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Part Time Loan Processor Jobs in Tennessee (NOW HIRING)

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Part Time Loan Processor information

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$12

$19

$27

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

As of Aug 23, 2026, the average hourly pay for part time loan processor in Tennessee is $19.33, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $21.83 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 Tennessee?

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

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

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

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

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

What cities in Tennessee are hiring for Part Time Loan Processor jobs?

Cities in Tennessee with the most Part Time Loan Processor job openings:

Infographic showing various Part Time Loan Processor job openings in Tennessee as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $40,215 per year, or $19.3 per hour.

Loan Processor & Loan Officer Assistant

Gold Star Mortgage Financial Group, Corporation

Knoxville, TN โ€ข Hybrid

Full-time, Part-time

Re-posted 19 days ago


Job description

Loan Processor amp; Loan Officer Assistant (LOA) - JOB DESCRIPTION
Position Title: Loan Processor amp; LOA FLSA Status: Non-Exempt :
Pay Grade: I (Junior) or II (Senior) Reports to: Branch Manager or Branch Support Manager
Status: Regular, Full-Time or Part-Time Title Grade: I (Junior) or II (Senior)
Location: Knoxville, TN
SUMMARY amp; PURPOSE OF POSITION:
The Loan Processor amp; Loan Officer Assistant (LOA) is responsible for supporting the Loan Officer and processing team by managing loan files from initial application through underwriting. This hybrid role involves administrative support, client communication, document collection, and coordination with third parties to ensure loans move through the pipeline efficiently and in compliance with company policies and industry regulations.
PRIMARY POSITION-SPECIFIC RESPONSIBILITIES:
โ€ข Obtain and review required loan documentation from customers to ensure completeness and accuracy.
โ€ข Proactively communicate with clients, third-party vendors, and team members to collect missing documentation and resolve discrepancies.
โ€ข Submit complete loan files to underwriting and follow up as needed.
โ€ข Initiate title and appraisal orders; track progress to ensure timely completion.
โ€ข Schedule and coordinate appointments, meetings, and other client-related events for the Loan Officer.
โ€ข Assist with marketing initiatives to support lead generation and client outreach.
โ€ข Stay up to date on company policies, mortgage regulations, and industry best practices.
โ€ข Maintain organized and compliant loan files throughout the processing lifecycle.
โ€ข Perform general clerical duties and other tasks as assigned.
ESSENTIAL SKILLS amp; EXPERIENCE:
โ€ข High School Diploma or equivalent required.
โ€ข Minimum of one (1) year of hands-on loan processing experience in the mortgage banking industry preferred.
โ€ข Exceptional attention to detail and accuracy.
โ€ข Strong organizational skills and ability to manage multiple files and deadlines simultaneously.
โ€ข Dependable and self-motivated with the ability to work independently.
โ€ข Excellent written and verbal communication skills.
โ€ข Comfortable learning and adapting to regulatory updates and internal policy changes.
PREFERRED EDUCATION amp; EXPERIENCE:
โ€ข Previous experience in the mortgage banking industry;
โ€ข Field of study (Associates degree can be substituted for more than 2 years of loan processing
experience)
โ€ข Previous experience with Encompass, a plus