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Loan Representative Jobs (NOW HIRING)

Communicate with lenders, loan representatives, and third parties to obtain documentation required to process consumer real estate and small business loans. * Communicate with the lending officer and ...

SBA Construction Loan Representative Business Unit: Commercial Banking Reports to: SBA Construction Loan Manager Position Overview: This position is primarily responsible for providing construction ...

Be Seen First

Prepare loan documents that represent the legal agreement between the bank and customers with high attention to detail and accuracy * Act as the bank's representative to review and execute loan ...

Be Seen First

Prepare loan documents that represent the legal agreement between the bank and customers with high attention to detail and accuracy * Act as the bank's representative to review and execute loan ...

The Loan Processing Representative plays a critical role in supporting the Bank's lending operations by onboarding new loan applications received through various channels and ensuring a seamless ...

Loan Officer

Toms River, NJ · Remote

$100K - $500K/yr

Loan Representative - Real Estate Partner Division Company: New World Funding Location: Remote / Hybrid About New World Funding At New World Funding , we're changing the way lending and real estate ...

Loan Officer

Toms River, NJ · Remote

$100K - $500K/yr

Loan Representative - Real Estate Partner Division Company: New World Funding Location: Remote / Hybrid About New World Funding At New World Funding , we're changing the way lending and real estate ...

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Loan Representative information

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$14

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$39

How much do loan representative jobs pay per hour?

As of Aug 6, 2026, the average hourly pay for loan representative in the United States is $24.67, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $34.13 per hour, depending on experience, location, and employer.

What is the difference between Loan Representative vs Loan Processor?

AspectLoan RepresentativeLoan Processor
Required CredentialsHigh school diploma; sometimes relevant certificationsHigh school diploma; often additional certifications
Work EnvironmentCustomer-facing, sales-orientedOffice-based, administrative
Employer & Industry UsageBanks, credit unions, mortgage companiesBanks, mortgage lenders, financial institutions
Common Search & ComparisonYesYes

While both roles are integral to the lending process, a Loan Representative primarily interacts with clients to promote loan products and gather initial information. In contrast, a Loan Processor handles the detailed review and verification of loan documents. Understanding these differences helps job seekers and employers find the right fit within the lending industry.

How does a loan representative collaborate with underwriters and other departments during the loan approval process?

Loan Representatives work closely with underwriters by gathering and verifying applicant information, ensuring all required documentation is complete, and clarifying any inconsistencies before submission. They also frequently communicate with credit analysts and customer service teams to resolve issues and provide applicants with timely updates. This collaborative approach helps streamline the approval process and ensures compliance with lending policies, ultimately leading to a smoother experience for both the customer and the financial institution.

What skills and qualifications are needed to be a loan representative?

To thrive as a Loan Representative, you need strong knowledge of financial products, lending regulations, and customer service, typically supported by a background in finance or a related field. Familiarity with loan origination software, credit analysis tools, and CRM systems is essential. Excellent communication, attention to detail, and problem-solving abilities help build trust and effectively address clients’ needs. These skills ensure accurate loan processing, regulatory compliance, and positive client relationships, all critical for success in this role.

What is a loan representative?

Loan Representatives are professionals who assist individuals and businesses in applying for and obtaining loans from financial institutions. They evaluate applicants' financial information, explain various loan options, and guide clients through the loan application process. Loan Representatives also ensure that all required documents are collected and that clients meet the lending criteria. Their role is crucial in helping borrowers understand the terms, interest rates, and repayment schedules associated with different loan products.
More about Loan Representative jobs
Who are the top companies hiring for Loan Representative jobs? The top employers for Loan Representative jobs are:
What states have the most Loan Representative jobs? States with the most job openings for Loan Representative jobs include:
What are popular job titles related to Loan Representative jobs? For Loan Representative jobs, the most frequently searched job titles are:
Infographic showing various Loan Representative job openings in the United States as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 72% Physical, 1% Hybrid, and 27% Remote job distribution, with an average salary of $51,312 per year, or $24.7 per hour.

