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Contract Loan Processing Jobs in Virginia (NOW HIRING)

KORE MORTGAGE LLC

Loan Officer

Midlothian, VA

Process loan applications * Set up debt payment plans * Report on financing decisions * Complete loan contracts * Assist clients in understanding the terms and conditions of their contracts

KORE MORTGAGE LLC

Loan Officer

Midlothian, VA

Process loan applications * Set up debt payment plans * Report on financing decisions * Complete loan contracts * Assist clients in understanding the terms and conditions of their contracts

NC SECU

The Loan Underwriter I serves as a key resource to branch personnel and the loan processing team ... contracts, appraisals, flood certificates, income documents, insurance documentation, asset ...

NC SECU

The Loan Underwriter I serves as a key resource to branch personnel and the loan processing team ... contracts, appraisals, flood certificates, income documents, insurance documentation, asset ...

TEKsystems

LOA (WCC)

Winchester, VA · Hybrid

$23.50/hr

Mortgage Loan Processing/Support About the Opportunity This is an excellent opportunity to join a ... Hybrid schedule Job Type & Location This is a Contract position based out of Winchester, VA. Pay ...

TEKsystems

LOA (WCC)

Winchester, VA · Hybrid

$23.50/hr

Mortgage Loan Processing/Support About the Opportunity This is an excellent opportunity to join a ... Hybrid schedule Job Type & Location This is a Contract position based out of Winchester, VA. Pay ...

Security Finance

Administrative Assistant

Newport News, VA · On-site

$16.25 - $22/hr

Professional Financial Services (PFS) has been purchasing retail installment contracts for new and ... Receive loan payments and post to customer accounts * Process loan applications * Maintain ...

Security Finance

Administrative Assistant

Newport News, VA · On-site

$16.25 - $22/hr

Professional Financial Services (PFS) has been purchasing retail installment contracts for new and ... Receive loan payments and post to customer accounts * Process loan applications * Maintain ...

Guild

Originating LOA

Chesapeake, VA · On-site

$17.47 - $29.12/hr

If loan out of balance, work with processor & branch manager to request subsidy. * Partners with ... Lead to Contract duties: * * Assist originator in appointment setting with prospective and new ...

Guild Mortgage

Originating LOA

Chesapeake, VA · On-site

$36K - $60K/yr

If loan out of balance, work with processor & branch manager to request subsidy. * Partners with ... Lead to Contract duties: * * Assist originator in appointment setting with prospective and new ...

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All JobsContract Loan Processing JobsContract Loan Processing Jobs in Virginia

Contract Loan Processing information

See Virginia salary details

$13

$21

$30

How much do contract loan processing jobs pay per hour?

As of Aug 2, 2026, the average hourly pay for contract loan processing in Virginia is $21.12, according to ZipRecruiter salary data. Most workers in this role earn between $17.88 and $23.85 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 Virginia? The most popular types of Loan Processing jobs in Virginia are:
What are popular job titles related to Contract Loan Processing jobs in Virginia? For Contract Loan Processing jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Contract Loan Processing jobs in Virginia look for? The top searched job categories for Contract Loan Processing jobs in Virginia are:
What cities in Virginia are hiring for Contract Loan Processing jobs? Cities in Virginia with the most Contract Loan Processing job openings:
Contract Loan Processing jobs near you

Loan Officer

KORE MORTGAGE LLC

Midlothian, VA

Full-time

Medical, Retirement

Re-posted 10 days ago

Job description

Benefits/Perks
  • Supplemental Health Insurance (Aflac)
  • 401K Matching
  • Careers Advancement Opportunities 
  • Flexible Scheduling
  • Competitive Commissioned Compensation
Job Summary
We are seeking an Licensed Loan Officer to join our team. In this role, you will evaluate and process loan applications. Your responsibilities will include interviewing applicants to gather financial information, evaluating creditworthiness, and completing loan contracts. The ideal candidate has excellent communication and customer service skills and a deep understanding of current lending practices and regulations.  
 
Responsibilities 
  • Interview applicants to gather financial information
  • Evaluate creditworthiness
  • Process loan applications
  • Set up debt payment plans
  • Report on financing decisions
  • Complete loan contracts
  • Assist clients in understanding the terms and conditions of their contracts
  • Maintain up-to-date knowledge of current financial services and types of loans
  • Keep detailed records for all accounts
  • Ability to work with positivity and honesty
Qualifications
  • Must have a current Mortgage Originator License in any of the following states VA, MD, NC, FL, and DC
  • Previous experience as a Loan Officer is preferred
  • Familiarity with Microsoft Excel, databases, and loan processing and banking software
  • Knowledge of lending products, practices, underwriting guidelines, and compliance
  • Strong customer service, communication skills, and interpersonal skills
  • Ability to perform in a goal-oriented environment