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Contract Loan Processing Jobs (NOW HIRING)

The Lending Group

Home Loan Processor

Norristown, PA · On-site

$40K - $55K/yr

Obtain property documentation to process mortgage loan files, including appraisals, inspections, title searches, site surveys, contracts, and property tax records * Input detailed loan process ...

Rize Mortgage

Loan Processor

Plantation, FL · Remote

$19.25 - $25.50/hr

... contracts, and property tax records to help process mortgage loan files. · Prepare and submit detailed loan packages to the lender underwriting department for approval or denial. · Act as a liaison ...

Rize Mortgage

Loan Processor

Plantation, FL · Remote

$19.25 - $25.50/hr

... contracts, and property tax records to help process mortgage loan files. · Prepare and submit detailed loan packages to the lender underwriting department for approval or denial. · Act as a liaison ...

Canter Financial

Home Loan Processor

Richmond, VA · On-site

$55K - $85K/yr

Responsibilities: • Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files • ...

HomeTown_Bank

Loan Processor

League City, TX

$16 - $21.50/hr

Loan Processing: * Perform all pre-closing loan duties and prepare all loan closing documentation ... contracts as applicable as well as following all Bank policies and procedures * Ensure proper ...

Crosscountrymortgage

Loan Processor

Melville, NY · On-site

$19.25 - $25.50/hr

... processing and disclosing loans, and overseeing the success of every loan from contract to close. The Loan Processor will work with Borrowers, Loan Officers, Underwriters, and any Third Parties to ...

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All JobsContract Loan Processing Jobs

Contract Loan Processing information

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$13

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$30

How much do contract loan processing jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for contract loan processing in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 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.

More about Contract Loan Processing jobs
What cities are hiring for Contract Loan Processing jobs? Cities with the most Contract Loan Processing job openings:
What are the most commonly searched types of Loan Processing jobs? The most popular types of Loan Processing jobs are:
What states have the most Contract Loan Processing jobs? States with the most job openings for Contract Loan Processing jobs include:
What job categories do people searching Contract Loan Processing jobs look for? The top searched job categories for Contract Loan Processing jobs are:
Contract Loan Processing jobs near you
Infographic showing various Contract Loan Processing job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 70% Full Time, 6% Part Time, and 23% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
Mortgage Loan Processor

Mortgage Loan Processor

Interstate Home Loan Center

Melville, NY

$40K - $56K/yr

Other

Posted 23 days ago

Job description

Mortgage Loan Processor

Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you're interested in a dynamic position on a well-established and successful lending team, look no further; apply now!

Responsibilities

  • Secure property and loan documentation to process mortgage loan files such as appraisals, inspections, title searches, site surveys, contracts, and property tax records
  • Adhere to all lending and regulatory guidelines and policies while preparing the loan file
  • Assist borrowers in determining the best mortgage type based on interview and situation
  • Maintain detailed documentation of the process in our system - from origination to close
  • Put together loan packages and submit to lender underwriting for approval or denial

Qualifications

  • Must possess exceptional attention to detail, as well as strong analytical and time management skills
  • At least 2 years of loan processing experience required
  • Accounting, finance, or business Associate's degree preferred - High school diploma or GED required
  • Experience in mortgage lending and knowledge of loan types, such as FHA, FHLB, FNMA, or VA loans required
  • Must have excellent written and verbal communication skills

Compensation 70000- 100000 yearly About Interstate Home Loan Center, Inc.

For more than 30 years, Interstate Home Loan Center has been helping people turn their dreams of owning a home into a reality.

At Interstate, we're not just building a mortgage company — we're redefining what success looks like in the modern financial space. We're a high-performance, growth-focused team obsessed with delivering value, creating brand trust, and building the best environment in the industry for our people and partners. If you're energized by bold ideas, fast execution, and making a real impact, this is your seat at the table.

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