ZipRecruiter

Log In

1

Contract Loan Processor Jobs in Allen, TX (NOW HIRING)

CornerStone Staffing

Auto Loan Processor

Dallas, TX · On-site

$22/hr

The Loan Processor (Verifier) plays a critical role in ensuring loan applications and contract packages are complete, accurate, and ready to move through the credit process. * Success in this ...

New

PACCAR

Contract Administrator

Lewisville, TX

Prepare direct loan, lease contract and supporting documentation upon request. Prepare and process rewrites, refinances and transfer of equities and supporting documents. Set up, and maintain ...

New

PACCAR

Contract Administrator

Lewisville, TX · On-site

Job Functions / Responsibilities • Administrate and process retail, direct loan and lease contracts while accurately ensuring procedural compliance and timeliness. • Prepare direct loan, lease ...

New

next page

Showing results 1-20

All JobsContract Loan Processor JobsContract Loan Processor Jobs in Allen, TX

Contract Loan Processor information

See Allen, TX salary details

$12

$19

$28

How much do contract loan processor jobs pay per hour?

As of Aug 29, 2026, the average hourly pay for contract loan processor in Allen, TX is $19.81, according to ZipRecruiter salary data. Most workers in this role earn between $16.78 and $22.36 per hour, depending on experience, location, and employer.

What does a contract loan processor do?

A Contract Loan Processor is a professional who temporarily works with mortgage lenders or brokers to process loan applications. They review and verify all documentation, such as income, credit reports, and property details, to ensure they meet lending requirements. Contract Loan Processors often work independently or through agencies, providing their services on a per-loan or short-term basis. Their main goal is to help facilitate smooth and timely loan approvals by coordinating between borrowers, lenders, and underwriters.

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 strong knowledge of mortgage loan products, compliance regulations, and experience with loan processing, typically supported by a high school diploma or equivalent. Familiarity with loan origination systems (LOS) like Encompass or Calyx, and understanding of automated underwriting systems (AUS), is crucial. Excellent organizational skills, attention to detail, and effective communication with clients and team members set top performers apart. These competencies ensure efficient, accurate loan processing while maintaining regulatory compliance and client satisfaction.

What are some common challenges faced by contract loan processors, and how can they be addressed?

Contract Loan Processors often encounter challenges such as fluctuating loan volumes, tight deadlines, and frequent changes in lending regulations. Meeting these demands requires strong organizational skills and the ability to adapt quickly to new processes or software. Building effective communication with loan officers, underwriters, and clients is essential for resolving documentation issues promptly and ensuring smooth loan processing. Staying updated on industry guidelines and maintaining meticulous attention to detail can help mitigate errors and delays, ultimately leading to successful loan closures.

What is the difference between Contract Loan Processor vs Underwriter?

AspectContract Loan ProcessorUnderwriter
CredentialsTypically requires a high school diploma or equivalent; certifications like NMLS may be preferredOften requires mortgage or financial certifications; some roles need a license or specific underwriting training
Work EnvironmentOffice setting, processing loan documents, communicating with clients and lendersOffice setting, assessing risk, reviewing loan applications and supporting documents
Industry UsageCommonly employed in mortgage and lending companiesUsed across mortgage, banking, and financial institutions

The main difference is that Contract Loan Processors handle the initial processing and documentation of loans, while Underwriters evaluate the risk and approve or deny loan applications. Both roles are essential in the mortgage industry and often work closely together to ensure loan approval processes are efficient and compliant.

How do you become a contract loan processor?

To become a contract loan processor, you typically need a high school diploma or equivalent, along with experience in loan processing or related administrative roles. Familiarity with loan software and strong attention to detail are important, and some employers may prefer candidates with a certification in loan processing or mortgage underwriting.

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 flexible schedules and training in loan processing software.

What are the most commonly searched types of Loan Processor jobs in Allen, TX?

The most popular types of Loan Processor jobs in Allen, TX are:

What are popular job titles related to Contract Loan Processor jobs in Allen, TX?

For Contract Loan Processor jobs in Allen, TX, the most frequently searched job titles are:

What cities near Allen, TX are hiring for Contract Loan Processor jobs?

Cities near Allen, TX with the most Contract Loan Processor job openings:

Contract Loan Processor jobs near you
Infographic showing various Contract Loan Processor job openings in Allen, TX as of August 2026, with employment types broken down into 92% Full Time, and 8% Contract. Highlights an 92% In-person, and 8% Remote job distribution, with an average salary of $41,214 per year, or $19.8 per hour.

Auto Loan Processor

CornerStone Staffing

Dallas, TX • On-site

$22/hr

Full-time

Posted yesterday

New

Job description

LOAN PROCESSOR (VERIFIER)

Turn Accuracy Into Opportunity — Be the Final Check That Keeps Loans Moving

Do you have a sharp eye for details and a talent for catching what others might miss? CornerStone Staffing is seeking a Loan Processor (Verifier) who can confidently review documentation, verify customer information, and keep loan applications moving toward completion. If you enjoy investigative work, data accuracy, and being the person a team can count on to get the details right, this could be your next opportunity.

LOCATION - North Dallas – On Site

COMPENSATION & SCHEDULE

  • Pay: $22.00/hr

  • Monday–Friday 8:00 AM–5:00 PM

  • Temp to Hire

ROLE IMPACT

  • The Loan Processor (Verifier) plays a critical role in ensuring loan applications and contract packages are complete, accurate, and ready to move through the credit process.

  • Success in this position requires strong attention to detail, efficient document processing, and the ability to research and verify customer information while maintaining productive communication with customers and the Credit team.

KEY RESPONSIBILITIES

  • Review, validate, and prepare documentation required to complete loan applications within established timelines.

  • Use both manual and automated processes to verify loan documentation.

  • Perform data entry and information retrieval while maintaining accuracy.

  • Research and verify customer information contained within loan applications.

  • Audit application and contract package data for accuracy and completeness.

  • Identify documentation discrepancies and communicate questions or concerns directly to the Credit Officer.

  • Professionally handle incoming and outgoing phone calls.

  • Organize and prioritize daily workloads to keep loan documentation moving efficiently.

  • Perform additional loan processing and administrative duties as assigned.

MINIMUM QUALIFICATIONS

  • Must have 3 years of loan processing experience in automotive industry as recent work history

  • No more than three jobs in the last five years

  • Strong attention to detail with the ability to review and validate documentation accurately

  • Essential computer, keyboarding, and data entry skills.Strong organization, time management, and planning abilities.

  • Professional oral communication skills when working with customers and coworkers.

LEGAL NOTICE

  • By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from CornerStone and its affiliates, and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy at: https://www.cornerstonestaffing.com/privacy