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Loan Processor Jobs in Riverside, CA (NOW HIRING)

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 ...

Triad Financial Services Inc

Loan Processor

Anaheim, CA · On-site

$25.01/hr

Process loan files in compliance with company policies, regulatory guidelines, and investor requirements. * Communicate with customers to request additional documents or information, provide status ...

Homeland Financial Network Inc

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Mortgage Loan Processor

Lake Forest, CA

$4.5K - $5.0K/mo

Mortgage Loan Processor (California - In-Office) Location: In-Office - California Employment Type: Full-Time (or Contract, if applicable) We are seeking an experienced Mortgage Loan Processor to join ...

MSC SERVICES LLC

Mortgage Loan Processor

Diamond Bar, CA · On-site +1

$27.76 - $37.62/hr

Position: Mortgage Loan Processor Department: Retail Processing Reports To: Processing Team Lead Location: Diamond Bar, CA Onsite or Hybrid Exempt: No Non-exempt: Yes The anticipated hourly ...

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 ...

Sunflower Bank NA

Mortgage Loan Processor III

Irvine, CA · On-site

$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 ...

Sunflower Bank NA

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 ...

Button Finance, Inc

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Junior Loan Processor (Entry-Level)

Tustin, CA · On-site

$20/hr

Gather basic info and provide a warm, professional introduction to our loan * process * Transfer 15+ qualified leads each day to our team of licensed Loan Officers * Learn to confidently handle ...

Schoolsfirstfcu

Consumer Loan Processor II

Tustin, CA

$20 - $25/hr

Consumer Loan Processor II 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 ...

MSC SERVICES LLC

Retail Processor

Diamond Bar, CA · On-site

$24 - $35/hr

Role Overview Retail Loan Processors play an integral part within the sales organization and serve as the company's voice, partner and liaison to our customers. Our team members provide a superior ...

Button Finance, Inc

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Junior Loan Officer (Entry-Level)

Irvine, CA · On-site

$20/hr

Gather basic info and provide a warm, professional introduction to our loan * process * Transfer 15+ qualified leads each day to our team of licensed Loan Officers * Learn to confidently handle ...

Button Finance, Inc

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Junior Loan Officer (Entry-Level)

Irvine, CA · On-site

$20/hr

Gather basic info and provide a warm, professional introduction to our loan * process * Transfer 15+ qualified leads each day to our team of licensed Loan Officers * Learn to confidently handle ...

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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 Jul 28, 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. Compensation can also include a base salary and bonuses, depending on the employer and location. Skills in underwriting and customer service are important in this role.

How much do loan processors make?

Loan processors in the United States typically earn an average annual salary of around $45,000 to $55,000, with variations based on experience, location, and employer. In some regions, salaries can range from $40,000 to $65,000, and additional certifications or skills in loan software can influence pay.

What qualifications do you need to be a loan processor?

A loan processor typically needs a high school diploma or equivalent, with some employers preferring post-secondary education or relevant certifications. Strong organizational skills, attention to detail, and familiarity with loan processing software are important, and previous experience in banking or finance can be beneficial.

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, gathers necessary documentation, and ensures all information complies with lending guidelines. They coordinate with borrowers, underwriters, and lenders to facilitate the approval process and often use loan origination software. Attention to detail and knowledge of financial regulations are essential skills for this role.

Is it hard to become a loan processor?

Becoming a loan processor typically requires a high school diploma or equivalent, strong organizational skills, and attention to detail. Some employers prefer candidates with experience in banking or finance, and familiarity with loan processing software can be beneficial. The role often involves on-the-job training and may require passing a background check.
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
Infographic showing various Loan Processor job openings in Riverside, CA as of July 2026, with employment types broken down into 1% As Needed, 90% Full Time, 6% Part Time, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $46,225 per year, or $22.2 per hour.
Loan Processor

Loan Processor

Boutique Recruiting

Irvine, CA

$20.25 - $26.75/hr

Full-time

Posted 12 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
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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

Social media

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