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Commission Loan Processor Jobs in Covington, GA (NOW HIRING)

USA Mortgage

Mortgage Loan Originator

Loganville, GA · On-site

$7.25/hr

Market and solicit residential loan business, ensuring all phases of the loan process are performed ... MLO approved license in NMLS Compensation State Minimum Hourly - $7.25 (Recoverable) Commissions on ...

USA Mortgage

Mortgage Loan Originator

Winder, GA

$7.25/hr

Market and solicit residential loan business, ensuring all phases of the loan process are performed ... MLO approved license in NMLS Compensation State Minimum Hourly - $7.25 (Recoverable) Commissions on ...

First Cash, Inc.

Retail Sales Associate - 2047

Winder, GA · On-site

$14 - $17/hr

... commission structure that pays you for every transaction you process! Our retail sales associates ... Performs sales and loan transactions in accordance with established policies, procedures, practices ...

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All JobsLoan Processor JobsCommission Loan Processor JobsCommission Loan Processor Jobs in Covington, GA

Commission Loan Processor information

See Covington, GA salary details

$11

$18

$26

How much do commission loan processor jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for commission loan processor in Covington, GA is $18.07, according to ZipRecruiter salary data. Most workers in this role earn between $15.29 and $20.38 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.

What are the most commonly searched types of Loan Processor jobs in Covington, GA?

The most popular types of Loan Processor jobs in Covington, GA are:

What cities near Covington, GA are hiring for Commission Loan Processor jobs?

Cities near Covington, GA with the most Commission Loan Processor job openings:

Commission Loan Processor jobs near you

Mortgage Loan Originator

DAS Acquisiton Company LLC

Winder, GA • On-site

$7.25/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 15 days ago

Job description

Who We Are
At DAS Acquisition Company, LLC. (USA Mortgage), our mission is the unrelenting pursuit of perfection. We pride ourselves on the superior level of service that our status as a mortgage lender enables us to provide. Since 2001, we have been recognized as a top-choice residential lender in the St. Louis metropolitan area by the St. Louis Business Journal. Our ongoing success is driven by our strategy to deliver our clients a level of service unrivaled in the mortgage industry. We recognize that people are our competitive advantage, which is why we put so much emphasis ensuring that DAS Acquisition Company, LLC. is a great place to work!
What You'll Do
Our Mortgage Loan Originators make an impact on our clients' lives each day by helping them make strong financial decisions to achieve their personal and financial goals. Our mortgage professionals, carefully chosen from among the top in our industry, are our greatest asset. Many of these individuals are considered leaders in our field - we rely on their talent to keep us on the cutting-edge of industry trends, which allows us to constantly open doors as a mortgage industry leader. Our service-oriented attitude coupled with our unique and energetic atmosphere makes the home financing process what it should be - an exciting and rewarding experience!
Responsibilities
  • Provide every client the best service in the industry
  • Market and solicit residential loan business, ensuring all phases of the loan process are performed in accordance with company and regulatory guidelines
  • Advise and educate clients on the home-buying or refinancing process and how to better manage their mortgages
  • Own and build your business within USA Mortgage with the support of our team
  • MLO approved license in NMLS

Compensation
• State Minimum Hourly - $7.25 (Recoverable)
• Commissions on personal production
• Voluntary : Medical, dental, vision, HSA, FSA, Short-Term Disability, Voluntary Life Insurance, CHUBB Supplemental Insurance, Pet Insurance, 401K
• Company Paid: Long-Term Disability, Group Life Insurance, Employee Assistant Program (EAP), 401K Match, Employee Stock Ownership Plan (ESOP)
Requirements
  • 2 to 4-year college curriculum preferred, or equivalent industry experience
  • Ability to work in a fast-paced, challenging sales environment
  • Encompass experience or equivalent
  • Basic computer skills
  • Knowledge of various residential mortgage loan products
  • Demonstrated ability to work both independently and as a team player
  • Passion, great communication skills, self-motivation, positive attitude, and competitive spirit

Salary Description
$7.25 Min Wage (recoverable), commission eligible

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