Loan Processor Job Description Sample

Loan processors prepare loan files and submit them to mortgage lenders or banks for approval. They are responsible for ensuring all documents and signatures are in order before submitting them. They also interview and assess loan applicants.

Job Description Sample

We are looking for an analytical Loan Processor to conduct loan assessments for businesses and individuals. The successful candidate will be responsible for liaising between us and potential clients, researching loan applicants, evaluating client loan eligibility, and preparing all necessary loan documentation.


A Loan Processor earns an average salary of $44,000 per year. This can range anywhere from $35,000 to $52,000 depending on experience.


Duties and Responsibilities


loan processor job description

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Loan Processor Job Description Template

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author: patrick algrim
About the author

Patrick Algrim is an experienced executive who has spent a number of years in Silicon Valley hiring and coaching some of the world’s most valuable technology teams. Patrick has been a source for Human Resources and career related insights for Forbes, Glassdoor, Entrepreneur,, SparkHire, and many more.


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