RETAIL LOAN SUPPORT SPECIALIST

JD Bank

Lafayette, LA • On-site

Full-time

Posted 12 days ago


Job description


General Summary:


The Retail Loan Support Specialist provides operational and administrative support for consumer real estate and small business lending. This time sensitive position is responsible for preparing and reviewing loan documentation, coordinating the loan closing process, ensuring regulatory compliance, and providing exceptional service to internal and external customers while supporting the efficient funding of retail loan transactions.


Essential Duties and Responsibilities:

  1. Communicate with lenders, loan representatives, and third parties to obtain documentation required to process consumer real estate and small business loans.
  2. Communicate with the lending officer and loan representative and any other necessary party to schedule loan closings.
  3. Ensure loan files comply with applicable federal and state regulations, internal policies, and bank procedures.
  4. Review loan information for accuracy, including interest rates, debt-to-income (DTI), loan-to-value (LTV), escrow calculations, and other underwriting requirements.
  5. Prepare, review, and deliver preliminary disclosures electronically or by other approved methods within required regulatory timeframes.
  6. Complete appraisal requests
  7. Complete title search requests
  8. Review title searches and prepare the necessary documents to perfect our desired lien position.
  9. Assist the Lender/loan representative in communicating with the customer and insurance agents to obtain adequate insurance (coverage amount, flood zone verification, named lien holder, etc.) coverage for both hazard and flood policies, if applicable, prior to closing.
  10. Generate and review all necessary documents (affidavits, LaserPro and Meridian documents, etc.) prior to loan closing.
  11. Review escrow account setup within the core processing system to ensure taxes and insurance are established accurately.
  12. Respond to and resolve Retail Lending Help Desk requests in a timely manner.
  13. Provide courteous and professional support to branch personnel and lenders by answering questions and resolving loan documentation issues.
  14. Maintain accurate loan records while meeting established production and quality standards.
  15. Review loan files for completeness prior to funding
  16. Monitor loan pipelines to ensure regulatory deadlines are met


Other Duties and Responsibilities:

  1. Cross-train in all Retail Loan Support functions to provide backup coverage and operational flexibility.
  2. Support lending officers with system questions and process guidance
  3. Perform Second Look Reviews on denied, withdrawn, and mitigated retail loan applications in accordance with bank policy.
  4. Assist with special projects, process improvements, and departmental initiatives.
  5. Maintain a working knowledge of all applicable banking regulations, including BSA/AML, Fair Lending, TRID, RESPA, ECOA, HMDA, and other compliance requirements applicable to this position.
  6. Participate in departmental meetings and required training.
  7. Perform other duties as assigned by management.


Education and Experience:

  1. High school diploma or equivalent required.
  2. Associate degree in business, finance, or a related field preferred.
  3. Minimum of two years of banking, lending, loan operations, or financial services experience required.
  4. Consumer real estate lending experience preferred.


Preferred Knowledge, Skills & Abilities:

  1. Knowledge of operating a personal computer.
  2. Working knowledge of consumer lending documentation and loan processing procedures.
  3. Experience with LaserPro, MeridianLink, Fiserv, DocuSign, or similar banking software.
  4. Strong understanding of consumer real estate lending regulations and documentation.
  5. Excellent verbal and written communication skills.
  6. Strong organizational and time-management skills with the ability to prioritize multiple deadlines.
  7. High attention to detail and accuracy.
  8. Ability to analyze loan documentation and identify discrepancies.
  9. Ability to work independently while contributing to a collaborative team environment.
  10. Proficiency with Microsoft Office applications, including Outlook, Word, and Excel.
  11. Ability to manage a high-volume workload while maintaining quality and customer service standards.


Scheduling:

Work schedule will vary depending upon demand but will consist of an 8-hour shift between the hours of 7:30 a.m. – 6:30 p.m., Monday through Friday. Occasional overtime may be required. Regular attendance is required.



Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


While performing the duties of this job, the employee is regularly required to stand; walk; sit; use of hands and fingers to feel or handle equipment and files; reach with hands and arms; and talk and hear. The employee is occasionally required to climb or balance and stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception, and ability to adjust focus.