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Loan Processor Jobs (NOW HIRING)

First National Bank USA

Be Seen First

Loan Processor

New Orleans, LA · On-site

$40K - $60K/yr

A minimum of 2 years' experience as a Loan Processor or similar role. * In-depth knowledge of closing procedures, loan processes, and documentation. * Good understanding of banking and mortgage ...

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 ...

CrossCountry Mortgage

Loan Processor

San Diego, CA · On-site

$70K - $95K/yr

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 ...

HomeTown_Bank

Loan Processor

League City, TX

$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 ...

Commercial Banking Company

Loan Processor

Valdosta, GA

$13.75 - $18.25/hr

Responsible for processing all loan requests, which includes but not limited to, preparing early disclosures, all necessary loan documents, , obtaining flood data, verifying information given by ...

MONEY INC

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 ...

Kensington Bank

Loan Processor

Cokato, MN · On-site

$22 - $26/hr

What You'll Do As a Loan Processor, you'll play a key role in supporting our Lending department with a variety of loan types, but primarily consumer, commercial and agriculture. In this role you will:

US Realty & Mortgage Inc

Loan Processor

Whittier, CA · On-site

$2K - $4K/mo

Loan processor duties and responsibilities will include analysis of the loan file from initial opening to drawing loan documents for final docs and everything in between. Responsibilities * Perform ...

CrossCountry Mortgage

Loan Processor

Cleveland, OH

$18.25 - $24.25/hr

Loan Processor CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 ...

Commercial Banking Company

Loan Processor

Valdosta, GA

$15.25 - $20.50/hr

Responsible for processing all loan requests, which includes but not limited to, preparing early disclosures, all necessary loan documents, , obtaining flood data, verifying information given by ...

Commercial Banking Company

Loan Processor

Valdosta, GA · On-site

$13.75 - $18.25/hr

Responsible for processing all loan requests, which includes but not limited to, preparing early disclosures, all necessary loan documents, , obtaining flood data, verifying information given by ...

gpac

Loan Processor

Metairie, LA · On-site

$17.25 - $23/hr

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 a strong ...

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 ...

SYNERGY BANK

Loan Processor

New Roads, LA

$18 - $24/hr

The Loan Processor prepares all loan documentation, including loan disclosures for new and existing loans, paying attention to details, and ensuring loan policy, compliance, and regulations are ...

Max Capital Lending

Loan Processor

Las Vegas, NV · On-site

$18 - $24/hr

We are looking for a Loan Processor to manage the middle stage of our loan process. This role focuses on reviewing documentation, ensuring accuracy, and keeping deals moving efficiently from intake ...

Kensington Bank

Loan Processor

Cokato, MN

$22 - $26/hr

What You'll Do As a Loan Processor, you'll play a key role in supporting our Lending department with a variety of loan types, but primarily consumer, commercial and agriculture. In this role you will:

Canter Financial

Loan Processor

Richmond, VA

$60K - $90K/yr

Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking ...

DLP Bank

Loan Processor

Starke, FL · On-site

$16 - $21.25/hr

Loan Processor Starke, FL The Loan Processor supports multiple loan officers that specialize in anything from a simple unsecured loan to a complex commercial real estate loan, and everything in ...

First National Bank USA

Be Seen First

Loan Processor

Boutte, LA · On-site

$40K - $60K/yr

A minimum of 2 years' experience as a Loan Processor or similar role. * In-depth knowledge of closing procedures, loan processes, and documentation. * Good understanding of banking and mortgage ...

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Loan Processor information

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$13

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$30

How much do loan processor jobs pay per hour?

As of Jun 7, 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.

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 may use loan processing software to manage cases efficiently.

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 background checks.
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Loan Processor jobs near you

Loan Processor

First National Bank USA

New Orleans, LA • On-site

$40K - $60K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 23 days ago

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Job description

Responsibilities:

  • Collect and prepare all necessary documentation for the loan package.
  • Research applicant credit status and current financial position.
  • Prepare and maintain all paperwork for existing and new loans, including loan disclosures.
  • Complete loan contracts and ensure clients are kept informed of the rules and requirements.
  • Submit files to the designated Underwriter and/or Board.
  • Conduct interviews to assess client eligibility for loans or mortgages.
  • Ensure you comply with the established regulations and law requirements.
  • Follow-up with clients and third parties to verify important information.
  • Verify documentation for completion and accuracy.
  • Request and review third party documentation such as appraisals, evaluations, title work, insurance, etc...

Requirements:

  • Bachelor’s degree in finance or relevant field is preferable.
  • A minimum of 2 years’ experience as a Loan Processor or similar role.
  • In-depth knowledge of closing procedures, loan processes, and documentation.
  • Good understanding of banking and mortgage computer software and MS Office.
  • Excellent interpersonal and communication skills.
  • Good multitasking abilities with outstanding time management skills.