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Assistant Mortgage Processor Jobs in Chicago, IL

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Mortgage Loan Officer

Chicago, IL · On-site

$32 - $39/hr

Mortgage Advisors have the opportunity to earn commission in addition to their base pay. In 2025 ... Oversee loan process by monitoring loan status and ensuring conformity with terms. * Assist in ...

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All JobsMortgage Processor JobsAssistant Mortgage Processor JobsAssistant Mortgage Processor Jobs in Chicago, IL

Assistant Mortgage Processor information

See Chicago, IL salary details

$13

$19

$30

How much do assistant mortgage processor jobs pay per hour?

As of Sep 3, 2026, the average hourly pay for assistant mortgage processor in Chicago, IL is $19.89, according to ZipRecruiter salary data. Most workers in this role earn between $17.36 and $21.06 per hour, depending on experience, location, and employer.

What does an assistant mortgage processor do?

An Assistant Mortgage Processor supports mortgage processors and loan officers by gathering, reviewing, and organizing loan application documents. They communicate with borrowers to collect necessary information, verify employment and credit details, and ensure all paperwork meets lender requirements. Their role is essential in streamlining the loan approval process and maintaining accurate records to help loans close on time.

What are the key skills and qualifications needed to thrive as an assistant mortgage processor, and why are they important?

To thrive as an Assistant Mortgage Processor, you need a keen eye for detail, strong organizational skills, and a basic understanding of mortgage lending procedures, often supported by a high school diploma or equivalent. Familiarity with loan origination software (LOS), document management systems, and sometimes industry certifications like NMLS are highly valuable. Excellent communication, time management, and problem-solving abilities help you coordinate between clients, loan officers, and underwriters efficiently. These skills are crucial for ensuring accurate, timely loan processing and maintaining compliance with regulatory standards.

What are some common challenges faced by assistant mortgage processors, and how can they be addressed?

Assistant Mortgage Processors often encounter challenges such as managing tight deadlines, handling a high volume of documentation, and ensuring accuracy in loan files. These challenges can be addressed by developing strong organizational skills, maintaining clear communication with loan officers and underwriters, and utilizing digital tools to track document status. Staying proactive and detail-oriented helps minimize errors and keeps the mortgage process on track, contributing to a smooth experience for clients and team members.

What is the difference between Assistant Mortgage Processor vs Mortgage Processor?

AspectAssistant Mortgage ProcessorMortgage Processor
CredentialsHigh school diploma, some industry certificationsHigh school diploma, industry certifications preferred
Work EnvironmentOffice setting, supporting mortgage processing teamsOffice setting, managing mortgage applications independently
ResponsibilitiesAssists with document collection, data entry, and preliminary reviewsReviews applications, verifies documents, and approves loan files

The Assistant Mortgage Processor supports the Mortgage Processor by handling administrative tasks and preliminary reviews. The Mortgage Processor takes on more responsibility, including detailed application review and approval. Both roles require similar credentials and work environments, but the Mortgage Processor has a higher level of decision-making authority.

What are the most commonly searched types of Mortgage Processor jobs in Chicago, IL?

The most popular types of Mortgage Processor jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Assistant Mortgage Processor jobs?

Cities near Chicago, IL with the most Assistant Mortgage Processor job openings:

Assistant Mortgage Processor jobs near you
Infographic showing various Assistant Mortgage Processor job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 24% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $41,378 per year, or $19.9 per hour.

Mortgage Forward - Sr. Loan Servicer

Great Lakes Credit Union

Chicago, IL • On-site

$22.84 - $34.26/hr

Full-time

Re-posted 17 days ago

Job description

Mortgage Forward is Hiring GREAT people for our GREAT team!

Do you enjoy customer interaction and relationship building? 

WE WANT YOU ON OUR TEAM!

 

 
 Reporting directly to and under the supervision of the VP, Servicing, the Sr. Loan Servicer’s primary purpose is to assist Mortgage Forward to live out our Vision, “To be the members’ trusted financial partner“. Responsible for ensuring that outstanding service is delivered to both internal and external members, in alignment with our Standards of Greatness.


The Sr. Loan Servicer is responsible for servicing mortgage loans from post-origination through payoff date. Previous experience of 3 years servicing agency loans is a requirement.

 

 As a Sr. Loan Servicer your duties will be:

 

  • Serve as a point of contact between Mortgage Forward and its clients, working closely with Mortgage Forward employees and client employees to assist with loan-related needs.
  • Utilize appropriate security measures to identify borrowers and protect against fraud.
  • Assist borrowers in navigating servicing website.
  • Investigate and resolve borrower concerns, providing appropriate advice and counseling to borrower inquiries and problems.
  • Effectively diffuse upset borrowers and situations with patience and tact.
  • Serve as escalation point for member/borrower inquiries, may also handle lower-level inquiries as needed.
  • Answer incoming calls from members and process their questions and inquiries including payments.
  • Complete loan maintenance requests for portfolio and investor (including but not limited to Freddie Mac and Fannie Mae) loans.
  • Process payoff requests and lien releases.
  • Assist with escrow disbursements and escrow analysis.
  • Assist with PMI remittance monthly to all insurers.
  • Monitor insurance coverage on collateral properties.
  • Assist with collection efforts across delinquent loans as back up.
  • Assist with agency and investor reporting as needed.
  • Be a willing participant in improving skills as it relates to mortgage servicing and consumer lending by ongoing reading, taking online and other courses
  • Serve as a backup to loan servicers.
  • Serve as a backup to VP, Servicing when VP, Servicing is out of the office.
  • Assist with other ad hoc projects and perform other job related duties as assigned.
  • Responsible for maintaining compliance with all applicable federal, state, and local rules and regulations, and following all of Mortgage Forward’s policies, procedures and internal controls.


Requirements needed to be part of this team: 

  • Three years to five years agency servicing experience  
  • A 2-year college degree2, or completion of a specialized certification or licensing, or specialized training courses, or job – specific skills

                                                                       

                                                                          Join us at Mortgage Forward and discover a workplace that invests in you! We’re the total package!

                                                                                                              Mortgage Forward is proud to be an Equal Opportunity Employer, 

                                                                                                         Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.