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Commission Loan Processor Jobs (NOW HIRING)

Loan Processor

Irvine, CA · On-site

$20.25 - $26.75/hr

This company offers great benefits, work/life balance and a strong base plus commission! Apply now ... Loan Processor role * BSc degree in finance, economics, or a related field * Comprehension of ...

Mortgage Loan Processor

Providence, RI · On-site

$50K - $80K/yr

Process and prepare mortgage loan files from initial application to final approval. * Ensure ... Competitive Base Salary + Commission Plan. About Us: At Semper Home Loans, we are more than lenders ...

$18 - $25/hr

Loan Processor/Assistant Western Commerce Bank is looking for applicants to fill a loan servicing ... Commission: No

Loan Processor II

$45K - $52K/yr

The mortgage Loan Processor (LP) partners with Mortgage Brokers and Loan Originators (LOs) to ... Salary Range: $45,000 - $52,000 + commission structure Actual compensation offered to candidate ...

Mortgage Loan Processor

El Dorado, AR · On-site

$35K - $48K/yr

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions ... Process the loan file in accordance with FFB/Investor/Agency guidelines & coordinate the collection ...

Loan Processor III

Jacksonville, FL · On-site

$22.27 - $33.43/hr

LOAN PROCESSOR III WHAT IS THE OPPORTUNITY? This position is responsible for reviewing, boarding ... This job is eligible for bonus and/or commissions. Benefits and Perks At City National, we strive ...

Mortgage Loan Processor

Los Angeles, CA · On-site

$43K - $59K/yr

SUMMARY The Mortgage Loan Processor is responsible for accurately managing loan documentation ... Successful candidates may be eligible for bonus, stock, commissions, and incentives at the Company ...

SUMMARY The Mortgage Loan Processor is responsible for accurately managing loan documentation ... Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages ...

Junior Loan Processor

Richboro, PA · On-site

$40K - $50K/yr

Organize and maintain documents * Biweekly payroll and tracking employee commission maintaining ... Review loan applications for completeness * Income calculation * Provide loan officer with ...

Junior Loan Processor

Richboro, PA · On-site

$40K - $50K/yr

Organize and maintain documents * Biweekly payroll and tracking employee commission maintaining ... Review loan applications for completeness * Income calculation * Provide loan officer with ...

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Commission Loan Processor information

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$13

$21

$30

How much do commission loan processor jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for commission loan processor in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What is a commission loan processor?

A Commission Loan Processor is a professional who manages and processes loan applications, typically within the mortgage or lending industry, and is compensated based on commissions rather than a fixed salary. Their responsibilities include collecting and verifying financial documents, ensuring applications meet lender requirements, and coordinating communication between applicants, underwriters, and lenders. Success in this role often depends on efficiency, accuracy, and the volume of loans processed, as their earnings are directly tied to the number and quality of loans they successfully process.

What are the key skills and qualifications needed to thrive as a commission loan processor?

To excel as a Commission Loan Processor, you need a solid understanding of loan origination, financial documentation, and regulatory compliance, often supported by experience in mortgage or banking environments. Familiarity with loan processing software such as Encompass, Calyx Point, or Ellie Mae, and sometimes relevant certifications, is typically required. Exceptional organizational skills, attention to detail, and effective communication are crucial for managing multiple applications and collaborating with clients and lenders. These skills and qualities ensure timely, accurate loan processing and a positive client experience, directly impacting commission-based earnings.

What are some common challenges commission loan processors face when managing multiple loan files simultaneously?

Commission Loan Processors often juggle several loan applications at once, which can make time management and prioritization crucial. Keeping track of documentation, deadlines, and client communications for each file can be challenging, especially during busy periods. Staying organized and using loan processing software effectively helps ensure that no detail is overlooked and that all files are moving forward on schedule. Collaborating closely with loan officers, underwriters, and clients is key to maintaining efficiency and delivering excellent service.

