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Commission Loan Processor Jobs (NOW HIRING)

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 ...

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 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 ...

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 ...

Western Commerce Bank

$18 - $25/hr

Responsible for processing, administration, and closing of various types of loans. Assists loan ... Commission: No

Commercial Credit Group

Loan Processor

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 ...

First Financial Bank

Loan Processor

El Dorado, AR · On-site

$16.75 - $22.25/hr

Description First Financial Bank has an immediate opening for a Loan Processor at the Corporate ... Ability to calculate figures and amounts such as discounts, interest, commissions, percentages, and ...

Commercial Credit Group

Loan Processor

West Hartford, CT

$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

$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 ...

First Financial Bank

Loan Processor

El Dorado, AR · On-site

$16.75 - $22.25/hr

Description First Financial Bank has an immediate opening for a Loan Processor at the Corporate ... Ability to calculate figures and amounts such as discounts, interest, commissions, percentages, and ...

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 ...

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Commission Loan Processor information

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How much do commission loan processor jobs pay per hour?

As of Aug 15, 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.

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.

Do commission loan processors get paid commission?

Commission loan processors typically do not receive commissions as part of their pay. They are usually salaried employees or paid hourly, with some roles offering bonuses based on performance or loan volume. Compensation structures can vary by employer, but commission-based pay is uncommon for this position.

Is a commission loan processor a difficult job?

A commission loan processor is responsible for reviewing and processing loan applications, which requires attention to detail, strong organizational skills, and knowledge of loan procedures. The job can be challenging due to tight deadlines, regulatory compliance, and the need for accuracy in handling sensitive financial information.
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Commission Loan Processor jobs near you
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, 80% Full Time, 12% Part Time, and 7% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Loan Processor

Triad Financial

Anaheim, CA • On-site

$25.01/hr

Other

Re-posted 27 days ago

Job description

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 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.

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