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Contract Loan Processing Jobs in Ohio (NOW HIRING)

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Approximately 8:00 AM-5:00 PM Pay Rate: $25.71/hr W2 Duration: 6-month contract Overtime: May be ... Support peer reviews, training, process documentation, and continuous improvement. Required ...

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Loan Officer Assistant

Dublin, OH ยท On-site

$36K - $49K/yr

... loan process, and supporting the managing loan officer from contact to contract as necessary in a fast-paced environment. At UHM, we understand diversity comes in many different forms. It's our ...

Loan Officer Assistant

Marion, OH ยท On-site

$32K - $44K/yr

... loan process, and supporting the managing loan officer from contact to contract as necessary in a fast-paced environment. At UHM, we understand diversity comes in many different forms. It's our ...

If you have a strong background in title processing, loan documentation, and customer service, we'd ... Contract management * Recording requirements * Loan funding and disbursement * Best practices in ...

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Mortgage Loan Closer

Streetsboro, OH ยท On-site

$18.78 - $24.73/hr

... contract expiration date and accurately calculate final closing costs. 5. Communicate with all ... Identify and resolve discrepancies or issues with closing process or documents. Secondary Duties:

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Contract Loan Processing information

See Ohio salary details

$13

$20

$29

How much do contract loan processing jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for contract loan processing in Ohio is $20.25, according to ZipRecruiter salary data. Most workers in this role earn between $17.16 and $22.84 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 Ohio? The most popular types of Loan Processing jobs in Ohio are:
What cities in Ohio are hiring for Contract Loan Processing jobs? Cities in Ohio with the most Contract Loan Processing job openings:

Residential & Consumer Loan Officer

The First Citizens National Bank of Upper Sandusky

Upper Sandusky, OH โ€ข On-site

Full-time

Re-posted 13 days ago


Job description

Purpose:
Responsible to originate and close residential real estate and consumer loans, participate in business development activities, and assist customers and bank staff with lending/deposit information. Responsible for initiating outside business calling efforts and cross selling all bank products.
Essential Functions:
  1. Promotes loan growth through public contact, developing relationships with centers of influence, new and current realtors, builders and borrowers to promote continuous business.
  2. Interviews loan applicants and takes applications to understand financial needs and make appropriate recommendations. Explains products, programs, loan processes, settlement procedures and set customer expectations. Collects information to underwrite the application and evaluate with expertise. Understands and reviews loan closing documents prior to closing to ensure accuracy. Ensures proper approval prior to establishing loan closing.
  3. Primary types of loans offered: in-house and secondary market residential real estate loans, home equity loans, home equity lines of credit, installment loans, and cash reserve loans.
  4. Provides exceptional customer service before, during and after the loan process.
  5. Communicates and works well with Credit and Loan Processing teams
  6. Actively participates in community organizations/projects and represents the Bank positively at these events.
  7. Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management, overall safety and soundness, and the banks compliance with all regulatory requirements, e.g. Bank Secrecy Act, Regulation E (Electronic Funds), Regulation CC (Funds Availability,) CRA and Regulation DD, Loan Policy or other policies pertaining to your position.
  8. Establishes a strong FCNB presence in the market.
  9. Manages personal pipeline to ensure service standards and financial goals are met.
  10. Ensures the credit quality of loans to minimize losses. May be responsible for collections activity within own portfolio, including contacting delinquent customers.
  11. Learns various borrowing programs and processes to stay current with changes and new products.
  12. Develops and maintains knowledge of data relating to the financial industry, economy, market conditions, rates, vendors, and competition.
  13. Complies with all applicable federal and state compliance guidelines relative to the position.

OTHERS :
  1. Note this job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required for this job. Duties, responsibilities and activities may change at any time with or without notice.

Requirements
REQUIREMENTS :
Prefer minimum four year college degree with emphasis in business or finance or comparable lending/job experience.; knowledge of loan products; knowledge of loan application process; cross-sells referral programs, willingness to participate in additional job-related courses and seminars; Excellent customer service and sales skills. Strong analytical and organizations skills. Strong written and verbal communication skills. Must have (or be willing/able to quickly obtain) NMLS registration.
This job posting does not list all the duties of the job. This job posting may be revised at any time. This job posting is not to be implied as a contract for employment for any length of time and will not change the employee's at will relationship. Either the employer or the employee may terminate employment at any time. First Citizens National Bank is an Equal Opportunity Employer -D/V.