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Contract Loan Processor Jobs in Boca Raton, FL (NOW HIRING)

... processing of commercial and residential transactions from beginning to end Review contracts ... loan packages and preparation of closing binders Title commitments and policies, settlement ...

Proficiency in all details of Loan Draw process with Lenders. * Proficiency in accounting software ... Knowledge of construction contracts, change orders, and procurement processes is advantageous.

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Contract Loan Processor information

See Boca Raton, FL salary details

$13

$20

$29

How much do contract loan processor jobs pay per hour?

As of Jul 12, 2026, the average hourly pay for contract loan processor in Boca Raton, FL is $20.21, according to ZipRecruiter salary data. Most workers in this role earn between $17.12 and $22.79 per hour, depending on experience, location, and employer.

How much does a loan officer make on a $500,000 loan?

A contract loan processor or loan officer typically earns a commission or fee based on the loan amount, often around 0.5% to 1% of the loan value. For a $500,000 loan, this could translate to $2,500 to $5,000 in fees or commissions, depending on the company's compensation structure and the specific role involved.

Will MLO be replaced by AI?

A Mortgage Loan Originator (MLO) role involves client interaction, assessing financial information, and guiding borrowers through the loan process, which currently requires human judgment and communication skills. While AI tools can assist with data analysis and document processing, they are unlikely to fully replace MLOs in the near future due to the need for personalized service and complex decision-making. MLOs may increasingly use AI to improve efficiency but will continue to play a vital role in mortgage lending.

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 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 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 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 is a contract loan processor?

A contract loan processor is a professional responsible for reviewing and verifying loan applications, ensuring all required documentation is complete and accurate. They work within lending institutions to facilitate the approval process, often using loan processing software and adhering to regulatory guidelines. This role typically involves strong attention to detail and knowledge of loan programs and underwriting standards.

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.

What are the most commonly searched types of Loan Processor jobs in Boca Raton, FL? The most popular types of Loan Processor jobs in Boca Raton, FL are:
What are popular job titles related to Contract Loan Processor jobs in Boca Raton, FL? For Contract Loan Processor jobs in Boca Raton, FL, the most frequently searched job titles are:
What job categories do people searching Contract Loan Processor jobs in Boca Raton, FL look for? The top searched job categories for Contract Loan Processor jobs in Boca Raton, FL are:
What cities near Boca Raton, FL are hiring for Contract Loan Processor jobs? Cities near Boca Raton, FL with the most Contract Loan Processor job openings:
Infographic showing various Contract Loan Processor job openings in Boca Raton, FL as of July 2026, with employment types broken down into 1% As Needed, 66% Full Time, 18% Part Time, 1% Temporary, and 14% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $42,047 per year, or $20.2 per hour.
Commercial Real Estate Attorney

Commercial Real Estate Attorney

Losh Associates

Fort Lauderdale, FL • On-site

$140K - $170K/yr

Full-time

Medical, Dental, Vision, Life

Re-posted 5 days ago


Job description

A Fort Lauderdale Law Firm has an opening for a Senior Commercial Real Estate Attorney. You will work on a variety of commercial real estate transactions, including leasing, financing, and property management agreements.

Responsibilities:

  • Draft, review, and negotiate purchase and sale agreements, leases, loan documents, and related contracts.
  • Conduct due diligence, including title and survey review, zoning analysis, and environmental assessments.
  • Coordinate closings and manage all aspects of the transaction process.
  • Advise clients on legal risks and strategies related to real estate investments and developments.

​​Qualifications:

  • 7+ years of commercial real estate experience
  • Excellent written and verbal communication skills
  • Must be an active member of the Florida Bar in good standing

Lōsh Associates logo

About Lōsh Associates

Sourced by ZipRecruiter

Lōsh Associates is a boutique staffing firm that specializes in Accounting, Legal and Administration direct-hire placements. The main pillars with which we pride ourselves are honesty and transparency to our clients and candidates alike. At Lōsh Associates, we are dedicated to providing the highest level of service to our clients. Our Associates listen to understand. Matching the right candidate to the right job is our priority. This philosophy has resulted in a high "submission to hire" ratio.

Industry

Recruiting and staffing services

Company size

11 - 50 Employees

Headquarters location

Coral Springs, FL, US

Year founded

2018

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