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Sba Underwriter Jobs in Indiana (NOW HIRING)

First Internet Bank

SBA Loan Processor I

Fishers, IN · On-site

$17.50 - $23.50/hr

Collecting and reviewing required application items and documents for underwriting and closing * Constructing submission packages for SBA Operations * Coordinating due diligence requirements

FIRST INTERNET BANK

SBA Loan Processor I

Fishers, IN · On-site

$17.75 - $23.50/hr

Collecting and reviewing required application items and documents for underwriting and closing * Constructing submission packages for SBA Operations * Coordinating due diligence requirements

FIRST INTERNET BANK

SBA Loan Closer I

Fishers, IN

Interact with the underwriters, referral partners, borrowers, attorneys, and other 3rd party ... Minimum of one year of previous SBA Closing experience preferred * Heavy volume closing experience ...

FIRST INTERNET BANK

SBA Loan Processor I

Fishers, IN

$17.75 - $23.50/hr

Collecting and reviewing required application items and documents for underwriting and closing * Constructing submission packages for SBA Operations * Coordinating due diligence requirements

FIRST INTERNET BANK

SBA Loan Closer I

Fishers, IN · On-site

Interact with the underwriters, referral partners, borrowers, attorneys, and other 3rd party ... Minimum of one year of previous SBA Closing experience preferred * Heavy volume closing experience ...

Crowe LLP

Loan Review Senior Consultant

South Bend, IN · On-site

Working knowledge of SBA SOP is a plus * Understanding of credit processes, such as loan origination and underwriting; credit policies; portfolio management; allowance for loan and lease losses; loan ...

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All JobsSba Underwriter JobsSba Underwriter Jobs in Indiana

Sba Underwriter information

See Indiana salary details

$68K

$92.8K

$113.2K

How much do sba underwriter jobs pay per year?

As of Aug 16, 2026, the average yearly pay for sba underwriter in Indiana is $92,844.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,300.00 and $104,200.00 per year, depending on experience, location, and employer.

What is an SBA underwriter?

An SBA underwriter assesses the credit risk of a small business before approving financial loans, typically for fixed assets such as real estate or machinery. They base their decision on income, loan amount, and the ability of a borrower to repay the lender. Responsibilities include reviewing and analyzing applications. Duties also involve compliance with all laws and regulations of the U.S. Small Business Administration as well as the tenets of its mission statement. Qualifications to become an SBA underwriter include a bachelor’s degree in finance, business, or a similar field.

What are some common challenges SBA underwriters face when evaluating loan applications, and how can they effectively address them?

SBA Underwriters often encounter challenges such as incomplete borrower documentation, complex business structures, and interpreting Small Business Administration (SBA) guidelines. Effectively addressing these issues requires strong attention to detail, proactive communication with applicants and loan officers, and staying updated on regulatory changes. Successful underwriters collaborate closely with credit analysts, business development officers, and SBA representatives to ensure all requirements are met and risks are properly assessed, ultimately facilitating smooth loan approvals.

What is the difference between Sba Underwriter vs Loan Processor?

AspectSba UnderwriterLoan Processor
CredentialsTypically requires a finance or related degree, certifications like CEIS or similarOften requires a high school diploma or equivalent, some experience in loan processing
Work EnvironmentOffice setting, analyzing financial documents, assessing riskOffice setting, gathering documents, preparing loan files
Employer & IndustryCommercial banks, SBA lenders, financial institutionsMortgage companies, banks, credit unions
Comparison Search IntentUnderstanding roles in loan approval processLearning about loan processing tasks

The main difference between an Sba Underwriter and a Loan Processor lies in their responsibilities. An Sba Underwriter evaluates the risk and approves or denies SBA loan applications based on financial analysis, while a Loan Processor gathers necessary documents and prepares files for review. Both roles are essential in the loan approval process but focus on different stages and tasks within the lending industry.

More about Sba Underwriter jobs

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Sba Underwriter jobs near you
Infographic showing various Sba Underwriter job openings in Indiana as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $92,844 per year, or $44.6 per hour.

