How To Become A Junior Processor: What It Is and Career Path

What is a junior processor and how to become one

Updated January 8, 2025

3 min read

A Junior processor usually works for a financial institution such as a bank or a lender and help loan applicants get the loans they apply for. The junior processor works with loan applicants at every step of the process. First, they assess an applicant's background to make sure that they are able to repay the loans. They also make sure that applicants understand the terms of the loans that they are signing up for and match people to loans that fit their needs.

Junior processors can work with mortgages, student loans, and any other kinds of loans. A few junior processors have bachelor's degrees in finance, but many more do the job with only a high school diploma or associate's degree. With additional work experience and certification, a junior processor can become a regular loan processor.

ScoreJunior ProcessorUS Average

Salary

2.6

Avg. Salary $33,371

Avg. Salary $59,228

Stability level

8.6

Growth rate -3%

Growth rate 0.3%

Diversity

8.4

Race

American Indian and Alaska Native 0.40%

Asian 6.62%

Black or African American 12.37%

Hispanic or Latino 18.50%

Unknown 4.24%

White 57.87%

Gender

female 80.86%

male 19.14%

Age - 41

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 41

Stress level

8.6

Stress level is very high

7.1 - high

Complexity level

6.9

Complexity level is challenging

7 - challenging

Work life balance

5.2

Work life balance is fair

6.4 - fair

Key steps to become a junior processor

Explore junior processor education requirements

Most common junior processor degrees

Bachelor's

37.9 %

Associate

24.1 %

High School Diploma

24.1 %

Start to develop specific junior processor skills

Skills	Percentages
Mortgage Loans	10.04%
Loan Applications	7.17%
Appraisal Orders	7.08%
FHA	6.76%
Va	6.76%

Complete relevant junior processor training and internships

Accountants spend an average of 1-2 years on post-employment, on-the-job training. New junior processors learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a junior processor based on U.S. Bureau of Labor Statistics data and data from real junior processor resumes.

Research junior processor duties and responsibilities

Manage a monthly pipeline averaging 100 files from origination to funding per month as a Jr. processor.
Work directly with mortgage lenders and foreclosure attorneys to negotiate timely and cost effective repayment plans or modifications for delinquent loans.
Ensure accuracy before processing and funding contracts to Nissan and Infiniti dealers

Prepare your junior processor resume

When your background is strong enough, you can start writing your junior processor resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a junior processor resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable junior processor resume templates

Build a professional junior processor resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your junior processor resume.