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Contract Loan Processor Jobs in Kent, WA (NOW HIRING)

Consumer Loan Processor

Bellevue, WA ยท On-site

$21.50 - $26.75/hr

We provide our consultants with long term Contract, Contract-to-Hire and Permanent Placement ... The Processor works with loan officers, borrowers, and third party providers to obtain ...

Consumer Loan Processor

Bellevue, WA ยท On-site

$21.50 - $26.75/hr

We provide our consultants with long term Contract, Contract-to-Hire and Permanent Placement ... The Processor works with loan officers, borrowers, and third party providers to obtain ...

Loan Officer Assistant

Maple Valley, WA ยท On-site

$36K - $60K/yr

Essential Functions Lead to Contract duties: * Acting as a primary point of contact for the ... Prepare and submit loan applications to processing, helping to resolve any subsequent file issues ...

Loan Officer Assistant

Maple Valley, WA ยท On-site

$17.47 - $29.12/hr

Essential Functions Lead to Contract duties: * Acting as a primary point of contact for the ... Prepare and submit loan applications to processing, helping to resolve any subsequent file issues ...

Contract Specialist III

Seattle, WA ยท On-site

$123K - $149K/yr

In addition, this selection process may be used to generate an eligibility pool for future Special ... loan requirements. Develop and implement procedures for consultant selection, major equipment ...

Contract Specialist III

Seattle, WA ยท On-site

$123K - $149K/yr

In addition, this selection process may be used to generate an eligibility pool for future Special ... grant/loan requirements. * Develop and implement procedures for consultant selection, major ...

Deliver fast, accurate pre-approvals and guide borrowers through the REO purchase process to ... Strong purchase mortgage experience, including pre-approval strategy and contract-to-close ...

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Contract Loan Processor information

See Kent, WA salary details

$15

$24

$34

How much do contract loan processor jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for contract loan processor in Kent, WA is $24.05, according to ZipRecruiter salary data. Most workers in this role earn between $20.34 and $27.12 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 Kent, WA?

The most popular types of Loan Processor jobs in Kent, WA are:

What are popular job titles related to Contract Loan Processor jobs in Kent, WA?

For Contract Loan Processor jobs in Kent, WA, the most frequently searched job titles are:

What cities near Kent, WA are hiring for Contract Loan Processor jobs?

Cities near Kent, WA with the most Contract Loan Processor job openings:

Infographic showing various Contract Loan Processor job openings in Kent, WA as of July 2026, with employment types broken down into 62% Full Time, 20% Part Time, 1% Temporary, and 17% Contract. Highlights an 82% Physical, 2% Hybrid, and 16% Remote job distribution, with an average salary of $50,019 per year, or $24 per hour.

Consumer Loan Processor

iVantage Group

Bellevue, WA โ€ข On-site

$21.50 - $26.75/hr

Contractor

Re-posted 21 days ago


Job description

Company Description
iVantage Group is a nationally recognized provider of staffing services and project based solutions located in Brighton, Michigan. Recipient of Crain's Detroit Business "Best Places to Work" award along with being one of Inc. 500's Fasting Growing Firms in the United States. Certified as a Minority & Women Owned Business Enterprise we excel at finding exceptional talent that can't be found. Our 24/7/365 real time recruiting engine is state of the art and has allowed our organization to obtain elite vendor status at local clients such as BCBSM, HAP, General Motors, OnStar, Flagstar, Comerica, Delta Dental, Consumers Energy, Jackson National Life, and Carhartt. We provide our consultants with long term Contract, Contract-to-Hire and Permanent Placement services. Simply put - we will take your career to the next level!
For more information on iVantage Group please visit us at www.theivantagegroup.com .
Job Description
Overview
iVantage Group which is one of Michigan's fastest growing Staffing and Direct Placement firms is currently searching for qualified Retail and Home Lending Processor with experience in the following:
  • Experience with common GSA's (FNMA, FHLMA, FHA, VA, USDA)
  • Knowledge of AUS systems (LP & DU)
  • Knowledge of MDIA and RESPA disclosure requirements

Position: Retail and Home Lending Processor
Industry: Information Technology
Employee Benefits: Comprehensive Benefit Plan
Responsibilities / Job Description:
  • The Processor works with loan officers, borrowers, and third party providers to obtain documentation and submit a thorough, accurate, and complete loan package to Underwriting.
  • Pro-actively maintains control of the loan file, monitors dates for approval, appraisals, purchase deadlines and closing, and ensures that all deadlines are met in a timely and efficient manner.
  • Recognizes and resolves challenges early in the process, and provides excellent customer service.

Qualifications
Skills
  • Effective communication skills with a high level of customer service
  • Ability to multi-task and operate effectively in a high-paced environment
  • Detail orientated with proficient organizational skills
  • Ability to adapt to and accept change
  • Strong listening and problem solving skills

Additional Information
All your information will be kept confidential according to EEO guidelines.
Contact Andrew McAlpine: 810-269-4073 or amcalpine (at) theivantagegroup.com