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Contract Loan Processing Jobs (NOW HIRING)

TEKsystems

Loan Processing Clerk

Fairfax, VA

$19/hr

... loan processing, Support, mortgage, mortgage loan, loan application Top Skills Details ... Contract to Hire position based out of Fairfax, VA. Pay and Benefits The pay range for this ...

The Lending Group

Home Loan Processor

Southampton, PA

$40K - $55K/yr

... surveys, contracts, and property tax records • Input detailed loan process documentation in our system - from origination to close Qualifications: • Must possess excellent written and verbal ...

LHH US

Loan Processor

Toano, VA · On-site

$25 - $30/hr

LHH Recruitment Solutions is searching for a Loan Processor for a contract-to-hire, in office opportunity near Williamsburg, VA. Schedule: Monday through Friday, 8:30 AM to 5:00 PM Contract Pay is ...

LHH US

Loan Processor

Toano, VA

$25 - $30/hr

LHH Recruitment Solutions is searching for a Loan Processor for a contract-to-hire, in office opportunity near Williamsburg, VA. Schedule: Monday through Friday, 8:30 AM to 5:00 PM Contract Pay is ...

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All JobsContract Loan Processing Jobs

Contract Loan Processing information

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$13

$21

$30

How much do contract loan processing jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for contract loan processing 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 are the key skills and qualifications needed to thrive as a Contract Loan Processor, and why are they important?

To thrive as a Contract Loan Processor, you need a solid understanding of mortgage lending processes, loan documentation, and compliance regulations, often supported by experience in financial services or a related certification. Familiarity with loan origination systems (LOS) like Encompass or Calyx, and proficiency in document management software, is typically required. Attention to detail, strong organizational skills, and effective communication are crucial soft skills for managing deadlines and collaborating with clients and lenders. These skills ensure accurate loan processing, compliance with regulatory standards, and efficient workflow in a highly deadline-driven environment.

What are some common challenges faced by contract loan processors, and how can they be managed effectively?

Contract loan processors often encounter challenges such as tight deadlines, fluctuating loan volumes, and the need to quickly adapt to different lenders' procedures. Managing these challenges involves maintaining strong organizational skills, effective communication with borrowers, loan officers, and underwriters, and staying updated on compliance regulations. Utilizing reliable loan processing software and establishing clear workflows can also help streamline tasks and reduce errors, making it easier to handle high workloads efficiently.

What are contract loan processors?

Contract loan processors are professionals who handle the administrative and processing tasks involved in securing a loan, typically for a mortgage, on a contractual or freelance basis rather than as full-time employees. They review and verify loan documents, coordinate with lenders, and ensure that applications comply with industry and legal standards. By working on a contract basis, they provide flexibility to lenders or mortgage companies who may need extra support during busy periods or for specific projects.

What is the difference between Contract Loan Processing vs Contract Underwriting?

AspectContract Loan ProcessingContract Underwriting
Primary RolePreparing and verifying loan documents, coordinating with applicants and lendersAssessing and approving loan applications based on risk analysis
Required CredentialsTypically requires a high school diploma or equivalent; certifications like Loan Processing Certification are commonRequires a mortgage or loan underwriting certification; often a background in finance or banking
Work EnvironmentOffice setting, often in banks, mortgage companies, or lending institutionsOffice-based, with detailed analysis and decision-making processes

Contract Loan Processing involves managing the documentation and coordination for loan approval, while Contract Underwriting focuses on evaluating and approving loan applications based on risk factors. Both roles are essential in the lending process but differ in responsibilities and skill requirements.

More about Contract Loan Processing jobs
What cities are hiring for Contract Loan Processing jobs? Cities with the most Contract Loan Processing job openings:
What are the most commonly searched types of Loan Processing jobs? The most popular types of Loan Processing jobs are:
What states have the most Contract Loan Processing jobs? States with the most job openings for Contract Loan Processing jobs include:
What job categories do people searching Contract Loan Processing jobs look for? The top searched job categories for Contract Loan Processing jobs are:
Contract Loan Processing jobs near you
Infographic showing various Contract Loan Processing job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 70% Full Time, 6% Part Time, and 23% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Junior Loan Processor - Bilingual

Irizarry & Associates

Orlando, FL • Remote

$36K/yr

Contractor

Posted 8 days ago

Job description

***Looking for Junior Mortgage Loan Processor***

Will assist Loan Processing team and Loan Officers with answering phones, preparing files, collecting conditions and overall assistance to help throughout the loan process.

Job Duties:

· Responsible for providing support to Loan Officer's.

· Working directly with borrowers and the LO to get the file ready for submission.

· Assisting senior processors with clearing internal conditions, CD's and LE's.

· Primary focus of the position is to manage the clerical/administrative and loan processing duties.

· Requesting fees from escrow and uploading fees into the LOS.

· Requesting disclosures from the disclosure team.

Job Requirements:

· Excellent time management skills.

· Provide accurate, valid and complete information.

· Demonstrate excellence in internal/external customer service.

· Excellent verbal and written communication.

· Ability to comprehend and follow directions.

· Strong attention to detail.

· Customer service focused.

· Strong PC skills including ability to troubleshoot common problems.

· Loan Officer assistant with a minimum of 3 years experience

· Bilingual Spanish speaking is a MUST

· Ability to multitask: managing multiple calendars, etc.

· Be cheerful, positive, direct and have a clear speaking voice in dealing with clients on the phone

· Must be extremely coach-able

· Ability to follow a daily checklist

· Must welcome flexible hours

· Adept in Microsoft Office

· Must have ability to calculate income

· Knowledgeable in running D/U and LP

· Must be familiar with home loan application process using Calyx Software

· NMLS license # REQUIRED

The Junior Loan Processor works directly with and supports the loan processing team and loan origination staff (loan officers, sales managers etc.). By working collaboratively with the loan origination staff and processing team, a successful Junior Loan Processor must posses current product knowledge of most loan programs and will be able to communicate loan requirements with customers, processors and loan officers.

This job may require frequent sitting or standing for long periods of time. This is a 1099 Contract Loan Processing position with an option to process for outside LO’s. This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned in order to meet the needs of the organization.