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Contract Loan Processing Jobs in Colorado (NOW HIRING)

Loan Partner

Denver, CO ยท On-site

$38K - $47K/yr

Prepare complete loan files for the Pre-Approval Manager and Processing. * Manage rate locks ... Contact pre-approved homebuyers weekly until they are under contract. * Call the top 10 referral ...

New

Subaru Finance Assistant

Aurora, CO ยท On-site

$18.81 - $19/hr

Monitor and update the Contract In Transit (CIT) account; update notes in the software application ... Loan processing or credit report experience a plus * Ability to work past regular shift, as needed ...

For loan and credit transactions, we provide independent Administrative Agent, Collateral Agent ... process, types of indemnification obligations and related caps, and inclusion of certain covenants ...

Sales Representative

Firestone, CO ยท On-site

$24K - $200K/yr

Maintains a constant flow of communication with buyers on contract, construction progress, loan ... Explains preferred lender benefits and assists the buyer with the loan process, helping them ...

Showing results 21-40

Contract Loan Processing information

See Colorado salary details

$14

$22

$32

How much do contract loan processing jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for contract loan processing in Colorado is $22.40, according to ZipRecruiter salary data. Most workers in this role earn between $18.94 and $25.29 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a contract loan processor?

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.

Is contract loan processing a hard job?

Contract loan processing can be challenging due to the need for attention to detail, understanding of loan documents, and adherence to regulations. The role often requires strong organizational skills, familiarity with loan software, and the ability to handle multiple tasks within tight deadlines.

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 is a contract loan processor?

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.

How to become a contract loan processor?

To become a contract loan processor, candidates typically need a high school diploma or equivalent, along with experience in loan processing or related administrative roles. Familiarity with loan software, attention to detail, and strong organizational skills are important; some employers may prefer candidates with a background in finance or banking. Certification is not mandatory but can enhance job prospects.
What are the most commonly searched types of Loan Processing jobs in Colorado? The most popular types of Loan Processing jobs in Colorado are:
Infographic showing various Contract Loan Processing job openings in Colorado as of August 2026, with employment types broken down into 80% Full Time, 15% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $46,591 per year, or $22.4 per hour.

Full-time

Re-posted 25 days ago


Job description

Start or continue to build your career with a top ranked mortgage company!
Waterstone Mortgage was recently named theย #2 Best Company to Work For by Mortgage Executive Magazine!ย ย Our company culture is second to none; to learn more about our exceptional work/life balance and employee engagement, visitย our website, Facebook page, or Instagram!ย ย 

If you're a go-getting Loan Originator who thrives on seeing your customers achieve their homeownership goals, Waterstone Mortgage may be a fit for you!

WHAT WE OFFER YOU:

  • Faster than average closings (27 days from contract to close on average, published by Ellie Mae)
  • Innovative technology
  • Product variety
  • Forward-thinking leadership
  • Strong operational support
  • Unparalleled sales training
  • Marketing support to help increase your business
  • Ability to lend in 48 states, no license needed!
  • Competitive rates and unlimited earning potential
  • Loan Officer Assistant, based on production
  • Coaching to help you get to the next levelย 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Engages in Outside Sales, including but not limited to:
    • Attending in-person meetings and corresponding with potential clients or real estate brokers;
    • Distributes mailings, makes calls or web-based solicitations away from WMCโ€™s Place of Business.
    • Engages in promotional work that is performed incidental to and in conjunction with an employeeโ€™s own outside sales or solicitations; provides loan data to support marketing and sales promotion programs.
    • Interviews applicants and requests information for applications incidental to originating loans. With the assistance of processors or other staff, completes applications in a timely manner and inputs applicant data into Encompass.
    • Analyzes applicantโ€™s financial status; including financial statements, tax returns, credit, and property evaluations (P+L Statements) incidental to originating loans, to determine feasibility of granting credit.
    • Compiles loan packages and facilitates negotiations with applicants to establish standards on items such as fees, loan repayment options and other credit terms.