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Contract Loan Processor Jobs (NOW HIRING)

Loan Processor

$19.25 - $25.50/hr

... contracts for Rate Lock Consultation • Be able to prepare Loan Estimates accurately, submit ... with loan processing teams • Contact borrowers, attorneys, and realtors 24 hours before ...

Loan Processor

Hillsboro, OR · On-site

$24 - $26/hr

... tax contracts, payment of property taxes, and review and processing of insurance renewals. Support the Loan Servicing Specialists and Mortgage Escrow Analyst and Servicer in the areas of escrow ...

Loan Processor

Scottsdale, AZ · On-site

$19 - $25.25/hr

Loan Processors at Tri Pointe Connect work closely with homebuyers, loan consultants, and ... contract close of escrow deadlines * Maintain updated communication logs or other status reports as ...

Loan Processor

Watsonville, CA · On-site

$19.75 - $26.25/hr

Loan Processor If you're looking for an exciting career opportunity, you're in the right place ... Order, review and understand appraisals, entity documents, trusts agreements, purchase contracts ...

An organization in Meriden, CT is seeking a detail-oriented Loan Processor on a contract basis. This role is ideal for a professional with strong administrative and financial documentation skills who ...

Home Loan Processor

Southampton, PA · On-site

$40K - $55K/yr

... surveys, contracts, and property tax records • Input detailed loan process documentation in our system - from origination to close Qualifications: • Must possess excellent written and verbal ...

Loan Processor

Watsonville, CA · On-site

$19.75 - $26.25/hr

The Loan Processor is responsible for reviewing and identifying all missing documentation, and ... Order, review and understand appraisals, entity documents, trusts agreements, purchase contracts ...

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

Job Title: Loan Processor Department: Processing Location: Hybrid/Remote - CT based Position ... Manage pipeline to ensure critical dates are met including contingency, contract closing, and lock ...

Loan Processor

Watsonville, CA · On-site

$32 - $40/hr

The Loan Processor is responsible for reviewing and identifying all missing documentation, and ... Order, review and understand appraisals, entity documents, trusts agreements, purchase contracts ...

Loan Processor

Hartford, CT · On-site

$19 - $25.50/hr

Identifies and seeks missing information necessary to complete contracts. * Maintains customer ... Communicates loan terms to customer and answers questions. * Assembles final loan package for ...

Loan Processor

Charlotte, NC · On-site +1

$65K - $70K/yr

Job Title: Loan Processor Position Summary We are seeking an experienced and detail-oriented ... docs, purchase contracts, etc.) * Ensure completeness and accuracy prior to submission to ...

Loan Processor

Watsonville, CA · On-site

$32 - $40/hr

The Loan Processor is responsible for reviewing and identifying all missing documentation, and ... Order, review and understand appraisals, entity documents, trusts agreements, purchase contracts ...

Loan Processor

Charlotte, NC · On-site

$65K - $70K/yr

Job Title: Loan Processor Position Summary We are seeking an experienced and detail-oriented ... docs, purchase contracts, etc.) * Ensure completeness and accuracy prior to submission to ...

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

Job Title: Loan Processor Department: Processing Location: Hybrid/Remote - CT based Position ... Manage pipeline to ensure critical dates are met including contingency, contract closing, and lock ...

Loan Processor

Hillsboro, OR · On-site

$24 - $26/hr

... tax contracts, payment of property taxes, and review and processing of insurance renewals. Support the Loan Servicing Specialists and Mortgage Escrow Analyst and Servicer in the areas of escrow ...

Loan Processor

Charlotte, NC · On-site

$65K - $70K/yr

Job Title: Loan Processor Position Summary We are seeking an experienced and detail-oriented ... docs, purchase contracts, etc.) * Ensure completeness and accuracy prior to submission to ...

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Contract Loan Processor information

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$13

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$30

How much do contract loan processor jobs pay per hour?

As of Jun 25, 2026, the average hourly pay for contract loan processor 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.

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

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary and bonuses, depending on the employer and location. Loan officers need strong knowledge of lending guidelines and customer service skills to succeed in this role.

Will MLO be replaced by AI?

A Mortgage Loan Originator (MLO) role involves personal interaction and assessment of borrower needs, which are difficult for AI to fully replicate. While AI tools can assist with data analysis and document processing, the human element remains essential for client communication, compliance, and complex decision-making in mortgage lending.

How much does a contract processor make?

A contract loan processor typically earns between $40,000 and $60,000 annually, depending on experience, location, and employer. Some may earn additional compensation through bonuses or overtime, especially in high-volume environments or with specialized skills like knowledge of loan processing software.

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 knowledge of lending regulations are important; some positions may require certification or training in loan processing. Contract roles often require flexibility and the ability to work independently within set deadlines.

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 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.

