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Commission Loan Processor Jobs (NOW HIRING)

Wintrust

Loan Originator - East Region

Northbrook, IL · On-site

Work with the loan processor to provide any additional documentation as necessary and required by ... monthly commissions. Actualpayrate may vary based on several factors, such as a candidate ...

Wintrust

Loan Originator - East Region

Wilmette, IL · On-site

Work with the loan processor to provide any additional documentation as necessary and required by ... monthly commissions. Actualpayrate may vary based on several factors, such as a candidate ...

Wintrust

Loan Originator - East Region

Cape Coral, FL · On-site

Work with the loan processor to provide any additional documentation as necessary and required by ... monthly commissions. Actualpayrate may vary based on several factors, such as a candidate ...

Wintrust

Loan Originator - East Region

Chicago, IL · On-site

Work with the loan processor to provide any additional documentation as necessary and required by ... monthly commissions. Actualpayrate may vary based on several factors, such as a candidate ...

Eastern Bank

Mortgage Loan Originator

Manchester, NH · On-site

The MLO is compensated on a commission only basis. MAJOR RESPONSIBILITIES: * Principal duty is the ... Works with the loan processor to provide any letters of explanation, or additional documentation as ...

Eastern Bank

Mortgage Loan Originator

Manchester, NH · On-site

The MLO is compensated on a commission only basis. MAJOR RESPONSIBILITIES: * Principal duty is the ... Works with the loan processor to provide any letters of explanation, or additional documentation as ...

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Commission Loan Processor information

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$13

$21

$30

How much do commission loan processor jobs pay per hour?

As of Sep 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 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.
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What states have the most Commission Loan Processor jobs?

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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, 84% Full Time, 9% Part Time, and 6% Contract. Highlights an 69% Physical, 1% Hybrid, and 30% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Mortgage Loan Officer

MBA Mortgage Corporation

Braintree, MA • On-site

$75K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

Job description:

Loan Officer

Office Locations: Braintree (Main) | Quincy | Athol | Worcester | Falmouth

Job Type: Full-time with remote flexibility

Compensation: $75,000+ (Commission- based)



About Us

Founded in 2005, MBA Mortgage Corp. is a veteran-owned and operated mortgage brokerage with a team of over 40 Loan Officers. We are committed to excellence through a strong foundation of training, systems, culture, and support. Our Inside Origination Team is designed to help Loan Officers grow their careers with hands-on mentorship and structured development.


The Opportunity

We’re looking for Motivated Loan Officers with a few years of experience who are ready to take their careers to the next level. Whether you’re a top producer or need help getting your business off the ground, this role offers the coaching and support needed to thrive.


This is an ideal fit for:

  • Individuals looking to build or develop their career in the Mortgage Industry
  • Current Loan Officers or Loan Officer Assistants
  • Mortgage Professionals who want to grow their business
  • Individuals eager to grow both company-generated and self-generated business


What You’ll Do

  • Originate loans with care and precision
  • Build and manage your own self-generated pipeline
  • Deliver exceptional service to clients while meeting performance goals


What We Offer

  • Tiered commission structure
  • Performance-based bonuses
  • Health, dental, vision, and life insurance
  • Retirement plan
  • Professional development support
  • Clear path to promotion to Senior Loan Officer


What We’re Looking For

  • Minimum 2 years of experience as a Loan Officer, LOA, or Loan Processor
  • MLO License (Required)
  • Strong work ethic, accountability, and coachability
  • Excellent communication and problem-solving skills
  • Proficiency in Microsoft Office and general computer literacy


Additional Details

  • Paid Training: Yes, if you apply for the Loan Officer Training Program
  • Remote Work: Yes
  • Proof of business activity over the last 2 years may be required


Licensing

MBA Mortgage Corp. is licensed in multiple states:

  • MA Division of Banks: #MB2880
  • CT Division of Banking: #MB2880
  • NH Banking Department: #11440-MBR
  • RI Division of Banking: #20072210LB
  • ME Division of Banking: #2880
  • FL Office of Financial Regulation: MBR5966


Job Type: Full-time

Benefits:

  • Dental insurance
  • Health insurance
  • Life insurance
  • Opportunities for advancement
  • Paid time off
  • Professional development assistance
  • Retirement plan
  • Vision insurance


Apply