How To Become A Loan Expediter: What It Is and Career Path

What is a loan expediter and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being a loan expediter. For example, did you know that they make an average of $20.73 an hour? That's $43,125 a year! Between 2018 and 2028, the career is expected to grow -3% and produce -38,500 job opportunities across the U.S.

ScoreLoan ExpediterUS Average

Salary

3.4

Avg. Salary $43,125

Avg. Salary $59,228

Stability level

8.6

Growth rate -3%

Growth rate 0.3%

Diversity

7.7

Race

American Indian and Alaska Native 0.39%

Asian 5.40%

Black or African American 10.02%

Hispanic or Latino 11.45%

Unknown 4.10%

White 68.64%

Gender

female 78.95%

male 21.05%

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 loan expediter

Explore loan expediter education requirements

Most common loan expediter degrees

Bachelor's

40.0 %

High School Diploma

30.0 %

Associate

30.0 %

Complete relevant loan expediter training and internships

Accountants spend an average of 1-2 years on post-employment, on-the-job training. New loan expediters 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 loan expediter based on U.S. Bureau of Labor Statistics data and data from real loan expediter resumes.

Research loan expediter duties and responsibilities

Review loan files, facilitate and verify loss mitigation application request, determine eligibility for clients requesting foreclosure financial assistance.
Process FNMA audit/quality control, fail business reports and illogical reports.

Prepare your loan expediter resume

When your background is strong enough, you can start writing your loan expediter 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 loan expediter resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable loan expediter resume templates

Build a professional loan expediter 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 loan expediter resume.