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Commission Loan Processor Jobs in Portland, OR (NOW HIRING)

Keybank

Student Loan Consultant

Portland, OR

$23.08 - $34.62/hr

Resolve client concerns and maintain communication throughout the loan process. * Record Keeping ... commission, and/or discretionary incentives. Please click here for a list of benefits for which ...

Columbia Credit Union

Home Loan Officer

Vancouver, WA

$35K/yr

Earning potential: $35,880 base and up to $250,000+ annually in commission. Blended average of ... Partner with underwriters and internal teams to ensure efficient loan processing * Maintain high ...

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All JobsLoan Processor JobsCommission Loan Processor JobsCommission Loan Processor Jobs in Portland, OR

Commission Loan Processor information

See Portland, OR salary details

$14

$22

$32

How much do commission loan processor jobs pay per hour?

As of Aug 25, 2026, the average hourly pay for commission loan processor in Portland, OR is $22.59, according to ZipRecruiter salary data. Most workers in this role earn between $19.13 and $25.48 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 Portland, OR?

The most popular types of Loan Processor jobs in Portland, OR are:

What are popular job titles related to Commission Loan Processor jobs in Portland, OR?

For Commission Loan Processor jobs in Portland, OR, the most frequently searched job titles are:

What job categories do people searching Commission Loan Processor jobs in Portland, OR look for?

The top searched job categories for Commission Loan Processor jobs in Portland, OR are:

Commission Loan Processor jobs near you

Student Loan Consultant

Portland, OR

Keybank
Banking and Credit Intermediation • 10K+ employees

8.2

Company rating: 8.2 out of 10

Based on 99 frontline employees who took The Breakroom Quiz

51st of 172 rated banks

People enjoy working here

Good employer

Recommended by students

Learn more about Keybankexternal

$23.08 - $34.62/hr

Full-time

Posted 5 days ago

Job description

Location:

2510 Main Street, Glastonbury ConnecticutJob Summary:

Provide personalized guidance to students and/or parents on student loan options, ensuring compliance and delivering exceptional client service throughout the loan process.

Essential Duties & Responsibilities:
  • Client Consultation: Conduct phone calls and in-person meetings with student loan clients to analyze their student loan debt and present options to save money by
    refinancing their loans or entering loans into federal loan repayment and
    forgiveness plans
  • Loan Assessment: Evaluate creditworthiness and eligibility for student loans.
  • Product Guidance: Explain federal and private loan options, interest rates, repayment plans, and deferment options.
  • Application Support: Assist clients in completing loan applications and gathering documentation.
  • Compliance: Ensure all loan agreements comply with federal and state regulations.
  • Customer Service: Resolve client concerns and maintain communication throughout the loan process.
  • Record Keeping: Maintain accurate records of applications, interactions, and repayment schedules.
  • Education & Outreach: Provide financial literacy education related to student loans and repayment strategies.
Required Qualifications:
  • Education: Bachelor's degree or equivalent work experience in Finance, Business Administration, Economics, or related field.
  • Experience: A minimum of 1 year experience in financial services, banking, or loan processing; student loan experience preferred.
Core Competencies:
  • Understanding of loan products and financial regulations
  • Strong communication and interpersonal skills
  • Analytical and problem-solving abilities
  • Attention to detail

COMPENSATION AND BENEFITS

This position is eligible to earn a base hourly rate in the range of $23.08 - $34.62 per hour. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes incentive compensation which may include production, commission, and/or discretionary incentives.

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 08/27/2026 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

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About KeyBank

Sourced by ZipRecruiter

Key is one of the nation's largest bank-based financial services companies. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Cleveland, OH, US

Year founded

1849

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