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Loan Processor in Jacksonville, FL

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 Jacksonville, FL
38800 - 57473
Low
38800
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
45833
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
57473
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 127313 156898 184785 Operations Manager - Financial Services 86573 107913 128283 Client Service Representative 54563 79298 101123 Mortgage Underwriter 59413 73963 97728 Mortgage Processor 32010 40255 54563 Loan Administrator 32980 38315 47530 Performance Analyst 57715 70810 87543 Trader/Sales Assistant 51168 63050 74933

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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.