SBA Loan Processor I

First Internet Bank

Fishers, IN • On-site

$17.50 - $23.50/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 16 days ago

Job description

About the Position:
As the Small Business Administration (SBA) Loan Processor, you will ensure loan submission packages are SBA compliant and you will have the responsibility of securing an SBA guaranty on loans. You will support the end-to-end loan process of SBA applications from collecting documentation to final preparation of submission packages, working across all functions of SBA loan origination to closing. Your success in the role will require prioritizing, strong professional and productive relationships, high level of accuracy and ethical standards and continuous process improvement.
What You Will Do:
  • Prepares loan packages for submission to the SBA via its E-Tran system ensuring compliance within the most current SBA guidelines, including, but not limited to:
    • Collecting and reviewing required application items and documents for underwriting and closing
    • Constructing submission packages for SBA Operations
    • Coordinating due diligence requirements
    • Maintaining accurate pipeline and audit records
    • Assisting in corrections to ensure an SBA guaranty is obtained
  • May support Lenders in:
    • Qualifying SBA loan opportunities to ensure they meet the internal guidelines and SBA SOP
    • Preparing proposals, reviews and routine correspondence both internally and with customers
    • Answering customer calls and messages
  • Audits work for accuracy, continuous improvement and completion by:
    • Performing daily review of the good faith deposit report and following up with necessary parties as needed
    • Staying current on the most recently published SBA SOP and internal requirements for eligibility
    • Assisting in ensuring an updated pipeline report
    • Reviewing processes and recommending changes to create efficiencies
  • Perform other duties as assigned
What We're Looking For:
  • A minimum of one year of experience processing or closing consumer, mortgage, or commercial loans; commensurate banking experience in customer service, loan, servicing, or account operations will also be considered.
  • Understanding or previous experience with SBA Standard Operations Procedure (SOP) strongly preferred.
  • Strong written and verbal communication skills with the ability to interact effectively across all levels of employees, management, and third parties.
  • Ability to meet strict timelines and service level agreements in a fast-paced environment.
  • Strong problem-solving skills to identify issues and explore solutions.
  • Self-starter with the ability to work independently and collaboratively within a team.
  • Proficiency in PC skills and ability to quickly learn new systems; previous experience with nCino highly preferred.
  • E-Tran experience is a plus
  • Excellent time management and organizational skills.
Working Conditions/Demands:
  • Professional office setting.
  • Primarily sedentary position requiring long periods of time working at a computer.
  • Must be able to move throughout the office and buildings to obtain or relay information.
  • Must be able to perform the essential functions of the position with or without reasonable accommodation.
Who Are We?
We're not just another bank and we're not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.
We seek the game changers, the innovators...those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It's your career, you deserve to imagine more. Keep reading, we think you will like you what see.
Why Join Us?
At First Internet Bank, our workplace is built around people. Guided by four core competencies-Collaborate to Win, Adapt with Agility, Decide for Impact, and Put People First-we've created an environment where individuals feel empowered, supported, and inspired to do their best work. This commitment to collaboration and growth has earned meaningful recognition, including being named a Top Workplace multiple times and one of the Best Banks to Work For. We're proud of these honors because they reflect what matters most to us: our team.
This culture comes to life at our 175,000-square-foot headquarters in downtown Fishers, designed with our people in mind. Inside, you'll find thoughtfully designed workspaces, an onsite fitness center and The Backyard, our 18,000-square-foot open-air deck with fire pits, covered pergolas, a waterfall, and plenty of greenery for stepping away and recharging. Add free snacks, soft drinks, beer on tap, unlimited volunteer time off, continuous education opportunities for development and regular team events, and you'll find plenty of ways we support connection and a great workday.
Our benefits package includes the following and so much more:
  • Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment
  • 401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment
  • Professional Development Reimbursement
  • At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date
  • Eleven Paid Holidays
  • Paid Volunteer Time
  • Annual First Internet Bank-branded merchandise allowance

Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities
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