

Redwood Trust

Loan Processor

Irvine, CA

$70K - $85K/yr

Loan Processor The Loan Processor will be responsible for obtaining all required diligence documents from borrower team and coordinating third party vendors and the deal team in connection with each ...

Redwood Trust Inc

Loan Processor

Irvine, CA · On-site

$70K - $85K/yr

The Loan Processor will be responsible for obtaining all required diligence documents from borrower team and coordinating third party vendors and the deal team in connection with each loan. They will ...

Homeland Financial Network

Be Seen First

Mortgage Loan Processor

Lake Forest, CA · On-site

$5K/mo

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 ...

Homeland Financial Network

Be Seen First

Mortgage Loan Processor

Lake Forest, CA · On-site

$5K/mo

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 ...

Altura Credit Union

Mortgage Loan Processor

Riverside, CA · On-site

$24.35 - $30.44/hr

Work closely with a group of Loan Processors to get loans through swiftly by assisting with third party vendor requests, verifying disclosure compliance, and performing other duties as assigned.

LendPro Mortgage

Junior Loan Processor

North Tustin, CA · On-site

$41K - $55K/yr

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 ...

Community Bank

Construction Loan Processor

Ontario, CA

$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 ...

Dunmor

Sr Loan Processor

Irvine, CA · On-site

$85K - $90K/yr

Role Overview The Loan Processor is responsible for moving loans from application through closing with accuracy, organization, and clear communication. This role ensures loan files are complete ...

Dunmor

Sr Loan Processor

Irvine, CA · On-site +1

Role Overview The Loan Processor is responsible for moving loans from application through closing with accuracy, organization, and clear communication. This role ensures loan files are complete ...

Schoolsfirstfcu

Consumer Loan Processor

Riverside, CA

$19.75 - $24.75/hr

Consumer Loan Processor The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for ...

Lendistry

SBA Loan Processor II

Tustin, CA · On-site

$19.75 - $26.25/hr

A Day in the Life The Processor II will be responsible for reviewing and submitting loan requests from small business owners to underwriting; following up with customers by email and phone to ensure ...

Schoolsfirstfcu

Consumer Loan Processor

Tustin, CA

$20 - $25/hr

Consumer Loan Processor The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for ...

HIGHTECHLENDING INC

Reverse Mortgage Loan Processor

Irvine, CA · On-site

$43K - $59K/yr

Are you a detail-driven Reverse Mortgage Loan Processor who can keep loans moving smoothly from application to closing looking to work with a fabulous team? We are seeking an experienced and detail ...

Lendistry

SBA Loan Processor II

Tustin, CA · On-site

$19.75 - $26.25/hr

A Day in the Life The Processor II will be responsible for reviewing and submitting loan requests from small business owners to underwriting; following up with customers by email and phone to ensure ...

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All JobsLoan Processor JobsLoan Processor Jobs in Riverside, CA

Loan Processor information

See Riverside, CA salary details

$14

$22

$32

How much do loan processor jobs pay per hour?

As of Jun 12, 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 are the key skills and qualifications needed to thrive as a Loan Processor, and why are they important?

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.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Their total compensation may also include a base salary and bonuses, depending on the employer and location. Skills in underwriting and customer service can influence earning potential.

How do I become a loan processor?

To become a loan processor, typically a high school diploma or equivalent is required, and some employers prefer candidates with postsecondary education or relevant experience in banking or finance. Key skills include attention to detail, knowledge of loan documentation, and proficiency with loan processing software. Gaining experience through entry-level banking or administrative roles can also help build the necessary skills for this position.

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 are loan processors?

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.

What does a loan processor do?

A loan processor reviews and verifies loan applications, ensuring all necessary documentation is complete and accurate. They assess borrower information, communicate with lenders and applicants, and prepare files for approval or denial, often using loan processing software. Attention to detail and knowledge of lending regulations are essential for this role.
More about Loan Processor jobs
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:
Loan Processor jobs near you
Loan Processor

Loan Processor

Triad Financial

Anaheim, CA

$19.75 - $26.25/hr

Other

Posted 23 days ago

Job description

Loan Processor

As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible for efficiently processing loan files from application to closing. Having successfully completed training and a probationary period as a Trainee, you will utilize your expertise to collect and review borrower documents, communicate with customers, and collaborate closely with Loan Officers and Underwriters to ensure timely and accurate processing of loan applications.

Key Responsibilities:
  • Collect and review borrower documents, including income verification, credit reports, and property information, to ensure completeness and accuracy.
  • Process loan files in compliance with company policies, regulatory guidelines, and investor requirements.
  • Communicate with customers to request additional documents or information, provide status updates, and address inquiries throughout the loan process.
  • Work closely with Loan Officers and Underwriters to resolve issues, address conditions, and clear loan file for approval.
  • Maintain detailed and organized loan files, ensuring all documentation is properly documented and stored.
  • Verify data accuracy in loan origination system and other relevant software platforms.
  • Coordinate with third-party vendors, such as appraisers and title companies, to facilitate loan transactions.
  • Adhere to established timelines and service level agreements to meet closing deadlines.
  • Provide exceptional customer service, ensuring a positive experience for borrowers throughout the loan process.
Minimum Qualifications:
  • High school diploma or equivalent is mandatory; a college degree in finance or banking is preferred.
  • Previous experience of 2-3 years in a professional office setting is required, ideally in an administrative or mortgage assistant role.
  • Understanding of various loan products, including conventional loans, FHA, VA, adjustable/fixed-rate mortgages, etc., is essential.
  • Highly driven and goal-oriented, with exceptional customer service and communication capabilities.
  • Comfortable working in a dynamic, fast-paced environment.
  • Skilled in managing a loan pipeline and associated tasks to meet designated turn times effectively.
  • Proficient in Microsoft Office suite; capable of swiftly acquiring proficiency in the company's proprietary mortgage software products.
Physical Demands:
  • Capable of safely and proficiently performing essential job functions as per ADA, FMLA, and other relevant standards, meeting productivity criteria.
  • Maintain consistent, punctual attendance in compliance with ADA, FMLA, and other regulations.
  • Clear and articulate communication skills on the telephone.
  • Ability to sit at a workstation for extended periods.
  • Proficient in physical typing.

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