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Commission Loan Processor Jobs in Raleigh, NC (NOW HIRING)

West Capital Lending

Loan Officer

Raleigh, NC · On-site

Commission-based (competitive splits; optional base or draw depending on experience) We are seeking ... Guide borrowers through the loan application process and provide clear, timely communication

New

NVR, Inc.

Mortgage Loan Officer

Raleigh, NC · On-site

You will assume full responsibility to guide new home purchasers through the loan process from loan ... We offer a competitive base salary with excellent commission potential in this role. View more ...

NVR Inc

Mortgage Loan Officer

Raleigh, NC · On-site

You will assume full responsibility to guide new home purchasers through the loan process from loan ... We offer a competitive base salary with excellent commission potential in this role. View more ...

Regional Finance

Loan Sales Specialist

Raleigh, NC

$41K/yr

... goal-driven or commission-based environment. * Bilingual (Spanish). Working conditions This ... Regional's policy of non-discrimination applies to all phases of the employment process and ...

Regional Finance

Loan Sales Specialist

Raleigh, NC · On-site

$41K/yr

... goal-driven or commission-based environment. * Bilingual (Spanish). Working conditions This ... Regional's policy of non-discrimination applies to all phases of the employment process and ...

Smith Douglas Homes

New Home Sales Specialist

Apex, NC · On-site

In this role, you will be an employee of Smith Douglas Homes earning a base pay plus commission. We ... Monitor the mortgage loan process and provide timely assistance to stake holders * Communicate ...

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Showing results 1-20

All JobsCommission Loan Processor JobsCommission Loan Processor Jobs in Raleigh, NC

Commission Loan Processor information

See Raleigh, NC salary details

$13

$20

$29

How much do commission loan processor jobs pay per hour?

As of Jun 28, 2026, the average hourly pay for commission loan processor in Raleigh, NC is $20.71, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $23.37 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.

Does a realtor or MLO make more money?

A mortgage loan originator (MLO) typically earns commissions based on the loans they close, often resulting in higher variability and potential earnings compared to real estate agents, who earn commissions from property sales. MLOs may have higher earning potential in high-volume markets, but income depends on experience, location, and sales volume for both roles.

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 may include base salary plus bonuses. Loan officers often use loan origination software and need relevant licensing to process such loans.

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 verifying loan documents, 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.

Will MLO be replaced by AI?

A mortgage loan originator (MLO) role involves client interaction, assessing financial information, and guiding borrowers through the loan process, which currently requires human judgment and communication skills that AI cannot fully replicate. While AI tools can assist with data analysis and document processing, they are unlikely to replace MLOs entirely in the near future, as relationship-building and personalized service remain essential in the industry.
What are the most commonly searched types of Loan Processor jobs in Raleigh, NC? The most popular types of Loan Processor jobs in Raleigh, NC are:
What are popular job titles related to Commission Loan Processor jobs in Raleigh, NC? For Commission Loan Processor jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Commission Loan Processor jobs in Raleigh, NC look for? The top searched job categories for Commission Loan Processor jobs in Raleigh, NC are:
What cities near Raleigh, NC are hiring for Commission Loan Processor jobs? Cities near Raleigh, NC with the most Commission Loan Processor job openings:
Commission Loan Processor jobs near you
Business Loan Broker, Raleigh

Business Loan Broker, Raleigh

Planet Green Search

Raleigh, NC • On-site, Remote

Other

Posted 26 days ago

Job description

Our partner is a premier business funding platform dedicated to empowering small and medium-sized enterprises by providing streamlined access to capital. Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed.

Position Summary:
We are seeking driven and entrepreneurial Business Loan Brokers to introduce our funding solutions to business owners and earn commission on successful placements. This is an independent, commission-only role with substantial income potential and flexible work arrangements.

Key Responsibilities:

  • Proactively identify and connect with businesses in need of funding.

  • Present and explain the advantages of our funding platform to prospective clients.

  • Facilitate and guide clients through the referral and funding process.

  • Maintain strong, ongoing relationships with clients to encourage repeat business and referrals.

  • Stay informed about our funding solutions, lender programs, and industry trends.

Qualifications:

  • Excellent communication and interpersonal skills.

  • Self-starter with a strong sense of initiative and goal orientation.

  • Basic understanding of financial principles and small business operations.

  • Previous experience in sales, business development, or financial services is preferred but not required.

  • Ability to work independently and manage time effectively.

Compensation and Benefits:

  • Performance-based commission structure with unlimited earning potential.

  • Complimentary access to our proprietary funding platform and lender network.

  • Comprehensive onboarding and continuous training resources.

  • Flexible, remote work environment.

  • Opportunity to build a team and earn residual income on team performance.

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