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Contract Loan Processing Jobs in Indiana (NOW HIRING)

defi AUTO LLC

Contracts Manager

Indianapolis, IN · On-site

$80K - $95K/yr

It's an exciting time to join defi! defi SOLUTIONS is a pioneer in end-to-end, SaaS loan ... Acting as legal liaison you provide counsel to contract professionals, sales and account executives ...

LHH US

Mortgage Lending Professional

Indianapolis, IN

$90K - $140K/yr

Mortgage Lending Professional - Underwriting, Processing & Loan Operations Location: Greater Indianapolis Area Employment Type: Direct Hire, Contract, Contract-to-Hire About the Opportunity LHH ...

LHH US

Mortgage Lending Professional

Indianapolis, IN

$90K - $140K/yr

Mortgage Lending Professional - Underwriting, Processing & Loan Operations Location: Greater Indianapolis Area Employment Type: Direct Hire, Contract, Contract-to-Hire About the Opportunity LHH ...

OPENLANE

Sr Manager, Mobility Solutions

Carmel, IN · On-site +1

... programs, service loaner programs and rental operators. This person will have a strong ... process efficiencies. Collaboration with team members within credit, contracts and legal. You are:

System One

Customer Service Rep II

Indianapolis, IN · On-site

$20/hr

Contract Compensation: $20/HR Security Clearance: Public Trust Responsibilities * Provide excellent ... Minimum of 2 years of mortgage origination experience (e.g. loan originator, loan processor, junior ...

System One

Mortgage Customer Service Rep

Indianapolis, IN · On-site

$20/hr

Contract Compensation: $20/HR Security Clearance: Public Trust Responsibilities * Provide excellent ... Minimum of 2 years of mortgage origination experience (e.g. loan originator, loan processor, junior ...

System One

Mortgage Customer Service Rep

Indianapolis, IN · On-site

$20/hr

Contract Compensation: $20/HR Security Clearance: Public Trust Responsibilities * Provide excellent ... Minimum of 2 years of mortgage origination experience (e.g. loan originator, loan processor, junior ...

System One

Mortgage Customer Service Rep

Indianapolis, IN · On-site

$20/hr

Contract Compensation: $20/HR Security Clearance: Public Trust Responsibilities * Provide excellent ... Minimum of 2 years of mortgage origination experience (e.g. loan originator, loan processor, junior ...

System One

Customer Service Rep II

Indianapolis, IN · On-site

$20/hr

Contract Compensation: $20/HR Security Clearance: Public Trust Responsibilities * Provide excellent ... Minimum of 2 years of mortgage origination experience (e.g. loan originator, loan processor, junior ...

System One

Mortgage Customer Service Rep

Indianapolis, IN · On-site

$20/hr

Contract Compensation: $20/HR Security Clearance: Public Trust Responsibilities * Provide excellent ... Minimum of 2 years of mortgage origination experience (e.g. loan originator, loan processor, junior ...

System One

Mortgage Customer Service Rep

Indianapolis, IN · On-site

$20/hr

Contract Compensation: $20/HR Security Clearance: Public Trust Responsibilities * Provide excellent ... Minimum of 2 years of mortgage origination experience (e.g. loan originator, loan processor, junior ...

System One

Mortgage Customer Service Rep

Indianapolis, IN · On-site

$20/hr

Contract Compensation: $20/HR Security Clearance: Public Trust Responsibilities * Provide excellent ... Minimum of 2 years of mortgage origination experience (e.g. loan originator, loan processor, junior ...

System One

Customer Service Rep II

Indianapolis, IN · On-site

$20/hr

Contract Compensation: $20/HR Security Clearance: Public Trust Responsibilities * Provide excellent ... Minimum of 2 years of mortgage origination experience (e.g. loan originator, loan processor, junior ...

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Showing results 21-40

All JobsContract Loan Processing JobsContract Loan Processing Jobs in Indiana

Contract Loan Processing information

See Indiana salary details

$13

$20

$29

How much do contract loan processing jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for contract loan processing in Indiana is $20.27, according to ZipRecruiter salary data. Most workers in this role earn between $17.16 and $22.88 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.

What are the most commonly searched types of Loan Processing jobs in Indiana? The most popular types of Loan Processing jobs in Indiana are:
What are popular job titles related to Contract Loan Processing jobs in Indiana? For Contract Loan Processing jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Contract Loan Processing jobs in Indiana look for? The top searched job categories for Contract Loan Processing jobs in Indiana are:
What cities in Indiana are hiring for Contract Loan Processing jobs? Cities in Indiana with the most Contract Loan Processing job openings:
Contract Loan Processing jobs near you
Infographic showing various Contract Loan Processing job openings in Indiana as of July 2026, with employment types broken down into 60% Full Time, 22% Part Time, 1% Temporary, and 17% Contract. Highlights an 82% Physical, 2% Hybrid, and 16% Remote job distribution, with an average salary of $42,162 per year, or $20.3 per hour.
Mortgage Loan Underwriter, South Bend, IN

Mortgage Loan Underwriter, South Bend, IN

1st Source Bank

South Bend, IN

Full-time

Posted 11 days ago

1st Source Bank rating

8.8

Company rating: 8.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

16th of 170 rated banks

Job description

POSITION SUMMARY
Responsible for underwriting residential loans ensuring compliance with lender and investor guidelines. Examines loan documentation for accuracy, completeness and overall credit risk. Works with loan originator or production staff to secure all required documents.

ESSENTIAL REQUIREMENTS
  • Underwrites FHA, VA, USDA and Conventional loan applications ensuring adherence to company, agency and investor guidelines.
  • Underwrites the collateral to include contract and appraisal review for FHA and VA loan applications.
  • Analyzes mortgage loan files to include income and asset documentation, credit reports, and required disclosures to ensure compliance with applicable Federal and state regulations, and company policies.
  • Ensures all required documentation has been received and completed properly.
  • Approves loans according to investor and Bank guidelines up to investor conforming limits and makes recommendations for loan approval by Senior Management when limits are exceeded.  Determines the outstanding conditions needed prior to closing, reviews the conditions and clears the loan to close.
  • Provides support to Loan Officers, Processors and Closers throughout the process of the loan.
  • Ensures timely response and follow-up to Quality Control (QC), internal and post-closing audits, and investor audits or requests.
  • Keeps up to date on investor and regulatory guidelines, policies, procedures and changes that affect mortgage underwriting.
  • Responsible for the completion of all compliance training related to the position.
  • Must understand all applicable laws and regulations that apply to the position and complies with the requirements.
NON-ESSENTIAL FUNCTIONS
  • Performs all other duties as assigned.
EXPERIENCE/SKILLS
  • Five (5) years in mortgage lending preferred, two (2)-three (3) years minimum front-line underwriting experience also preferred.
  • Self-motivated, ability to work in a fast-paced, high volume environment, while practicing sound lending judgment.
  • Ability to understand and calculate a wide variety of income and asset holdings, including analyzing tax returns and other complex financial documentation.
  • Ability to communicate effectively, both verbally and written.
  • Detail oriented with excellent organizational skills.
  • Readily embraces change.
  • Good PC skills--proficiency in Microsoft Word and Excel essential.
  • Strong quantitative and analytical skills.
EDUCATION 
  • Bachelors’ Degree preferred. FHA Direct Endorsement Certification and VA LAPP preferred but not required depending on the degree of conforming underwriting experience
TRAVEL REQUIREMENTS
Ability to travel as needed for meetings, projects, seminars, etc.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.
 

While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.

 EQUIPMENT
MS Office PC, fax, phone and standard office equipment.

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