NextChapter

Entry-level loan processor jobs: what the job is, skills and open roles

A loan processor gathers and verifies the documents behind a loan, checks the file for completeness and passes it to underwriting. Right now 20 entry-level loan processor jobs are open on employers’ own career sites.

What a loan processor does

In the banking, insurance and real estate family of jobs. Roles that serve customers and process accounts, policies, loans and property.

A typical day

  1. 1. Collect borrower documents
  2. 2. Verify income and assets
  3. 3. Order appraisals and title
  4. 4. Track conditions
  5. 5. Communicate with borrowers

Do you need experience?

None of the 20 open entry-level loan processor jobs we track say in their own text that no experience is required, so expect employers to look for related experience, coursework or projects. The figures are counted from the posting text and change as jobs open and close.

Open entry-level loan processor jobs

Taken from employers’ own career sites and checked to still be open within the last week.

Showing the newest 15 of about 20 verified open jobs here. Search all jobs

Search all loan processor jobs

Skills for loan processor jobs

The skills this job uses, most important first. Most can be learned or shown before the first day.

Skills to build or show

  1. 1. Attention to detail
  2. 2. Loan software
  3. 3. Document checking
  4. 4. Deadlines
  5. 5. Customer communication

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The market for loan processor work

Every figure names its source.

Open entry-level loan processor jobs
20

Source: NextChapter, checked against employer career sites, last 7 days.

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Openings that say no experience is required
0

Source: The posting’s own text, counted by NextChapter.

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Where entry-level loan processor jobs are

Between jobs? Unemployment benefits and severance rules in these states, or in every state.

Employers hiring loan processors now

  • W. R. Berkley 4
  • Beazley 3
  • Amwins Group 2
  • Brown & Brown 2
  • AmeriLife 1
  • Ascot Group 1
  • Covita Lending 1
  • Elevations Credit Union 1
  • First Citizens Bank 1
  • John Damato PLLC 1

More jobs like loan processor

Roles that use the same skills, and where this job commonly leads.

Where it can lead

Similar entry-level jobs

All entry-level banking, insurance and real estate jobs · Loan Processor jobs at every level

Questions about loan processor jobs

What does a loan processor do?
A loan processor gathers and verifies the documents behind a loan, checks the file for completeness and passes it to underwriting. A typical day includes: collect borrower documents; verify income and assets; order appraisals and title; track conditions; communicate with borrowers.
Can I get an entry-level loan processor job with no experience?
None of the 20 open entry-level loan processor jobs we track say in their own text that no experience is required, so expect employers to look for related experience, coursework or projects. The figures are counted from the posting text and change as jobs open and close.
What skills do you need to be a loan processor?
The skills this job uses most are attention to detail, loan software, document checking, deadlines, customer communication. Most can be learned before the first day through coursework, short courses, practice or a related job.
Where can a loan processor job lead?
People in this job commonly move to credit analyst, bank teller, claims processor, real estate or leasing assistant. The link between jobs is the shared skills; the path is not guaranteed and depends on the employer.

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