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Contract Loan Processing Jobs in Washington (NOW HIRING)

Umd

Accounting Associate

College Park, MD

$46K - $56K/yr

Serves as primary bookkeeping specialist for a major function such as complex multi-grant and contract accounting support, loan processing and payment plan support, or supervises and trains ...

TEKsystems

Loan Administrative Assistant

Herndon, VA

$20 - $21/hr

Ensures accurate recordkeeping, document processing, reporting, file maintenance, loan support ... Contract to Hire position based out of Herndon, VA. Pay and Benefits The pay range for this ...

TEKsystems

Loan Administrative Assistant

Herndon, VA

$20 - $21/hr

Ensures accurate recordkeeping, document processing, reporting, file maintenance, loan support ... Contract to Hire position based out of Herndon, VA. Pay and Benefits The pay range for this ...

Kingstonville

Lead Lender Review Specialist

Washington, DC · On-site

$160K - $180K/yr

... processes to assess compliance with applicable program requirements and established review ... contract requirements. * Perform detailed loan file testing to evaluate underwriting quality ...

Eagle Title

Commercial Processor

Annapolis, MD · On-site

$24 - $31/hr

... with contracts, settlement statements, mortgages, deeds, and policies of title insurance ... Closing Processing * Reviewing executed loan title documents after settlement has occurred

Eagle Title

Commercial Processor

Annapolis, MD · On-site

$24 - $31/hr

... with contracts, settlement statements, mortgages, deeds, and policies of title insurance ... Closing Processing * Reviewing executed loan title documents after settlement has occurred

Brennan Title Company

Title Processor

Annapolis, MD · On-site

Examine maps, liens, judgments, leases, agreements, public records, contracts, surveys, and plat ... Communicate effectively and regularly with Real Estate agents, Loan officers, and clients * Conduct ...

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All JobsContract Loan Processing JobsContract Loan Processing Jobs in Washington

Contract Loan Processing information

See Washington salary details

$15

$24

$34

How much do contract loan processing jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for contract loan processing in Washington is $24.13, according to ZipRecruiter salary data. Most workers in this role earn between $20.43 and $27.21 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 Washington? The most popular types of Loan Processing jobs in Washington are:
What are popular job titles related to Contract Loan Processing jobs in Washington? For Contract Loan Processing jobs in Washington, the most frequently searched job titles are:
What job categories do people searching Contract Loan Processing jobs in Washington look for? The top searched job categories for Contract Loan Processing jobs in Washington are:
Contract Loan Processing jobs near you
Infographic showing various Contract Loan Processing job openings in Washington as of August 2026, with employment types broken down into 1% As Needed, 79% 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 $50,183 per year, or $24.1 per hour.

Accounting Associate

Umd

College Park, MD

$46K - $56K/yr

Full-time

Posted 7 days ago

Job description

Job Description SummaryOrganization's Summary Statement:
Under general supervision, supervises complex accounting clerical, bookkeeping, payments receivable & departmental deposit processing or auditing activities. Serves as primary bookkeeping specialist for a major function such as complex multi-grant and contract accounting support, loan processing and payment plan support, or supervises and trains subordinate personnel.
Primary Duties:
1. Performs complex clerical activities essential to accounting, such as accounts payable/receivable, payment handling procedures, posting or reconciling ledgers and accounts, processing and disbursing refunds, preparing trial balances, payroll, leave accounting and preparing consolidated reports.
2. Provides primary bookkeeping support services for complex accounts that require regular reports, active monitoring of fund and budget amendments, and/or departmental deposits for multiple campuses. Reconciliation and detailed research to resolve discrepancies including validation of armored car transactions.
3. Assists accountants or auditors in making modifications to existing accounting systems or in the formulation and installation of new systems.
4. Performs analysis of various ledger accounts such as reviewing entries, verifying amounts, monitoring and balance cash funds, comparing and reconciling balances and interpreting trends or deviations from accounting standards.
5. Supervises and monitors the bookkeeping activity of a unit, ensuring details of financial transactions are recorded in journals, ledgers and automated system.
6. Researches and resolves credit card payment issues.
7. Processes loan closing procedures for campus emergency and institutional student loans, verifying identification and completion of the appropriate promissory notes maintaining accurate documentation.
8. Reviews all transactions posted to assigned accounts by ensuring all account activity is recorded, all adjustments are calculated and corrections made.
9. Provides a consistent level of customer service relating to inquiries about payments and processing regarding their billing and registration activity. This requires being aware of and adhering to all privacy rules including the campus provisions for FERPA, Graham Leach Bliley, and approved Red Flag Rules.
10. Prepares a variety of reports using manual and automated systems and equipment, personal computers and related software.
11. Monitors cash and checks to help detect counterfeiting and forgeries.
12. Supervises and trains subordinate personnel, determines work priorities, plans, schedules, assigns and reviews work.
Physical Demands:
Licenses/ Certifications:Minimum Qualifications

EDUCATION: High school diploma or GED.

EXPERIENCE: Four years accounting clerical experience. Customer service experience and/or cash handling and payment processing experience.

OTHER: None

REQUIRED KNOWLEDGE/SKILLS/ABILITIES:

Thorough knowledge of bookkeeping principles, mathematical methods and techniques and accounting standards. Skill in performing mathematical computations; in using analytical techniques to reconcile financial data; in reviewing and processing financial documents; in operating calculators, personal computers and related software. The ability to exercise attention to detail in the area of monetary transactions. Ability to understand and explain items within an accounting system. Ability to communicate effectively, to prepare written records and reports; to work independently with little supervision; to supervise and train others in assigned accounting clerical work; to establish and maintain effective work relationships; to operate manual and automated office equipment. Must have the ability to understand the various privacy laws and audit requirements placed on the daily function of the position.

OTHER:

Except for qualifications established by law, additional related experience and formal education in which one has gained the knowledge, skills, and abilities required for full performance of the work of the job class may be substituted for the education or experience requirement on a year-for-year basis with 30 college credits being equivalent to one year of experience.

CONDITIONS OF EMPLOYMENT:

Additional Job Details

Preferences:

Analytical problem-solving skills

Integrity and discretion when handling confidential information

Adaptability in a fast past envirnoment

Physical Demands

N/A

Best Consideration Date:

NA

Posting Close Date:8/19/2026

Job RisksFinancial Disclosure RequiredNo

For more information on Financial Disclosure, please visit Maryland's State Ethics Commission website.

DepartmentBMGT-Dean-Office of Finance & AccountingWorker Sub-Type Staff RegularSalary Range$46,736.00 - $56,083.00
Benefits Summary

For more information on Regular Nonexempt benefits, select this link.

Background Checks

Offers of employment are contingent on completion of a background check. Information reported by the background check will not automatically disqualify anyone from employment. Before any adverse decision, the finalist will have an opportunity to provide information to the University regardingdisclosablebackground checkinformation. The University reserves the right to rescind the offer of employment or otherwise decline or terminate employment if the information reported by the background check is deemed incompatible with the position, regardless of when the background check is completed.

Employment Eligibility

The successful candidate must complete employment eligibility verification (on Form I-9) by presenting documents that establish identity and work authorization within the timeframe required by federal immigration law, and where applicable, to demonstrate renewed employment authorization. Failure to complete employment eligibility verification or reverification within the timeframe set forth by law may result in suspension or termination of employment.

EEO Statement

The University of Maryland, College Park is an Equal Opportunity Employer. All qualified applicants will receive equal consideration for employment. Please read the University's Equal Employment Opportunity Statement of Policy.

Title IX Non-Discrimination NoticeResources

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