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Senior Student Loan Processor Jobs (NOW HIRING)

Currently seeking qualified candidates for a full time opportunity as a senior loan processor with our client company. Perform duties of Conventional, USDA, FHA, and VA loan processing, closing and ...

Company Description Currently seeking qualified candidates for a full time opportunity as a senior loan processor with our client company. Perform duties of Conventional, USDA, FHA, and VA loan ...

Currently seeking qualified candidates for a full time opportunity as a senior loan processor with our client company. Perform duties of Conventional, USDA, FHA, and VA loan processing, closing and ...

Company Description Currently seeking qualified candidates for a full time opportunity as a senior loan processor with our client company. Perform duties of Conventional, USDA, FHA, and VA loan ...

Senior Loan Processor The Senior Loan Processor is responsible for taking a home loan file from submission through closing. This includes analyzing and verifying credit, income, asset, appraisal, and ...

Sr. Loan Processor

San Diego, CA · On-site

$76K - $99K/yr

Job Title Commercial Senior Loan Processor Department Commercial Loan Processing - Credit Administration Reports To Commercial Loan Processing Manager FLSA Status Non-Exempt Job Summary The Senior ...

Magyar Bank, a leader in the community banking sector, is searching for qualified candidates to join our Residential Lending team in the Central New Jersey area as Sr. Loan Processor The Sr. Loan ...

The Senior Loan Processor is responsible for providing customer service by obtaining necessary documentation to underwrite the loan and ordering third party documentation by communicating directly ...

The Senior Loan Processor is responsible for providing customer service by obtaining necessary documentation to underwrite the loan and ordering third party documentation by communicating directly ...

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Senior Student Loan Processor information

See salary details

$30.5K

$64.9K

$87.5K

How much do senior student loan processor jobs pay per year?

As of Jul 26, 2026, the average yearly pay for senior student loan processor in the United States is $64,909.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,000.00 and $71,500.00 per year, depending on experience, location, and employer.

What does a senior loan processor do?

A senior student loan processor reviews and verifies loan applications, ensuring all required documentation is complete and accurate. They evaluate borrower information, coordinate with lenders and borrowers, and facilitate the approval process, often using loan processing software. This role requires attention to detail, knowledge of loan regulations, and experience in financial documentation.

How much does a loan officer make on a $500,000 loan?

A senior student loan processor typically does not originate loans or earn commissions; however, if referring to a loan officer, their earnings on a $500,000 loan depend on commission structures, which often range from 0.5% to 1% of the loan amount. This could result in earnings of approximately $2,500 to $5,000 for that loan. Compensation varies based on the lender, location, and individual performance.

Is it hard to become a loan processor?

Becoming a senior student loan processor typically requires relevant experience in loan processing, strong attention to detail, and knowledge of loan programs and regulations. Many positions prefer candidates with a high school diploma or higher and proficiency in processing software; some roles may also require certification or training. The difficulty depends on the individual's background and the specific employer's requirements.

What is the difference between Senior Student Loan Processor vs Student Loan Processor?

AspectSenior Student Loan ProcessorStudent Loan Processor
CredentialsTypically requires more experience, possibly advanced certificationsEntry to mid-level certifications, less experience needed
Work EnvironmentMore complex loan processing, oversight responsibilitiesProcessing standard student loans, routine tasks
Employer & Industry UsageUsed in financial institutions, loan servicing companiesCommon in banks, credit unions, loan agencies
Comparison Search IntentOften searched for career progression or senior rolesBasic role understanding or entry-level position

The main difference between a Senior Student Loan Processor and a Student Loan Processor lies in experience, responsibilities, and complexity of tasks. Senior processors handle more complex cases and may oversee junior staff, while student loan processors focus on routine processing. Both roles are essential in the student loan industry, with the senior position requiring more expertise and offering greater responsibilities.

How much is the monthly payment on a $70,000 student loan?