More about Contract Loan Processor jobs
What cities are hiring for Contract Loan Processor jobs? Cities with the most Contract Loan Processor job openings:
What are the most commonly searched types of Loan Processor jobs? The most popular types of Loan Processor jobs are:
What states have the most Contract Loan Processor jobs? States with the most job openings for Contract Loan Processor jobs include:
Infographic showing various Contract Loan Processor job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 4% Full Time, 50% Part Time, and 45% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

$19 - $25.25/hr

Other

Posted 19 days ago


Job description

Overview
Are you passionate about making a real impact in the homebuying journey? At Tri Pointe Solutions, the financial services affiliate of Tri Pointe Homes, we're redefining what it means to purchase a home. Our dynamic team is driven by innovation, collaboration, and a shared commitment to excellence. We offer a comprehensive suite of services-including mortgage, title, escrow, homeowner's and title insurance-all integrated under one roof to create a seamless, high-quality lending experience for our borrowers. If you're ready to be part of a forward-thinking company that's shaping the future of the industry, apply to join our outstanding team.
Tri Pointe Connect, the mortgage affiliate of Tri Pointe Homes, is looking for an experienced individual to join our talented group in Arizona as a Loan Processor. This is a hybrid position working out of our Operations Center in Scottsdale, Arizona.
Position Highlights: Loan Processors at Tri Pointe Connect work closely with homebuyers, loan consultants, and underwriters to facilitate the gathering and processing of documentation necessary to get approved for a mortgage loan. A loan processor plays a key role in helping homebuyers realize their dream of homeownership. This includes possessing the knowledge and attention to detail to review critical documents relating to income and assets such as paystubs, tax returns, bank statements, credit reports, and other key documents applicable to the mortgage transaction. Successful processors at Tri Pointe Connect display a strong desire for unparalleled customer service, are able to work with a sense of urgency, employ excellent communication skills (both written and verbal), are well-organized, and extremely detail-oriented. If you are looking to make a difference, Tri Pointe Connect is the place for you!
Position Responsibilities:

  • Review file for completeness, comparing data entered in loan application with actual documentation in file
  • Review underwriting guidelines to ensure all applicable documentation is gathered and submitted for underwriting approval
  • Review documentation submitted by borrowers and third parties such as seller/builder, title/escrow, homeowners insurance, etc. Ensure documentation is acceptable and meets applicable guidelines or underwriting conditions
  • Run automated underwriting systems (LP, DU, GUS, TOTAL) as applicable
  • Communicate verbally and electronically with internal and external parties applicable to the transaction including but not limited to loan consultants, builder representatives, real estate agents, homebuyers, title/escrow agents, homeowners insurance agents, and others
  • Manage pipeline deadlines to ensure loans are submitted to critical milestones to meet purchase contract close of escrow deadlines
  • Maintain updated communication logs or other status reports as applicable
  • Attend weekly/monthly departmental meetings
  • Monitor loan files and submit change of circumstance requests as applicable
  • Order third party verifications (employment, income, assets, rent/mortgage) as applicable
  • Understand and adhere to all critical regulatory guidelines
  • Meet all established Quality Control Metrics
  • Attend departmental and compliance training as required
  • Meet minimum production requirements for active loan pipeline as well as loans closed on time
Position Qualifications:
  • High school diploma or equivalent
  • Minimum 2 years experience in a loan processing role; purchase/builder business preferred
  • MS Office; including Outlook, Word, and Excel
  • Encompass LOS experience preferred
  • Must be able to work in office located in Scottsdale, AZ; hybrid/remote may be considered for select markets
Job Specific Core Competencies:
  • Excellent verbal and written communication skills
  • Strong attention to detail
  • Outstanding interpersonal and customer service skills
  • Ability to multi-task and meet deadlines
  • Strong organizational skills
  • Ability to operate independently when needed but perform as a team player
  • Knowledge of underwriting guidelines - including conventional, FHA, VA, USDA, and non-QM
  • Strong regulatory knowledge, including ECOA, HMDA, RESPA, and other applicable federal or state-specific guidelines
  • Ability to meet internal and external expectations when working under fast-paced sometimes tight deadlines

Want to know what it's like working at Tri Pointe Homes? Click here to see what our employees have to say: Great Place to Work Certified Company
Tri Pointe Homes is committed to building a diverse and talented team to help us achieve our goals. Please note that due to operational constraints, we are unable to consider applicants who require visa sponsorship (e.g., H1B, OPT) for this position. This policy applies uniformly to roles where sponsorship cannot be accommodated to ensure consistency and fairness in our hiring process.
At Tri Pointe Homes, we are intentional about fostering an environment where you, and all individuals, are encouraged to be their authentic selves. We embrace individuality and strive to be consciously inclusive of different backgrounds, experiences, and perspectives in every aspect of our business. We believe our company's strength relies on the diversity of the team and the unique, innovative ideas everyone contributes.
Pursuant to the California Consumer Privacy Act of 2018, if you are a California resident, you have the right to know the categories of personal information that we collect about job applicants, employees and their emergency contacts and beneficiaries, and independent contractors. Please click here for a description of our personal information collection practices.
We are an Equal Opportunity Employer, which means we make employment decisions based on merit and qualifications and are committed to providing equal opportunities for all applicants and employees without regard to their race, color, creed, religion, national origin, ancestry, citizenship status, age, disability, sex, sexual orientation, gender identity or expression, veteran status, genetic information, or any other characteristic protected by applicable federal, state or local laws.
We will endeavor to make a reasonable accommodation to the known physical or mental limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to apply for an open position or to participate in an interview, please let us know.