ZipRecruiter

Log In

1

Commission Loan Processor Jobs (NOW HIRING)

Triad Financial Services, Inc.

Loan Processor

Anaheim, CA · On-site

$25.01/hr

Compensation: $25.01+/hour and includes monthly commission/bonus structure As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible for efficiently processing ...

Triad Financial

Loan Processor

Anaheim, CA · On-site

$25.01/hr

Loan Processor Compensation: $25.01+/hour and includes monthly commission/bonus structure As a loan processor, you will play a vital role in our wholesale lending operations, responsible for ...

Boutique Recruiting

Loan Processor

Irvine, CA

$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 ...

Triad Financial Services Inc

Loan Processor

Anaheim, CA · On-site

$25.01/hr

Compensation: $25.01+/hour and includes monthly commission/bonus structure As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible for efficiently processing ...

Semper Home Loans

Mortgage Loan Processor

Providence, RI · On-site

$40K - $55K/yr

Mortgage Loan Processor Are you a detail-driven professional with a passion for helping people ... Competitive Base Salary + Commission Plan. About Us: At Semper Home Loans, we are more than lenders ...

Commercial Credit Group

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

KEF has a Processor position available in the West Hartford office. This position has visibility ... We offer a competitive base salary, commission, and bonus, as well as medical, dental and vision ...

Semper Home Loans

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 ...

7 17 Credit Union

CENTRAL LOAN PROCESSOR

Streetsboro, OH

$17.50 - $23.25/hr

About the Role 7 17 Credit Union is seeking a detail-oriented Central Loan Processor to support our ... Must obtain State Notary Commission within 90 days of hire . Knowledge, Skills & Abilities * Strong ...

7 17 Credit Union

CENTRAL LOAN PROCESSOR

Warren, OH

$16 - $21.50/hr

About the Role 7 17 Credit Union is seeking a detail-oriented Central Loan Processor to support our ... Must obtain State Notary Commission within 90 days of hire . Knowledge, Skills & Abilities * Strong ...

7 17 Credit Union

CENTRAL LOAN PROCESSOR

Streetsboro, OH · On-site

$17.50 - $23.25/hr

About the Role 7 17 Credit Union is seeking a detail-oriented Central Loan Processor to support our ... Must obtain State Notary Commission within 90 days of hire . Knowledge, Skills & Abilities * Strong ...

7 17 Credit Union

CENTRAL LOAN PROCESSOR

Warren, OH · On-site

$16 - $21.50/hr

About the Role 7 17 Credit Union is seeking a detail-oriented Central Loan Processor to support our ... Must obtain State Notary Commission within 90 days of hire . Knowledge, Skills & Abilities * Strong ...

Dream Habitat LLC

Mortgage Loan Processor

$55K - $75K/yr

... commissions • Put together loan packages and submit to lender underwriting for approval or denial • Liaise between the mortgage lending underwriting department, mortgage loan originators, real ...

RE/MAX

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 ...

RE/MAX

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 ...

next page

Showing results 1-20

All JobsCommission Loan Processor Jobs

Commission Loan Processor information

See salary details

$13

$21

$30

How much do commission loan processor jobs pay per hour?

As of Jul 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 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.

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 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.

How much commission do loan officers make on a $500,000 loan?

Commission for loan officers on a $500,000 loan typically ranges from 0.5% to 1% of the loan amount, resulting in $2,500 to $5,000 in commission. The exact amount depends on the lender, the loan type, and the officer's commission structure, which often includes base salary plus commission. Loan officers need strong sales skills and knowledge of lending products to maximize earnings.

Do loan processors get paid commission?

Loan processors typically do not receive commission as part of their compensation; they are usually paid an hourly wage or salary. Their role involves reviewing and processing loan applications, and compensation structures are generally fixed rather than performance-based. Some companies may offer bonuses or incentives, but commission is uncommon for this position.

What are the key skills and qualifications needed to thrive as a Commission Loan Processor, and why are they important?

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.

Is it hard to become a loan processor?

Becoming a commission loan processor typically requires strong organizational skills, attention to detail, and familiarity with loan processing software. While some positions may require prior experience or a relevant certification, many employers offer on-the-job training, making it accessible for those with basic administrative skills.

Will MLO be replaced by AI?

A Commission Loan Processor (MLO) is responsible for managing mortgage loan documentation and processing. While AI tools can automate some repetitive tasks, the role requires judgment, communication, and compliance knowledge that are not easily replaced by AI. Therefore, AI is likely to assist rather than fully replace MLOs in the near future.
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:
What job categories do people searching Commission Loan Processor jobs look for? The top searched job categories for Commission Loan Processor jobs are:
Commission Loan Processor jobs near you
Infographic showing various Commission Loan Processor job openings in the United States as of June 2026, with employment types broken down into 11% As Needed, 33% Full Time, and 56% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
Loan Processor

Loan Processor

Triad Financial Services, Inc.

Anaheim, CA • On-site

$25.01/hr

Other

Posted 25 days ago

Job description

Compensation: $25.01+/hour and includes monthly commission/bonus structure
As a Loan Processor, you will play a vital role in our wholesale lending operations, responsible for efficiently processing loan files from application to closing. Having successfully completed training and a probationary period as a Trainee, you will utilize your expertise to collect and review borrower documents, communicate with customers, and collaborate closely with team members to ensure timely and accurate processing of loan applications.
Key Responsibilities:

  • Collect and review borrower documents, including income verification, credit reports, and property information, to ensure completeness and accuracy.
  • Process loan files in compliance with company policies, regulatory guidelines, and investor requirements.
  • Communicate with customers to request additional documents or information, provide status updates, and address inquiries throughout the loan process.
  • Work closely with Loan Officers and Underwriters to resolve issues, address conditions, and clear loan file for approval.
  • Maintain detailed and organized loan files, ensuring all documentation is properly documented and stored.
  • Verify data accuracy in loan origination system and other relevant software platforms.
  • Coordinate with third-party vendors, such as appraisers and title companies, to facilitate loan transactions.
  • Adhere to established timelines and service level agreements to meet closing deadlines.
  • Provide exceptional customer service, ensuring a positive experience for borrowers throughout the loan process.
Minimum Qualifications:
  • High school diploma or equivalent is mandatory; a college degree in finance or banking is preferred.
  • Previous experience of 2-3 years in a professional office setting is required, ideally in an administrative or mortgage assistant role.
  • Understanding of various loan products, including conventional loans, FHA, VA, adjustable/fixed-rate mortgages, etc., is essential.
  • Highly driven and goal-oriented, with exceptional customer service and communication capabilities.
  • Comfortable working in a dynamic, fast-paced environment.
  • Skilled in managing a loan pipeline and associated tasks to meet designated turn times effectively.
  • Proficient in Microsoft Office suite; capable of swiftly acquiring proficiency in the company's proprietary mortgage software products.
Physical Demands:
  • Capable of safely and proficiently performing essential job functions as per ADA, FMLA, and other relevant standards, meeting productivity criteria.
  • Maintain consistent, punctual attendance in compliance with ADA, FMLA, and other regulations.
  • Clear and articulate communication skills on the telephone.
  • Ability to sit at a workstation for extended periods.
  • Proficient in physical typing.

Apply