Find & Apply For Loan Processor / Assistant Jobs In Shelby, Tennessee

Salary Information & Job Trends In this Region

Loan Processors / Assistants in Shelby, Tennessee play a crucial role in handling loan applications and supporting the lending process. - Entry-level Loan Processor salaries range from $30,000 to $40,000 per year - Mid-career Loan Processor salaries range from $40,000 to $55,000 per year - Senior Loan Processor salaries range from $55,000 to $70,000 per year The profession of Loan Processing in Shelby has roots that trace back to the broader development of financial services in the region. Initially, these roles were handled by general clerks within banks, but over time, they specialized as the demand for consumer and business loans increased. Over the decades, the role of Loan Processors in Shelby has evolved significantly due to technological advancements and changing regulatory landscapes. Automation and software have streamlined much of the application and underwriting processes, enhancing efficiency but also requiring a new set of technical skills. Trends in the loan processing sector include a growing emphasis on digital proficiency and customer service skills, as Loan Processors are increasingly interacting directly with clients through online platforms. There is also a notable shift towards sustainability and responsible lending practices within the industry.