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Contract Loan Processor Jobs in Baltimore, MD (NOW HIRING)

All Financial Services

Processor

Owings Mills, MD · On-site

$38K - $52K/yr

Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files * Collect and verify ...

All Financial Services

Processor

Owings Mills, MD

$38K - $52K/yr

Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files * Collect and verify ...

Kellton

Syndicated Loan Ops Analyst

Baltimore, MD · On-site

$25.93/hr

Syndicated Loan Ops Analyst Duration 12 months + (Long Term Contract) Location Baltimore, MD 21231 ... Core functions include: - Processing borrowing/funding and settlement/paydown requests received ...

Eagle Title

Commercial Processor

Annapolis, MD · On-site

$24 - $31/hr

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

Eagle Title

Commercial Processor

Annapolis, MD · On-site

$24 - $31/hr

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

Brennan Title Company

Title Processor

Annapolis, MD

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 ...

Turn2Partners

Client Services Specialist

MD · On-site

$25 - $32/hr

Contract-to-Hire / Onsite About the Team: Join a well-established benefits administration ... loan processing, or application review experience • Strong document review and data validation ...

Belay Technologies, Inc.

Process Engineer

Columbia, MD · On-site

$105 - $200/hr

Ten (10) years' experience with Process Improvement on programs and contracts of similar scope ... Student Loan Repayment Program * 100% company-funded HSA * Rich medical coverage (100% coinsurance)

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All JobsContract Loan Processor JobsContract Loan Processor Jobs in Baltimore, MD

Contract Loan Processor information

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How much do contract loan processor jobs pay per hour?

As of Aug 26, 2026, the average hourly pay for contract loan processor in Baltimore, MD is $21.17, according to ZipRecruiter salary data. Most workers in this role earn between $17.93 and $23.89 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 Baltimore, MD?

The most popular types of Loan Processor jobs in Baltimore, MD are:

What are popular job titles related to Contract Loan Processor jobs in Baltimore, MD?

For Contract Loan Processor jobs in Baltimore, MD, the most frequently searched job titles are:

What job categories do people searching Contract Loan Processor jobs in Baltimore, MD look for?

The top searched job categories for Contract Loan Processor jobs in Baltimore, MD are:

Contract Loan Processor jobs near you
Infographic showing various Contract Loan Processor job openings in Baltimore, MD as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 13% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,026 per year, or $21.2 per hour.

Processor

Owings Mills, MD • On-site

All Financial Services
See more jobs at All Financial Servicesexternal

$38K - $52K/yr

Full-time

Re-posted 23 days ago

Job description

SUMMARY/OBJECTIVE:
A loan processor reviews loan applications before sending them to the underwriter for approval. As a loan processor, your responsibilities and duties include organizing required documents and verifying the accuracy and completeness of the loan application. You work as the intermediary between the loan officer and the underwriter, so you will not usually have direct contact with the customer.
ROLES AND RESPONSIBILITIES:
  • Act as a liaison between applicants, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to help further loan approval
  • Ensure loan files meet lending and regulatory guidelines and policies
  • Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files
  • Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness
  • Prepare and submit detailed loan packages to the lender underwriting department for approval or denial
  • Other duties as assigned by management

QUALIFICATIONS:
  • Mortgage lending experience and loan knowledge required, specifically with FHA, FHLB, FNMA, or VA loans
  • High school diploma or GED required - associate degree in accounting, finance, or business preferred
  • 2 years minimum experience in loan processing required
  • Must possess exceptional attention to detail, as well as strong analytical and time management skills
  • Must have excellent written and verbal communication skills

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