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Part Time Loan Processor Jobs in Indiana (NOW HIRING)

PNC

Mortgage Loan Officer

Fort Wayne, IN

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Part Time Loan Processor information

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How much do part time loan processor jobs pay per hour?

As of Sep 15, 2026, the average hourly pay for part time loan processor in Indiana is $20.27, according to ZipRecruiter salary data. Most workers in this role earn between $17.16 and $22.88 per hour, depending on experience, location, and employer.

What does a part time loan processor do?

A Part Time Loan Processor is responsible for assisting in the preparation, review, and processing of loan applications for banks or lending institutions. They verify applicant information, gather required documents, and ensure all paperwork is accurate and compliant with regulations. Working part-time, they coordinate with applicants, loan officers, and underwriters to move loans through the approval process efficiently. Their role helps ensure timely funding and a smooth customer experience.

What are the key skills and qualifications needed to thrive as a part time loan processor?

To thrive as a Part Time Loan Processor, you need strong attention to detail, knowledge of loan documentation, and familiarity with lending regulations, often supported by a high school diploma or equivalent experience in finance or banking. Proficiency with loan origination systems (LOS), document management software, and Microsoft Office is typically required. Excellent organizational skills, time management, and effective communication are crucial soft skills in this role. These abilities ensure accurate processing, timely approvals, and positive client experiences in a deadline-driven environment.

What are some common challenges faced by part time loan processors, and how can they effectively manage them?

Part-time loan processors often face the challenge of balancing workload and deadlines with reduced hours, which can make time management crucial. Additionally, staying up-to-date with documentation requirements and compliance regulations can be demanding when not working full time. Effective communication with loan officers, underwriters, and clients is key to ensuring files are processed accurately and on schedule. Utilizing organizational tools and clear task prioritization can help part-time processors keep pace and maintain high-quality work.

What is the difference between Part Time Loan Processor vs Full Time Loan Processor?

AspectPart Time Loan ProcessorFull Time Loan Processor
Work HoursLess than 30 hours/week30+ hours/week
CredentialsTypically same certifications as full-timeSame certifications as part-time
Work EnvironmentSame industry settings, flexible scheduleSame industry settings, full schedule
Job ResponsibilitiesProcessing loans, verifying documents, customer communicationSame responsibilities, more hours

Both part-time and full-time loan processors perform similar tasks, including processing loan applications and verifying documents. The main difference lies in work hours and schedule flexibility. Employers in the mortgage and lending industry often hire both roles, with responsibilities remaining consistent regardless of hours worked.

Can I work remotely as a part time loan processor?

Part time loan processors can often work remotely, especially if the employer offers telecommuting options. Remote work typically requires strong computer skills, familiarity with loan processing software, and reliable internet access. Availability for remote work depends on the company's policies and the specific role requirements.

How much do part time loan processors make?

Part-time loan processors typically earn between $15 and $20 per hour, depending on experience, location, and the employer. Their annual earnings can range from approximately $30,000 to $40,000 when working part-time hours, often requiring familiarity with loan processing software and strong attention to detail.

Is a part time loan processor a difficult job?

A part-time loan processor's job involves reviewing loan applications, verifying information, and ensuring compliance with lending policies, which requires attention to detail and organizational skills. The difficulty level depends on the complexity of loan types and the processor's experience, but it generally involves routine tasks and standard procedures. Familiarity with loan processing software and good communication skills can help manage workload effectively.

What are the most commonly searched types of Loan Processor jobs in Indiana?

The most popular types of Loan Processor jobs in Indiana are:

What are popular job titles related to Part Time Loan Processor jobs in Indiana?

For Part Time Loan Processor jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Part Time Loan Processor jobs in Indiana look for?

The top searched job categories for Part Time Loan Processor jobs in Indiana are:

Infographic showing various Part Time Loan Processor job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 14% Part Time, and 4% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $42,162 per year, or $20.3 per hour.

Multifamily Underwriting Intern - Summer 2027

Carmel, IN • On-site

Merchants Bancorp
See more jobs at Merchants Bancorpexternal

Part-time

Posted 15 days ago

Job description

Job Type
Part-time, Temporary, Internship
Description
Are you looking for an internship that encourages creativity and innovation? We believe our people make the difference in our business, and our interns are no exception. In our internship program you will be responsible for supporting your assigned team with a variety of projects and administrative work. No coffee runners work here in the summer; you will do real work that you can add to your resume once you have completed this program. For our top performing interns, this program is our pipeline for many of our entry level full-time positions.
As a Multifamily Underwriting Intern, you will...
  • Underwrite components of multifamily and/or healthcare loans originated by Merchants Capital to Bank guidelines.
  • Provide underwriting narrative input and all applicable forms & exhibits to Loan Committee in a timely manner.
  • Analyze and review third party provided reports including Phase I Environmental, Appraisal, and Property Condition Reports.
  • Review borrower provided organizational documents, financial statements, and Real Estate Owned schedules.
  • Collaborate with underwriters and loan processor to confirm adequacy of due diligence (DD) for the loan file.
  • Communicate to the processor/borrower any outstanding DD issues in connection with preparing the approval narrative, forms & exhibits.
  • Work extensively with Microsoft Excel in financial models as it relates to the underwriting and flow of funds on transactions.
  • Collaborate with closing team to ensure DD is obtained and verified.
  • Review loan documents to ensure clear to close.
  • Attend training on applicable subjects when available and appropriate for position.
  • The goal is that you will take what you have learned in your course work, apply it to your projects and then implement those solutions or recommendations.
  • Have both a manager and mentor to help guide your through our program and your day-to-day work.
  • Be given the opportunity to deliver a final presentation of your project/s results and make business recommendations to your department, team members and Company leadership.

We also offer weekly HR Development Days to help our interns grow professionally and learn about our industry. Look at what we have to offer...
  • Mock interviews and resume review with our talent management team will help prepare you to enter the workforce.
  • LinkedIn training will help you build and develop your personal profile and teach you about the value of online professional networking.
  • DISC Assessment - coursework on how to use your DISC results to help improve teamwork, communication, and productivity in the workplace.
  • "Company Insiders" Training - Listen to current Merchants' employees tell their success stories and learn about who we are and what each department does to support our success.

Requirements
What we are looking for...
  • Have completed at least your sophomore year of college. Graduates are welcome to apply as well.
  • All degree programs will be considered.
  • High school diploma or GED from an accredited institution required.
  • Exhibit these core disciplines: Teamwork, Communication, Critical Thinking, Integrity, Self-Discipline, and Adaptability.

Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank, Merchants Capital Corp., and Merchants Mortgage, a division of Merchants Bank.
Merchants Capital was established in August of 1990 as a mortgage banking firm specializing in multifamily housing and health care facilities finance. With extensive experience in these types of finance, the company is a premier provider and servicer of Multifamily, Affordable, Healthcare, and Student Housing. Our mission is simple: to provide the best origination and service of our loan and investment products with exceptional customer service, accuracy, creativity, speed, and conformance to regulations.

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