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Trainee Student Loan Processor Jobs (NOW HIRING)

Triad Financial Services Inc

Loan Processor

Anaheim, CA · On-site

$25.01/hr

Having successfully completed training and a probationary period as a Trainee, you will utilize ... Process loan files in compliance with company policies, regulatory guidelines, and investor ...

Rock Valley College

Student Loan Coordinator

Rockford, IL · On-site

$55K - $58K/yr

This position coordinates loan processing, borrower communications, reconciliation, default prevention, and related compliance activities while serving as a primary resource for students, staff, and ...

Thrivent Financial

$81K - $110K/yr

Demonstrates strong process ownership across the student loan lifecycle by developing andmaintainingcomprehensive procedural documentation for loan administration and servicing. Drives continuous ...

Yrefy LLC

Student Loan Advocate

Phoenix, AZ · On-site

$60K - $150K/yr

Student Loan Advocate (Inside Sales) Type: Hourly, Non-Exempt, Full-Time, In-Office, Non-Remote ... process by gathering documents for underwriting and ensuring that we are helping each unique ...

Yrefy LLC

Loan Processing Specialist (Ignyte)

Phoenix, AZ · On-site

$40K - $55K/yr

This role ensures smooth communication and resolution of student application issues, supports ... Loan Processing & Problem Solving * Identify and resolve issues in the loan processing workflow to ...

Yrefy LLC

Loan Processing Specialist (Ignyte)

Phoenix, AZ · On-site

$40K - $55K/yr

This role ensures smooth communication and resolution of student application issues, supports ... Loan Processing & Problem Solving * Identify and resolve issues in the loan processing workflow to ...

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Trainee Student Loan Processor information

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How much do trainee student loan processor jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for trainee student 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 are the most commonly searched types of Student Loan Processor jobs? The most popular types of Student Loan Processor jobs are:
Trainee Student Loan Processor jobs near you
Infographic showing various Trainee Student Loan Processor job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 89% Full Time, 6% Part Time, and 4% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
Loan Processor

Loan Processor

Triad Financial Services Inc

Bourbonnais, IL • On-site

$25/hr

Full-time

Posted 28 days ago

Job description

As a Loan Processor, you will play a vital role in our mortgage lending operations, responsible for efficiently processing loan files from application to closing. Having successfully completed training and a probationary period as a Trainee, you will utilize your expertise to collect and review borrower documents, communicate with customers, and collaborate closely with Loan Originators and Underwriters to ensure timely and accurate processing of loan applications.

Key Responsibilities:

  • Collect and review borrower documents, including income verification, credit reports, and property information, to ensure completeness and accuracy.
  • Process loan files in compliance with company policies, regulatory guidelines, and investor requirements.
  • Communicate with customers to request additional documents or information, provide status updates, and address inquiries throughout the loan process.
  • Work closely with Loan Originators and Underwriters to resolve issues, address conditions, and clear loan file for approval.
  • Maintain detailed and organized loan files, ensuring all documentation is properly documented and stored.
  • Verify data accuracy in loan origination system and other relevant software platforms.
  • Coordinate with third-party vendors, such as appraisers and title companies, to facilitate loan transactions.
  • Adhere to established timelines and service level agreements to meet closing deadlines.
  • Provide exceptional customer service, ensuring a positive experience for borrowers throughout the loan process.

Minimum Qualifications:

  • High school diploma or equivalent is mandatory; a college degree in finance or banking is preferred.
  • Previous experience of 2-3 years in a professional office setting is required, ideally in an administrative or mortgage assistant role.
  • Understanding of various loan products, including conventional loans, FHA, VA, adjustable/fixed-rate mortgages, etc., is essential.
  • Highly driven and goal-oriented, with exceptional customer service and communication capabilities.
  • Comfortable working in a dynamic, fast-paced environment.
  • Skilled in managing a loan pipeline and associated tasks to meet designated turn times effectively.
  • Proficient in Microsoft Office suite; capable of swiftly acquiring proficiency in the company’s proprietary mortgage software products.

Physical Demands:

  • Capable of safely and proficiently performing essential job functions as per ADA, FMLA, and other relevant standards, meeting productivity criteria.
  • Maintain consistent, punctual attendance in compliance with ADA, FMLA, and other regulations.
  • Clear and articulate communication skills on the telephone.
  • Ability to sit at a workstation for extended periods.
  • Proficient in physical typing.