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No Experience Loan Processor Jobs (NOW HIRING)

Legacy Mortgage Loans Inc

Loan Processor

San Fernando, CA · On-site

$20 - $30/hr

Competitive Compensation Job Summary We are seeking an experienced Loan Processor to join our team. In this role, you will evaluate and process loan applications. Your responsibilities will include ...

RIGHT START MORTGAGE INC

Loan Processor

San Antonio, TX · On-site

$16.75 - $22.50/hr

We are seeking a detail-oriented and experienced Loan Processor to join our mortgage operations team. The successful candidate will be responsible for managing and coordinating the loan application ...

RIGHT START MORTGAGE INC

Loan Processor

San Antonio, TX · On-site

$16.75 - $22.50/hr

We are seeking a detail-oriented and experienced Loan Processor to join our mortgage operations team. The successful candidate will be responsible for managing and coordinating the loan application ...

Mutual of Omaha Mortgage

Loan Processor

Indianapolis, IN · On-site

$18 - $24/hr

We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second ... Effectively manage and process a full pipeline of mortgage loan files (25-30) * Evaluate loan files ...

Mutual of Omaha Mortgage

Loan Processor

Indianapolis, IN · On-site

$18 - $24/hr

We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second ... Effectively manage and process a full pipeline of mortgage loan files (25-30) * Evaluate loan files ...

M2 Lending Solutions

Loan Processor

Denver, CO · On-site

$55K - $70K/yr

About the Loan Processor position M2 Lending Solutions is looking for an experienced, organized, and detailed-oriented Loan Processor with proven expertise to join our team! You will perform all loan ...

Canter Financial

Loan Processor

Richmond, VA · On-site

$90K/yr

Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants ... look no further; apply now! Compensation: $60,000- $90,000 yearly Responsibilities: * Collect and ...

Canter Financial

Loan Processor

Richmond, VA · On-site

$18.50 - $24.75/hr

Description Are you an experienced, detail-oriented mortgage loan processor who can successfully ... no further; apply now! Responsibilities • Communicate with lender closing department and title ...

Newcoast

Loan Processor

Oldsmar, FL · On-site

$17.25 - $23/hr

Loan Processor OVERVIEW: The Loan Processor is responsible for providing customers a service which includes the preparation of loan documents, loan packages for banks and copies of all executed ...

Peregrine Team

Loan Processor

Los Angeles, CA · On-site

$55K - $70K/yr

Experience: 1-3 years in loan processing or mortgage operations. Skills * Strong organizational and ... time-management skills. * Attention to detail and accuracy. * Familiarity with loan systems and ...

CrossCountry Mortgage

Loan Processor

Rochester, NY · On-site

$18.50 - $24.75/hr

Experience in loan origination or mortgage processing within the financial services industry ... Knowledge of FNMA (Fannie Mae) guidelines, underwriting procedures, and mortgage servicing ...

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No Experience Loan Processor information

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How much do no experience loan processor jobs pay per hour?

As of Aug 19, 2026, the average hourly pay for no experience 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 is a no experience loan processor?

A No Experience Loan Processor job is an entry-level role in the mortgage or lending industry, where you assist in reviewing and processing loan applications. Employers typically provide on-the-job training, so prior experience isn't required. Responsibilities often include verifying financial documents, communicating with borrowers, and ensuring compliance with lending guidelines. Strong attention to detail, organization, and communication skills are essential. This role is a great starting point for a career in finance or banking.

What does a no experience loan processor do?

As a No Experience Loan Processor, your day generally involves reviewing loan applications, verifying applicant information, organizing documentation, and communicating with borrowers, loan officers, and other team members to ensure files are complete. You will often follow step-by-step procedures under the guidance of experienced colleagues, allowing you to build knowledge of industry compliance and company protocols. The environment is usually fast-paced but collaborative, with plenty of opportunities to ask questions and receive feedback. Over time, you’ll gain the experience needed for greater responsibility and advancement in the lending or financial services industry.

What are the key skills and qualifications needed to thrive as a no experience loan processor?

To thrive as a No Experience Loan Processor, you should possess strong attention to detail, organizational skills, and a high school diploma or equivalent. Familiarity with basic computer software, such as Microsoft Office and loan processing platforms, is often required, with on-the-job training provided for specialized systems. Outstanding communication, a willingness to learn, and the ability to manage multiple tasks efficiently help individuals stand out. These skills and qualities are important to ensure accuracy, compliance, and smooth coordination throughout the loan approval process.

How much do no experience loan processors make?

No experience loan processors typically earn between $30,000 and $45,000 annually, with entry-level positions often starting around minimum wage and increasing with training and responsibility. Salaries can vary based on location, employer, and the complexity of loan processing tasks performed.

Is a no experience loan processor a difficult job?

A no experience loan processor role typically involves reviewing loan applications, verifying information, and using processing software. While it may require learning industry-specific procedures and attention to detail, it is generally considered an entry-level position with on-the-job training, making it manageable for those new to the field.

What qualifications do I need to be a no experience loan processor?

A no experience loan processor typically needs a high school diploma or equivalent. Basic computer skills, attention to detail, and good communication are important, and on-the-job training is often provided to learn specific loan processing software and procedures.
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No Experience Loan Processor jobs near you
Infographic showing various No Experience Loan Processor job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 19% Part Time, and 4% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Loan Processor

Legacy Mortgage Loans Inc

San Fernando, CA • On-site

$20 - $30/hr

Full-time

Re-posted 26 days ago

Job description

Benefits:
  • Bonus based on performance
  • Free food & snacks
  • Opportunity for advancement

Benefits/Perks
  • Careers Advancement Opportunities 
  • Flexible Scheduling
  • Competitive Compensation 
Job Summary
We are seeking an experienced Loan Processor to join our team. In this role, you will evaluate and process loan applications. Your responsibilities will include interviewing applicants to gather financial information, evaluating creditworthiness, and completing loan contracts. The ideal candidate has excellent communication and customer service skills and a deep understanding of current lending practices and regulations.
 
Responsibilities 
  • Interview applicants to gather financial information
  • Evaluate creditworthiness
  • Process loan applications
  • Set up debt payment plans
  • Report on financing decisions
  • Complete loan contracts
  • Assist clients in understanding the terms and conditions of their contracts
  • Maintain up-to-date knowledge of current financial services and types of loans
  • Keep detailed records for all accounts
Qualifications
  • Bachelor’s degree in finance, economics, or a related field
  • Previous experience as a Loan Processor is preferred
  • Familiarity with Microsoft Excel, databases, and loan processing and banking software
  • Knowledge of lending products and practices
  • Strong customer service and communication skills
  • Ability to perform in a goal-oriented environment