CPT Loan Processor Jobs
Loan Processor jobs on CPT place you inside mortgage origination, underwriting support, or consumer lending pipelines, roles your DSO can authorize when the work ties directly to your finance, business, or accounting curriculum. Most positions are full-time and structured around production cycles, which aligns well with a full-time CPT authorization.
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Get Access To All JobsINTRODUCTION
RCN Capital is a national, direct private lender supporting real estate investors across the country.
ROLE AND RESPONSIBILITIES
The Loan Servicing Intern will support the Loan Servicing team by performing a variety of administrative, operational, and analytical tasks related to the servicing lifecycle. This role is ideal for a college student pursuing a degree in business, finance, accounting, data analytics, or a related field who is seeking hands‑on experience in mortgage/loan operations. The intern will gain exposure to real-world servicing functions, compliance requirements, loan documentation, and customer service processes.
Responsibilities:
Loan Administration & Data Management
- Assist with the review, organization, and maintenance of loan files and electronic records.
- Update internal systems with loan-level data, status updates, and required documentation.
- Conduct routine audits of loan documents for completeness, accuracy, and compliance.
- Support the preparation of monthly reports, dashboards, and internal tracking logs.
Payment & Escrow Support
- Help reconcile payment histories, escrow balances, and transaction discrepancies.
- Research borrower inquiries or payment issues and prepare findings for servicing staff.
Customer Service & Communications
- Draft borrower communications, notices, and follow-up emails as directed by servicing staff.
- Assist in logging, tracking, and resolving inbound borrower requests.
Compliance & Quality Control
- Support the team in meeting regulatory and internal policy requirements.
- Assist with quality control reviews and documentation corrections.
Special Projects
- Participate in system enhancement testing, workflow improvements, and data clean-up initiatives.
- Contribute to department-wide projects and process optimization efforts.
- Assist with ad hoc tasks as needed across Loan Servicing.
BASIC QUALIFICATIONS
- Strong attention to detail and high level of accuracy.
- Excellent organizational and time-management skills.
- Proficient with Microsoft Excel, Word, and Outlook (experience with spreadsheets preferred).
- Strong written and verbal communication skills.
- Ability to maintain confidentiality and handle sensitive financial information.
- Willingness to learn loan servicing concepts and industry terminology.
EDUCATIONAL PATHS OF INTEREST
- Current college student pursuing a degree in Business, Finance, Accounting, Economics, Data Science, or a related discipline.
WORK SCHEDULE
- Full time during internship - 40 hours/week
- Onsite in either:
- South Windsor, CT
- Charlotte, NC
- Los Angeles, CA
- Standard schedule is Monday-Friday, 9AM to 6PM
INTRODUCTION
RCN Capital is a national, direct private lender supporting real estate investors across the country.
ROLE AND RESPONSIBILITIES
The Loan Servicing Intern will support the Loan Servicing team by performing a variety of administrative, operational, and analytical tasks related to the servicing lifecycle. This role is ideal for a college student pursuing a degree in business, finance, accounting, data analytics, or a related field who is seeking hands‑on experience in mortgage/loan operations. The intern will gain exposure to real-world servicing functions, compliance requirements, loan documentation, and customer service processes.
Responsibilities:
Loan Administration & Data Management
- Assist with the review, organization, and maintenance of loan files and electronic records.
- Update internal systems with loan-level data, status updates, and required documentation.
- Conduct routine audits of loan documents for completeness, accuracy, and compliance.
- Support the preparation of monthly reports, dashboards, and internal tracking logs.
Payment & Escrow Support
- Help reconcile payment histories, escrow balances, and transaction discrepancies.
- Research borrower inquiries or payment issues and prepare findings for servicing staff.
Customer Service & Communications
- Draft borrower communications, notices, and follow-up emails as directed by servicing staff.
- Assist in logging, tracking, and resolving inbound borrower requests.
Compliance & Quality Control
- Support the team in meeting regulatory and internal policy requirements.
- Assist with quality control reviews and documentation corrections.
Special Projects
- Participate in system enhancement testing, workflow improvements, and data clean-up initiatives.
- Contribute to department-wide projects and process optimization efforts.
- Assist with ad hoc tasks as needed across Loan Servicing.
BASIC QUALIFICATIONS
- Strong attention to detail and high level of accuracy.
- Excellent organizational and time-management skills.
- Proficient with Microsoft Excel, Word, and Outlook (experience with spreadsheets preferred).
- Strong written and verbal communication skills.
- Ability to maintain confidentiality and handle sensitive financial information.
- Willingness to learn loan servicing concepts and industry terminology.
EDUCATIONAL PATHS OF INTEREST
- Current college student pursuing a degree in Business, Finance, Accounting, Economics, Data Science, or a related discipline.
WORK SCHEDULE
- Full time during internship - 40 hours/week
- Onsite in either:
- South Windsor, CT
- Charlotte, NC
- Los Angeles, CA
- Standard schedule is Monday-Friday, 9AM to 6PM
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Get Access To All JobsLoan Processor CPT: Frequently Asked Questions
Does a Loan Processor role qualify for CPT authorization?
Yes, if the role directly connects to your coursework in finance, accounting, banking, or a related field. Your DSO will assess whether processing loan applications, reviewing borrower documentation, or supporting underwriters constitutes an integral part of your curriculum. Roles at banks, mortgage companies, and credit unions typically satisfy this requirement when your program has a practicum or internship component.
Can I work full-time as a Loan Processor on CPT during the academic year?
Full-time CPT during the academic year is allowed but requires explicit DSO approval on your I-20. Many programs restrict full-time CPT to summer or require co-enrollment in a CPT course. Be aware that accumulating 12 or more months of full-time CPT uses up your OPT eligibility entirely, which affects your post-graduation work authorization options.
How do I find Loan Processor positions that actively hire F-1 CPT students?
Migrate Mate lets you filter for Loan Processor roles at employers with a track record of hiring international students. Many smaller mortgage companies and regional banks haven't standardized their CPT onboarding process, so targeting employers already familiar with F-1 work authorization saves significant back-and-forth during the offer stage.
What documents does a Loan Processor employer need to verify my CPT authorization?
Your employer needs your CPT-endorsed I-20, your unexpired F-1 visa stamp, your passport, and your EAD card if one was issued. For Loan Processor roles at institutions enrolled in E-Verify, you'll complete Form I-9 on or before your first day of work. The employer name and start date on your I-20 must match your offer letter exactly.
Does working as a Loan Processor on CPT improve my chances of H-1B sponsorship later?
CPT experience in a Loan Processor role demonstrates hands-on competency in credit review and loan origination, which supports a specialty occupation argument if the position requires a finance or business degree. However, CPT itself doesn't guarantee sponsorship. Loan Processor roles must meet the specialty occupation definition under USCIS standards, which typically requires the employer to justify that a bachelor's degree in a specific field is the minimum requirement for the role.