Loan Processing Assistant

Surprise Insights; New York (NY); On-site; USD 40,000 - 60,000; Full time

Job summary

A financial services provider in New York is seeking a Loan Processing Assistant. This entry-level position will support the preparation and verification of loan applications, ensuring accuracy and completeness. Responsibilities include collecting necessary documents, maintaining logs, and coordinating with underwriters and applicants. Candidates should exhibit strong organizational skills and basic knowledge of loan processes. Opportunities for growth into loan processor or underwriting roles are available, alongside performance-based incentives.

Qualifications

• Strong organizational and documentation skills.
• Ability to handle confidential information with care.
• Basic understanding of loan processes.

Responsibilities

• Collect and organize applicant documents.
• Verify loan application details for accuracy.
• Maintain processing logs and update application statuses.
• Coordinate with loan officers and applicants for missing info.
• Prepare files for underwriting.

Skills

Organizational skills

Communication skills

Document management

Tools

Excel

CRM systems

Job description

Job Overview

We’re looking for a Loan Processing Assistant to support the preparation, documentation, and verification of loan applications. This role ensures all applicant files are accurate, complete, and ready for underwriting review.

Responsibilities

• Collect, review, and organize applicant documents (IDs, bank statements, forms, etc.).
• Verify loan application details for accuracy and completeness.
• Maintain processing logs and update application statuses.
• Coordinate with loan officers, underwriters, and applicants for missing information.
• Prepare files for underwriting and compliance checks.
• Assist with follow-ups, document requests, and internal reports.

Requirements

• Strong organizational and documentation skills.
• Ability to handle confidential information with care.
• Basic understanding of loan processes and financial documentation.
• Proficient with Excel and CRM or loan processing systems.
• Excellent communication skills.

Compensation

Entry-level salary with performance incentives.

Benefits depend on employer. Growth path into Loan Processor or Underwriting roles.

Credit Score Requirement

Because the role interacts with sensitive borrower data, a credit check and background verification is required before interview scheduling.

AI Hiring Tools

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.