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Contract Loan Processing Jobs in Wisconsin (NOW HIRING)

... and Contract Assignments, as needed. Drafts supplemental loan closing documents when necessary ... Working knowledge of loan approval processes and requirements, personal property security documents ...

... the interview process. * 36 patient contact hours with flexible scheduling * 4-day work week ... Student loan debt assistance available * Primary care call 1:20 ratio * Located in Wisconsin - 90 ...

... and Contract Assignments, as needed. Drafts supplemental loan closing documents when necessary ... Working knowledge of loan approval processes and requirements, personal property security documents ...

... loan assumption processes in connection with the monetization of investments. * Work ... Review sales contracts, insurance certificates, property condition reports, environmental reports ...

... and Contract Assignments, as needed. Drafts supplemental loan closing documents when necessary ... Working knowledge of loan approval processes and requirements, personal property security documents ...

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Contract Loan Processing information

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$13

$21

$31

How much do contract loan processing jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for contract loan processing in Wisconsin is $21.50, according to ZipRecruiter salary data. Most workers in this role earn between $18.17 and $24.28 per hour, depending on experience, location, and employer.

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 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.

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 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 much do entry level contract loan processors make?

Entry-level contract loan processors typically earn between $15 and $20 per hour, depending on location and employer. Starting salaries may also include benefits such as training and opportunities to develop skills in loan processing software and documentation management.

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 Wisconsin?

The most popular types of Loan Processing jobs in Wisconsin are:

What are popular job titles related to Contract Loan Processing jobs in Wisconsin?

For Contract Loan Processing jobs in Wisconsin, the most frequently searched job titles are:

What cities in Wisconsin are hiring for Contract Loan Processing jobs?

Cities in Wisconsin with the most Contract Loan Processing job openings:

Sr. Commercial Underwriter - To 125K - Waukesha, WI - Job 3788-147012

The Symicor Group

Waukesha, WI

$125K/yr

Full-time

Re-posted 17 days ago


Job description

Sr. Commercial Underwriter - To $125K - Waukesha, WI - Job # 3788-147012Who We AreThe Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.The PositionOur bank client is seeking to fill a Sr. Commercial Underwriter role in the Waukesha, WI area. The position is responsible for underwriting new commercial loan requests, renewals, and annual reviews, which includes the preparation of the appropriate credit analysis and risk rating package. Reviews collateral documents to include: appraisals, title policies, environmental reports, surveys, leases, and construction contracts. This opportunity has a generous salary of up to $125K and a benefits package.  (This is not a remote position).Sr. Commercial Underwriter responsibilities include:
  • Completes all sections of the appropriate credit analysis and risk rating package so that the loan request and structure, collateral analysis, borrower background, financial statement analysis, cash flow analysis, loan policy compliance, future financial statement requirements, strengths and weaknesses, and conditions to close are detailed in such a manner that a loan decision can be made.
  • Meets with Commercial Loan Officers and/or borrowers to understand existing loans and new loan requests.
  • May be asked to attend Commercial Loan Committee meetings to present credit analysis information and/or other information relative to this position.
  • May be asked to contact businesses, accountants, attorneys, or other necessary professionals to clarify questions related to the preparation of the credit analysis package.
  • Requests and analyzes all necessary collateral documents and takes a proactive approach in resolving any issues.
  • Requests the necessary financial statements for the completion of annual reviews.
  • Provides feedback to Commercial Loan Officers and supervisory staff regarding concerns with any aspects of loans underwritten. Recommends and models appropriate loan structures for new and existing loan relationships.
  • Completes annual reviews as per the requirements of the business loan policy and the dates established in the credit analysis package. Analyzes and studies the trends to determine the appropriate risk rating. Makes recommendations on risk rating changes.
  • When appropriate, attends business loan appointments with business loan officers to be part of the profiling process.
  • Maintains annual review and risk rating reports.
  • Assists in the annual review of the Commercial Lending Policy.
  • Performs loan audit review work as assigned.
  • Performs other duties as assigned. 
Who Are You?You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.You also bring the following skills and experience:
  • Bachelor's degree in business or related field and a minimum of 5 years of direct experience in business/commercial credit analysis. An equivalent combination of education and experience will be considered.
  • Experience in software or systems used for credit analysis, and deposit and loan products.
  • Must have strong financial and credit analysis skills, as well as a detailed understanding of business credit documentation and business collateral documents.
  • Demonstrated ability to use independent judgment and discretion in various situations while maintaining a high degree of confidentiality.
  • Must develop a thorough understanding of company policies and procedures as they relate to this position. Must comply with all company policies and procedures and all job-related state and federal laws and regulations. 
  • Excellent verbal and written communication skills, problem-solving skills, organizational skills, and the ability to work independently as a valuable team member in a dynamic environment.
The next step is yours. Email us your current resume along with the position you are considering to:resumes@symicorgroup.com