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Loan Processor Jobs in Riverside, CA (NOW HIRING)

LendingXpress

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Jr. Mortgage Processor

Irvine, CA · On-site

$19 - $21/hr

DUTIES AND RESPONSIBILITIES: • Administrative support to Loan Officers and Processors • Assist loan processors with collecting stips, disclosures, packaging files for lender pricing and ...

LendingXpress

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Jr. Mortgage Processor

Irvine, CA · On-site

$19 - $21/hr

DUTIES AND RESPONSIBILITIES: • Administrative support to Loan Officers and Processors • Assist loan processors with collecting stips, disclosures, packaging files for lender pricing and ...

Button Finance, Inc

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Junior Loan Officer (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 ...

Button Finance, Inc

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Junior Loan Officer (Entry-Level)

Santa Ana, 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 ...

Griffin Funding

Mortgage Processor - Irvine

Irvine, CA · On-site

$10K/mo

DSCR investor loans. Multiple property scenarios. Self-employed borrowers with variable comp. This isn't cookie-cutter Fannie Mae processing. You're building real expertise. Your opinion matters.

Griffin Funding

Loan Partner - Irvine

Irvine, CA

$50K - $100K/yr

Your job is to make the process feel smooth, predictable, and professional, even when the file ... You coordinate between Loan Officers, Processing, title, and underwriting so the borrower doesn't ...

Griffin Funding, Inc.

Loan Partner - Irvine

Irvine, CA · On-site

$50K - $100K/yr

Your job is to make the process feel smooth, predictable, and professional, even when the file ... You coordinate between Loan Officers, Processing, title, and underwriting so the borrower doesn't ...

Mission Loans

Mortgage Loan Officer

Irvine, CA · On-site

$120K - $200K/yr

Provide an exceptional customer experience by building trust and guiding clients through the loan process. * Engage with clients through inbound and outbound calls using company-provided leads and ...

Beacon Talent

Senior Mortgage Processor

Irvine, CA · Remote

$80K - $90K/yr

This role is responsible for managing complex mortgage loan files from application through clear-to-close, ensuring accuracy, compliance, and on-time closings. The Senior Mortgage Processor serves as ...

Mission Loans, LLC

Mortgage Loan Officer

Irvine, CA · On-site

$120K - $200K/yr

Provide an exceptional customer experience by building trust and guiding clients through the loan process. * Engage with clients through inbound and outbound calls using company-provided leads and ...

Boutique Recruiting

Loan Originator

Irvine, CA

The ideal candidate will working with loan applicants to collect all information for the loan process, reviewing the documents, preparing proposals and keeping them in compliance to be sent over for ...

TEKsystems

Loan Support Clerk

Brea, CA · On-site

$25 - $30/hr

Loan Processing / Financial Services Support Position Overview We are seeking a detail-oriented Loan Support Clerk to join our growing loan operations team. In this role, you will play a critical ...

TEKsystems

Loan Support Clerk

Brea, CA · On-site

$25 - $30/hr

Loan Processing / Financial Services Support Position Overview We are seeking a detail-oriented Loan Support Clerk to join our growing loan operations team. In this role, you will play a critical ...

LOCK & KEY MORTGAGE LLC

Mortgage Loan Officer

Anaheim, CA · Remote

$58K - $275K/yr

In this role, you will play a pivotal part in guiding clients through the mortgage loan process. Your industry expertise, strong interpersonal skills, and commitment to customer service will be the ...

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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
Jr. Mortgage Processor

Jr. Mortgage Processor

LendingXpress

Irvine, CA • On-site

$19 - $21/hr

Full-time

Posted 6 days ago

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Job description

LendingXpress is a local fast-growing private hard money broker/lender is seeking a professional full time experienced Jr Mortgage Processors. Mortgage Assistant will review, gather and organize documents from initial application, assist in disclosures, pre-approval to closing, working closely with all departments to ensure the timely and accurate packaging of loans originated.

DUTIES AND RESPONSIBILITIES:
• Administrative support to Loan Officers and Processors
• Assist loan processors with collecting stips, disclosures, packaging files for lender pricing and submission
• Assist with various processes on the active pipeline of 50-60 loans
• Welcome call to the borrower within 24 hours of file being assigned
• Input proper loan information into Encompass for processing
• Assist in ordering and reviewing all file documentation, including but not limited to credit, preliminary title report, appraisal, and income, to submit a complete loan application file to underwriting within 2-4 days of file being assigned
• Update files in Encompass with digital files, faxes, and notes
• Assist and communicates with all departments as required to resolve outstanding issues
• Ability to work on multiple files simultaneous

ESSENTIAL KNOWLEDGE, SKILLS & LICENSES:
• Mortgage-related experience a plus, but not required
• Must be energized and excited to work in mortgage space
• Must have the ability to work with technology
• Must have a good attitude
• Proficient with Encompass a plus
• Bilingual a plus (English and Spanish)

$20-21/hr, plus bonus per funded file

Company Description

LendingXpress is a fast-growing California hard/private money, and residential broker/lender, specializing in loans for real estate ranging from various sizes and types ranging from $100,000 to $18,000,000. Loans to purchase/refinance investment properties, fix and flip, bridge and construction loans. Our custom loan programs offer the ideal financing solution for borrowers who don't qualify for traditional financing and/or need a quick close. We also buy and sell distressed properties and help consumers with real estate issues.