Loan Processor

Overview

LaSalle Network is hiring on behalf of a Loan Provider in Summit, IL seeking a Loan Processor due to growth. The Loan Processor will play a key role in reviewing, analyzing, and processing consumer loan applications from submission through final determination. The Loan Processor works closely with internal teams, applicants, and external partners to deliver a seamless borrower experience. Familiarity with Loan Origination Systems such as GDS and Loan Management Systems like NLS (Nortridge) is strongly preferred.

• Review incoming loan applications to confirm completeness, accuracy, and proper documentation.
• Enter, manage, and track applications using a Loan Origination System (LOS), monitoring status throughout the lifecycle.
• Process loan files in alignment with established procedures, credit standards, and regulatory expectations.
• Analyze credit profiles and risk indicators to determine borrower eligibility in accordance with underwriting criteria.
• Leverage Loan Management Systems (e.g., NLS/Nortridge) to evaluate payment histories and maintain accurate account records.
• Review and validate collateral documentation, when applicable, ensuring proper valuation and compliance.
• Work directly with applicants, internal teams, and third-party vendors to obtain missing or additional information.
• Provide clear and timely updates to loan officers, managers, and other stakeholders.
• Ensure adherence to federal, state, and local regulations, including consumer protection and fair lending requirements.
• Follow internal credit and risk management policies at all times.
• Identify opportunities to enhance underwriting and processing efficiency and accuracy.

• Bachelor’s degree preferred
• 5+ years of experience in loan underwriting or processing within consumer lending or a comparable financial environment.
• Background working with subprime, near-prime, or prime credit portfolios strongly preferred.
• Experience with consumer finance lenders such as Opp Loans, Credit Ninja, Lendmark, or One Main Financial is a plus.
• Practical experience with Loan Origination Systems, ideally GDS.
• Working knowledge of Loan Management Systems such as NLS (Nortridge) or similar tools.
• Proficiency in Microsoft Office applications, including Excel, Word, and Outlook.
• Solid understanding of credit evaluation, underwriting principles, and regulatory compliance.
• Strong analytical and decision-making skills with keen attention to detail.
• Excellent written and verbal communication abilities.

This position is based full time in Summit, IL. The pay for this position is between $70, annually with a discretionary bonus and benefits available including health, dental, and vision.

If you meet the qualifications and are interested in learning more, apply today!

Rachel Holmes

Principal, LaSalle Network

LaSalle Network is an Equal Opportunity Employer m/f/d/v.

LaSalle Network is the leading provider of direct hire and temporary staffing services. For over two decades, LaSalle has helped organizations hire faster and connect top talent with opportunities, from entry-level positions to the C-suite. With units specializing in Accounting and Finance, Administrative, Engineering, Marketing, Technology, Supply Chain, Revenue Cycle, Call Center, Human Resources and Executive Search, LaSalle offers staffing and recruiting solutions to companies of all sizes and across all industries.

All assignments are at-will and their duration is subject to change.