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Retail Loan Processor Jobs (NOW HIRING)

Reliance Bank

Retail Loan Processor/Underwriter I

Altoona, PA · On-site

$18.50 - $24.50/hr

Build Your Banking Career with Reliance Bank Reliance Bank is looking for a customer-focused and detail-oriented Retail Loan Processor/Underwriter I to join our Retail Loan Operations team. This is a ...

Jewett City Savings Bank

Loan Processor

Jewett City, CT · On-site

$18 - $24/hr

Review all types of retail loan applications and supporting documentation for completeness and ... Process rate lock requests based on established guidelines. * Responsible for the preparation of ...

CrossCountry Mortgage

Loan Processor

Rochester, NY · On-site

$18.50 - $24.75/hr

Loan Processor CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 ...

CrossCountry Mortgage

Loan Processor

San Diego, CA · On-site

$20 - $26.50/hr

Description 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 ...

Vanderbilt Mortgage And Finance

Loan Processor

Maryville, TN · On-site

$16.25 - $21.75/hr

Loan Processor (Non - LO - Processor) At Vanderbilt Mortgage, we believe homeownership makes lives ... Works with retail partners and applicants to gather third-party documentation, such as titles ...

CrossCountry Mortgage

Loan Processor

San Diego, CA

$95K/yr

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 ...

CrossCountry Mortgage

Loan Processor

San Diego, CA · On-site

$70K - $95K/yr

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 ...

CAG Acceptance

Loan Processor

Scottsdale, AZ

$18 - $21/hr

Job Title: Loan Processor Company: Chapman Automotive Group Address: 7100 E. McDowell Rd ... As one of the leading automotive retailers in Arizona and Nevada, we take pride in our strong team ...

CAG Acceptance

Loan Processor

Scottsdale, AZ

$18 - $21/hr

Job Title: Loan Processor Company: Chapman Automotive Group Address: 7100 E. McDowell Rd ... As one of the leading automotive retailers in Arizona and Nevada, we take pride in our strong team ...

CAG Acceptance

Loan Processor

Scottsdale, AZ

$18 - $21/hr

Job Title: Loan Processor Company: Chapman Automotive Group Address: 7100 E. McDowell Rd ... As one of the leading automotive retailers in Arizona and Nevada, we take pride in our strong team ...

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Retail Loan Processor information

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$30

How much do retail loan processor jobs pay per hour?

As of Sep 12, 2026, the average hourly pay for retail 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 retail loan processor?

Retail loan processors are professionals who handle the administrative tasks involved in processing loan applications for individual consumers, such as home mortgages, auto loans, or personal loans. They review application materials, verify financial information, gather required documentation, and ensure compliance with lending guidelines and regulations. Their work helps streamline the approval process, making sure that loans move smoothly from application to closing.

What are the key skills and qualifications needed to thrive as a retail loan processor, and why are they important?

To thrive as a Retail Loan Processor, you need strong attention to detail, knowledge of lending regulations, and experience with loan documentation, often supported by a relevant associate degree or equivalent experience. Familiarity with loan origination systems (LOS), banking software, and compliance platforms is typically required. Excellent organizational skills, communication, and the ability to work under pressure help set top performers apart. These competencies ensure loans are processed accurately, efficiently, and in compliance with regulatory standards, minimizing risk for both the lender and borrower.

What are some common challenges faced by retail loan processors, and how can they be managed effectively?

Retail Loan Processors often encounter challenges such as managing tight deadlines, ensuring accuracy in loan documentation, and handling multiple applications simultaneously. Staying organized and maintaining clear communication with loan officers, underwriters, and clients are key to managing these challenges. Utilizing checklists, productivity tools, and thorough review processes can help ensure that all documents are complete and compliant, reducing the risk of errors or delays.

What is the difference between Retail Loan Processor vs Mortgage Loan Processor?

AspectRetail Loan ProcessorMortgage Loan Processor
CredentialsHigh school diploma, sometimes additional certificationsHigh school diploma, mortgage licensing (e.g., NMLS)
Work EnvironmentBank branches, retail banking officesMortgage companies, banks, lending institutions
Industry UsageRetail banking sectorMortgage lending sector
Job FocusProcessing various retail loans like personal, auto, small businessProcessing residential mortgage applications

Retail Loan Processors primarily handle a variety of consumer loans within retail banking, focusing on quick processing and customer service. Mortgage Loan Processors specialize in residential mortgage applications, often requiring specific licensing. While both roles involve loan documentation and verification, their industries and loan types differ significantly.

