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Loan Processor Jobs (NOW HIRING)

Loan Processor

Whittier, CA ยท On-site

$2.0K - $4.0K/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 ...

Loan Processor

New Orleans, LA ยท 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 ...

Loan Processor

Waco, TX ยท On-site

$16.75 - $22.25/hr

Loan Processor My client located in Waco, Texas is in need of a Loan Processor. This is an onsite direct hire opportunity with the ability to work one day from home per week. Company Profile Our ...

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 ...

Loan Processor

Valdosta, GA ยท 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 ...

Loan Processor

Fort Atkinson, WI ยท 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 ...

Loan Processor

Rochester, NY ยท On-site

$18.50 - $24.75/hr

The Loan Processor supports the loan origination process by coordinating communication among borrowers, real estate professionals, attorneys, and underwriting. The Loan Processor ensures accurate ...

Loan Processor

Salt Lake City, UT ยท On-site

$18.25 - $24.25/hr

Loan Processor Please Note: This is a Utah-based hybrid position, which will require some regular in-office days each week. Additionally, employment with Medallion Bank is contingent on passing both ...

Loan Processor

Valdosta, GA ยท On-site

$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 ...

Loan Processor

Valdosta, GA ยท 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 ...

Loan Processor

Whittier, CA ยท On-site

$2.0K - $4.0K/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 ...

Loan Processor

Anaheim, CA ยท 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 ...

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Loan Processor

Boutte, LA ยท 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 ...

The Loan Processor is responsible for reviewing, verifying, and processing residential or commercial loan applications to ensure accuracy, completeness, and compliance with federal and Nevada lending ...

Loan Processor

Prairieville, LA ยท On-site

$17 - $22.75/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 ...

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 looking for ...

Loan Processor

Henderson, NV ยท On-site

$17.75 - $23.75/hr

The Loan Processor is responsible for reviewing, verifying, and processing residential or commercial loan applications to ensure accuracy, completeness, and compliance with federal and Nevada lending ...

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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 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.
What cities are hiring for Loan Processor jobs? Cities with the most Loan Processor job openings:
What are the most commonly searched types of Loan Processor jobs? The most popular types of Loan Processor jobs are:
Who are the top companies hiring for Loan Processor jobs? The top employers for Loan Processor jobs are:
What states have the most Loan Processor jobs? States with the most job openings for Loan Processor jobs include:
What job categories do people searching Loan Processor jobs look for? The top searched job categories for Loan Processor jobs are:
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

US Realty & Mortgage Inc

Whittier, CA โ€ข On-site

$2.0K - $4.0K/mo

Part-time

Posted 8 days ago


Job description

LOOKING FOR PART-TIME TO FULL TIME. NOT A REMOTE JOB!ย  Willing to drive to Whittier, CA daily.

We are looking for a HIGH ENERGY, DETAILED and reliable Loan Processor to individual loans. You will undertake an intermediary role between wholesale lenders and our inside team. We are looking for qualified applicants to process loans in a timely manner with outstanding customer service, writing and phone skills. 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 initial review of the loan file
  • Collect and package the loan file for submission to the underwriter
  • Document the file and reach out to all participants for updated documents (Credit/income/Assets/Insurance/etc.)
  • Obtain loan applications daily
  • Edit application, or input application through Point and download to Automated Underwriting System (Desktop Underwriter) and run credit to obtain pre-approval
  • Document borrower information provided in application
  • Submit file to underwriter for Pre-Approval
  • Notify Loan Originator (Loan Advisor, A-List, or Loan Consultant) regarding prequalification, requirements, and decision (approval, counteroffer, denial)
  • Obtain all conditions required from borrower (i.e. income documentation, assets/bank statements, purchase contract and escrow instructions if purchase transaction)
  • Analyze all forms of income documentation
  • Send preapproval letter to borrower upon request
  • Maintain open communication with the borrower or Loan Originator

Skills

  • Be able to work in an office
  • Proven 3-5 year working experience in a loan processor role
  • Good knowledge of Calyx software and MS Office
  • 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

Job Type: Part Time to Full-time as business picks up

Company Description

We are a Real Estate Firm and Mortgage Company. Please call Elizabeth @ 323-833-1957 or email resume to elizabeth@eresmortgage.com