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Loan Processor Jobs (NOW HIRING)

East West Bank

Loan Processor

El Monte, CA

$20 - $31/hr

The Loan Processor is responsible for supporting the community lending loan processing function by assisting in the preparation, review, and verification of loan applications. This role works closely ...

Blue Sky Bank

Loan Processor

Tulsa, OK

$17 - $22.75/hr

As a Loan Processor , you will play a critical role in preparing and processing commercial, consumer, and real estate loans. You will collaborate with internal teams and external partners to ensure ...

Peregrine Team

Loan Processor

Los Angeles, CA · On-site

$55K - $70K/yr

We are seeking a Loan Processor to manage loan applications and ensure all documentation is accurate and complete throughout the lending lifecycle. This role is essential in maintaining efficiency ...

gpac

Loan Processor

Shreveport, LA · On-site

$15.50 - $20.50/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote. This role demands ...

gpac

Loan Processor

New Orleans, LA · On-site

$17.25 - $23/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote. This role demands ...

gpac

Loan Processor

Bossier City, LA · On-site

$14.25 - $18.75/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote. This role demands ...

MONEY INC

Loan Processor

Fort Worth, TX

$18 - $24/hr

We are searching for an experienced and highly-analytical loan processor to conduct assessments of business and individual loans. You will act as the liaison between potential clients and our growing ...

MONEY INC

Loan Processor

Fort Worth, TX

$18 - $24/hr

We are searching for an experienced and highly-analytical loan processor to conduct assessments of business and individual loans. You will act as the liaison between potential clients and our growing ...

Triad Financial

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

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

Blue Sky Bank

Loan Processor

Tulsa, OK · On-site

$17 - $22.75/hr

As a Loan Processor , you will play a critical role in preparing and processing commercial, consumer, and real estate loans. You will collaborate with internal teams and external partners to ensure ...

Money Services

Loan Processor

Fort Worth, TX · On-site

$18 - $24/hr

We are searching for an experienced and highly-analytical loan processor to conduct assessments of business and individual loans. You will act as the liaison between potential clients and our growing ...

gpac

Loan Processor

Alexandria, LA · On-site

$17.25 - $23/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote. This role demands ...

HomeTown_Bank

Loan Processor

League City, TX · On-site

$16 - $21.50/hr

LOAN PROCESSOR Summary/Objective The Loan Processor will be responsible for preparing all loan documentation for new and renewal loans for the Loan Officers on the Mainland. Additionally, she/he will ...

Triad Financial Services Inc

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

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

Apply Early

Triad Financial

Loan Processor

Anaheim, CA · On-site

$25.01/hr

Loan Processor Compensation: $25.01+/hour and includes monthly commission/bonus structure As a loan processor, you will play a vital role in our wholesale lending operations, responsible for ...

CrossCountry Mortgage

Loan Processor

San Diego, CA · On-site

$20 - $26.50/hr

Description We are only considering candidates who are actively processing mortgage loans today within a retail mortgage bank. Please do not apply if you are not currently in a processing role. We're ...

PremierBank

Loan Processor

Fort Atkinson, WI · On-site

$17 - $22.75/hr

The Loan Processor plays a critical role in supporting the full life cycle of commercial and consumer loans. This position is responsible for reviewing applications, verifying and organizing ...

Blue Sky Bank

Loan Processor

Tulsa, OK · On-site

$16.25 - $21.75/hr

As a Loan Processor , you will play a critical role in preparing and processing commercial, consumer, and real estate loans. You will collaborate with internal teams and external partners to ensure ...

Boutique Recruiting

Loan Processor

Boulder, CO · Remote

$19.50 - $26/hr

We are seeking a top notch Mortgage Loan Processor to join a thriving financial services company. This is a 100% remote position! This person will be responsible for reviewing loan applications ...

Apply Early

CrossCountry Mortgage

Loan Processor

Oak Lawn, IL · On-site

$60K - $70K/yr

Were seeking a Loan Processor who is detail-oriented and experienced in managing mortgage files. This role is responsible for reviewing and preparing loan applications to ensure an efficient process ...

Apply Early

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All JobsLoan Processor Jobs

Loan Processor information

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$13

$21

$30

How much do loan processor jobs pay per hour?

As of Jun 30, 2026, the average hourly pay for loan processor in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 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
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Loan Processor jobs near you
Infographic showing various Loan Processor job openings in the United States as of June 2026, with employment types broken down into 94% Full Time, 4% Part Time, and 2% Contract. Highlights an 96% In-person, and 4% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
Loan Processor

Loan Processor

East West Bank

El Monte, CA

$20 - $31/hr

Full-time

Posted yesterday

Key responsibilities

  • Review and process all mortgage loan applications.

  • Obtain documentation needed from applicants and verify information such as employment, salary, liabilities, and deposits.

  • Order title work, flood determinations, and hazard insurance binders.

Job description

Since 1973, East West Bank has served as a pathway to success. With multiple locations across the U.S. and China, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.


East West Bank is currently seeking a Loan Processor for the Mortgage team.  The Loan Processor is responsible for supporting the community lending loan processing function by assisting in the preparation, review, and verification of loan applications. This role works closely with senior loan processors, loan officers, and customers to ensure documentation is complete and accurate while delivering smooth and timely loan experience.


  • Assist in loan file support by reviewing loan applications for completeness and accuracy.
  • Collect and organize borrower documentation such as income verification, bank statements, and credit information.
  • Processes loan applications for portfolio and Fannie Mae mortgage loans (e.g., opening escrow, ordering title reports, requesting information needed to complete loans)
  • Ensure loan files are properly documented and updated in the loan origination system (LOS)
  • Maintains system accuracy, issues proper disclosures as required by federal regulatory compliance and reviews rate lock and loan point for accuracy
  • Communicate with loan officers, customers, and team members regarding loan status and documentation needed
  • Performs other duties as assigned

  • Experience in banking and lending required; direct experience in mortgage loan processing with CRA, FHA, and down payment programs assistance preferred.
  • Proficiency in Microsoft Office (Excel, Word, Outlook)
  • Ability to learn loan origination systems (LOS) and internal tools
  • Strong analytical and problem-solving abilities
  • Ability to handle multiple tasks and meet deadlines
  • Good communication and interpersonal skills
  • Bilingual or multilingual professional working proficiency is a plus

East West Bank is an equal opportunity employer.

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.


The base pay range for this position is USD $20.00/Hr. - USD $31.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

Apply