A senior student loan processor would understand that the monthly payment on a $70,000 student loan depends on the interest rate and repayment term. For example, with a 10-year repayment plan at 5% interest, the monthly payment would be approximately $744. Loan servicers and repayment calculators can provide precise estimates based on specific loan details.
What cities are hiring for Senior Student Loan Processor jobs? Cities with the most Senior Student Loan Processor job openings:
What are the most commonly searched types of Student Loan Processor jobs? The most popular types of Student Loan Processor jobs are:
What states have the most Senior Student Loan Processor jobs? States with the most job openings for Senior Student Loan Processor jobs include:
Senior Mortgage Loan Processor & Team Lead

Senior Mortgage Loan Processor & Team Lead

My Education Solutions

San Antonio, TX

Full-time

Medical, Dental, Vision, PTO

Posted 21 days ago


Job description

Senior Mortgage Loan Processor amp; Team LeadLocation: San Antonio, TX, 78230
ABOUT MY EDUCATION SOLUTIONS
My Education Solutions' (MES) mission is to help clients successfully reduce their student loan debt through counseling, enrollment, and administrative services of the Federal Student Loan Forgiveness programs, so our Clients can afford to live the life they dreamed of when they decided to advance their education.
Job Summary:
Angel Ventures Inc is seeking an experienced Senior Mortgage Loan Processor amp; Team Lead to oversee loan processing operations and provide leadership to a team of loan processors. The ideal candidate will have extensive experience in mortgage loan processing, a strong background in compliance and regulatory standards, and supervisory experience leading a team in a fast-paced environment.
Key Responsibilities:
Leadership amp; Team Management
  • Lead, mentor, and train a team of mortgage and student loan processors.
  • Serve as the primary point of contact for escalated loan issues, ensuring timely and effective resolutions.
  • Oversee daily workflow, assign tasks, and monitor team performance to maintain efficiency.
  • Develop and implement process improvements to enhance accuracy and streamline operations.
  • Ensure all loan processing staff adhere to company policies, compliance standards, and industry regulations.
  • Provide regular performance feedback and conduct training sessions to enhance team knowledge and efficiency.
Mortgage Loan Processing
  • Review and verify mortgage loan applications for accuracy, completeness, and compliance.
  • Work closely with loan officers, underwriters, and clients to gather and validate necessary documentation.
  • Ensure the timely processing and submission of mortgage loan applications to underwriting.
  • Monitor the loan pipeline and prioritize workload to meet strict closing deadlines.
  • Stay updated on mortgage lending policies, regulatory requirements, and industry trends.
Student Loan Processing
  • Assist borrowers with federal student loan repayment options, including PSLF and IDR plans.
  • Guide clients through student loan consolidation applications and annual employment certification forms.
  • Educate borrowers on eligibility requirements and loan forgiveness opportunities.
  • Communicate with student loan servicers on behalf of clients as needed.
  • Maintain accurate records of student loan applications and documentation.
Qualifications amp; Skills:
  • Experience: Minimum of 3+ years in mortgage loan processing, with at least 2 years in a supervisory or leadership role.
  • Leadership: Strong experience managing, training, and mentoring loan processors.
  • Technical Skills: Proficiency in loan origination systems, compliance regulations, and mortgage underwriting guidelines.
  • Industry Knowledge: Deep understanding of mortgage lending laws and processes, with familiarity in student loan programs.
  • Customer Service: Excellent communication and interpersonal skills with a client-first approach.
  • Detail-Oriented: Strong organizational skills and ability to manage multiple priorities efficiently.
  • Problem-Solving: Ability to analyze loan scenarios and troubleshoot processing issues.
Preferred Qualifications:
  • Mortgage Loan Processor (MLP) certification or equivalent.
  • Experience with student loan servicers and federal loan processing platforms.
  • Strong knowledge of federal and state mortgage lending regulations.
Benefits:
  • Competitive salary based on experience
  • Health, dental, and vision insurance
  • Paid time off and holidays
  • Professional development and training opportunities
  • Supportive and collaborative work environment
How to Apply:
If you are an experienced mortgage loan processor with strong leadership skills, we invite you to apply! Please submit your resume and a cover letter outlining your experience and qualifications.