What is the difference between Commission Loan Processor vs Underwriter?

AspectCommission Loan ProcessorUnderwriter
CredentialsLoan processing certifications, knowledge of loan documentsFinance or banking certifications, underwriting licenses
Work EnvironmentLoan offices, financial institutionsLoan departments, financial institutions
Industry UsageMortgage and loan companiesMortgage lenders, banks
Primary RoleGathering and verifying loan documents, preparing filesAssessing risk, approving or denying loans

The main difference is that a Commission Loan Processor focuses on preparing and verifying loan documents to facilitate loan approval, while an Underwriter evaluates the risk and makes the final decision on loan approval. Both roles are essential in the loan process but serve different functions within the lending industry.

How much do entry level commission loan processors make?

Entry-level commission loan processors typically earn between $35,000 and $50,000 annually, with additional commissions or bonuses based on performance. Starting salaries can vary depending on location, employer, and experience, and strong organizational and communication skills are important for success in this role.

Is a commission loan processor a difficult job?

A commission loan processor's job involves reviewing and verifying loan documents, communicating with clients and lenders, and ensuring compliance with regulations. The role requires attention to detail, organizational skills, and familiarity with loan processing software, but it is generally manageable with proper training and experience.
More about Commission Loan Processor jobs

What cities are hiring for Commission Loan Processor jobs?

Cities with the most Commission Loan Processor job openings:

What are the most commonly searched types of Loan Processor jobs?

The most popular types of Loan Processor jobs are:

What states have the most Commission Loan Processor jobs?

States with the most job openings for Commission Loan Processor jobs include:

Infographic showing various Commission Loan Processor job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 9% Part Time, and 6% Contract. Highlights an 69% Physical, 1% Hybrid, and 30% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Loan Processor

Boutique Recruiting

Irvine, CA • On-site

$20.25 - $26.75/hr

Full-time

Re-posted 21 days ago


Job description

We are seeking an experience Loan Processor to join a thriving financial service company located in Irvine. This person will be responsible for examining applications, assessing applicant background and denying or processing the loans. The ideal candidate will have 3+ years of experience, a bachelors degree in a related field, and strong communication skills. MUST have conventional loan experience for consideration! 

This company offers great benefits, work/life balance and a strong base plus commission! Apply now!

Responsibilities

  • Perform initial appraisal of potential borrowers by thoroughly examining their applications
  • Assess the credit standings of applicants through background research
  • Interview applicants to evaluate their eligibility for loan or mortgage
  • Conclude on all applicable financial and non-financial criteria and develop loan repayment plans
  • Follow up with clients to clarify important points
  • Give the “green light” to eligible candidates and report decisions with sound arguments
  • Finalize loan contracts and keep clients informed in rules and obligations
  • Remain up to speed regarding lending and other financial services
  • Create and renew records
  • Identify customer needs, explore all options and suggest different types of loans
  • Cultivate trustworthy referral networks, suggest alternate channels and cross-sell products and services
  • Forge trust relationships and enhance customer dedication
  • Work within established regulations and adhere to law requirements at all times


Requirements

  • 3+ years of proven working experience in a Loan Processor role
  • BSc degree in finance, economics, or a related field
  • Comprehension of direct/indirect lending procedures
  • In-depth understanding of relevant rules and regulations
  • Excellent communication and sales skills
  • Balance between customer satisfaction orientation and a results driven approach
  • MUST have conventional loan experience 

Boutique Recruiting logo

About Boutique Recruiting

Sourced by ZipRecruiter

We are a team with shared goals; mindfully placing candidates in the workforce to successfully fulfill their career ambitions while encouraging a sense of purpose and value. We have created a new kind of placement firm — one that values connection, personalization, commitment, impact, boldness and achievement. At Boutique Recruiting, our clients, candidates and employees are at the heart of our success.

Industry

Recruiting and staffing services

Company size

51 - 200 Employees

Headquarters location

San Diego, CA, US

Year founded

2014

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