What states have the most Retail Loan Processor jobs?

States with the most job openings for Retail Loan Processor jobs include:

What are popular job titles related to Retail Loan Processor jobs?

For Retail Loan Processor jobs, the most frequently searched job titles are:

Retail Loan Processor jobs near you
Infographic showing various Retail Loan Processor job openings in the United States as of August 2026, with employment types broken down into 66% Full Time, 33% Part Time, and 1% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Retail Loan Processor/Underwriter I

Altoona, PA

Reliance Savings Bank
See more jobs at Reliance Savings Bankexternal

$18.50 - $24.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 29 days ago

Job description

Description:


Build Your Banking Career with Reliance Bank


Reliance Bank is looking for a customer-focused and detail-oriented Retail Loan Processor/Underwriter I to join our Retail Loan Operations team. This is a full-time, on-site position based at our Corporate Office in Altoona, PA. In this role, you'll partner with our lenders to help our bank customers navigate the loan process while supporting sound credit decisions and ensuring a smooth, efficient lending experience from application through closing.


If you enjoy analyzing information, solving problems, collaborating with others, and helping individuals and families achieve homeownership and other financial goals, we'd love to hear from you.


What You'll Do
  • Review consumer and residential mortgage loan applications for completeness, accuracy, and compliance
  • Gather and analyze credit reports, income documentation, appraisals, collateral information, and other supporting documents
  • Evaluate creditworthiness and calculate qualifying ratios to support lending decisions
  • Underwrite loan requests and prepare approval, counteroffer, or decline recommendations within established authority levels
  • Prepare disclosures, commitment letters, adverse action notices, and other loan documentation
  • Manage assigned loan pipelines to ensure timely processing and closing
  • Order and track appraisals, credit reports, flood certifications, verifications, and other due diligence items
  • Communicate with borrowers, lenders, vendors, and third-party providers to obtain required documentation and clear loan conditions
  • Prepare consumer loan documentation and coordinate loan closings
  • Resolve documentation discrepancies, underwriting concerns, and processing issues
  • Support compliance, quality control, audit, and reporting activities
  • Identify opportunities to improve efficiency and enhance the customer experience
Requirements: What We're Looking For:


Required
  • High school diploma or equivalent
  • Minimum of two (2) years of experience in banking, lending, loan processing, underwriting, or a related financial services role
  • Strong analytical, organizational, communication and problem-solving skills
  • Excellent attention to detail and ability to effectively manage multiple priorities while meeting required deadlines
Preferred
  • Associate's or Bachelor's degree in Business, Finance, Accounting, or a related field
  • Specialized training in consumer lending, mortgage lending, underwriting, or banking operations
  • Knowledge of consumer and residential mortgage lending products
  • Experience processing or underwriting consumer and mortgage loan applications
Why You'll Love Working Here:


At Reliance Bank, we offer a welcoming work environment based on our core values of Integrity, Growth, Relationships, Community, and Team. We are committed to providing the tools, support, and opportunities our team members need to grow their careers while maintaining a healthy work-life balance. That's why we offer a competitive benefits package designed to support your health, financial well-being, career development and work-life balance.


Benefits Include:
  • Medical, dental, and vision insurance
  • 401(k) retirement plan with employer match
  • Annual Paid Time Off (PTO) allotment
  • 11 paid holidays annually
  • Life and disability insurance
  • Employee Assistance Program (EAP)
  • Wellness program and gym reimbursement
  • Professional development and training opportunities
  • Career growth and advancement opportunities
Working Conditions and Physical Demands:
  • Primarily interior office-based work environment with extensive computer use and detailed document review. Frequent need to observe details at close range.
  • Frequent interaction with customers and internal business partners.
  • Frequent use of hands, wrists, and fingers.
  • Extensive sedentary work; occasional movement throughout the workplace and handling of loan files or materials weighing up to 20 lbs.

At Reliance Bank, we are committed to creating an inclusive workplace where team members can thrive and build lasting careers. Reliance Bank is an Equal Opportunity/Affirmative Action Employer committed to maintaining a diverse and inclusive workplace.


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