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Loan Processor in Eugene, OR

Loan Processor Job Description

Loan processors review, verify and prepare loan applications for approval. They serve as a liaison between borrowers, loan officers and underwriters to ensure all documentation is accurate, complete and compliant with regulatory standards. This role is essential for maintaining efficient loan operations and delivering a smooth customer experience.

Typical loan processor duties:

Review loan applications and supporting documentation for accuracy and completenessVerify borrower information, including income, employment, credit and assetsCommunicate with applicants to request missing information or clarify discrepanciesPrepare and submit loan files to underwriters for approvalEnsure compliance with lending regulations, company policies and investor guidelinesCoordinate with loan officers, underwriters, title companies and other third partiesTrack loan statuses and provide timely updates to all stakeholdersMaintain organized records and documentation throughout the loan process

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Salary for Loan Processor in Eugene, OR
42400 - 62805
Low
42400
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
50085
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
62805
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Director of Operations – Financial Services 139125 171455 201930 Operations Manager - Financial Services 94605 117925 140185 Client Service Representative 59625 86655 110505 Mortgage Underwriter 64925 80825 106795 Mortgage Processor 34980 43990 59625 Loan Administrator 36040 41870 51940 Performance Analyst 63070 77380 95665 Trader/Sales Assistant 55915 68900 81885

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.